Park Medi World IPO Details

Bookbuilding IPO | ₹920 Cr | Listed at BSE, NSE

Park Medi World IPO Logo

Park Medi World IPO is a book build issue of ₹920.00 crores. The issue is a combination of fresh issue of 4.75 crore shares aggregating to ₹770.00 crores and offer for sale of 0.93 crore shares aggregating to ₹150.00 crores.

Park Medi World IPO bidding started from Dec 10, 2025 and ended on Dec 12, 2025. The allotment for Park Medi World IPO was finalized on Dec 15, 2025. The shares got listed on BSE, NSE on Dec 17, 2025.

Park Medi World IPO price band is set at ₹162 per share. The lot size for an application is 92. The minimum amount of investment required by an retail is ₹14,904 (92 shares) (based on upper price). The lot size investment for sNII is 14 lots (1,288 shares), amounting to ₹2,08,656, and for bNII, it is 68 lots (6,256 shares), amounting to ₹10,13,472.

Nuvama Wealth Management Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.

Refer to Park Medi World IPO RHP for detailed Information.

IPO Open

Wed, Dec 10, 2025

IPO Close

Fri, Dec 12, 2025

Issue Price

₹162 per share

Market Cap (Pre-IPO)

₹6,997.28 Cr

IPO Details

IPO Date10 to 12 Dec, 2025
Listed onWed, Dec 17, 2025
Face Value2 per share
Price Band₹154 to ₹162
Issue Price₹162 per share
Lot Size92 Shares
Sale TypeFresh Capital & OFS
Issue TypeBookbuilding IPO
Listing AtBSE, NSE

Total Issue Size5,67,90,123 shares
(agg. up to ₹920 Cr)
Fresh Issue 4,75,30,864 shares
(agg. up to ₹770 Cr)
Offer for Sale92,59,259 shares of ₹2
(agg. up to ₹150 Cr)
Share Holding Pre Issue38,43,99,990 shares
Share Holding Post Issue43,19,30,854 shares
BSE Script Code / NSE Symbol544645 / PARKHOSPS
ISININE119201023

IPO Timetable

IPO Reservation

Park Medi World IPO offers total 5,67,90,123 shares. Out of which 2,83,95,060 (50.00%) allocated to QIB, 1,13,58,024 (20.00%) allocated to QIB (Ex- Anchor), 85,18,519 (15.00%) allocated to NII 1,98,76,544 (35.00%) allocated to RII and 1,70,37,036 (30.00%) allocated to Anchor investors.

Investor Category Shares Offered Max Allottees
QIB Shares Offered 2,83,95,060 (50.00%)NA
  − Anchor Investor Shares Offered 1,70,37,036 (30.00%)NA
  − QIB (Ex. Anchor) Shares Offered 1,13,58,024 (20.00%)NA
NII (HNI) Shares Offered 85,18,519 (15.00%)NA
  − bNII > ₹10L 56,79,013 (10.00%)4,409
  − sNII < ₹10L 28,39,506 (5.00%)2,204
Retail Shares Offered 1,98,76,544 (35.00%)2,16,049
Total Shares Offered5,67,90,123 (100.00%)

IPO Lot Size

Investors can bid for a minimum of 92 shares and in multiples thereof. 

Application Lots Shares Amount
Retail (Min) 1 92 ₹14,904
Retail (Max) 13 1,196 ₹1,93,752
S-HNI (Min) 14 1,288 ₹2,08,656
S-HNI (Max) 67 6,164 ₹9,98,568
B-HNI (Min) 68 6,256 ₹10,13,472
IPO Subscription Details

IPO Anchor Investors

Park Medi World IPO raises ₹276.00 crore from anchor investors. Park Medi World IPO Anchor bid date is December 9, 2025.
📝 Anchor Investors Letter (PDF)

Bid DateTue, Dec 9, 2025
Shares Offered1,70,37,036
Anchor Portion (₹ Cr.)276.00
Anchor lock-in period end date for 50% shares (30 Days)Tue, Jan 13, 2026
Anchor lock-in period end date for remaining shares (90 Days)Sat, Mar 14, 2026

About Park Medi World Ltd.

Incorporated in 2011, Park Medi World Limited is a private hospital chain operating primarily in North India, with a total bed capacity of 3,000 beds as of March 31, 2025.

The company operates 14 multi-super speciality hospitals under the ‘Park’ brand. All hospitals are accredited by the National Accreditation Board for Hospitals & Healthcare Providers (NABH), and eight are also accredited by the National Accreditation Board for Testing and Calibration Laboratories (NABL). The network includes facilities in Haryana, Delhi, Punjab, and Rajasthan.

Park Hospital offers more than 30 super speciality and speciality services, such as internal medicine, neurology, urology, gastroenterology, general surgery, orthopaedics, and oncology.

As of Sep 30, 2025, the hospitals are equipped with 870 bedded intensive care unit (ICU) beds, 67 operating theatres (OTs), and an oxygen generation plant at each location to support critical care.

