Park Medi is the second largest private hospital chain in North India with an aggregate capacity of 3,000 beds, and the largest in Haryana with 1,600 beds as of September 30, 2024. It operates 13 NABH-accredited multi-super specialty hospitals under the ‘Park’ brand. The company has expanded its capacity from 2,250 beds as of March 31, 2022 to 3,000 beds as of September 30, 2024, reflecting strong growth momentum. It also has a robust expansion pipeline with upcoming hospitals in Ambala, Panchkula, Rohtak, New Delhi and Gorakhpur, further strengthening its regional healthcare presence.
Price Band₹ |
Dates- |
GMP₹0 (-) |
Subscriptions- |
Issue Size₹1,260.00 Crs |
Park Medi IPO Objects
- Repayment/ prepayment of certain outstanding borrowings availed by the Company & certain of the Subsidiaries
- Funding Capex for development of new hospital & expansion of existing hospital
- Funding Capex for purchase of medical equipment
- Unidentified inorganic acquisitions and General corporate purposes
Park Medi IPO Details
Price Band₹ |
Listing AtNSE & BSE |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹960.00 Cr (0.00 Shares) |
Offer For Sale₹300.00 Cr (0.00 Shares) |
Total Issue₹1,260.00 Cr (0.00 Shares) |
Face Value₹2 per equity share |
Park Medi IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
0
0
0
Maximum
-
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-
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| Small HNI |
Minimum
-
-
-
Maximum
-
-
-
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| Big HNI |
Minimum
-
-
-
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Park Medi IPO GMP
The estimated Grey Market Premium of Park Medi IPO is ₹0 per share (-)
Category Allocation
| Particulars | Allocation |
|---|---|
| QIBs | Not more than 50% of Net Offer |
| Big HNIs (NII) | Not less than 10% of Net Offer |
| Small HNIs (NII) | Not less than 5% of Net Offer |
| Retail | Not less than 35% of Net Offer |
Park Medi IPO Financials
| Particulars | Sep-24 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| Revenue from Operations | 691.51 | 1,231.07 | 1,254.60 | 1,084.38 |
| Profit after Tax | 112.70 | 153.17 | 228.61 | 199.50 |
| Net Worth | 1,048.21 | 935.51 | 729.97 | 543.99 |
| Total Borrowing | 648.96 | 686.71 | 575.68 | 517.42 |
| Total Assets | 2,018.74 | 1,912.10 | 1,592.83 | 1,293.23 |
| NAV per share (in ₹) | 24.02 | 21.23 | 17.37 | 11.39 |
| EPS - Basic (in ₹) | 2.94 | 3.95 | 5.94 | 5.19 |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | Values |
|---|---|
| EBITDA | 25.21% |
| PAT | 12.35% |
| ROE | 18.25% |
| ROCE | 16.07% |
| Debt to Equity | 0.73 |
All the data pertains to FY 2023-24. PE, PB, and market capitalization are calculated based on the Upper Price Band.
Park Medi IPO Peer Comparision
Park Medi IPO Peer Comparision
Promoter Details
| Name | Shareholding |
|---|---|
| Ajit Gupta | 89.83% |
| Ankit Gupta | 9.33% |
| Total | 99.16% |
Management Details
| Name | Designation |
|---|---|
| Ajit Gupta | Chairman |
| Ankit Gupta | MD |
| Sanjay Sharma | CEO |
| Rajesh Sharma | CFO |
Company Details
Name: Park Medi World Limited
Address: 12, Meera Enclave Near Keshopur, Bus Depot, Outer Ring Road, New Delhi 110 018, Delhi
Number: + 91 124 696 0000
Email: company.secretary@parkhospital.in
Website: www.parkhospital.in
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Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Park Medi IPO is a Mainboard IPO having an issue size of Rs. ₹1,260.00 Crs. Park Medi IPO is priced at ₹ - ₹ per share. The issue opens on 05 Dec 25 and closes on 05 Dec 25.
Park Medi IPO opens on 05 Dec 25 and closes on 05 Dec 25.
The estimated Grey Market Premium of Park Medi IPO is ₹0 per share (-).
The minimum lot size of Park Medi IPO is 0 shares & the minimum application amount is Rs. 0.
The allotment date of Park Medi IPO is 05 Dec 25.
The listing date of Park Medi IPO is 05 Dec 25.
Park Medi IPO is subscribed -.
Park Medi IPO is priced at ₹ - ₹ per share.
Click the allotment link on Park Medi IPO page of IPO360.
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- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date
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