August, 06 2026 Thursday 22:13 Hrs
Last update 11-9-2025
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IPO Synopsis

Pramodini Medicare Ltd
Initial public offer of upto 58,51,200* equity shares of face value of Rs. 10/- each (the "Equity Shares") of Pramodini Medicare Limited ("The Company" or "Pramodini" or "The Offeror") at an offer price of Rs. 110-118 per equity share for cash, aggregating up to Rs. 64.36-69.04 Crores comprising of fresh issue of up to 53,50,800 equity shares aggregating to Rs. 58.86-63.14 Crores ("Fresh Issue") and an offer for sale of up to 5,00,400 equity shares by Chalasani Kuldeep Kumar, Chalasani Kavitha and Sri Ram Medicare Private Limited ("Promoter Selling Shareholders") aggregating to Rs. 5.50-5.90 Crores ("Offer For Sale") ("Public Offer"). The offer includes a reservation of up to 3,36,000 equity shares of face value of Rs. 10/- each, at an offer price of Rs. 110-118 per equity share for cash, aggregating Rs. 3.7-3.96 Crores will be reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The public offer less market maker reservation portion i.e. Net offer of up to 55,15,200 equity shares of face value of Rs.10/-each, at an offer price of Rs. 110-118 per equity share for cash, aggregating upto Rs. 60.67-65.08 Crores is herein after referred to as the "Net Offer". The public offer and net offer will constitute 26.54% and 25.02% respectively of the post- offer paid-up equity share capital of the company. Price Band: Rs. 110/- to Rs. 118/- per equity share of face value of Rs. 10/- each. The floor price is 11.00 times the face value of the equity shares and cap price is 11.80 times of the face value of the equity shares. Bids can be made for a minimum of 1,200 equity shares and in multiples of 1,200 equity shares thereafter.
Issue
Opens On Closes On
12-Aug-26 14-Aug-26
Money Payable On
Application Allotment
110.00 0.00
Minimum Application for shares in Nos : 2400 Further Multiples of : 1200
(.Cr) Lead Managers to the Issue
Project Cost (.Cr) 0.00 Smart Horizon Capital Advisors Private Limited
Project Financed through Current Offer (.Cr) 64.36  
Post Issue Equity Share Capital (.Cr) 22.05
Issue Price () 110.00
Projects
Funding of capital expenditure for purchase of Medical Equipments towards Existing and Proposed Diagnostic Centres; and
General corporate purposes and unidentified inorganic acquisition
Promoted By
Chalasani Kuldeep Kumar
Chalasani Kavitha
Chalasani Durga Aashritha
Listing At
NSE - SME
Registrar to the Issue
Purva Sharegistry (I) Pvt Ltd
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