Park Medi World shares list at 4% discount to IPO price on exchanges

Park Medi World debuted on the stock market, listing at a discount of up to 4% despite strong IPO demand. The IPO saw an overall subscription of 8.52 times, with non-institutional investors leading the charge. The NII portion was subscribed nearly 16 times. The hospital chain’s shares opened below grey market expectations, reflecting cautious investor sentiment amid premium valuations, leverage concerns, and broader market conditions influencing debut-day performance.