Park Medi World Shares Reach Record High Following Expansion Plans

Park Medi World Shares Reach New High

Key Highlights:

• Park Medi World shares reached a 52-week high of Rs 208.72 per share on the National Stock Exchange (NSE), up 3.46%.
• The gains follow the company's announcement to launch a new multi-speciality hospital at Panchkula and expand capacity at its Mohali facility.

Business Updates:

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• The Park Medi World board of directors approved the launch of a multi-speciality hospital at Panchkula on March 29, 2026.
• The board also approved the addition of 150 beds at Grecian Super Speciality Hospital in Mohali, increasing total bed capacity to 500 from 350.
• The Mohali hospital is operated by RGS Healthcare, a subsidiary of Park Medi World.

Company History:

• Park Medi World made its market debut in December 2025, listing at Rs 155.60 per share on the Bombay Stock Exchange (BSE).
• The company launched its initial public offering (IPO) to raise Rs 920 crore through a fresh issue of 4.75 crore shares worth Rs 770 crore and an offer for sale (OFS) of shares worth Rs 150 crore by promoter Ajit Gupta. The IPO price band was Rs 154-162 per share.