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.

Sri Madhusudan Sai, a revered humanitarian leader and trustee of Prashanthi Balamandira Trust, shared his vision for this unique venture: “We all have to come together and work—that is what I call the ‘Sarkar, Samaj and Sanstha’ model, or the 3S formula. This means policymakers must create the right policies, society must provide the resources, and charitable organisations must implement social welfare schemes. The very idea of a Social Stock Exchange embodies the synergy of these three elements—government, society, and independent organisations—coming together for a common cause.”

Sri Madhusudan Sai’s visionary leadership has not only impacted the lives of millions across 80 countries through free healthcare, nutrition, and education but also inspired a global community dedicated to serving humanity with compassion. His efforts have earned him international recognition for integrating spirituality with service to the community.

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.