Park Medi World shares make muted market debut; decline nearly 4% to IPO price

Park Medi World Ltd made a subdued market debut, listing at a discount on both BSE and NSE. The hospital chain's Rs 920-crore IPO, which saw over 8 times subscription, will see proceeds used for debt repayment, hospital development, and equipment purchase, with remaining funds for acquisitions and corporate purposes.

Park Medi World shares make muted market debut; decline nearly 4% to IPO price
Park Medi World Ltd made a subdued market debut, listing at a discount on both BSE and NSE. The hospital chain's Rs 920-crore IPO, which saw over 8 times subscription, will see proceeds used for debt repayment, hospital development, and equipment purchase, with remaining funds for acquisitions and corporate purposes.