Park Medi World Limited

About the company

Park Medi World Limited 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 March 31, 2025. The company operates 14 NABH-accredited multi-super speciality hospitals, including 8 that are also NABL-accredited, spread across Haryana, New Delhi, Punjab and Rajasthan. The company offers over 30 super speciality and speciality services, including internal medicine, neurology, urology, general surgery, gastroenterology, orthopaedics and oncology. Established initially through a clinic in 2000, the Park Hospital brand expanded steadily with both organic additions and acquisitions. The company follows a cluster-based expansion model, leveraging proximity to improve resource sharing and operational efficiency. Acquired hospitals contributed 55.12% of revenue from operations in H1FY26, demonstrating strong integration capabilities. It has also developed a strong clinical ecosystem comprising 1,014 doctors, 2,142 nurses, 870 ICU beds, and 67 operating theatres as of September 30, 2025. This network comprises two dedicated cancer units, linear accelerators, and iMARS robotic-assisted surgery systems installed across three hospitals, thereby facilitating advanced minimally invasive care. Five Hospitals are also approved for kidney transplants, strengthening the capability in high-acuity services. The company offers care across both in-patient and out-patient formats, with 46,551 in-patients and 392,049 out-patients served as of H1FY26. Clinical efficiency improvements have supported a 6.35-day average length of stay, contributing to better bed utilisation and throughput. The hospital chain benefits from a diversified speciality revenue mix, mitigating concentration risk. In H1FY26, internal medicine contributed 29.65%, Neurology 14.98%, Urology 10.85%, Cardiology 10.25% and Gastroenterology 8.63% of revenue from operations, while Oncology and Orthopaedics together contributed 11.64%. It has demonstrated strong network scaling, increasing its bed capacity from 2,550 beds as of March 31, 2023 to 3,250 beds as of September 30, 2025, a 27.45% expansion within two years. North India’s healthcare market is forecast to grow at 12% to 14% CAGR to ₹33,00,000 crore-₹34,00,000 crore by FY29, contributing around 1/3rd of India’s healthcare delivery sector. However, with a population of 42.9 crore supported by only 620,000–630,000 beds, the region faces a structural shortfall of over 227,536 beds versus the National Health Policy norm of 20 beds per 10,000 population. Park Medi World, already the largest hospital chain in Haryana and a leading player in North India, is well-positioned to benefit from this gap with 1,650 beds added through eight acquisitions and a strong, under-execution pipeline across Ambala, Panchkula, Rohtak, New Delhi, Gorakhpur and Kanpur, enabling disciplined scale-up in high-demand clusters. The company’s focus remains on expanding its hospital network, scaling its operations and improving operational efficiencies and retaining and attracting skilled and experienced doctors and clinicians. Now, Park Medi World Innovations Ltd is launching its initial public offering (IPO), which consists of a fresh issue of ₹770 crore and an offer for sale of ₹150 crore. The total issue size of the IPO is ₹920 crore. Its shares will be listed on the NSE and BSE. ### **How to pre-apply for the Park Medi World Limited IPO?** You can pre-apply for the Park Medi World Limited IPO on Upstox. The pre-application for this IPO, which means pre-apply open date, usually begins a day before the IPO opens for subscription. Follow these steps to pre-apply for the IPO: - Login to your Upstox account, using your six-digit PIN - After successfully logging in, click on ‘Discover’ - On the Discover tab, you will find the ‘Invest in IPO’ section - Under the Invest in IPO section, look for the ‘Park Medi World Limited IPO’ tab and click on it - Now fill in all the required information, like ‘bid price’ and ‘lot size’ - Confirm and click on ‘Pre-Apply’ - Accept the mandate on your UPI app ### **How to apply for the Park Medi World Limited IPO?** If you are interested in this investment opportunity but unsure how to apply for the Park Medi World Limited IPO, here we are listing out the steps for you. Here’s a step-by-step guide on how to apply for the Park Medi World Limited IPO on Upstox: - Login to your Upstox account, using your six-digit PIN - After successfully logging in, click on ‘Discover’ - On the Discover tab, you will find the ‘Invest in IPO’ section - Under the Invest in IPO section, look for the Park Medi World Limited IPO’ tab and click on it - Now fill in all the required information, like ‘bid price’ and ‘lot size’ - Confirm and click on ‘Apply’ - Accept the mandate on your UPI app ### **How to check the Park Medi World Limited IPO allotment status?** When the allotment process is completed, you can check the status of your application on the Upstox app. Share allotment is generally done around five to seven days after an IPO closes. This is also true in the case of the Park Medi World Limited IPO. The Park Medi World Limited IPO’s closing date is 31 October 2022. The Park Medi World Limited IPO’s allotment date has been set seven days later, on 7 November 2022. Here’s a step-by-step guide on how to check the Park Medi World Limited IPO allotment status: - Login to your Upstox account, using your six-digit PIN - After successfully logging in, click on ‘Discover’ - On the Discover page, you will find the ‘Invest in IPO’ section - Under the Invest in IPO section, you will find the ‘View all’ option - Once you click on ‘View all’, you will be directed to the ‘IPO’ tab - In the ‘IPO’ tab, click on ‘My applications’ - In ‘My applications’, under the History section, your allotment status will be mentioned.

Financial performance (₹ Cr)

Subscription breakup (final, times)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   10 Dec 2025

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   12 Dec 2025

   Last day to place your bid

3. Basis of Allotment

   Completed
   15 Dec 2025

   Share allotment finalised

4. Refund Initiation

   Completed
   16 Dec 2025

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   16 Dec 2025

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   17 Dec 2025

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.