Park Medi World Ltd IPO
Bookbuilding IPO | ₹920.00 Cr | Listing at NSE,BSE
IPO Open
Wed, Dec 10, 2025
IPO Close
Fri, Dec 12, 2025
Price Band
₹154.00 to ₹162.00
Market Cap (Pre-IPO)
₹6,997.28 Cr
IPO Details
| IPO Date | Dec 10, 2025 to Dec 12, 2025 |
| Listing Date | Dec 17, 2025 |
| Face Value | ₹2.00 per share |
| Price Band | ₹154.00 to ₹162.00 |
| Lot Size | 92 Shares (Minimum: ₹14,904.00) |
| Sale Type | Offer For Sale + Fresh Issue |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE,BSE |
| Issue Size | ₹920.00 Crores |
| Total Shares Offered | 56,790,123 shares |
| Fresh Issue | 47,530,864 shares |
| Offer For Sale | 9,259,259 shares |
Subscription Data
| Category | Times Subscribed |
|---|---|
| QIB | 12.07x |
| NII | 15.16x |
| RII | 3.32x |
| Total | 8.52x |
Park Medi World Ltd IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | 2,83,95,060 (50.00%) |
| Retail Shares Offered | 1,98,76,544 (35.00%) |
| NII Shares Offered | 85,18,519 (15.00%) |
Park Medi World Ltd IPO Lot Size
Investors can bid for a minimum of 92 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 92 | ₹14,904 |
| Retail (Max) | 13 | 1,196 | ₹193,752 |
| S-HNI (Min) | 14 | 1,288 | ₹208,656 |
| S-HNI (Max) | 67 | 6,164 | ₹998,568 |
| B-HNI (Min) | 68 | 6,256 | ₹1,013,472 |
Park Medi World Ltd Financial Information (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 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 ₹ Cr
Key Performance Indicators
As of Monday, March 31, 2025| KPI | Values |
|---|---|
| ROE (Return on Equity) | 20.68% |
| ROCE (Return on Capital Employed) | 17.47% |
| Debt/Equity | 0.61 |
| RoNW (Return on Net Worth) | 20.08% |
| PAT Margin (Profit After Tax 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) | 29.31 | 25.14 |
| Promoter Holding | 95.55% | 82.89% |
Company Promoters
- Dr. Ajit Gupta and Dr. Ankit Gupta are the company promoters.
Company Overview
Park Medi World Limited, incorporated in 2011, is a leading private multi-super speciality hospital chain in North India. As of March 31, 2025, it operates 14 NABH-accredited hospitals under the Park brand with a total capacity of 3,000 beds across Haryana, Delhi, Punjab, and Rajasthan. The network offers over 30 speciality and super-speciality services and is equipped with advanced critical care infrastructure, including ICU beds, operating theatres, and in-house oxygen plants, supported by a strong team of doctors and nurses.
Company 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
Objectives
| Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by the Company and certain of the Subsidiaries. | 380 |
| 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 |
| Funding capital expenditure for purchase of medical equipment by the Company and our certain Subsidiaries, Blue Heavens and Ratangiri. | 27.46 |
| Unidentified inorganic acquisitions and general corporate purposes. | 245.32 |
Park Medi World Ltd IPO Peer Comparison
Park Medi World Ltd peer comparison with similar listed entities. (As on March 31, 2025)| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Park Medi World Ltd. | 5.55 | 5.55 | 26.58 | - | 20.08 | 6.09 | - |
| Apollo Hospitals Enterprise Ltd. | 100.56 | 100.56 | 570.37 | 73.43 | 17.63 | - | - |
| Fortis Healthcare Ltd. | 10.26 | 10.26 | 118.06 | 90.42 | 8.69 | - | - |
| Narayana Hrudalaya Ltd. | 38.90 | 38.90 | 177.37 | 50.10 | 21.80 | - | - |
| Max Healthcare Institute Ltd. | 11.07 | 11.07 | 96.50 | 101.54 | 11.47 | - | - |
| Krishna Institute of Medical Sciences Ltd. | 9.61 | 9.61 | 53.43 | 69.53 | 17.89 | - | - |
| Global Health Ltd. | 17.92 | 17.92 | 125.64 | 66.41 | 14.27 | - | - |
| Jupiter Lifeline Hospitals Ltd | 29.47 | 29.47 | 206.85 | 48.59 | 14.27 | - | - |
| Yatharth Hospital & Trauma Care Services Ltd. | 14.72 | 14.72 | 166.62 | 52.85 | 8.15 | - | - |
Quick Info
| Sector | - |
| Exchange | NSE,BSE |
| Market Cap (Pre-IPO) | ₹6,997.28 Cr |
| GMP | 5.00 |
| Listing Price | ₹158.80 |
| Listing Gain | -1.98% |
Important Dates
| IPO Open | Dec 10, 2025 |
| IPO Close | Dec 12, 2025 |
| Allotment Date | Dec 15, 2025 |
| Credit to Demat | Dec 16, 2025 |
| Listing Date | Dec 17, 2025 |
Lead Manager(s)
Nuvama Wealth Management Ltd.
Registrar
Kfin Technologies Ltd.
04067162222, 04079611000
Description
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 finalised on Dec 15, 2025. The shares got listed on BSE, NSE on Dec 17, 2025. Park Medi World IPO price band is set at ₹162.00 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.