return to news
  1. Upstox
    /
  2. News
    /
  3. Market News
    /
  4. IPO
    /
  5. Park Medi World, Nephrocare Health Services IPO Listing Date: Key things to know before NSE, BSE debut

Market News

Park Medi World, Nephrocare Health Services IPO Listing Date: Key things to know before NSE, BSE debut

Kamal Joshi
By Kamal Joshi

3 min read | Updated on December 16, 2025, 12:11 IST

Twitter Page
Linkedin Page
Whatsapp Page

SUMMARY

Park Medi World's ₹920 crore initial public offering, with a price band of ₹154 to ₹162 per share, was a mix of a fresh issue of ₹770 crore and an offer for sale (OFS) of shares worth ₹150 crore by promoter Ajit Gupta.

Nephrocare Health Services and Park Medi World shares will be listed on the NSE and BSE. | Image: Shutterstock

Nephrocare Health Services and Park Medi World shares will be listed on the NSE and BSE. | Image: Shutterstock

Shares of dialysis services provider Nephrocare Health Services and hospital chain Park Medi World will make their stock market debuts on Wednesday, December 17. Their IPO allotments were finalised on Monday, December 15.

Open FREE Demat Account within minutes!
Join now

As the listing is less than 24 hours away, here are key things you should know about the two companies.

Nephrocare Health Services, Park Medi World IPO: Listing date and time

The stocks of Park Medi World and Nephrocare Health Services will be listed on the National Stock Exchange (NSE) and the BSE (formerly Bombay Stock Exchange) on Wednesday, December 17, at 10 am.

Subscription details of Nephrocare Health and Park Medi World

Nephrocare Health Services IPO received a total subscription of 13.96 times. It got bids for 18,68,93,536 equity shares compared to 1,33,87,854 shares on offer. Qualified institutional buyers' (QIBs) quota attracted 27.47 times subscription, while the portion for non-institutional investors (NIIs) was subscribed 24.27 times. The category for retail individual investors (RIIs) got 2.31 times subscription.
Park Medi World IPO was subscribed 8.10 times with bids for 33,88,30,572 shares against 4,18,18,182 shares on offer. The category for NIIs secured 15.15 times subscription, while the part for QIBs received 11.48 times subscription. The NIIs quota got subscribed 3.16 times.
BUZZING | Tata Capital, HDB Financial, LG Electronics among top 10 biggest IPOs of 2025: Here's how they are performing

Objectives

Park Medi World's ₹920 crore initial public offering, with a price band of ₹154 to ₹162 per equity share, was a mix of a fresh issue of ₹770 crore and an offer for sale (OFS) of shares worth ₹150 crore by promoter Ajit Gupta.

Funds to the tune of ₹380 crore will be utilised for debt repayment, ₹60.5 crore for the development of a new hospital and expansion of the existing hospital by its units – Park Medicity (NCR) and Blue Heavens, Park Medicity (NCR), ₹27.45 crore to purchase medical equipment, and the rest will be used for unidentified inorganic acquisitions and corporate general purposes.

Nephrocare Health Services IPO sought to raise ₹871.05 crore by offering new equity shares worth ₹353.40 crore and an OFS aggregating to ₹517.64 crore by promoters and existing investors.

Funds worth ₹129.1 crore will be used for the opening of new dialysis clinics, ₹136 crore for repayment of debt and the rest for corporate general purposes.

IPO GMPs

According to investorgain.com and media reports, Park Medi World's unlisted shares are trading at ₹167, reflecting a grey market premium of 3.09% over the upper price band of ₹162.

The unlisted shares of Nephrocare Health Services are trading at ₹502, reflecting a GMP of 9.13% or ₹42 over the upper price band of ₹460.

Disclaimer: Grey Market Premium (GMP) is not regulated or recommended by the stock exchanges or SEBI. Upstox does not endorse or facilitate trading in the grey market. Investors are advised to conduct their own research or consult an expert before making any investment decisions.
To learn more about IPOs, their listings, schedules, and upcoming IPOs, visit our page.
To add Upstox News as your preferred source on Google, click here.
SIP
Consistency beats timing.
promotion image

About The Author

Kamal Joshi
Kamal Joshi is a business journalist who covers industries, markets, and IPOs. He is passionate about breaking news and enjoys playing tennis, especially flexing his backhand. He was previously associated with Republic TV and LatestLY.

Next Story