Park Medi World IPO Day 1: Check live subscription status, price band, lot size, key dates and more

Park Medi World IPO: Hospital chain Park Medi World's initial public offering opened for subscription on Wednesday, December 10. The issue, with a price band of ₹154 to ₹162 per share, will conclude on December 12.

The ₹920 crore initial share sale is a combination of a fresh issue of shares aggregating to ₹770 crore and an offer for sale (OFS) of shares totalling ₹150 crore by promoter Dr Ajit Gupta.

The fresh issue proceeds will be utilised for repayment of outstanding borrowings, development of a new hospital by subsidiary Park Medicity (NCR), funding the purchase of medical equipment by company and subsidiaries Blue Heavens and Ratangiri and unidentified inorganic acquisitions and corporate general purposes.

Park Medi World IPO Day 1: Subscription status

The subscription details for the first day of bidding will be available post 10 am.

Park Medi World IPO: Lot size

A lot consists of 92 shares and in multiples thereof. Half of the net offer has been reserved for qualified institutional buyers, 35% for retail investors and the remaining 15% for non-institutional investors.

Park Medi World IPO allotment and listing date

Park Medi World is the second largest private hospital chain in North India. It operates under the Park brand and has an aggregate bed capacity of 3,000 beds. It is Haryana's largest private hospital chain in terms of bed capacity (1,600 beds) as of March 2025, according to a Crisil report.

CLSA India, DAM Capital Advisors, Nuvama Wealth Management, and Intensive Fiscal Services are the book-running lead managers for the public issue. KFin Technologies serves as the registrar.

Park Medi World IPO GMP