- Price band set at ₹154–₹162 per equity share (face value ₹2 each)
- IPO opens December 10 and closes December 12; Anchor bidding on December 9
- Minimum bid: 92 equity shares and multiples thereof
Chandigarh, December 5, 2025: Park Medi World Limited (the “Company”) has announced that its Initial Public Offering (IPO) will open for subscription on Wednesday, December 10, 2025, marking a key milestone for the healthcare services provider.
The IPO, aggregating up to ₹9,200 million (₹920 crore), comprises a fresh issue of ₹7,700 million (₹770 crore) and an Offer for Sale (OFS) of ₹1,500 million (₹150 crore) by promoter Dr. Ajit Gupta.
The Anchor Investor Bidding Date is scheduled for Tuesday, December 9, 2025, with the public bidding window running from December 10 to December 12, 2025.
The price band for the offer has been set at ₹154 to ₹162 per equity share, and investors can place bids for a minimum of 92 equity shares, with bids thereafter in multiples of 92 shares.
The Company intends to utilise the net proceeds from the fresh issue towards:
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Repayment or prepayment of outstanding borrowings of the Company and its subsidiaries.
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Capital expenditure for developing a new hospital under subsidiary Park Medicity (NCR).
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Purchase of medical equipment for the Company and subsidiaries Blue Heavens and Ratangiri.
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Unidentified inorganic acquisitions and general corporate purposes.
The OFS includes equity shares of face value ₹2 each, aggregating up to ₹150 crore offered by the promoter selling shareholder.
Nuvama Wealth Management Limited, CLSA India Private Limited, DAM Capital Advisors Limited, and Intensive Fiscal Services Private Limited are serving as the Book Running Lead Managers (BRLMs) to the offer.
The equity shares are being offered through the Company’s Red Herring Prospectus (RHP) dated December 4, 2025, filed with the Registrar of Companies, Delhi and Haryana, and are proposed to be listed on both BSE and NSE.
