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Corporate

Park Medi World IPO ₹920 cr, nearly fully subscribed

Park Medi World’s initial public offering (IPO), targeting around ₹920 crore, is in its third and final day. Priced between ₹154 and ₹162 per share, the IPO includes a mix of new shares and shares sold by existing investors.

In the grey market, where unofficial trades hint at potential listing gains, the premium has eased to around ₹8–₹9 per share, roughly 5% above the issue price. This marks a softening from earlier levels, signaling a slight cooling of short-term trading excitement.

By the end of Day 2, the IPO was almost fully subscribed. Retail investors applied for 1.19 times their allocation, while non-institutional investors applied for 1.38 times. Institutional investors were more cautious, covering only 32% of their quota.

The company plans to use the proceeds to repay debt, expand its hospital network, purchase medical equipment, and fund growth initiatives. Park Medi World operates 14 multi-speciality hospitals in North India, with over 3,000 beds and more than 30 medical specialties, making it a significant player in the region’s healthcare sector.

Financially, the company has reported steady growth in revenue and profits over the past few years. Its expansion strategy, through acquisitions and new hospital projects, has helped strengthen its position in the competitive healthcare market.

Analysts see the IPO as attractive for long-term investors, highlighting the company’s strong fundamentals and the rising demand for quality healthcare services across India.

The IPO closes on 12 December 2025, with listing expected later this month. Investors are watching both subscription trends and grey market movements closely, as they offer a glimpse into potential listing performance.

Park Medi World’s offering reflects continued investor interest in the healthcare sector, combining growth potential with an established hospital network and a wide range of specialized services.

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Categories
Corporate

Park Hospital’s chain launches ₹920 cr IPO on Dec 10

Park Medi World, the operator of the well-known Park Hospital chain in North India, is all set to enter the stock market with a ₹920 crore Initial Public Offering (IPO) opening on 10 December 2025. The shares have been priced in a band of ₹154 to ₹162 per share, and the subscription window will close on 12 December 2025.

The IPO is structured as a combination of a fresh issue worth ₹770 crore and an offer-for-sale (OFS) of ₹150 crore by the company’s promoters. Investors can apply for a minimum of 92 shares, with further applications in multiples of 92 shares. If the listing goes ahead as planned, Park Medi World is expected to debut on the stock exchanges on 17 December 2025, giving it an estimated valuation of around ₹7,000 crore.

The company plans to use the proceeds from the IPO for multiple strategic purposes. About ₹380 crore will be directed towards repaying existing borrowings, which were reported at ₹624.3 crore as of October 2025. Around ₹60.5 crore will be invested in developing a new hospital under Park Medicity in the NCR region and expanding an existing facility managed by its subsidiary, Blue Heavens. Another ₹27.4 crore will be used to purchase medical equipment across its hospitals, while the remaining funds will support general corporate purposes and potential future acquisitions.

Park Medi World operates 13 multi-specialty, NABH-accredited hospitals across North India, including Haryana, Delhi, Punjab, and Rajasthan, with a combined capacity of approximately 3,000 beds. The chain has earned a reputation for quality healthcare services, particularly in multi-specialty and critical care areas.

With this IPO, the company aims to strengthen its balance sheet, reduce debt, and expand its infrastructure, positioning itself for future growth in the region’s healthcare sector. For investors, this offering provides an opportunity to be part of one of North India’s largest private hospital networks at a crucial phase of expansion.

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