New Delhi, Dec. 10 -- The initial public offering (IPO) of Park Medi World, operator of the Park Hospital chain across North India, opened for public subscription today, December 10, and will close on Friday, December 12. The company aims to raise Rs.920 crore through the IPO.

The offer comprises a fresh issue of 4.75 crore shares aggregating to Rs.770 crore and an offer for sale (OFS) of 0.93 crore shares worth Rs.150 crore.

The IPO price band has been fixed at Rs.154 to Rs.162 per share.

The allotment for the Park Medi World IPO will be finalised on December 15. Successful applicants are expected to receive shares on December 16, with refunds for non-allottees also processed on the same day.

The company is scheduled to list on both ...