Park Medi World Share Price Live

Park Medi World Limited was incorporated in New Delhi as Park Medi World Private Limited' as a private limited company pursuant to a certificate of incorporation dated January 20, 2011, issued by the Registrar of Companies, Delhi and Haryana at New Delhi . Subsequently, Company was converted to a public limited company and the name of the Company has been changed to Park Medi World Limited', dated December 20, 2024 through a fresh Certificate of Incorporation issued by the Registrar of Companies, Central Processing Centre. The Company is the second largest private hospital chain in North India with an aggregate bed capacity of 3,000 beds, and the largest private hospital chain in terms of bed capacity in Haryana with 1,600 beds located in the state as of September 30, 2024. It operate a network of 13 NABH accredited multi-super specialty hospitals under the Park' brand. It offer over 30 super specialty and specialty services, including internal medicine, neurology, urology, gastroentereology, general surgery, orthopedics and oncology. The founder, Dr. Ajit Gupta started his professional journey in 1981 and established a clinic in South Delhi, India in June 2000. In January 2005, Dr. Ajit Gupta established the Park Hospital in New Delhi, which was subsequently transferred to the Company in 2011. Thereafter, they set up a hospital in Sector 47, Gurugram, Haryana in 2012 and established hospitals in Panipat and Sector 37D, Gurugram in 2016 and 2019, respectively, increasing the footprint in Haryana. Over the years, Company has undertaken a series of acquisitions acquiring seven hospitals across North India, including in Faridabad, Karnal, Ambala, Behror, Palam Vihar, Sonipat and Mohali. The Company acquired Blue Heavens Health Care Private Limited in 2020 and further acquired Umkal Health Care Private Limited in 2021. The Company has increased the bed capacity from 2,250 beds as of March 31, 2022 to 3,000 beds as of September 30, 2024 and currently has a pipeline of hospital expansion in Ambala, Panchkula, Rohtak, New Delhi and Gorakhpur. Company is planning to make an Initial Public Offering by raising funds aggregating to Rs 1260 Cr equity shares of face value of Rs 2/- each, comprising a fresh issue of Rs 960 Cr equity shares and Rs 300 Cr equity shares through offer for sale.