Park Medi World IPO will open on December 10, 2025 and close on December 12, 2025. This is a Book Built Issue through which the company aims to raise around ₹1,260 crores. The issue includes a fresh issue of ₹960 crores and an offer for sale of up to [.] equity shares with a face value of ₹2 each.
The IPO price band is ₹154 to ₹162 per share. The shares will be listed on BSE and NSE on December 17, 2025. The allotment is scheduled for December 15, 2025.
From the financial performance, the company reported revenue of ₹1,263.08 crores in FY 2024 compared to ₹1,272.18 crores in FY 2023. The profit stood at ₹152.01 crores in FY 2024 against ₹228.19 crores in FY 2023. Based on the financials, this offering may appeal to long-term investors.
Contents
Park Medi World IPO Details
| Particular | Details |
|---|---|
| IPO Open Date | December 10, 2025 (Tentative) |
| IPO Close Date | December 12, 2025 |
| Face Value | ₹2 per equity share |
| IPO Price Band | ₹154 to ₹162 per share |
| Issue Size | Approx ₹1,260 crores |
| Fresh Issue | Approx ₹960 crores |
| Offer for Sale | Approx [.] equity shares |
| Issue Type | Book Built Issue |
| IPO Listing | BSE, NSE |
| DRHP | View PDF |
| RHP | View PDF |
Park Medi World IPO
Open: 10-12 Dec
Issue Size: ₹1,260 Cr.
Objective: Raise funds to repay debt, expand hospitals and buy medical equipment.
Exchange: BSE NSE
Park Medi World IPO GMP Today
The Park Medi World IPO is witnessing a soft trend in the grey market. As per the latest update, the GMP stands at ₹4, indicating a marginal premium over the issue price of ₹162. With this, the estimated listing price comes to ₹166, translating to a modest expected gain of 2.47%.
The retail subject to sauda is at ₹300, while Small HNIs are seeing a rate of ₹4,200. Over the last 10 sessions, the GMP has moved mostly downward, signalling reduced enthusiasm. The premium has slipped from a high of ₹33 to the current low of ₹4, showing clear weakness in market sentiment.
Park Medi World IPO Day-wise GMP Trend:
The table below shows the day-wise movement in GMP along with the estimated listing price and expected gain. The trend highlights how market confidence has softened in recent days, with most sessions showing a downward movement.
| Date | GMP | Estimated Listing Price | Expected Gain |
|---|---|---|---|
| 12 December 2025 | ₹4 (Down) | ₹166 | 2.47% |
| 11 December 2025 | ₹8.5 (Down) | ₹170.5 | 5.25% |
| 10 December 2025 | ₹14 (Down) | ₹176 | 8.64% |
| 09 December 2025 | ₹22 (Down) | ₹184 | 13.58% |
| 08 December 2025 | ₹29 (Down) | ₹191 | 17.90% |
| 07 December 2025 | ₹33 (No Change) | ₹195 | 20.37% |
| 06 December 2025 | ₹33 (Up) | ₹195 | 20.37% |
| 05 December 2025 | ₹30 (Up) | ₹192 | 18.52% |
| 04 December 2025 | ₹0 (No Change) | ₹0 | 0.00% |
| 03 December 2025 | ₹0 (No Change) | ₹0 | 0.00% |
Disclaimer: GMP is based on grey market news. We do not trade or recommend trading in the grey market or Subject to Sauda (sub2) rates.
Park Medi World IPO Review
Park Medi World is a well-established private hospital chain with a strong regional presence across Haryana, Delhi, Punjab, and Rajasthan. The company operates around 3,000 beds, supported by a large team of doctors, nurses and medical staff.
Patient footfall has shown steady growth over recent years. While FY 2024 saw a dip in profitability, the overall fundamentals, expansion plans, and healthcare demand indicate long-term potential. Investors looking at the healthcare sector may consider this IPO for long-term holding.
Park Medi World IPO Market Lot
| Application Type | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 92 | ₹14,904 |
| Retail Maximum | 13 | 1,196 | ₹1,93,752 |
| S-HNI Minimum | 14 | 1,288 | ₹2,08,656 |
| S-HNI Maximum | 67 | 6,164 | ₹9,98,568 |
| B-HNI Minimum | 68 | 6,256 | ₹10,13,472 |
- Also Read: Neptune Logitek IPO
IPO Reservation
| Investor Category | Shares Offered | % Shares |
|---|---|---|
| Anchor Investor | – Shares | –% |
| QIB (Ex-Anchor) | – Shares | 50% |
| NII Shares Offered | – Shares | 15% |
| Retail Shares Offered | – Shares | 35% |
Park Medi World IPO Anchor Investors
| Particular | Details |
|---|---|
| Anchor Bidding Date | 2025 |
| Anchor Investors List | View PDF |
| Shares Offered | [.] Shares |
| Anchor Size | [.] Cr |
| Lock-in Period End (50% shares – 30 Days) | 2025 |
| Lock-in Period End (50% shares – 90 Days) | 2025 |
Park Medi World IPO Dates
| Event | Date |
|---|---|
| IPO Open Date | December 10, 2025 |
| IPO Close Date | December 12, 2025 |
| Basis of Allotment | December 15, 2025 |
| Refunds | December 16, 2025 |
| Credit to Demat | December 16, 2025 |
| IPO Listing Date | December 17, 2025 |
| Bid Cut-off Time | December 12, 2025 – 5 PM |
Promoters and Shareholding
| Particular | Shares | % Share |
|---|---|---|
| Promoter Holding Pre-Issue | 38,44,00,000 | 99.16% |
| Promoter Holding Post-Issue | – | –% |
Promoters:
Dr. Ajit Gupta and Dr. Ankit Gupta.
