- CEO
- Atul Kumar Sethi
- Full Time Employees
- 132
- Sector
- Health technology
- Industry
- Medical specialties
- Address
- Plot No. 15, Industrial Area Dhar MP India 454775
- IPO Date
- Jun 8, 1993
- Business
- Shree Pacetronix Limited Shree Pacetronix Limited manufactures and sells implantable cardiac pacemakers and related medical devices through its subsidiary Shree Coratomic Limited, operating primarily in the cardiac rhythm management segment for healthcare providers and patients requiring anti-bradycardia treatments in India and internationally. The company produces a range of single and dual chamber pacemakers including models such as Ventralite 940+, Tiranga, Pinnacle-8820, Tiranga-302, Pinnacle-R-SSIR-Model-29, Trinity-R, Smart-E, Charak DDDR, and Indus I SSB; pacing leads encompassing Atrial J-Bipolar Lead-3851-VB, IS1 Bipolar Lead 3851 VB, Screw-in Lead P12, and Zeus-1; and pacing system analyzers featuring dual chamber models with operating modes like VVI, VOO, AAI, AOO, DOO, DDD, VDD, and DAI, supporting basic rates from 30 to 140 PPM, output amplitudes up to 12V, and sensitivity thresholds for atrium and ventricle. Incorporated on January 11, 1988, as a private limited company and converted to public limited status in 1993, Shree Pacetronix Limited is headquartered in Pithampur, Madhya Pradesh, India, and listed on the Bombay Stock Exchange with approximately 5500 shareholders. In recent developments, the company received INR 10.65 million in funding in November 2025 with participation from Akash Sethi acquiring a 7.71% equity stake; issued and allotted equity shares and warrants via preferential issue; reappointed Atul Kumar Sethi as Managing Director; and faces an open offer from Akash Sethi to acquire up to 975,000 shares representing 26% of expanded share capital at INR 100 per share, opening October 31, 2025, with the Independent Directors Committee deeming the price fair and reasonable as of October 2025.