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Park Medi World IPO
The size of the Park Medi World IPO is ₹920 crores, consisting of a fresh issue of 4.75 crore shares worth ₹770 crores and an offer-for-sale (OFS) of 0.93 crore shares totaling ₹150 crores. It is a book-built IPO, with a price band at ₹154-₹162 per share. The issue will open on 10 December 2025 and will close the same day with the allotment date of 15 December 2025. Listing will be on 17 December 2025 on BSE and NSE.
Company Background
Park Medi World Limited is a privately owned chain of hospitals established in 2011, based largely in North Eastern India, headquartered in New Delhi. It operates 13 multi-specialty hospitals under the 'Park' brand in Haryana, New Delhi, Punjab and Rajasthan with an aggregate capacity of 3,000 beds as of September 2024. All facilities are NABH-accredited and 7 are also approved by NABL, aimed at providing high-quality, affordable health care.
Operations and Product Range
Facility and Production
Park Medi World has received NABH accreditation for all 13 proprietary hospitals with 805 ICU beds, 63 OTs, an oxygen generation plant across locations and two exclusive cancer units. It provides more than 30 super-specialities, including neurology, oncology, urology, gastroenterology, orthopaedics and critical care. As of September 2024, it has a staff of 891 doctors, including senior consultants, 1,912 nurses, 671 allied health professionals and employs 1,761 ancillary staff.
Brands and Market Presence
The ‘Park’ brand markets itself as the biggest private hospital chain in Haryana with a cluster-based approach to bring efficiency and accessibility to Tier II/III cities. Features treatments that span a wide spectrum of patients located in North India, with a special emphasis on internal medicine, general surgery and oncology. The model is scalable with targeted growth and acquisitions.
Park Medi World IPO Revenue Channels
The majority of income is generated from hospital operations, including super-speciality services, inpatient/outpatient treatment and diagnostics. The total revenue for the fiscal FY2024 was ₹1,263.08 crore and PAT was ₹152.01 crore; Q2 and H1 FY2025 (Sep 2024) earned it an income of ₹707.45 crore and a PAT of ₹112.89 crore, along with a borrowings figure that stubbornly stayed at just under ₹648.96 crore. Expansion has been fuelled by increasing occupancy, service mix and regional leadership.
Management and Shareholding
Promoters and Shareholding
The promoters of Park Medi World IPO are Dr. Ajit Gupta and Dr. Ankit Gupta, both doctors with sufficient experience in the healthcare industry who built and scaled the chain. The pre-issue shareholding is 38.44 crore shares, on which the OFS enables the promoters to cut part of their holding, while the fresh issue brings more such funds, retaining promoter control post-IPO.
Board Members
The Park Medi World IPO board is headed by promoters Dr. Ajit Gupta (Chairman and MD) and Dr. Ankit Gupta, along with independent directors and clinicians, ensuring that clinical and operational governance measures are in place.
WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.
