Digital healthcare Company Practo planning IPO: Whats the timeline?
The year 2025 has witnessed as many as 103 mainboard public issues so far. Practo, which is a digital-first healthcare services company is planning to raise capital via a public issue. The company is also negotiating with potential lead managers now.
Kolkata: Practo is a digital-first healthcare platform that connects patients with healthcare providers such as hospitals and doctors via online booking and teleconsultations, pharmacy. The company employs a B2C and B2B model. The revenue streams are from subscription fees, commissions, advertising and corporate health packages. Practo is a 17-year-old company. Its investors include Sequoia Capital, Matrix Partners and Tencent Holdings.
It allows patient parties to find doctors, clinics, hospitals with verified credentials does bookings for in-person appointments and/or online consultations/telemedicine. It also allows patients to order medicines and book lab tests and even store and manage personal health records. In their B2B segment Practo offers clinic management software for appointments, EMR, billing, and analytics.
Practo is now preparing to come out with its public issue. Reports have stated that Practo is on the way of finalising merchant bankers to manage the public issue. Also a Bloomberg report has stated that Practo holding ompany is based in Singapore and it is preparing to shift its head office in India and it could be over in a couple of months.
Talks with potential lead managers
Practo is headquartered in Bangalore. It has now intensified discussions with potential advisors for the public issue. According to sources, bankers could be appointed by January. However, the IPO structure and exact timeline are yet to be finalised and obviously these could change. It is believed that this healthcare company may launch its IPO in the market by the second half of 2026.
Strong IPO market
The IPO deluge and the enthusiastic investor response to these issues have triggered the Practo management. There have been as many as 103 IPO listings in 2025 so far (till Dec 20) and some of the shares are doing very well. The increasing participation of retail investors and continuous inflows into mutual funds have boosted the confidence of companies trying to raise capital from the market. Almost a dozen and a half of startups have successfully tapped the capital markets this year. Practo's IPO plan is a sign that growth-stage and technology-based companies are feeling emboldened to mobilise capital in this market.
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