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Pramodini Medicare IPO
4.60xsubscribed

Pramodini Medicare IPO

Hospital & Healthcare Services
listed
₹2.64LMin. investment

Pramodini Medicare Limited IPO Details

SectorHospital & Healthcare Services
Price range₹110 – ₹118
IPO type
SME
Lot size1200 shares
Issue size₹69Cr
Red Herring Prospectus
Read
Market cap
₹260.14CrLower than sector avg
RevenueApr 2025 - Mar 2026
₹62.28CrLower than sector avg
Growth rate3Y CAGR
32.97%

Pramodini Medicare IPO Subscription Status

Date
QIB
NII
Retail
Total
12-Aug-26
1.81 times (X)
0.68 times (X)
0.39 times (X)
0.89 times (X)
13-Aug-26
1.81X
1.67X
0.71X
1.17X
14-Aug-26
3.66X
15.82X
3.37X
4.6X

As on 12-Aug-26, 5:30 PM

Pramodini Medicare IPO Timeline

  1. Pre-apply
    11 Aug 2026
  2. Bid start
    12 Aug 2026
  3. Bid end
    14 Aug 2026
  4. Allotment
    17 Aug 2026
  5. Release of funds
    18 Aug 2026
  6. Demat transfer
    18 Aug 2026
  7. Listing
    19 Aug 2026

About Pramodini Medicare Limited

Pramodini Medicare was incorporated in 2000 and is an integrated diagnostic service provider offering technology-enabled services across radiology, clinical laboratory and nuclear medicine. The company provides diagnostic services to public hospitals, private hospitals, government public sector undertakings (PSUs), medical colleges and individual patients across Tier I, II and III cities in India.
The company’s service portfolio includes MRI, CT scans, X-rays, ultrasound with colour Doppler, mammography, DEXA scans, interventional radiology, pathology, microbiology, immunology, biochemistry, PET-CT, SPECT and nuclear therapy. The company operates through four business models; Public-Private Partnerships (PPP), Private-Private Partnerships, Strategic Partnerships with Government PSUs and standalone diagnostic centres, and also provides 24×7 teleradiology services from Vijayawada.
As of the RHP filing date, it operated 16 diagnostic centres across 14 cities in seven states, supported by a processing laboratory in Vijayawada. Its diagnostic infrastructure includes 8 CT scanners, 7 MRI systems, 20 X-ray machines, 15 ultrasound systems, 2 mammography units, 2 DEXA scanners and 1 PET-CT system.
Radiology services contributed the largest share of revenue from operations at 97.05% in FY26, followed by clinical laboratory services at 2.37% and nuclear medicine at 0.58%. Revenue from Public-Private Partnership centres accounted for 54.19% of FY26 revenue, while government customers (B2G) contributed 61.46% of revenue from operations. Andhra Pradesh was the largest geographical market, contributing 61.90% of FY26 revenue, followed by Karnataka at 20.82%. During FY26, the company conducted 4.74 lakh diagnostic tests, approximately doubling from the previous year.

Checklist

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Risk analysis
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Objectives of Pramodini Medicare Limited IPO

Capital expenditure
71.60%
₹45.15 crore will fund medical equipment for existing and proposed diagnostic centres.
General corporate purposes
28.30%
IPO proceeds will fund corporate purposes, unidentified acquisitions and issue expenses.

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratioD/E ratio
This IPO₹62.28Cr32.97%₹17.37Cr₹260.14Cr11.340.34
This sector (avg.)₹810.55Cr---₹87.66Cr₹10,075.9Cr55.140.40
₹21,794Cr---₹1,472.1Cr₹1,00,081.3Cr59.860.96
₹7,028.46Cr---₹1,075.88Cr₹93,096.78Cr68.940.32
₹7,782.75Cr---₹809.39Cr₹64,284.69Cr63.430.28

*Revenue for financial year 2025-26. Lower P/E and D/E ratios are generally preferred.

Pramodini Medicare IPO Contact Details

Company NamePramodini Medicare Limited

How to apply for Pramodini Medicare IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Pramodini Medicare Limited IPO FAQs

Investors can apply for the Pramodini Medicare IPO through their Demat account via the stock exchange or through their broker.
The issue size of the Pramodini Medicare IPO is 69 Cr.
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
Pramodini Medicare IPO will be open between 2026-08-12 and 2026-08-14.
Pramodini Medicare IPO allotment date is 2026-08-18. For Pramodini Medicare IPO allotment status check, you can visit the website of the registrar of the IPO.
For Pramodini Medicare IPO, the IPO registrar is Purva Sharegistry (India) Private Limited. You can check Pramodini Medicare IPO allotment status on the website of the registrar.
The shares are proposed to be listed on the BSE and NSE.
The Pramodini Medicare IPO shares will typically be credited to your demat account one working day before the IPO's listing date, provided your application is successfully allotted.
The Pramodini Medicare IPO lot size is 1200 and minimum order quantity is 2400.
Pramodini Medicare IPO has set the price band for its IPO at 118 per equity share with a face value of 10.