Park Medi World IPO
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Park Medi World IPO details
Schedule of Park Medi World
| Issue open date | 10 Dec 2025 |
| Issue close date | 12 Dec 2025 |
| UPI mandate deadline | 12 Dec 2025 (5 PM) |
| Allotment finalization | 15 Dec 2025 |
| Refund initiation | 16 Dec 2025 |
| Share credit | 16 Dec 2025 |
| Listing date | 17 Dec 2025 |
| Mandate end date | 27 Dec 2025 |
| Lock-in end date for anchor investors (50%) | 14 Jan 2026 |
| Lock-in end date for anchor investors (remaining) | 15 Mar 2026 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About Park Medi World
Park Medi World is the second largest private hospital chain in North India with a capacity of 3,000 beds and the largest in Haryana with 1,600 beds as of March 31, 2025. The company operates 14 NABH-accredited multi-super speciality hospitals under the Park brand, with eight also NABL-accredited. Its hospitals across Haryana, Delhi, Punjab and Rajasthan offer 30+ specialties such as neurology, gastroenterology, orthopedics, oncology and critical care, supported by a team of 1,014 doctors and 2,142 nurses. Park Medi World follows a cluster-based growth model that drives operational efficiency, strong patient delivery, and economies of scale.
Founded and led by Dr. Ajit Gupta, the chain has grown from a single Delhi clinic in 2000 to a major regional healthcare network through strategic expansions and acquisitions. Bed capacity has increased from 2,550 in FY23 to 3,250 in FY25, with projects under development in Ambala, Panchkula, Rohtak, Gorakhpur and Kanpur, targeting 4,900 beds by March 2028. With advanced ICUs, operating theatres, robotic surgery programs (iMARS), trauma and cancer care facilities, the company is positioned to provide high-quality and affordable healthcare while executing its next phase of growth across North India.
Financials of Park Medi World
Issue size
| Funds Raised in the IPO | Amount |
| Total issue size | 920 |
| Fresh Issue – Proceeds go to the company | 770 |
| Offer for sale – Proceeds go to the existing investors | 150 |
Utilisation of proceeds
| Purpose | INR crores (%) |
| Repayment/prepayment of outstanding borrowings | 380 (49.35%) |
| Capital expenditure for development of new hospital & expansion of existing hospitals (Park Medicity & Blue Heavens) | 60.50 (7.86%) |
| Capital expenditure for purchase of medical equipment (Company, Blue Heavens & Ratangiri) | 27.46 (3.57%) |
| General corporate purposes | 302.04 (39.22%) |
Strengths
- Multi-specialty hospital network with strong presence in the NCR region.
- Experienced medical professionals and seasoned promoter team.
- High-end medical infrastructure with advanced diagnostic and treatment facilities.
- Strong focus on affordable care driving high patient footfall across departments.
- Expansion underway with capacity enhancement at key hospitals to support future growth.
Risks
- High dependence on key doctors and specialists for patient inflow and revenue.
- Regulatory risks due to strict compliance requirements in the healthcare sector.
- Significant working capital and capex needs may strain cash flows over time.
- Strong competition from established hospital chains and local players in operating regions.
- Any clinical negligence or service-quality issues could severely damage reputation and revenue.
Allotment Status for Park Medi World
To check your IPO allotment status:
- Visit the Kfin Technologies IPO Application Status page.
- Select the company name from the dropdown menu.
- Select and enter one of the following: PAN, Application Number, DP/Client ID, or Account Number/IFSC.
- Click Submit to view your allotment status.