Hyderabad, Nov. 12: Hyderabad-based Grace Cancer Foundation has marked a major milestone in social impact financing by ringing the bell at the National Stock Exchange (NSE) headquarters in Mumbai.
Founded in 2013 by surgical oncologist Dr. Chinnababu Sunkavalli, the charitable trust launched a ₹1-crore fundraising issue through the NSE Social Stock Exchange (SSE). The issue received more than 100 per cent subscription.
The Zero Coupon Zero Principal (ZCZP) issue aims to fund cancer screening programmes for underserved communities. The Foundation plans to conduct 10,000 cancer screenings across North Telangana.
The ceremony marked the Foundation’s listing on the NSE Social Stock Exchange. It was the 18th such listing on the platform.
Senior NSE Advisor Shailesh Pathak and representatives of EQUIPPP attended the ceremony. EQUIPPP served as the issue’s advisor and supported the impact assessment.
Dr. Sunkavalli said preventive healthcare could help doctors reach millions of people beyond hospital operation theatres.
“As a surgeon, I can operate on only one patient at a time. But outside the operation theatre, through preventive healthcare, early detection and large-scale screening programmes, I can reach millions of people,” he said.
Pathak highlighted the potential of social fundraising to expand healthcare programmes across Telangana. He said resources could be mobilised to support cancer screening in more Assembly constituencies.
Grace Cancer Foundation | Social Stock Exchange to Support Cancer Prevention Initiatives
The ₹1-crore public issue opened from October 7 to 9, 2026. According to the fundraising document dated September 30, each ZCZP instrument carries a face value of ₹10.
The minimum application size is ₹1,000. The issue required at least 75 per cent subscription, amounting to ₹75 lakh.
Unlike conventional shares, ZCZP instruments carry no interest or repayment of principal. Funds raised through these instruments support the stated social objectives.
The Foundation also plans to collaborate with EQUIPPP’s Constituency Development Framework. It has identified Kodangal and Manthani for pilot projects.
Founded in 2013, Grace Cancer Foundation works in cancer awareness, early detection, screening, treatment support, rehabilitation and research.
Its future plans include a Centre of Excellence for Preventive Oncology and AI-enabled mobile screening units. The organisation also aims to expand cancer and non-communicable disease screening programmes.
Other proposed initiatives include digital health platforms for rural communities and research collaborations in preventive oncology.
The NSE Social Stock Exchange provides eligible non-profit organisations with a regulated platform to raise funds. It also requires disclosures, governance standards and impact reporting.
For Grace Cancer Foundation, the listing marks an effort to expand preventive healthcare through public contributions and structured social financing.
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