365Telugu.com online news, April 2,2025: Park Medi World Limited, a leading healthcare provider operating 13 NABH-accredited multi-super specialty hospitals under the ‘Park’ brand, has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an Initial Public Offering (IPO).
The proposed IPO aims to raise up to ₹1,260 crore, comprising a fresh issue of equity shares worth ₹960 crore and an offer for sale by existing shareholders amounting to ₹300 crore.
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Park Medi World is the second-largest private hospital chain in North India, with a total bed capacity of 3,000. It also holds the distinction of being the largest private hospital network in Haryana, with 1,600 beds as of September 30, 2024 (Source: CRISIL Report).
The company’s equity shares are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE).
ఇది కూడా చదవండి..తెలంగాణ, ఏపీ రాష్ట్రాల్లో కేర్ హాస్పిటల్స్ ఏఐ ఆధారిత నాన్-ఇన్వేసివ్ చికిత్స ప్రారంభం
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The issue is being managed by Nuvama Wealth Management Limited, CLSA India Private Limited, DAM Capital Advisors Limited, and Intensive Fiscal Services Private Limited, who are acting as the Book Running Lead Managers (BRLMs).