Nuvama Contribution:
- Nuvama drove the demand momentum by securing the Largest FII Bid that built confidence in launching the deal
- This IPO marks Nuvama’s 5th Consecutive IPO as the Left Lead Banker
- As the Left-Lead banker, Nuvama handheld the Company through every stage of the IPO, providing guidance and end-to-end support to ensure smooth and successful closure
- With Park Hospital’s IPO, Nuvama has successfully closed its 9th Deal in the Healthcare Space, reinforcing its position as the “Banker of Choice” for Healthcare Transactions – having closed the Highest No. of Deals across the Street in Healthcare^
- Nuvama garnered participation from a diverse investor set including Marquee ‘Long Only’ FIIs, Mutual Funds and Family Offices
- Pushed the story aggressively through our distribution channel to garner strong interest in HNI & Retail category
Deal Details:
- Incorporated in 2005, Park Medi World Ltd is the Second Largest Private Hospital Chain in North India with over 3,000 beds as of FY25. The company currently operates 14 multi-super speciality hospitals under the ‘Park’ brand.
- Deal saw participation across investor categories garnering more than INR 5,000 crs# – QIB – ~12.0x#, HNI – ~15.6x#, Retail – ~3.3x#
*Includes secondary Pre-IPO of INR 2,250 MN; #Before Technical Rejections;
^Deals above INR 600 crs since Apr 2021 considered