Park Medi World to acquire KP Institute of Medical Sciences in ₹245 crore deal

Park Medi World Limited’s board has approved the acquisition of 100% stake in KP Institute of Medical Sciences (KPIMS) in an all-cash transaction valued at ₹245 crore, as the hospital chain accelerates its expansion across North India. The board cleared the deal at a meeting held on Friday, December 19.

Upon completion, KPIMS, located in Agra, Uttar Pradesh, will become a wholly owned subsidiary of Park Medi World. The transaction is expected to be finalised by 28 February 2026, subject to customary

conditions.

KPIMS is one of the largest healthcare facilities in the region, with a total capacity of 360 beds. The acquisition aligns with Park Group’s cluster-based growth strategy, aimed at improving operational efficiency and achieving economies of scale through expansion in contiguous geographies.

“This integration will significantly strengthen our regional presence and is anticipated to deliver strong operational and financial results,” said Dr Ankit Gupta, Managing Director of Park Medi World. He added that Agra is a high-potential market with growing demand for quality healthcare services.

The company clarified that the acquisition does not constitute a related-party transaction and does not require governmental or regulatory approvals. KPIMS operates through KPS Wellness Private Limited and SVPD Healthcare Private Limited, both based in Agra. Since its launch in 2023, KPIMS has emerged as a prominent multi-specialty provider, NABH-accredited, offering super-specialty services, and empanelled with major insurance providers and government health schemes.

As per disclosures, KPS Wellness reported consolidated revenues of ₹18.03 crore in FY25, while SVPD Healthcare posted revenues of ₹38.46 crore in the same period.

Park Group currently operates 14 hospitals with a total of 3,250 beds across cities including Delhi, Gurugram, Faridabad, Panipat, Karnal, Mohali, Patiala, Bathinda and Jaipur. The group is integrating six additional hospitals, which will add 1,650 beds, taking total capacity to 5,260 beds by March 2028.

Park Medi World shares made a muted market debut on 17 December, listing at ₹155.60 on the BSE, a discount of 4% to the issue price of ₹162. On the NSE, it opened at ₹158.80, nearly 2% below the issue price.

Shares ended 0.30% lower at ₹154.89 on Friday, 19 December.