Park Medi World's Rs 920-cr IPO 52% subscribed on Day 1

• Park Medi World's IPO was subscribed 52% on its first day of share sale.
• The Rs 920-crore IPO received bids for 2.19 crore shares against 4.18 crore shares on offer.
• Retail investors subscribed 61%, non-institutional investors 66%, and qualified institutional buyers 27%.
• The IPO, valued at Rs 7,000 crore, has a price band of Rs 154-162 per share and closes on December 12.
• Proceeds will be used for debt payment, capital expenditure for new/expanded hospitals, and medical equipment purchases.

Why It Matters: Park Medi World's IPO subscription reflects early investor confidence.