Park Medi World IPO Day 3: Check Latest GMP, Subscription Status & Key Highlights
The bidding window for Park Medi World IPO is closing today on December 12, 2025. The allotment process is expected to be finalised on December 15, 2025 and the shares will be listed on both NSE and BSE. The tentative listing date is fixed as December 17, 2025.
Park Medi World Ltd is the second-largest private hospital chain in North India, operating a network of hospitals with a total capacity of 3,000 beds as of September 30, 2024. The company is also reported to be the largest private hospital chain in Haryana by bed capacity, with 1,600 beds spread across the state.
Park Medi World IPO Details
Park Medi World IPO is a book-building issue of ₹920 crore, consisting of a fresh issue of ₹770 crore and an offer for sale (OFS) of ₹150 crore. The price band has been set between ₹154 - ₹162 per share, with a lot size of 92 shares, requiring a minimum investment of ₹14,168 for retail investors.
Nuvama Wealth Management Ltd., CLSA India Pvt. Ltd., DAM Capital Advisors Ltd., and Intensive Fiscal Services Pvt. Ltd. are the book-running lead managers, and Kfin Technologies Ltd. is the registrar for the issue.
Park Medi World IPO Day 3 Subscription Status
[December 12, 2025, 11:09 AM]
On Day 3, Park Medi World IPO was subscribed 1.51 times as per the NSE data on December 12, 2025, 11:09 AM. The public issue was subscribed 1.62 times by the Retail Individual Investors (RIIs), 2.80 times by the Non Institutional Investors (NIIs) and 0.33 times by the Qualified Institutional Buyers (QIBs).
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Utilisation of Proceeds
The Company proposes to utilize the Net Proceeds, towards funding the following objects:
- Fund capital expenditure for development of a new hospital by the subsidiary, Park Medicity (NCR) and purchase of medical equipment by the company and subsidiaries, Blue Heavens and Ratangiri.
- Repay/prepay outstanding borrowings availed by the company and its subsidiaries.
- Unidentified inorganic acquisition.
- General corporate purposes.
Park Medi World IPO GMP
As per media reports, the Grey Market Premium (GMP) of Park Medi World is reported at ₹8.5 over the IPO price.
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Park Medi World Ltd. Business Overview
Park Medi World Ltd is a multi-speciality hospital group incorporated in January 2011, operating a network of NABH-accredited private hospitals primarily across North India. It is the second-largest private hospital chain in North India and the largest in the state of Haryana by bed capacity, with hospitals in Haryana, Delhi, Punjab and Rajasthan. The group offers comprehensive healthcare services across 30+ specialties such as cardiology, neurology, orthopaedics, gastroenterology, urology, oncology, internal medicine, general surgery and critical care. Its network emphasises accessible, quality medical care with advanced infrastructure including ICUs, operating theatres and diagnostic services.
Financially, the company reported revenue of approximately ₹1,425.97 crore in FY25, up from ₹1,263.08 crore in FY24. Its profit after tax (PAT) in FY25 was about ₹213.22 crore, compared to ₹152.01 crore in the previous year, showing improvement in profitability and margins.
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