Karnataka-based public charitable non-profit organisation, Prashanthi Balamandira Trust (PBT), has launched its public issue on the Social Stock Exchange (SSE) in a bid to raise Rs 18 crore.
The issue is India’s Largest Social Stock Exchange issue yet on the National Stock Exchange – Social Stock Exchange platform. The funds raised through the issue of Zero Coupon Zero Principal Bonds (ZCZP) shall be utilised towards establishing state-of-the-art Emergency & Trauma Care Wing in the upcoming 600-bed world’s largest free-of-charge hospital at Sathya Sai Grama, Muddenahalli near Bengaluru.
The minimum subscription amount for this issue is Rs 10,000 and further in multiples of Rs 1. The issue opened on 19th March 2025 and closes on Monday, 24th March 2025. Sharing further details, R K Subramanya, Trustee of the Prashanthi Balamandira Trust said, “Emergency care saves lives. Yet in resource-limited settings, care is often compromised due to lack of funds. Providing access to high quality medical care, free-of-charge to all those in need, is our mission.”
Notably, Prashanthi Balamandira Trust is a public charitable entity that provides free of charge quality education and healthcare to underserved communities. Registered with the Social Stock Exchange of the NSE, PBT embodies transparency, good governance and public accountability as a humanity-centric trust. The hospital being built by PBT in Karnataka is slated to be the world’s largest free-of-charge healthcare centre. The fully equipped Emergency and Trauma Care wing will be an integral part of the upcoming 600-bed hospital.