It has hospitals across several states including Haryana (Ambala, Gurugram, Karnal, Panipat, Palam Vihar, Sonipat, Faridabad), Delhi, Punjab (Patiala, Mohali), and Rajasthan (Jaipur, Behror).

As of September 30, 2025, Park Medi World Limited had a workforce of 1,014 doctorsa and 2,142 nurses

.

Competitive strengths:

  • Second largest chain of private hospitals in North India and largest private hospital chain in Haryana
  • Delivering high-quality and affordable healthcare with a diverse specialty mix
  • Track record of successfully acquiring and integrating hospitals
  • Strong operational and financial performance with diversified payor mix
  • Doctor led professional management team with industry experience

Company Financials (Restated Consolidated)

Park Medi World Ltd.'s revenue increased by 13% and profit after tax (PAT) rose by 40% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended30 Sep 202531 Mar 202531 Mar 202431 Mar 2023
Assets2,320.932,133.701,912.101,592.82
Total Income823.391,425.971,263.081,272.18
Profit After Tax139.14213.22152.01228.19
EBITDA217.14372.17310.30390.34
NET Worth1,153.051,021.86815.98667.55
Reserves and Surplus1,187.771,049.40858.63653.09
Total Borrowing733.91682.07686.71575.68
Amount in ₹ Crore

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects Est Amt (₹ Cr.)
1 Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by the Company and certain of the Subsidiaries. 380.00
2 Funding capital expenditure for development of new hospital and expansion of existing hospital by our certain Subsidiaries Park Medicity (NCR) and Blue Heavens, respectively. 60.50
3 Funding capital expenditure for purchase of medical equipment by the Company and our certain Subsidiaries, Blue Heavens and Ratangiri. 27.46
4 Unidentified inorganic acquisitions and general corporate purposes. 245.32

Key Performance Indicator (KPI)

Pre IPOPost IPO
EPS Rs5.556.44
P/E (x)29.2125.14
Promoter Holding95.55%82.89%
Market Cap6,997.28 Cr.
Dr. Ajit Gupta and Dr. Ankit Gupta are the company promoters.
  • The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2025 available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of September 30, 2025 available in RHP.

IPO Review

[Dilip Davda]
PMWL is the second largest private hospital chain in North India with an aggregate bed capacity of 3000+ beds. The company marked a setback for FY24 following its new acquisitions of hospitals. With its plans to acquire stressed asset and turn them profitable within a year has paid rewards in the form of higher margins. Based on its recent financial data, the issue appears fully priced. Investors may grab it for medium to long term.
Read detail review...

Park Medi World IPO Recommendations

Review BySubscribeMay ApplyNeutralAvoid
Brokers9130
Members1000

IPO Expenses

# Issue Expenses Est Amt (₹ Cr.)
1 BRLMs’ fees and commissions (including underwriting commission, brokerage and selling commission) 38.00
2 Commission/processing fee for SCSBs and Bankers to the Offer and fees payable to the Sponsor Banks for Bids made by UPI Bidders, brokerage, selling commission and bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs 3.12
3 Fees payable to the Registrar to the Offer 0.08
4 Fees payable to advisors, consultants and other parties to the Offer
5 Auditors 0.53
6 Industry expert 0.83
7 Fee payable to legal counsel 8.74
8 Others
9 Listing fees, SEBI filing fees, upload fees, BSE and NSE processing fees, book building software fees and other regulatory expenses 3.47
10 Printing and stationery 1.17
11 Advertising and marketing expenses 6.89
12 Miscellaneous 4.93

Listing Day Trading Information

Price DetailsBSENSE
Final Issue Price162.00162.00
Open155.60158.80
Low146.85146.93
High165.75165.87
Last Trade148.15147.95

Check IPO Performance…

IPO Registrar

Kfin Technologies Ltd.

Contact Details

Park Medi World Ltd. Address
12, Meera Enclave Near Keshopur,
Bus Depot, Outer Ring Road,
New Delhi, New Delhi, 110018
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IPO FAQs

Park Medi World IPO is a main-board IPO of 5,67,90,123 equity shares of the face value of ₹2 aggregating up to ₹920 Crores. The issue is priced at ₹162 per share. The minimum order quantity is 92.

The IPO opens on Wed, Dec 10, 2025, and closes on Fri, Dec 12, 2025.

Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Zerodha customers can apply online in Park Medi World IPO using UPI as a payment gateway. Zerodha customers can apply in Park Medi World IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Park Medi World IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Park Medi World IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Park Medi World IPO opens on Wed, Dec 10, 2025 and closes on Fri, Dec 12, 2025.

Park Medi World IPO lot size is 92, and the minimum amount required for application is ₹14,904.

You can apply in Park Medi World IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Park Medi World IPO will be done on Monday, December 15, 2025, and the allotted shares will be credited to your demat account by Tue, Dec 16, 2025. Check the Park Medi World IPO allotment status.

The Park Medi World IPO listing date is on Wed, Dec 17, 2025.

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