Hyderabad/Mumbai, November 12, 2026: Grace Cancer Foundation, a Hyderabad-based charitable trust founded by surgical oncologist Dr. Chinnababu Sunkavalli, marked its entry into India’s social capital markets with a bell ringing ceremony at the National Stock Exchange (NSE) headquarters in Mumbai, celebrating the listing of its oversubscribed ₹1 crore Zero Coupon Zero Principal (ZCZP) issue on the NSE Social Stock Exchange (NSE-SSE).
The listing, which is the 18th on the NSE-SSE, represents a milestone for Hyderabad’s social sector and highlights the growing role of non-profit organisations in India’s capital markets. The issue, open from October 7 to October 9, 2026, closed with over 100% subscription and aims to fund cancer screenings in rural areas, targeting 10,000 screenings for underserved communities across North Telangana.
Bell ringing ceremony in Mumbai
The official project listing was attended by Shailesh Pathak, Senior Advisor at the National Stock Exchange of India, and representatives from EQUIPPP, including Lakshmi Narayana and Sai Kiran, who served as advisors to the issue. The ceremony was intended to provide visibility to the emerging social finance ecosystem and to the Foundation’s efforts in institutionalising social fundraising.
Details of the ZCZP issue
The ₹1 crore ZCZP public issue, with each instrument carrying a face value of ₹10 and a minimum application size of ₹1,000, was facilitated with advisory and impact-assessment support from EQUIPPP. Retail donations were accepted through platforms such as Zerodha and ICICI Direct. The minimum subscription requirement for the issue was 75 per cent, or ₹75 lakh, as per the Fund-Raising Document dated September 30, 2026.
ZCZP instruments do not carry interest or principal repayment; instead, funds raised are directed towards the Foundation’s social objectives, with compliance to disclosure, governance, and impact-reporting requirements.
Focus on cancer prevention and early detection
Grace Cancer Foundation, established in 2013, has been active in cancer awareness, early detection, screening, treatment support, rehabilitation, and research. The Foundation’s SSE registration number is NSESSENP000165. Its future plans include establishing a Centre of Excellence for Preventive Oncology, deploying AI-enabled mobile cancer screening units, expanding screening programmes for cancer and non-communicable diseases, developing digital health platforms for rural communities, and pursuing research collaborations in preventive oncology.
Dr. Chinnababu Sunkavalli, Founder of Grace Cancer Foundation, said the move to social capital markets allows the organisation to multiply its impact by reaching millions through preventive healthcare and large-scale screening programmes.
Social Stock Exchange as a fundraising alternative
The Social Stock Exchange provides a regulated platform for eligible non-profit organisations to raise funds for social development, offering transparency and accountability to both organisations and contributors. Shailesh Pathak, Senior Advisor at NSE, noted the potential for scaling up such initiatives across Telangana’s 119 Assembly constituencies, emphasising the opportunity for mobilising resources for preventive healthcare through the Social Stock Exchange.
The Foundation’s collaboration with EQUIPPP includes pilot projects in Kodangal and Manthani, as part of EQUIPPP’s Constituency Development Framework. The Preventive Health Mission aims to strengthen early detection and make screening services accessible to underserved communities.
Grace Cancer Foundation is registered as a public charitable trust in Hyderabad, with registrations under the Income Tax Act and the Foreign Contribution (Regulation) Act.
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