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Park Medi World IPO
Price Band
₹154.0–162.0
Issue Size
₹920.0 Cr
Lot Size
92 shares
Min Investment
₹14,904
GMP
—
Issue Price
₹162.0
Park Medi World IPO AI Summary
- Park Medi World IPO is listed on BSE, NSE in the Hospital sector.
- Price band: ₹154.0–₹162.0 per share, lot size 92 shares (min. investment ₹14,904).
- Subscription window: 10 Dec–12 Dec 2025, listing on 17 Dec 2025.
Park Medi World Limited, a prominent private hospital chain in North India, is set to launch its IPO with an issue price of ₹162. The company aims to utilize the funds for debt repayment, capital expenditures, and acquisitions. Investors should consider the potential for both gains and risks associated with IPO investments.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Park Medi World IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 12 Dec 2025 — not a current signal.
2 of 2 reviewers say Neutral
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
Subscription data unavailable
Park Medi World IPO Grey Market Premium (GMP) Today
GMP not available yet
Grey Market Premium is updated daily. Check back closer to the listing date.
About the Company
Incorporated in 2011, Park Medi World Limited is a private hospital chain operating primarily in North India, with a total bed capacity of 3,000 beds as of March 31, 2025. The company operates 14 multi-super speciality hospitals under the ‘Park’ brand. All hospitals are accredited by the National Accreditation Board for Hospitals & Healthcare Providers (NABH), and eight are also accredited by the National Accreditation Board for Testing and Calibration Laboratories (NABL). The network includes facilities in Haryana, Delhi, Punjab, and Rajasthan. Park Hospital offers more than 30 super speciality and speciality services, such as internal medicine, neurology, urology, gastroenterology, general surgery, orthopaedics, and oncology. As of Sep 30, 2025, the hospitals are equipped with 870 bedded intensive care unit (ICU) beds, 67 operating theatres (OTs), and an oxygen generation plant at each location to support critical care. It has hospitals across several states including Haryana (Ambala, Gurugram, Karnal, Panipat, Palam Vihar, Sonipat, Faridabad), Delhi, Punjab (Patiala, Mohali), and Rajasthan (Jaipur, Behror). As of September 30, 2025, Park Medi World Limited had a workforce of 1,014 doctorsa and 2,142 nurses . Competitive strengths: Second largest chain of private hospitals in North India and largest private hospital chain in Haryana Delivering high-quality and affordable healthcare with a diverse specialty mix Track record of successfully acquiring and integrating hospitals Strong operational and financial performance with diversified payor mix Doctor led professional management team with industry experience
Company Financials (₹ Cr)
As of 2025-09-30
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 2,320.93 | 2,133.70 | 1,912.10 | 1,592.82 |
| Total Income | 823.39 | 1,425.97 | 1,263.08 | 1,272.18 |
| Profit After Tax | 139.14 | 213.22 | 152.01 | 228.19 |
| EBITDA | 217.14 | 372.17 | 310.30 | 390.34 |
| NET Worth | 1,153.05 | 1,021.86 | 815.98 | 667.55 |
| Reserves and Surplus | 1,187.77 | 1,049.40 | 858.63 | 653.09 |
| Total Borrowing | 733.91 | 682.07 | 686.71 | 575.68 |
Key Ratios
EPS
₹5.55
NAV
₹26.58
ROE
20.68%
ROCE
17.47%
RoNW
20.08%
P/B Value
6.09
P/E Ratio
29.21
Market Cap
₹6997.28 Cr
PAT Margin
15.30%
Debt/Equity
0.61
Peer Comparison
| Company | NAV | RoNW | P/E (x) | EPS Basic | EPS Diluted |
|---|---|---|---|---|---|
| Yatharth Hospital & Trauma Care Services Ltd. | 166.62 | 8.15% | 52.85 | 14.72 | 14.72 |
| Jupiter Lifeline Hospitals Ltd | 206.85 | 14.27% | 48.59 | 29.47 | 29.47 |
| Global Health Ltd. | 125.64 | 14.27% | 66.41 | 17.92 | 17.92 |
| Krishna Institute of Medical Sciences Ltd. | 53.43 | 17.89% | 69.53 | 9.61 | 9.61 |
| Max Healthcare Institute Ltd. | 96.5 | 11.47% | 101.54 | 11.07 | 11.07 |
| Narayana Hrudalaya Ltd. | 177.37 | 21.8% | 50.1 | 38.9 | 38.9 |
| Fortis Healthcare Ltd. | 118.06 | 8.69% | 90.42 | 10.26 | 10.26 |
