02 Mar, 14:24 - Indian

Nifty Smallcap 100 16602.9 (-1.93)

Nifty 50 24779.25 (-1.59)

Nifty Pharma 22896.75 (-0.24)

Nifty Midcap 100 58072.65 (-1.76)

Nifty IT 30236.15 (-1.20)

SENSEX 79906.26 (-1.70)

Nifty Bank 59712.2 (-1.35)

Nifty Next 50 68472.6 (-1.78)

02 Mar, 14:24 - Global

NIKKEI 225 58057.24 (-1.35)

HANG SENG 26059.86 (-2.14)

S&P 6807.25 (-1.36)


Corporate News

You are Here : Home > News > Corporate News >

(19 Dec 2025, 11:46)

Park Medi World inks deal to acquire Agra-based KP Institute of Medical Sciences

Park Medi World said that it has entered into agreements to acquire whole of existing shareholding of KP Institute of Medical Sciences (KPIMS), in an all-cash transaction amounting Rs 245 crore.


This acquisition, one of the biggest healthcare facilities in the region having total capacity of 360 beds, aligns perfectly with our cluster-based growth strategy, which maximizes operational efficiencies and achieves economies of scale by locating our hospitals in close proximity.

Furthermore, it significantly reinforces the Park Group's goal of strengthening our presence in key urban centres across North India.

Since its launch in 2023, KPIMS has become a prominent multi-specialty provider for Agra and neighbouring areas being one of the biggest healthcare facilities in the region.

Dr. Ankit Gupta, managing director, Park Medi World, said: “By welcoming the KP Institute of Medical Sciences (KPIMS), we take a major step in expanding our presence in North India.

This integration will significantly strengthen our regional presence and is anticipated to yield strong operational and financial results. Agra is a high-potential city with a clear need for dependable, high-quality medical services; thus, we are focused on enhancing KPIMS’s capabilities to provide the community with advanced, modern care.

The facility’s excellent location makes it a critical hub for delivering consistent, patient-focused healthcare across the region, and we remain dedicated to exploring opportunities to further our growth in the area.”

Park Group is North India’s 2nd largest Hospital Chain, currently operating 14 hospitals with a combined capacity of 3,250 beds. In addition to this proposed facility in Agra, Park Group is in process of integrating additional six hospitals which are under various stages of execution and it will add 1,650 beds. This expansion will take Park Group’s total bed capacity to 5,260 beds by March 2028.

The firm reported a consolidated net profit of Rs 139.14 crore and an income from operations of Rs 808.66 crore for the nine months ended on 31 June 2025.

The scrip shed 0.46% to currently trade at Rs 154 on the BSE.


More News
More Company News View Company Information

Capital Market Publishers India Pvt. Ltd

401, Swastik Chambers, Sion Trombay Road, Chembur, Mumbai - 400 071, India.

Formed in 1986, Capital Market Publishers India Pvt Ltd pioneered corporate databases and stock market magazine in India. Today Capitaline corporate database cover more than 35,000 listed and unlisted Indian companies. Latest technologies and standards are constantly being adopted to keep the database user-friendly, comprehensive and up-to-date.

Over the years the scope of the databases has enlarged to cover economy, sectors, mutual funds, commodities and news. Many innovative online and offline applications of these databases have been developed to meet various common as well as customized requirements.

While all the leading institutional investors use Capitaline databases, Capital Market magazine gives access to the databases to individual investors through Corporate Scoreboard. Besides stock market and company-related articles, the magazine’s independent and insightful coverage includes mutual funds, taxation, commodities and personal finance.

Copyright @ Capital Market Publishers India Pvt.Ltd

Designed, Developed and Content powered by CMOTS InfoTech (ISO 9001:2015 & ISO/IEC 27001:2022 Certified)

Site best viewed in Internet Explorer Edge ,   Google Chrome 115.0.5790.111 + ,   Mozilla Firefox 115.0.3 + ,   Opera 30.0+, Safari 16.4.1 +