Park Medi’s Rs920 Cr IPO Opens On Dec 10

Price Band fixed at Rs154 to Rs162 per equity share of face value of Rs2 each

(Lto R) Rohan Sawant, ClSA India; D.K. Surana, Intensive Fiscal Services, Rajesh Sharma, CFO, Park Medi World, Dr. Ankit Gupta, Managing Director, Park Medi World, Dr. Sanjay Sharma, Whole Time Director And CEO, Park Medi World, Mr. Sudesh Sharma, Group Officer On Special Duty- Finance, Park Medi World, Siddharth Shah, Nuvama Wealth Management, Ms. Mrinali Doshi, Dam Capital Advisors

FinTech BizNews Service

Mumbai, 5 December 2025: Park Medi World Limited (the “Company”) shall open its Bid / Offer in relation to its initial public offer of Equity Shares on Wednesday, December 10, 2025.

The total offer size of Equity Shares aggregating up to Rs 9,200 million (Rs 920 crore) comprises of fresh issue aggregating up to Rs 7,700 million (Rs 770 crore) and Offer for Sale aggregating up to Rs1,500 million (Rs 150 crore) by Dr. Ajit Gupta (the “Promoter Selling Shareholder”). (“The Total Offer Size”).

The Anchor Investor Bidding Date shall be Tuesday, December 9, 2025.  The Bid/Offer will open on Wednesday, December 10, 2025, for subscription and will close on Friday, December 12, 2025.

The Price Band of the Offer has been fixed atRs 154 to Rs 162 per Equity Share. Bids can be made for a minimum of 92 Equity Shares and in multiples of 92 Equity Shares thereafter.

The Company proposes to utilise net proceeds from fresh issue of Equity Shares towards (i)repayment/ prepayment, in full or in part, of outstanding borrowings availed by  Company and its Subsidiaries; (ii) Funding capital expenditure for development of new hospital by  Subsidiary, Park Medicity (NCR); (iii) Funding capital expenditure for purchase of medical equipment by our Company and our Subsidiaries, Blue Heavens and Ratangiri; and (iv) balance amount towards Unidentified inorganic acquisitions and general corporate purposes (“Object of Issue”).

The offer for sale comprises of such number of Equity Shares of face value of Rs2 each aggregating up to Rs 1500.00 million (Rs 150 crore) by the Promoter Selling Shareholder.

Nuvama Wealth Management Limited, CLSA India Private Limited, DAM Capital Advisors Limited and Intensive Fiscal Services Private Limited are the Book Running Lead Managers or BRLMs to the Offer.

The Equity Shares are being offered through the red herring prospectus of the Company dated December 4, 2025 (the “RHP”) filed with Registrar of Companies, Delhi and Haryana at New Delhi (the “RoC”) and are proposed to be listed on the BSE Limited (“BSE”) and the National Stock Exchange of India Limited (“NSE”).