Prashanthi Balamandira Trust Files India’s Largest Project on NSE-Social Stock Exchange (SSE) Platform

Prashanthi Balamandira Trust (PBT), a renowned public charitable trust that has been at the forefront of offering quality education and healthcare services to underserved communities, has made history with the filing of India’s largest Draft Fund Raising Document (DFRD) on the NSE-Social Stock Exchange (SSE) platform. The project aims to raise Rs. 18 Crores for the construction of a state-of-the-art Emergency and Trauma Care Wing at its upcoming 600-bed hospital in Muddenahalli, Chikkaballapur, Karnataka.

This milestone builds on the trust’s registration with the NSE’s Social Stock Exchange in February 2024 and reflects PBT’s steadfast commitment to transparency, good governance, and advancing humanitarian initiatives. The announcement of this momentous IPO took place on Tuesday, 11th February 2025, at 11:30 AM at the National Stock Exchange, BKC, Mumbai.

The funds raised through SSE will be dedicated to the establishment of a vital Emergency and Trauma Care Wing within PBT’s new 600-bed hospital. This hospital will be the second teaching hospital under the Sri Madhusudan Sai Institute of Medical Sciences and Research (SMSIMSR) and will offer free-of-charge medical education in disciplines like MBBS, post-graduate studies, super-specialty courses, and allied health sciences. The initiative further strengthens healthcare delivery in rural India and empowers the next generation of medical professionals committed to service in underserved regions.

Founded on the principles of selfless service, Prashanthi Balamandira Trust operates 28 educational campuses, including India’s first free-of-charge medical college, a private university and a vocational training centre. Its humanitarian work reaches millions, with a focus on providing education, healthcare, and nutrition to underserved communities across India. This effort is about more than building a hospital—it’s about creating a lasting legacy of love, service, and compassion. Together, we can shape a healthier, brighter future for generations to come.

Social Stock Exchange (SSE): The Social Stock Exchange (SSE) is a regulated platform within the exchanges that connects social enterprises with investors and donors to drive social impact. It enables Non-Profit Organisations (NPOs) and for-profit social enterprises (FPEs) to raise funds through instruments like Zero Coupon Zero Principal (ZCZP) instrument.

By enhancing credibility, transparency, and impact measurement, SSE ensures funds are effectively utilized for sustainable development goals (SDGs). It also aims to democratize giving, allowing retail donors, institutional investors, and philanthropists to support causes such as education, healthcare, climate action, and women’s empowerment, etc.

Through impact reporting and governance, SSE builds trust between funders and social enterprises, fostering a vibrant social finance ecosystem. With a vision to bridge capital markets and social impact, SSE is shaping the future of innovative, accountable, and scalable social investments in India.