Park Medi World Limited sets December 10 opening for ₹920 crore IPO

Park Medi World Limited has scheduled its ₹920 crore IPO to open on December 10 and conclude on December 12, 2025. Anchor Investor participation will begin on December 9.

The IPO includes a ₹770 crore fresh issue and a ₹150 crore Offer for Sale by promoter Dr. Ajit Gupta. The price band ranges from ₹154 to ₹162 per share, with a minimum application size of 92 shares.

The company will allocate proceeds toward repayment of borrowings, development of a new hospital through subsidiary Park Medicity (NCR), medical equipment purchases for Blue Heavens and Ratangiri, and for undisclosed acquisitions and corporate purposes.

The issue is managed by Nuvama Wealth Management, CLSA India, DAM Capital and Intensive Fiscal Services, with proposed listing on BSE and NSE.