Park Medi Shares Soar 8% to Reach New All-Time High Following Acquisition of VS Healthcare for Rs 177 Crore

Park Medi Shares Surge 8% on Acquisition of V3 Healthcare

Park Medi shares rose more than 8 percent on Monday after the company announced the acquisition of V3 Healthcare Private Limited, which operates The Medicity Hospital in Rudrapur, Uttarakhand, in a deal valued at about Rs 177 crore. The stock touched a fresh record high of Rs 281 per share on the NSE, up 8.41 percent from the previous close.

The shares had opened with a gain of 2.05 percent and have risen around 9 percent over the last two trading sessions. In an exchange filing, the company said its board of directors, at a meeting held on May 25, approved the acquisition of V3 Healthcare Private Limited through an all-cash transaction.

V3 Healthcare was incorporated on July 15, 2014, and operates The Medicity Hospital at Teen Pani, Udham Singh Nagar, Kichha Road, Rudrapur, Uttarakhand. The hospital is a multi-super speciality healthcare institution with a capacity of 330 beds and is among the NABH-accredited hospitals in the Kumaon region.

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According to the company, V3 Healthcare reported an unaudited turnover of Rs 55.74 crore for the financial year 2025-26. Park Medi said the proposed acquisition is aligned with its growth strategy and is aimed at achieving operational synergies and economies of scale through expansion in underserved markets.

The company said 80 percent of the shareholding will be acquired on or before August 31, 2026, upon signing of the share purchase agreement, while the remaining 20 percent will be acquired after March 31, 2030. The company's management has set ambitious targets for revenue and profitability from the acquisition.

The management expects the contribution from the super speciality segment to rise to 70-75 percent from the current 65 percent. The company plans to add 1,500 beds, including 500 beds in Delhi and Kanpur, with another 1,000 beds planned in FY28. It has set a revenue target of Rs 2,080 crore for FY27 and Rs 2,550 crore for FY28, and said most of the planned bed additions will be funded through internal accruals, while debt may be raised if required for expansion.

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