Park Medi World raises ₹276 Cr via anchor book; ₹920 Cr IPO opens Dec 10

• Park Medi World raised Rs 276 crore via anchor book on December 9, ahead of its Rs 920-crore IPO.
• The IPO for Park Hospital, operating a North India hospital chain, opens December 10-12 with a price band of Rs 154-162 per share.
• The Rs 920-crore IPO includes a fresh issue of Rs 770 crore and an offer-for-sale of Rs 150 crore by promoter Ajit Gupta.
• Proceeds from the fresh issue will fund debt repayment (Rs 380 cr), new hospital development (Rs 60.5 cr), and medical equipment purchases (Rs 27.4 cr).
• 23 anchor investors, including domestic mutual funds like Kotak Mahindra AMC and Helios MF, were allocated 1.7 crore equity shares.

Why It Matters: Park Medi World's IPO offers public investment in a major North Indian hospital chain.