SME
IPO ·
NSE SME
Pramodini Medicare Ltd
Listed
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.
Issue details
Price band
₹110 – ₹118
Face value
₹10
Lot size
1,200 shares
Minimum investment
₹2,83,200
Issue size
₹69.04 Cr
Fresh issue
₹59.17 Cr
Offer for sale
₹5.90 Cr
Issue type
Book Built
Exchange
NSE SME
Key dates
Opens
12 Aug 2026
Closes
14 Aug 2026
UPI mandate cut-off
5:00 PM on 14 Aug 2026
Allotment
17 Aug 2026
Refunds
18 Aug 2026
Shares in demat
18 Aug 2026
Listing
19 Aug 2026
Subscription and listing
Subscription
3.26x
Listing price
₹120
Registrar
Purva Sharegistry (India) Pvt Ltd
Lead manager
Smart Horizon Capital Advisors
Subscription by category
Total
3.26x
Total applications
3,638
Anchor investors
Amount raised
₹16.06 Cr
Bid date
11 Aug 2026
50% lock-in ends
16 Sep 2026
Rest lock-in ends
15 Nov 2026
Listing day
Issue price
₹118
Open
₹120.00
High
₹125.55
Low
₹114.00
Day close
₹121.65
Listing gain at open
+1.69%
Issue structure
Shares reserved per category and share of the total issue
QIB
25,32,000
43.27%
Anchor Investor
13,60,800
23.26%
QIB (Ex. Anchor)
11,71,200
20.02%
NII
9,60,000
16.41%
bNII > ₹10L
6,39,600
10.93%
sNII < ₹10L
3,20,400
5.48%
Retail
20,23,200
34.58%
Market Maker
3,36,000
5.74%
Total
58,51,200
100.00%
Finaccle’s quick read
Apply
FY26 income up 64%, PAT up 56%, ROE 39.08%, D/E 0.34, post-issue P/E 14.97x.
A rules-based screen of growth, margins, debt and valuation, built from the offer document and data on Chittorgarh.com. It is for information only and is not investment advice or a recommendation to buy or sell. Read the RHP and speak to a SEBI-registered adviser before you apply.
About the company
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.
Founded
Promoters
Promoter holding
Financial performance
Period
PAT
ROE
39.08%
ROCE
34.66%
Debt / equity
0.34
PAT margin
27.90%
P/E post issue
14.97
Market cap
₹260.14 Cr
Use of IPO money
Funding of capital expenditure for purchase of Medical Equipments towards Existing and Proposed Diagnostic Centres
₹45.15 Cr
General corporate purposes and unidentified inorganic acquisition
₹10.76 Cr
Issue Expenses
₹7.90 Cr
Strengths
✓
: Establishing a strategic presence across various states of India
✓
Strengthening its network through diversified business models
✓
Revenue up 64% in FY26 to ₹63.38 Cr
✓
PAT up 56% in FY26 to ₹17.38 Cr
✓
PAT margin of 27.90%
Risks to watch
!
SME platform: large lot size and thinner trading liquidity
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Last updated:
Information is compiled from exchange notices and the company’s offer document. It is for general information only and is not investment advice or a recommendation to apply. Read the prospectus before investing.