BSECompany Update1d ago · 3 Aug 2026, 05:17 pm
Monitoring Agency Report for the Quarter ended June 30, 2026
Park Medi World Ltd · 544645
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Park Medi World Ltd has submitted a Monitoring Agency Report for the quarter ended June 30, 2026, as required by SEBI regulations, detailing the utilization of the proceeds from its Initial Public Offering (IPO). The report confirms that the company has utilized the net proceeds of Rs 7,132.77 million towards capital expenditure as per the disclosures in the Offer Document.
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Park Medi World Ltd - 544645 - Announcement under Regulation 30 (LODR)-Monitoring Agency Report
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August 03, 2026
BSE Limited National Stock Exchange of India Limited
P.J. Tower, Exchange Plaza,
Dalal Street, Fort, Bandra-Kurla Complex, Bandra (E),
Mumbai - 400 001 Mumbai - 400 051
Scrip Code: 544645 SYMBOL: PARKHOSPS
Subject: Disclosure under Regulation 32 of Securities and Exchange Board of India (Listing Obligations and
Disclosure Requirements) Regulations, 2015 (“Listing Regulations”)- Monitoring Agency Report for
the Quarter ended June 30, 2026
Dear Sir/Madam,
Pursuant to Regulation 32(6) of the Listing Regulations read with Regulation 41(4) of the Securities and Exchange Board
of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, please find enclosed herewith the Monitoring
Agency Report issued by CRISIL Ratings Limited, the Monitoring Agency, for the Quarter ended June 30, 2026, on the
utilization of the proceeds of Initial Public Offering (“IPO”) of the Company.
The above report has been placed before and considered by the Board of Directors and Audit Committee at their
respective meetings held today i.e. August 03, 2026.
The above disclosure is also being made available on the website of the Company at https://www.parkhospital.in/.
This is for your information and records.
Thanking you,
For and on behalf of Park Medi World Limited
Name: Abhishek Kapoor
Designation: Company Secretary & Compliance Officer
Encl: A/a
Monitoring Agency Report
for Park Medi World Limited
for the quarter ended
June 30, 2026
CRL/MAR/PRKH/2026-27/1879
August 03, 2026
Park Medi World Limited
12, Meera Enclave, Outer Ring Road,
Near Keshopur Bus Depot,
Delhi - 110018
Dear Sir/Madam,
Monitoring Agency Report for the quarter ended June 30, 2026 - in relation to the Initial Public Offer (“IPO”) of
Park Medi World Limited (“the Company”)
Pursuant to Regulation 41(2) of SEBI (lssue of Capital and Disclosure Requirements) Regulations, 2018 (“SEBI ICDR
Regulations”) and Monitoring Agency Agreement dated August 18, 2025, enclosed herewith the Monitoring Agency
Report, issued by Crisil Ratings Limited, Monitoring Agency, as per Schedule XI of the SEBI ICDR Regulations towards
utilization of proceeds of IPO for the quarter ended June 30, 2026.
Request you to kindly take the same on records.
Thanking you,
For and on behalf of Crisil Ratings Limited
Shounak Chakravarty
Director, Ratings (LCG)
Report of the Monitoring Agency (MA)
Name of the issuer: Park Medi World Limited
For quarter ended: June 30, 2026
Name of the Monitoring Agency: Crisil Ratings Limited
(a) Deviation from the objects: Not applicable
(b) Range of Deviation: Not applicable
Declaration:
We declare that this report provides an objective view of the utilization of the issue proceeds in relation to the objects of the issue
based on the information provided by the Issuer and information obtained from sources believed by it to be accurate and reliable.
The MA does not perform an audit and undertakes no independent verification of any information/ certifications/ statements it
receives. This Report is not intended to create any legally binding obligations on the MA which accepts no responsibility,
whatsoever, for loss or damage from the use of the said information. The views and opinions expressed herein do not constitute the
opinion of MA to deal in any security of the Issuer in any manner whatsoever. Nothing mentioned in this report is intended to or
should be construed as creating a fiduciary relationship between the MA and any issuer or between the agency and any user of this
report. The MA and its affiliates also do not act as an expert as defined under Section 2(38) of the Companies Act, 2013.
