Park Medi World Limited announces IPO opening on December 10 to raise ₹920 crore
Park Medi World Limited has announced that its Initial Public Offering will open on December 10 and close on December 12, 2025, with Anchor Investor bidding scheduled for December 9.
The total issue size is ₹920 crore, comprising a ₹770 crore fresh issue and a ₹150 crore Offer for Sale from promoter Dr. Ajit Gupta. The price band is set at ₹154–₹162 per equity share. Investors can bid starting from 92 shares and in multiples thereafter.
Proceeds from the fresh issue will be utilised for repayment or prepayment of borrowings, funding capital expenditure for a new Park Medicity (NCR) hospital, medical equipment purchases for Blue Heavens and Ratangiri, and for future inorganic acquisitions and general corporate needs.
Nuvama Wealth Management, CLSA India, DAM Capital and Intensive Fiscal Services are acting as book-running lead managers. The equity shares are proposed to list on both NSE and BSE.