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Kolkata: The IPO of Park Medi World, which operates a hospital chain in north India under the Park brand, is designed to raise Rs 920 crore through a combination of fresh issue of 4.75 crore shares amounting to Rs 770.00 crore and an OFS part of 0.93 crore shares aggregating to Rs 150.00 crores. The bidding window of the issue opens today, Dec 10, 2025.
The management of Park Medi World was successful in mobilising Rs 276 crore from anchor investors, which included Kotak Mutual Fund (MF), Allianz Global Investors Fund, Taurus MF, Reliance General Insurance Company and Societe Generale. A total of 1.70 crore equity shares were placed with 23 funds at Rs 162 per share.
According to investorgain, Park Medi World IPO GMP, or Grey Market Premium, stood at Rs 22 in the evening of Dec 9. Considering an upper price band of Rs 162, Park Medi World can expect a listing price of Rs 184 and the listing gain signalled by the GMP at the current level 13.58%. However, one must remember that the GMP is only an unofficial indicators that can be extremely volatile. Also it cannot guarantee any listing gain (or loss).
Park Medi World IPO price band has been fixed at Rs 154-162. For a retail investor, the minimum investible lot contains 92 shares for which he/she has to arrange for Rs 14,904 considering the upper end of the price band. The smallest lot size for sNII investors is 1,288 shares and that for bNIIcategory of investors is 6,256 shares. The shares of Park Medi World will list on both NSE and BSE. Nuvama Wealth Management is the book running lead manager and Kfin Technologies is the registrar to the issue.
IPO bid opens: Dec 10, 2025
IPO bid closes: Dec 12
Cut-off time for UPI mandate confirmation: 5 pm on Dec 12
Allotment: Dec 15
Refund: Dec 16
Credit of shares to demat: Dec 16
Listing: Dec 17
Park Medi World was set up in 2011. The hospital chain it runs mostly in North India has a total bed of 3,000 beds. Its facilities are located in Haryana, Delhi, Punjab, and Rajasthan. It offers more than 30 super speciality and speciality services such as internal medicine, neurology, urology, gastroenterology, general surgery, orthopaedics, and oncology. They hospitals have a cumulative 870 bedded intensive care unit (ICU) beds and 67 operating theatres.
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