| Apollo Hospitals Enterprise Ltd. | 570.37 | 17.63% | 73.43 | 100.56 | 100.56 |
| Park Medi World Ltd. This IPO | 26.58 | 20.08% | — | 5.55 | 5.55 |
Promoters
Ajit Gupta and Ankit Gupta
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by the Company and certain of the Subsidiaries. 380.00 2 Funding capital expenditure for development of new hospital and expansion of existing hospital by certain Subsidiaries Park Medicity (NCR) and Blue Heavens, respectively. 60.50 3 Funding capital expenditure for purchase of medical equipment by the Company and certain Subsidiaries, Blue Heavens and Ratangiri. 27.46 4 Unidentified inorganic acquisitions and general corporate purposes. 245.32 5 Issue Expenses 67.77 Total 781.05
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total income was ₹1,272.18 Cr in the year ending March 31, 2023, rising to ₹1,263.08 Cr by March 31, 2024. This increased further to ₹1,425.97 Cr in the year ending March 31, 2025, but fell to ₹823.39 Cr by September 30, 2025, though this is a 9-month figure, not a full year, so isn't directly comparable.
Profit Trend
Profit after tax was ₹228.19 Cr in the year ending March 31, 2023, decreasing to ₹152.01 Cr by March 31, 2024. This rose to ₹213.22 Cr in the year ending March 31, 2025, but fell to ₹139.14 Cr by September 30, 2025, though this is a 9-month figure, not a full year, so isn't directly comparable.
Valuation
Park Medi World Limited has an implied P/E ratio of 29.21 at the issue price, compared to peers trading at a P/E range of 48.59 to 101.54.
Grey Market Premium, Explained
The grey market refers to the unofficial market where shares of an IPO are traded before they are listed on the stock exchange. The Grey Market Premium (GMP) indicates the expected listing price of the IPO based on current trading in the grey market. A higher GMP suggests positive sentiment among investors regarding the IPO's performance upon listing.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their overall investment strategy and risk appetite. Consideration of the company's fundamentals and market position is also important.
Who May Want to Wait
Investors who prefer stable, established companies may want to avoid IPOs like this, which can be subject to market fluctuations and uncertainties inherent in the healthcare sector.
IPO Timeline, Explained
The IPO opens for subscription on December 10, 2025, and closes on December 12, 2025. Allotment of shares will be done by December 15, 2025, with shares expected to list on the stock exchange on December 17, 2025.
Listing Gains — The Risk
Listing gains refer to the profit made when shares are sold on the listing day at a price higher than the issue price. However, there is no guarantee of listing gains, as market conditions can fluctuate significantly. Investors should be prepared for the possibility of losses as well.
This evaluation is generated from Park Medi World's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is the price band of Park Medi World IPO?
The price band of Park Medi World IPO is ₹154.0–₹162.0 per share.
When does Park Medi World IPO open and close?
Park Medi World IPO opens on 10 December 2025 and closes on 12 December 2025.
When does Park Medi World IPO list on the stock exchange?
Park Medi World IPO listed on 17 December 2025 at ₹162.0.
What is the lot size for Park Medi World IPO?
The lot size for Park Medi World IPO is 92 shares, requiring a minimum investment of ₹14,904.
What is the lot size for the Park Medi World IPO?
The lot size for the Park Medi World IPO is 92 shares.
What is the minimum investment required?
The minimum investment required is ₹14,904.
What is the price band for the IPO?
The price band for the IPO is between ₹154.0 and ₹162.0.
When does the IPO open and close?
The IPO opens on December 10, 2025, and closes on December 12, 2025.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected listing price of the IPO based on unofficial trading.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
10 Dec 2025
Close
12 Dec 2025
Allotment
15 Dec 2025
Listing
17 Dec 2025
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