Park Medi World Ltd Summary
Park Medi World Limited was incorporated at New Delhi as Park Medi World Private Limited as a private limited company dated January 20, 2011, with the Registrar of Companies, Delhi and Haryana at New Delhi . Subsequently, Company converted to a public limited company and the name of the Company was changed to Park Medi World Limited, dated December 20, 2024 through a fresh Certificate of Incorporation issued by the Central Processing Centre.The Company is the second largest private hospital chain in North India with an aggregate bed capacity of 3,000 beds, and the largest private hospital chain in terms of bed capacity in Haryana with 1,600 beds located in the state as of March 31, 2025. It operate a network of 14 NABH accredited multi-super specialty hospitals under the Park brand.
It offer over 30 super specialty and specialty services, including internal medicine, neurology, urology, gastroenterology, general surgery, orthopedics and oncology.The founder, Dr. Ajit Gupta started his professional journey in 1981 and established a clinic in South Delhi, India in June 2000. In January 2005, Dr.
Ajit Gupta established the Park Hospital in New Delhi, which was subsequently transferred to the Company in 2011. Thereafter, they set up a hospital in Sector 47, Gurugram, Haryana in 2012 and established hospitals in Panipat and Sector 37D, Gurugram in 2016 and 2019, respectively, increasing the footprint in Haryana. Over the years, Company has undertaken a series of acquisitions acquiring seven hospitals across North India, including in Faridabad, Karnal, Ambala, Behror, Palam Vihar, Sonipat and Mohali.
The Company acquired Blue Heavens Health Care Private Limited in 2020 and further acquired Umkal Health Care Private Limited in 2021. Company came up with the IPO by issuing an aggregate of 56,790,123 equity shares of face value of Rs 2 each and raised funds of Rs 920 crores, comprising a fresh issue of 47,530,864 equity shares aggregating to Rs 770 crores and the offer for sale of 9,259,259 equity shares aggregating to Rs 150 crores on December 12, 2025. The Company has increased bed capacity from 2,550 beds as of March 31, 2023 to 3,250 beds as of September 30, 2025, and currentlyhave a pipeline of hospital expansion in Ambala, Panchkula, Rohtak, New Delhi, Gorakhpur and Kanpur.