The MA or its affiliates may have credit rating or other commercial transactions with the entity to which the report pertains and
may receive separate compensation for its ratings and certain credit-related analyses. We confirm that we do not perceive any
conflict of interest in such relationship/interest while monitoring and reporting the utilization of the issue proceeds by the issuer.
We have submitted the report herewith in line with the format prescribed by SEBI, capturing our comments, where applicable.
There are certain sections of the report under the title “Comments of the Board of Directors”, that shall be captured by the Issuer’s
Management / Audit Committee of the Board of Directors subsequent to the MA submitting their report to the issuer and before
dissemination of the report through stock exchanges. These sections have not been reviewed by the MA, and the MA takes no
responsibility for such comments of the issuer’s Management/Board.
Signature:
Name and designation of the Authorized Signatory: Shounak Chakravarty
Designation of Authorized person/Signing Authority: Director, Ratings (LCG)
1) Issuer Details:
Name of the issuer: Park Medi World Limited
Names of the promoter: Dr. Ajit Gupta
Dr. Ankit Gupta
Industry/sector to which it belongs: Hospital
2) Issue Details
Issue Period: Wednesday, December 10, 2025, to Friday, December 12, 2025
Type of issue (public/rights): Initial Public Offer (IPO)
Type of specified securities: Equity Shares
IPO Grading, if any: NA
Issue size: Rs 7,700 million
Particulars of the Issue Size Amount (Rs in million)
Gross proceeds of the Fresh Issue 7,700.00#
Less: Issue Expenses 567.23
Net Proceeds 7,132.77
#Crisil Ratings shall be monitoring the gross proceeds amount.
3) Details of the arrangement made to ensure the monitoring of issue proceeds:
Source of
information/
Comments
certifications Comments of the
of the
Particulars Reply considered by Monitoring
Board of
Monitoring Agency Agency
Directors
for preparation of
report
Statutory Auditor’s
certificate^,
Management
undertaking, Proceeds were
Whether all utilization is as per the Prospectus dated utilized towards No
disclosures in the Offer Document? December 12, 2025 capital expenditure Comments
(hereinafter by the subsidiary
referred as “Offer
Document”),
Bank Statements
Source of
information/
Comments
certifications Comments of the
of the
Particulars Reply considered by Monitoring
Board of
Monitoring Agency Agency
Directors
for preparation of
report
Whether shareholder approval has been
obtained in case of material deviations from No
NA No Comments
expenditures disclosed in the Offer Comments
Document?
Whether the means of finance for the No
No No Comments
disclosed objects of the issue has changed? Comments
Is there any major deviation observed over No
No No Comments
the earlier monitoring agency reports? Comments
Statutory Auditor’s
Whether all Government/statutory certificate^,
approvals related to the object(s) have been NA Management No Comments
Comments
obtained? undertaking
Whether all arrangements pertaining to
technical assistance/collaboration are in NA No Comments
Comments
operation?
Are there any favorable events improving No
No No Comments
the viability of these object(s)? Comments
Are there any unfavorable events affecting No
the viability of the object(s)?
N o No Comments
Comments
Is there any other relevant information that
may materially affect the decision making of No No Comments
Comments
the investors?
NA represents Not Applicable
^Certificate dated August 01, 2026, issued by M/s Agiwal & Assocaites, Chartered Accountants (Firm Registration Number:
000181N), Statutory Auditors of the Company.
4) Details of object(s) to be monitored:
i. Cost of the object(s):
Source of Comments of the Board of
Original cost
information/ Directors
(as per the Revised Comment of
certification Particulars
Sr. Offer Cost the
Item considered by Reason of Proposed of firm
No. Document) (Rs in Monitoring
Head MA for Cost financing arrangemen
(Rs in million) Agency
preparation of revision option ts
million)
report made
Repayment/
prepayment, in full or in
part, of outstanding
1 3,800.00 NA No revision No Comments
borrowings availed by
the Company and
its Subsidiaries
Funding capital
expenditure for
development of new
2 605.00 NA No revision No Comments
hospital by the
Subsidiary Park Medicity
(NCR)
St
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