Park Medi World IPO

If you’ve been tracking the Indian healthcare sector, you know it’s having a bit of a moment. Between rising demand for quality care and a post-pandemic push for better infrastructure, hospital chains are hot property.

Enter Park Medi World Limited. You might know them better as Park Hospitals—the folks running a massive network of multi-super speciality hospitals across North India. They are hitting the D-Street with their IPO this December, and if you are wondering whether to park your money here (pun intended), you’ve come to the right place.

Let’s cut through the noise and look at the raw numbers, the business model, and the "why" behind this offer.

The Quick Snapshot 📸

Before we dive deep, here are the dates and digits you need to circle on your calendar.

Category	Details
IPO Dates	Dec 10, 2025 – Dec 12, 2025
Price Band	₹154 – ₹162 per share
Lot Size	92 Shares
Min. Investment	₹14,168 (for Retail)
Total Issue Size	₹920 Cr
Listing Date	Tentatively Dec 17, 2025

What Does the Company Actually Do?

Founded back in 2011, Park Medi World isn't a new kid on the block. They are currently the second-largest private hospital chain in North India in terms of bed capacity.

We are talking about a network that spans roughly 3,000 beds across key hubs like Delhi, Gurugram, Ambala, and Jaipur. They specialize in the heavy stuff—cardiology, oncology, neurology, and surgery. Essentially, they are a one-stop shop for tertiary care in the region.

What makes them interesting is their grip on the Tier-2 and Tier-3 markets in Haryana and Punjab. While big giants fight over metro cities, Park has quietly built a fortress in these high-growth pockets.

The Financial Health Check

Park Medi World Ltd.'s revenue increased by 13% and profit after tax (PAT) rose by 40% between the financial year ending with March 31, 2025 and March 31, 2024.

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
Amount in ₹ Crore

IPO Lot Size :-

Investors can bid for a minimum of 92 shares and in multiples thereof.  The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.

IPO Reservation :-

Investor Category	Shares Offered
QIB Shares Offered	Not more than 50% of the Offer
Retail Shares Offered	Not less than 35% of the Offer
NII Shares Offered	Not less than 15% of the Offer

 

Objective of the IPO ?

The breakdown is actually quite healthy. They aren't just cashing out; they are cleaning up the books and building more assets.

• ₹380 Crore: Going straight to repaying debt. This is great news for investors because less interest to pay means better profit margins in the future.
• ₹60+ Crore: Dedicated to building a new hospital in the NCR region and expanding existing ones.
• ₹27 Crore: Buying shiny new medical equipment.
• The Rest: General corporate purposes and acquisitions.

Should You Be Interested?

Here is the bull and bear case to help you decide.

✅️ The Green Flags:

• Regional Dominance: They are the kings of Haryana's private healthcare. Hard for new players to dislodge them.
• Debt Reduction: Using IPO funds to slash debt is a classic move that usually boosts stock price post-listing.
• Affordable Care Model: They sit in the "sweet spot" of pricing—premium enough for quality, but accessible enough for the massive middle class in North India.

🔴 The Red Flags:

• Geography Risk: They are heavily dependent on North India. Any regulatory changes or issues in this specific region hit them harder than a pan-India player.
• Competition: They are up against giants like Medanta and Fortis, who also have a strong footing in the NCR region.

How To Apply for the IPO?

• Login or Open demat account with JM Financial Services / JM PRO app: Open the JM PRO app or JM Financial Services website and log in with your credentials. 
• Locate the IPO Section: Navigate to the 'IPO' section on the platform. 
• Select IPO: Find and select the IPO from the list of open IPOs. 
• Enter the Lot Size: Specify the number of lots you want to bid for. 
• Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application. 
• Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN. 

How To Check the Allotment Status of IPO?

Steps to check IPO allotment status on JM Pro app: 

• Log in to the JM Pro app. 
• Go to the IPO Section and then to IPO Orders. 
• Select the individual IPO that you had applied for and check the allotment status. 

JM Financial Services will notify you of your IPO allotment status via push notification and email

The Verdict :-

Park Medi World looks like a solid, long-term infrastructure play. It’s not necessarily a "tech stock" that will double in a day, but it’s a brick-and-mortar business with real assets and a growing patient base. If you believe in the India healthcare consumption story, this is definitely one to watch.

Frequently Asked Questions (FAQs)

Q1: When is the Park Hospital IPO opening?

The IPO opens for subscription on Wednesday, December 10, 2025, and closes on Friday, December 12, 2025.

Q2: What is the minimum amount I need to invest?

Retail investors need to buy a minimum of one lot (92 shares). At the upper price band of ₹162, this works out to ₹14,904.

Q3: Is Park Medi World profitable?

Yes, the company is profitable. They reported a Profit After Tax (PAT) of approximately ₹152 Crore in FY24.

Q4: Which exchanges will the stock list on?

The shares will list on both BSE (Bombay Stock Exchange) and NSE (National Stock Exchange).

Q5: Who is the registrar for this IPO?

The registrar managing the allotment process is Kfin Technologies Ltd.