Objects of the Issue
A major part of the proceeds will be used for repayment or prepayment of certain outstanding borrowings of the company and its subsidiaries.
The company also plans to allocate funds towards capital expenditure for developing new hospitals and expanding existing facilities under Park Medicity (NCR) and Blue Heavens.
Another portion will be used for purchasing medical equipment for the company and subsidiaries, including Blue Heavens and Ratangiri. The remaining amount will go towards inorganic acquisitions and general corporate purposes.
About Park Medi World
Park Medi World is an Indian private hospital chain with a strong cluster-based presence. As of September 30, 2024, the group manages around 3,000 beds across eight hospitals in Haryana, one in New Delhi, two in Punjab, and two in Rajasthan. Their medical team consists of 891 doctors, 1,912 nurses, 671 medical professionals, and 1,761 support staff.
Patient volume has been consistent. In the six months ending September 30, 2024, the hospitals served 40,368 patients. They reported 73,284 patients in FY 2024 compared to 73,084 in FY 2023 and 62,106 in FY 2022.
Park Medi World Financials
(All figures in ₹ crores)
| Period Ended | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2022 | 1,093.96 | 815.59 | 199.38 | 1,293.23 |
| 2023 | 1,272.18 | 955.37 | 228.19 | 1,592.83 |
| 2024 | 1,263.08 | 1,041.66 | 152.01 | 1,912.10 |
| September 2024 | 707.45 | 559.95 | 112.89 | 2,018.74 |
Park Medi World IPO Valuation – FY2024
| KPI | Value |
|---|---|
| ROE | 18.25% |
| ROCE | 16.07% |
| EBITDA Margin | 25.21% |
| PAT Margin | 12.35% |
| Debt to Equity | 0.73 |
| EPS (Basic) | ₹3.95 |
| P/E Ratio | N/A |
| RoNW | 18.81% |
| NAV | ₹21.23 |
Peer Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Apollo Hospitals Enterprise Ltd | 62.50 | 99.46 | 12.98% | 481.60 | 19,165.5 Cr |
| Fortis Healthcare Ltd | 7.93 | 79.38 | 7.82% | 101.50 | 6,931.2 Cr |
| Narayana Hrudalaya Ltd | 38.86 | 40.30 | 27.39% | 141.03 | 5,093.4 Cr |
| Max Healthcare Institute Ltd | 10.89 | 90.53 | 12.58% | 86.51 | 5,584.1 Cr |
| Krishna Institute of Medical Sciences Ltd | 7.75 | 66.14 | 16.96% | 45.69 | 2,511.2 Cr |
| Global Health Ltd | 17.80 | 68.90 | 16.53% | 107.77 | 3,349.8 Cr |
| Jupiter Lifeline Hospitals Ltd | 28.65 | 52.10 | 15.11% | 178.30 | 1,095.5 Cr |
| Yatharth Hospital & Trauma Care Services Ltd | 14.46 | 27.01 | 13.09% | 101.84 | 686.2 Cr |
IPO Lead Managers
- Nuvama Wealth Management Limited
- CLSA India Private Limited
- DAM Capital Advisors Limited
- Intensive Fiscal Services Private Limited
Company Address
| Particular | Details |
|---|---|
| Address | Park Medi World Ltd., 12, Meera Enclave Near Keshopur Bus Depot, Outer Ring Road, New Delhi 110018 |
| Phone | +91 124 696 000 |
| company.secretary@parkhospital.in | |
| Website | www.parkhospital.in |
IPO Registrar
| Particular | Details |
|---|---|
| Registrar | Kfin Technologies Ltd |
| Phone | 04067162222, 04079611000 |
| parkmedi.ipo@kfintech.com | |
| Website | https://ipostatus.kfintech.com |
Park Medi World IPO FAQs
What is Park Medi World IPO?
It is a Mainboard IPO through which the company plans to raise ₹1,260 crores, priced at ₹154 to ₹162 per share, and will list on BSE and NSE.
When will the IPO open?
The IPO will open on December 10, 2025 and close on December 12, 2025.
What is the investors’ portion?
QIB: 50%, NII: 15%, Retail: 35%.
How to apply?
You can apply using ASBA through your bank or UPI through your stockbroker.
What is the lot size?
The minimum lot size is 92 shares with application amount of ₹14,904.
What is the issue size?
₹1,260 crores.
What is the allotment date?
December 15, 2025.
What is the listing date?
December 17, 2025.
Expert Comment
Park Medi World operates in a stable and growing healthcare segment, supported by strong capacity, skilled medical teams, and consistent patient volumes.
Although FY 2024 saw lower profitability, the company’s expansion strategy and use of IPO proceeds toward reducing debt and boosting infrastructure could strengthen long-term performance. The IPO may be suitable for investors looking for sustained growth in the healthcare sector, especially those with a long-term investment horizon.
