Prashanthi Balamandira Trust launches India’s largest social stock exchange issue to fund emergency care

Prashanthi Balamandira Trust (PBT), a Karnataka-based public charitable non-profit organisation, launched its public issue on the Social Stock Exchange (SSE) on 19 March 2025, aiming to raise INR 18 crore. This is the largest SSE issue in India to date on the National Stock Exchange – Social Stock Exchange platform.

The funds raised through the Zero Coupon Zero Principal (ZCZP) Bonds will be allocated to establishing an Emergency and Trauma Care Wing at PBT’s upcoming 600-bed hospital in Sathya Sai Grama, Muddenahalli, near Bengaluru. The hospital will provide healthcare services free of charge.

The minimum subscription for this issue is INR 10,000, with further investments allowed in multiples of INR 1. The issue opened on 19 March 2025 and will close on 24 March 2025.

“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,” said R K Subramanya, Trustee, Prashanthi Balamandira Trust.

Prashanthi Balamandira Trust provides free education and healthcare to underserved communities. Registered with the Social Stock Exchange of the NSE, the trust adheres to transparency, governance, and public accountability standards. The hospital under development is set to become the world’s largest free-of-charge healthcare centre, with the Emergency and Trauma Care Wing as a key component.

The SSE facilitates electronic fundraising for social enterprises and voluntary organisations, allowing them to issue ZCZP bonds under the Securities and Exchange Board of India’s regulatory framework. The PBT issue is intended to expand access to healthcare and education, reinforcing its mission of public welfare.