Pramodini Medicare Ltd. IPO Review 2026: Listing Dates, Allotment, GMP & Overview
Pramodini Medicare IPO is a ₹69.04 crore book-built issue comprising a fresh issue and an offer for sale. The IPO opens on August 12, 2026, and closes on August 14, 2026. The price band is ₹110 to ₹118 per share, and the IPO is proposed to list on NSE SME on August 19, 2026.
| IPO Details | Details |
|---|---|
| IPO Date | 12 to 14 Aug, 2026 |
| Listing Date | 19 Aug, 2026 |
| Price Band | ₹110 to ₹118 |
| Face Value | ₹10 per share |
| Lot Size | 1,200 Shares |
| Minimum Retail Investment | ₹2,83,200 (2,400 shares) |
| HNI Minimum Investment | ₹4,24,800 (3,600 shares) |
| Issue Type | Bookbuilding IPO |
| Sale Type | Fresh capital cum OFS |
| Listing At | NSE SME |
| Total Issue Size | 58,51,200 shares (agg. up to ₹69 Cr) |
| Market Cap | ₹260.14 Cr* |
*At the upper price band.
Pramodini Medicare IPO Important Dates
| Event | Date |
|---|---|
| IPO Open | 12 Aug, 2026 |
| IPO Close | 14 Aug, 2026 |
| Allotment | 17 Aug, 2026 |
| Refund | 18 Aug, 2026 |
| Credit of Shares | 18 Aug, 2026 |
| Listing | 19 Aug, 2026 |
Pramodini Medicare IPO Details
Pramodini Medicare IPO is a ₹69.04 crore book-built issue. The issue comprises a fresh issue of 53.51 lakh shares aggregating to ₹63.14 crore and an offer for sale of 5 lakh shares aggregating to ₹5.90 crore. The IPO has a price band of ₹110 to ₹118 per share and a lot size of 1,200 shares.
| Particulars | Details |
|---|---|
| Fresh Issue | 50,14,800 shares (Ex Market Maker) |
| Offer for Sale | 5,00,400 shares (agg. up to ₹6 Cr) |
| Net Offered to Public | 55,15,200 shares (agg. up to ₹65 Cr) |
| Market Maker Reservation | 3,36,000 shares (agg. up to ₹4 Cr) |
| Book Running Lead Manager | Smart Horizon Capital Advisors Pvt. Ltd. |
| Registrar | Purva Sharegistry (India) Pvt. Ltd. |
| Market Makers | Rainbow Securities Pvt. Ltd.; Shreni Shares Ltd. |
Refer to DRHP for detailed information.
About Pramodini Medicare Ltd.
Incorporated in 2000, Pramodini Medicare Limited is an Indian diagnostic service provider offering technology-enabled services across radiology, clinical laboratory and nuclear medicine. It serves public and private hospitals, PSUs, medical colleges and diagnostic centres across Tier I, II and III cities.
Its radiology services include MRI, CT scans, X-ray, ultrasound with colour Doppler, mammography, Dexa scans and interventional radiology. Its laboratory services cover haematology, microbiology, immunology, pathology and biochemistry, while nuclear medicine services include PET-CT, SPECT and nuclear therapy.
As of August 4, 2026, the company operated 16 diagnostic centres across seven states. It also operates a 24×7 teleradiology unit and a processing laboratory in Vijayawada. As of March 31, 2026, the company had 161 permanent employees.
Pramodini Medicare Business Model
- Public-Private Partnership (PPP): Diagnostic centres within government hospitals and medical colleges through long-term agreements.
- Private-Private Partnership: Diagnostic centres established and managed within private hospitals.
- PSU Partnerships: Diagnostic and imaging centres operated in collaboration with government PSUs.
- Standalone Centres: Diagnostic centres and laboratories serving patients and hospitals.
Pramodini Medicare Service Portfolio
- Radiology and imaging services
- Clinical laboratory diagnostics
- Nuclear medicine services
- PET-CT and SPECT services
- 24×7 teleradiology services
- Diagnostic centre and laboratory operations
Pramodini Medicare IPO Competitive Strengths
- Presence across multiple states through diversified operating models.
- Technical capabilities supported by IT infrastructure.
- Diverse customer base covering hospitals, institutions and individual patients.
- Experienced management team with industry expertise.
- Track record of revenue growth and financial performance.
IPO Allotment & Application Status
Registrar: Purva Sharegistry (India) Pvt.Ltd.
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Pramodini Medicare IPO – Frequently Asked Questions
What is Pramodini Medicare IPO?
Pramodini Medicare IPO is a ₹69.04 crore book-built issue comprising a fresh issue and an offer for sale. The IPO is proposed to list on NSE SME.
When does Pramodini Medicare IPO open and close?
Pramodini Medicare IPO opens on August 12, 2026, and closes on August 14, 2026.
What is the Pramodini Medicare IPO price band?
The price band is ₹110 to ₹118 per share.
What is the Pramodini Medicare IPO lot size?
The lot size is 1,200 shares. The stated minimum retail application is 2,400 shares, requiring ₹2,83,200 at the upper price band.
What is the minimum investment in Pramodini Medicare IPO?
The minimum retail investment is ₹2,83,200 for 2,400 shares. The minimum HNI application is 3 lots, or 3,600 shares, amounting to ₹4,24,800 at the upper price band.
When will Pramodini Medicare IPO be listed?
The IPO is proposed to list on NSE SME on August 19, 2026, subject to the applicable IPO process and approvals.
Who is the lead manager of Pramodini Medicare IPO?
Smart Horizon Capital Advisors Pvt. Ltd. is the book running lead manager.
Who is the registrar of Pramodini Medicare IPO?
Purva Sharegistry (India) Pvt. Ltd. is the registrar of the issue.
Investor Education Hub: Everything You Need to Know About IPOs
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- Step-by-Step Guide: IPO Process in India
- Understanding IPO Application & Allotment (UPI / ASBA & Eligibility)
- 8 Tips to Improve Your Chances of IPO Allotment
- Upcoming IPOs in India
- Investment Banking Services in India
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