IPO IPO-Synopsis
Pramodini Medicare Ltd

Back

Registered Office: D.No.29-4-54K CSI Complex,Prakasam Rd Suryaraopet , Vijayawada - 520002 , Andhra Pradesh , India.
Phone : +91 99857 82727   Fax:
Email :  investors@pramodinidiagnositcs.com  
Website :  www.pramodinidiagnostics.com
Initial public offer of upto 58,51,200* equity shares of face value of Rs10/- each (the "Equity Shares") of Pramodini Medicare Limited ("The Company" or "Pramodini" or "The Offeror") at an offer price of Rs118 per equity share for cash, aggregating up to Rs69.04 Crores comprising of fresh issue of up to 53,50,800 equity shares aggregating to Rs63.14 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 Rs5.90 Crores ("Offer For Sale") ("Public Offer"). The offer includes a reservation of up to 3,36,000 equity shares of face value of Rs10/- each, at an offer price of Rs118 per equity share for cash, aggregating Rs3.96 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 Rs10/-each, at an offer price of Rs118 per equity share for cash, aggregating upto Rs65.08 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: Rs118/- per equity share of face value of Rs10/- each. The floor 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 Money Payable On
Opens On Closes On Application Allotment
12-Aug-26 14-Aug-26 Rs118.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :2400  Further Multiples of :1200

  Rs Cr Lead Managers to the Issue
Project Cost 0.00
Smart Horizon Capital Advisors Private Limited
Project Financed through Current Offer 69.04  
Post Issue Equity Share Capital 22.05  
Issue Price Rs118.00  
Projects
Funding of capital expenditure for purchase of Medical Equipments towards Existing and Proposed Diagnostic Centres; andGeneral 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