Pioneer Fil-Med Limited
IPO Details
Subscription
Lot Distribution
Reservation
Company Fin.
₹0(0.00%)
Premium (ELP)
Pioneer Fil-Med Limited's is preparing to launch its Initial Public Offering (IPO) with a substantial issue size of TBD. The offering comprises a fresh issue component of TBD, alongside an Offer for Sale (OFS) component of ₹250.00 Cr from existing shareholders.
The price band for the IPO has been set at TBD, providing investors with a range to place their bids. The minimum investment lot consists of TBD, making it accessible to both retail and institutional investors.
The subscription window for this public offering opens on TBD and will conclude on TBD. Following the subscription period, the share allotment is scheduled for TBD, with the official listing expected to commence on TBD on the NSE, BSE exchange.
Pioneer Fil-Med Ltd., incorporated in 1997, is engaged in manufacturing and supplying railway and metro equipment and related components for locomotives and coaches in India. Initially focused on filters for railway and automotive applications, the company has expanded its product portfolio to include traction motors, alternators, brake discs, gangways, stators, rotors and platform screen doors, serving both diesel-electric and electric railway platforms. It is an approved supplier to Indian Railways and is among the leading Category-I approved suppliers for traction alternators. The company also holds Category-I approvals for traction motors, HHP 4500 traction motors, brake discs and filters. In addition to railway equipment, it has diversified into the renewable energy sector by supplying wind generators. Pioneer Fil-Med operates three manufacturing facilities, two in Bawal and one in Manesar, Haryana. The company is developing new products, including axle boxes, gangways for EMU and Vande Bharat coaches, gear cases, pistons, IGBT-based propulsion systems and wheel-mounted discs. It aims to strengthen long-term relationships with original equipment manufacturers (OEMs) and expand its presence in the railway and renewable energy sectors. As of December 31, 2025, the company had a workforce of 141 people.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
The expected premium (GMP) is based on market buzz and unofficial trading. It should not be considered as the guaranteed listing price. Always refer to the RHP and seek advice from a financial expert before making investment decisions.
💡 Read our detailed guide: What is IPO Grey Market Premium (GMP) & How It Works?•📈 Track all live rates on IPO GMP Today
- Specialised Medical Device Portfolio: Pioneer Fil-Med Limited focuses on medical devices and healthcare products, catering to the requirements of hospitals, healthcare institutions, and medical professionals.
- Growing Healthcare Industry: Increasing healthcare expenditure, expansion of hospital infrastructure, and rising demand for medical equipment create opportunities for the company to grow its business.
- Scope for Product & Market Expansion: Developing new medical products, strengthening distribution channels, and building relationships with healthcare providers can help the company expand its market presence and customer base.
- Regulatory & Quality Compliance: Medical devices are subject to strict quality standards, product approvals, and healthcare regulations. Failure to meet applicable requirements could lead to additional costs, product restrictions, or disruption of operations.
- Dependence on Suppliers & Raw Materials: The availability and pricing of medical-grade materials, components, and specialised equipment may affect production costs, delivery schedules, and profit margins.
- Competition & Technology Changes: The medical device industry faces competition from established domestic and international manufacturers. Rapid technological advancements and changing customer requirements may require continuous investment in product development and innovation.
- Pioneer Facor IT Infradevelopers Pvt. Ltd.
- Pioneer Procon Pvt. Ltd.
- Pioneer Securities Pvt. Ltd.
- Pioneer Fincap Pvt. Ltd.
- Sushil Kumar Jain
- Anil Kumar Agarwal
- Rishabh Jain
- Akshat Agarwal
- Anita Jain
Pioneer Fil-Med Limited
MUFG Intime India Private Limited