Park Medi World IPO Allotment LIVE: Check allotment status on BSE, NSE, and Kfin Technologies; latest IPO GMP at ₹6 | Stock Market News

Park Medi World IPO Allotment LIVE: The Park Medi World IPO, which closed for subscription on Friday, December 12, is now set for allotment finalisation today. Investors looking to check the Park Medi World IPO allotment status can do so through the BSE website or the Kfin Technologies IPO allotment portal, where the status will be updated once processing is complete.

As per the IPO timeline, refunds for applicants who did not receive shares will be initiated on December 16, while successful bidders will have shares credited to their demat accounts on the same day.

Park Medi World is scheduled to make its stock market debut on the NSE and BSE on Wednesday, December 17, marking its official entry into the listed space.

The public issue witnessed strong demand across investor categories. According to NSE data, the Park Medi World IPO was subscribed 8.52 times overall. The retail portion received 3.32 times subscription, while Non-Institutional Investors (NIIs) showed significant interest with a subscription of 15.93 times. The Qualified Institutional Buyers (QIBs) category also recorded robust participation at 12.07 times.

Park Medi IPO Details

The Park Medi World IPO was open for subscription from December 10 to December 12. The mainboard issue comprised a fresh offering of 4.75 crore equity shares worth ₹770 crore, along with an offer-for-sale (OFS) of 93 lakh shares aggregating ₹150 crore. The price band for the issue was fixed at ₹154– ₹160 per share.

Each application lot consisted of 92 shares, requiring retail investors to submit a minimum bid of one lot, translating to a minimum investment of ₹14,904 per application.

Park Medi World, a hospital network operating across North India, intends to utilise the IPO proceeds for expansion projects, debt reduction, and other general corporate purposes.

Park Medi ipo gmp today

The shares of Park Medi IPO is currently trading at a grey market premium (GMP) of ₹6. The indicated that the estimated listing price of Park Medi IPO is likely to be ₹168, which is 3.70% higher than the IPO price of ₹162.

Watch this space for all the LIVE updates on Park Medi IPO allotment status.