Pramodini Medicare IPO

UpcomingSME

Price Band

110 – ₹118

Issue Size

69.04 Cr

Issue Dates

12 Aug 14 Aug 2026

Listing Date

19 Aug 2026

About Pramodini Medicare Limited

Incorporated in 2000, Pramodini Medicare Limited is a diagnostic service provider in India offering technology-enabled diagnostic services across radiology, clinical laboratory, and nuclear medicine segments. The company provides services to public hospitals, private hospitals, public sector undertakings (PSUs), medical colleges, and private diagnostic centres across tier I, II, and III cities. Its service portfolio includes radiology services (MRI, CT scans, X-ray, ultrasound with colour doppler, mammography, Dexa scan, interventional radiology), clinical laboratory services (haematology, microbiology, immunology, pathology, biochemistry), and nuclear medicine services (PET-CT, SPECT, nuclear therapy). It operates a 24x7 teleradiology unit and processing laboratory from Vijayawada. As of August 04, 2026, the company operated 16 diagnostic centres across seven states, through four business models: public-private partnership (PPP), private-private partnerships, strategic partnerships with PSUs, and standalone diagnostic centres.

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IPO Details

Price Band₹110 – ₹118
Face Value₹10
Issue Size₹69.04 Cr
Fresh Issue₹63.14 Cr
Offer for Sale5.9 Cr
Total Shares Offered58,51,200
Listed OnNSE

Objects of the Issue

Funding of capital expenditure for purchase of Medical Equipments towards Existing and Proposed Diagnostic Centres (est. ₹45.15 Cr), and general corporate purposes and unidentified inorganic acquisition.

Key Financial Metrics

EPS (Basic)

10.41

P/E Ratio

11.34x

ROE

39.08%

ROCE

34.66%

Debt / Equity

0.34

Financial Performance

Particulars (₹ Cr)31 Mar 202431 Mar 202531 Mar 2026
Revenue
EBITDA15.5320.9730.9
PAT7.1411.1417.38
Total Assets48.7856.4593.62
Net Worth24.7535.7753.15
Total Borrowings11.9610.8117.85

Valuation

Market Capitalisation

Pre-IPO₹197 Cr
Post-IPO₹260.14 Cr

P/E Ratio

Pre-IPO11.34x
Post-IPO14.97x

Promoter Holding

Pre-IPO85.71%
Post-IPO62.64%

Public Holding

Pre-IPO14.29%
Post-IPO37.36%

Lot Size & Allocation

Investment by Category

CategoryLot SizeMin InvestmentMax Investment
retail2 × 1200₹2,83,200₹2,83,200
shni3 × 1200₹4,24,800₹9,91,200
bhni8 × 1200₹11,32,800

Reservation / Allocation

CategoryAllocationCut-off
QIB45.91%No
NII (HNI)17.41%No
Retail36.68%Yes
Market Maker5.74%No
Anchor Investor (within QIB)23.26%No

Registrar & Lead Managers

Registrar

Purva Sharegistry (India) Pvt. Ltd.

Lead Managers (1)

Smart Horizon Capital Advisors Pvt Ltd

Peer Comparison

CompanyListedMkt Cap (₹ Cr)EPS (₹)P/EROE %
Pramodini Medicare IPO (this IPO)260.14₹10.4111.34x39.08%
Modern Diagnostic & Research Centre Ltd.Yes36.8911.04x
Invicta Diagnostic Ltd.Yes28.1214.51x
Gaudium IVF & Women Health Ltd.Yes16525.36x

Frequently Asked Questions

5 questions about Pramodini Medicare IPO IPO

Pramodini Medicare IPO is a SME IPO of 58,51,200 equity shares of face value ₹10 aggregating up to ₹69 Crores. The issue is priced at ₹110 to ₹118 per share. The minimum order quantity is 1,200 shares. The IPO opens on Wed, Aug 12, 2026, and closes on Fri, Aug 14, 2026. Purva Sharegistry (India) Pvt. Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Important Dates

Issue Opens12 Aug 2026
Issue Closes14 Aug 2026
Allotment17 Aug 2026
Refund Initiation18 Aug 2026
Demat Credit18 Aug 2026
Listing Date19 Aug 2026

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