Overview
- The Rs 920 crore book-built offer is priced at Rs 154–162 per share, comprising a Rs 770 crore fresh issue and a Rs 150 crore offer-for-sale.
- By the close of Day 1, bids covered 52% of shares on offer, with non-institutional investors at 66%, retail at 61% and qualified institutional buyers at 27%, according to NSE data.
- Grey market quotes hovered around Rs 20–25 per share on Wednesday, implying a possible 12–15% listing premium, though such indications are unofficial and speculative.
- Proceeds are earmarked for Rs 380 crore of debt repayment, Rs 60.5 crore for hospital development, Rs 27.45 crore for medical equipment, with the balance for acquisitions and general corporate purposes.
- Park Medi World operates 13 multi‑super speciality hospitals with about 3,250 beds across Haryana, Delhi, Punjab and Rajasthan, positioning it among North India’s largest private chains.