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Park Medi World IPO is a bookbuilt issue of ₹920.00 crore. It combines a fresh issue of 4.75 crore shares aggregating to ₹770.00 crore and an offer for sale of 0.93 crore shares aggregating to ₹150.00 crore.
The IPO opens for subscription on December 10, 2025 and closes on December 12, 2025. The allotment is expected to be finalised on Monday, December 15, 2025. The price band for the IPO is set at ₹154 to ₹162 per share, and the minimum lot size for an application is 92 shares.
Company Summary
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-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 doctors and 2,142 nurses.
Company Strengths
- Second-largest chain of private hospitals in North India and the 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 a diversified payor mix
- Doctor-led professional management team with industry experience
Company Financials
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 2,320.93 | 2,133.7 | 1,912.1 | 1,592.82 |
| Total Income | 823.93 | 1,425.97 | 1,263.08 | 1,272.18 |
| Profit After Tax | 1394.14 | 213.22 | 152.01 | 228.19 |
| EBITDA | 217.14 | 372.17 | 310.3 | 390.34 |
| Net Worth | 1,153.05 | 1,021.86 | 815.98 | 667.55 |
| Reserves and Surplus | 1,187.77 | 1,049.4 | 858.63 | 653.09 |
| Total Borrowing | 733.91 | 682.07 | 686.71 | 575.68 |
| Amount in ₹ Crore | ||||
Objectives of IPO
- Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by the Company and certain of the Subsidiaries
- Funding capital expenditure for the development of a new hospital and the expansion of the existing hospital by our certain Subsidiaries, Park Medicity (NCR) and Blue Heavens, respectively.
- Funding capital expenditure for the purchase of medical equipment by the Company and our certain Subsidiaries, Blue Heavens and Ratangiri.
- Unidentified inorganic acquisitions and general corporate purposes.
Promoters of the company
Dr. Ajit Gupta and Dr. Ankit Gupta are the company promoters.
IPO Details
| IPO Date | December 10, 2025 to December 12, 2025 |
| Listing Date | December 17, 2025 |
| Face Value | ₹2 per share |
| Price Band | ₹154 to ₹162 per share |
| Lot size | 92 shares |
| Total Issue size | 5,67,90,123 shares (aggregating upto ₹920.00 Cr ) |
| Fresh Issue | 4,75,30,864 shares (aggregating upto ₹770.00 Cr ) |
| Offer for Sale | 92,59,259 shares of ₹2 (aggregating upto ₹150.00 Cr ) |
| Issue type | Bookbuilding IPO |
| Listing at | NSE, BSE |
| Share Holding Pre Issue | 38,43,99,990 shares |
| Share Holding Post Issue | 43,19,30,854 shares |
Lot Allocation Details
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 92 | ₹14,904.00 |
| Retail (Max) | 13 | 1,196 | ₹1,93,752.00 |
| S-HNI (Min) | 14 | 1,288 | ₹2,08,656.00 |
| S-HNI (Max) | 67 | 6,164 | ₹9,98,568.00 |
| B-HNI (Min) | 68 | 6,256 | ₹10,13,472.00 |
Allotment Schedule
| Basis of Allotment | Mon, 15 Dec, 2025 |
| Initiation of Refunds | Tue, 16 Dec, 2025 |
| Credit of Shares to Demat | Tue, 16 Dec, 2025 |
| Tentative Listing Date | Wed, 17 Dec, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on December 12, 2025 |
IPO Reservation
| Investor Category | Shares Offered |
| QIB Shares Offered | Not more than 50% of the Offer |
| Retail Shares Offered | Not less than 35% of the Offer |
| NII Shares Offered | Not less than 15% of the Offer |
Source – SEBI, Chittorgarh
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