Park Medi World IPO Lists Today: Modest GMP Signals 3.4% Premium

• Park Medi World IPO shares to list on BSE and NSE today, December 17, at 10 AM.
• The IPO, priced at ₹154-₹162 per share, aimed to raise ₹920 crore and was subscribed 8.52 times.
• Current Grey Market Premium (GMP) is ₹5.5, suggesting a modest 3.40% listing premium over the ₹162 issue price.
• Funds raised will be used for debt repayment (₹380 crore) and hospital expansion (₹60.5 crore).
• QIBs subscribed 12.07x, NIIs 15.93x, and retail investors 3.32x, showing strong investor interest.

Why It Matters: Park Medi World IPO lists today with a modest 3.4% premium despite strong subscription.