Park Medi World IPO GMP
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| - | - | - | - |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
Park Medi World IPO Details
| Detail | Description |
|---|---|
| IPO Date | December 10, 2025 to December 12, 2025 |
| Listing Date | [.] |
| Face Value | ₹2 per share |
| Issue Price Band | ₹154 to ₹162 per share |
| Lot Size | 92 Shares |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Total Issue Size | 5,67,90,123 shares (aggregating up to ₹920.00 Cr) |
| Fresh Issue(Ex Market Maker) | 4,75,30,864 shares (aggregating up to ₹770.00 Cr) |
| Offer for Sale | 92,59,259 shares of ₹2 (aggregating up to ₹150.00 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 38,43,99,990 shares |
| Share Holding Post Issue | 43,19,30,854 shares |
Park Medi World IPO Timeline
| Detail | Description |
|---|---|
| IPO Open Date | Wed, Dec 10, 2025 |
| IPO Close Date | Fri, Dec 12, 2025 |
| Tentative Allotment | Mon, Dec 15, 2025 |
| Initiation of Refunds | Tue, Dec 16, 2025 |
| Credit of Shares to Demat | Tue, Dec 16, 2025 |
| Tentative Listing Date | Wed, Dec 17, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Fri, Dec 12, 2025 |
Park Medi World IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 1 | 92.00 | ₹14,904 |
| Individual investors (Retail) (Max) | 13 | 1,196.00 | ₹1,93,752 |
| S-HNI (Min) | 14 | 1,288 | ₹2,08,656 |
| S-HNI (Max) | 67 | 6,164 | ₹9,98,568 |
| B-HNI (Min) | 68.00 | 6,256 | ₹10,13,472 |
Park Medi World IPO Promoter Holding
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| Promoter Holding Pre Issue | 95.55% |
| Promoter Holding Post Issue | 82.89% |
Competitive Strength:
- • Market leader in Haryana with 3,000 beds and the largest private hospital chain in Haryana, Himachal Pradesh & J&K (By DIPP). Number one hospital chain in Punjab, with a dominant presence of 14 NABH Hospitals, offering multi-speciality services & also Medical Superspecialities services to keep you healthy with 30+ services with 805 ICU beds & 63 OTs.
- • Good operational performance with stable topline (₹1,263 crore in FY24) profitability (PAT ₹152 crore), supported by a skilled workforce and cluster-based efficiency.
- • Experienced promoters Dr. Ajit Gupta and Dr. Ankit Gupta with a scalable, affordable model, NABH/NABL accreditations and strategic expansions driving market leadership.
Park Medi World IPO Financial Information
| Period Ended | Assets | Total Income | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing | ||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 30 Sep 2025 | 2,320.93 | 823.39 | 139.14 | 1,153.05 | - | 733.91 | ||||||||||||||||||||||||||||||||||
| 31 Mar 2025 | 2,133.70 | 1,425.97 | 213 | 1,022 | - | 682.07 | ||||||||||||||||||||||||||||||||||
| 31 Mar 2024 | 1,912.10 | 1,263.08 | 152.01 | 815.98 | - | 686.71 | ||||||||||||||||||||||||||||||||||
| 31 Mar 2023 | 1,592.82 | 1,272.18 | 228.19 | 667.55 | - | 575.68 | ||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
| KPI | Values |
|---|---|
| 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 |
| Market Capitalization | ₹6,997.28 Cr. |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 5.55 | 6.44 |
| P/E (x) | 29.21 | 25.14 |
IPO Objectives
The net proceeds of the fresh issue from Park Medi World IPO are proposed to be utilised towards repayment/prepayment in full or part of borrowings availed by the company (₹ 4,100 million); establishing a new hospital and expansion of existing hospitals under subsidiary companies (₹ 1,100 million), purchase of medical equipment and for other general corporate purposes / inorganic acquisitions. OFS nets selling shareholders for liquidity.
Conclusion
Park Medi World IPO is coming from a large hospital chain in North India with a strong clinical setup and operating profitably and looking to expand in the fast-growing sector. It is backed by known promoters and accreditations and offers promising investment opportunities in the affordable super-speciality care sector.
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Frequently asked Questions (FAQs )
-
How big is the Park Medi World IPO?
IPO size of ₹920 crore, consisting of fresh issue of ₹770 crore (4.75 Cr shares) and OFS of ₹150 crore (0.93 Cr shares).
-
What is the goal of the Park Medi World IPO?
Funds for debt repayment, hospital expansions, equipment, acquisitions and corporate purposes.
-
Which services are offered by Park Medi World?
More than 30 super-specialities, including neurology, oncology, urology, orthopaedics and critical care.
-
What is the financial performance of Park Medi World IPO?
FY2024 income ₹1,263 crore (PAT ₹152 crore); H1 FY2025 income ₹707 crore (PAT ₹113 crore).
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