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

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 Date | 10 to 12 Dec, 2025 |
| Listed on | Wed, Dec 17, 2025 |
| Face Value | ₹2 per share |
| Price Band | ₹154 to ₹162 |
| Issue Price | ₹162 per share |
| Lot Size | 92 Shares |
| Sale Type | Fresh Capital & OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 5,67,90,123 shares (agg. up to ₹920 Cr) |
| Fresh Issue | 4,75,30,864 shares (agg. up to ₹770 Cr) |
| Offer for Sale | 92,59,259 shares of ₹2 (agg. up to ₹150 Cr) |
| Share Holding Pre Issue | 38,43,99,990 shares |
| Share Holding Post Issue | 43,19,30,854 shares |
| BSE Script Code / NSE Symbol | 544645 / PARKHOSPS |
| ISIN | INE119201023 |
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 Offered | 5,67,90,123 (100.00%) |
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 |
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 Date | Tue, Dec 9, 2025 |
| Shares Offered | 1,70,37,036 |
| 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 |
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:
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 Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 2,320.93 | 2,133.70 | 1,912.10 | 1,592.82 |
| Total Income | 823.39 | 1,425.97 | 1,263.08 | 1,272.18 |
| Profit After Tax | 139.14 | 213.22 | 152.01 | 228.19 |
| EBITDA | 217.14 | 372.17 | 310.30 | 390.34 |
| NET Worth | 1,153.05 | 1,021.86 | 815.98 | 667.55 |
| Reserves and Surplus | 1,187.77 | 1,049.40 | 858.63 | 653.09 |
| Total Borrowing | 733.91 | 682.07 | 686.71 | 575.68 |
| Amount in ₹ Crore | ||||
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 |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 20.68% |
| ROCE | 17.47% |
| Debt/Equity | 0.61 |
| RoNW | 20.08% |
| PAT Margin | 15.30% |
| EBITDA Margin | 26.71% |
| Price to Book Value | 6.09 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 5.55 | 6.44 |
| P/E (x) | 29.21 | 25.14 |
| Promoter Holding | 95.55% | 82.89% |
| Market Cap | ₹6,997.28 Cr. |
| # | 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 |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹162.00 | ₹162.00 |
| Open | ₹155.60 | ₹158.80 |
| Low | ₹146.85 | ₹146.93 |
| High | ₹165.75 | ₹165.87 |
| Last Trade | ₹148.15 | ₹147.95 |
Lead Manager Reports
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
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.