Park Medi World Acquires Krishna Super-Speciality Hospital for ₹40 Crore
Park Medi World Limited acquired Krishna Super-Speciality Hospital for ₹40 crore in an all-cash deal. The 250-bedded hospital is located in Bathinda. This acquisition increases Park Group's bed capacity, aligning with their plan to reach 5,260 beds by March 2028.
The acquisition of a hospital is a significant corporate action that will contribute to the company's growth and market presence, impacting its future revenue and operational scale.
The company has successfully completed a strategic acquisition that expands its operational capacity and strengthens its market position, which is a positive development.
Park Medi World Limited has approved the acquisition of Krishna Super-Speciality Hospital, which is owned by Mahip Hospitals Private Limited. The acquisition was considered and approved by the Board of Directors in a meeting held on January 05, 2026, from 8:00 a.m. to 9:25 a.m.
Krishna Super-Speciality Hospital is a 250-bedded facility, including 70 ICU beds, with modular operation theatres and automated laboratories. Mahip Hospitals Private Limited has an authorized capital of ₹15 lacs and a paid-up capital of ₹13.5 lacs. The acquisition is not a related party transaction.
This strategic acquisition is expected to enhance Park Group's hospital capacity and infrastructure, supporting its goal to reach a total of 5,260 beds by March 2028. The company has been managing the operations of Krishna Super-Speciality Hospital since July 2025 and has now acquired 100% shareholding for a cash consideration of ₹40 crore. The company's turnover for FY 2024-25 was ₹16.00 crore, and for FY 2023-24 was ₹7.73 crore. For FY 2022-23, the turnover was Nil.
Dr. Ankit Gupta, Managing Director, Park Medi World Limited, stated, "We are proud to announce the acquisition of Krishna Super-Speciality Hospital, Bathinda, marking a significant milestone in our mission to provide world-class healthcare across North India... This hospital will help us in bridging the gap between urban and rural medical access, reflecting the philosophy of our Founder, Dr. Ajit Gupta, 'wellness for all'."
Park Group is currently North India's 2nd largest Hospital Chain, operating 14 hospitals with 3,250 beds. With the integration of seven additional hospitals adding 2,010 beds, the total capacity is projected to reach 5,260 beds by March 2028.
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