Park Medi World IPO Opens: Debt-Free & 1,650 New Beds by FY28

• Park Medi World's ₹920-crore IPO opened today, aiming to become debt-free and expand its hospital network.
• The IPO includes a ₹770-crore fresh issue and a ₹150-crore offer for sale, priced between ₹154-₹160 per share.
• Proceeds will repay ₹380 crore debt, making the company net cash post-listing and saving ₹15 crore annually in interest.
• The company plans to add 1,650 beds by FY28, increasing total capacity to 4,900 beds across North India.
• Growth strategy includes increasing occupancy, focusing on high-end services, and greenfield/brownfield expansion.

Why It Matters: Park Medi World IPO: A debt-free future and major healthcare expansion.