Regulatory15 May 2026, 07:31 pm
Park Medi World: Monitoring Agency Report for Mar 2026
AI Summary
Park Medi World Ltd has released the Monitoring Agency Report by CRISIL Ratings Limited for the quarter ended March 31, 2026, regarding the utilization of IPO proceeds. The report, as per Regulation 32(6) and 41(4) of SEBI regulations, was reviewed by the Board of Directors and Audit Committee on May 15, 2026. The IPO issue size was ₹7,700 million, with net proceeds of ₹7,132.77 million after deducting issue expenses of ₹567.23 million. The monitoring agency confirmed that the utilization of funds is in accordance with the Offer Document.
Key Highlights
- CRISIL Ratings monitored IPO proceeds utilization for Park Medi World.
- IPO gross proceeds were ₹7,700 million; net proceeds were ₹7,132.77 million.
- Utilization of funds is as per the disclosures in the Offer Document.
- The report was reviewed by the Board and Audit Committee on May 15, 2026.
Price Impact
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