Park Medi World IPO 98% Subscribed on Day 2

• Park Medi World's Rs 920-crore IPO was subscribed 98% on its second day (Thursday).
• Non-Institutional Investors subscribed 1.38 times, Retail Investors 1.19 times, and Qualified Institutional Buyers 32%.
• The IPO, with a price band of Rs 154-162 per share, includes a fresh issue of Rs 770 crore and an OFS of Rs 150 crore.
• The company raised Rs 276 crore from anchor investors on Tuesday.
• Proceeds will fund debt payment, new hospital development, existing hospital expansion, and medical equipment purchases.

Why It Matters: This shows strong investor demand for Park Medi World's IPO.