Park Medi World pays Rs 177 crore for V3 Healthcare’s 330-bed Medicity Hospital

Park Medi World Limited approved a Rs 177 crore all-cash acquisition of V3 Healthcare Private Limited on 25 May 2026, adding the 330-bed Medicity Hospital in Rudrapur to its North India network.

For healthcare CEOs and CFOs in the UAE, the number to remember is the price: about 3.2 times FY26 revenue, based on V3 Healthcare's unaudited turnover of Rs 55.74 crore. At about AED 0.0384 per rupee on 25 May 2026, the consideration equals roughly AED 68 million.

Deal terms and timeline

Park Medi World told the exchanges that its board meeting on 25 May 2026 approved the purchase under India’s SEBI listing rules. The company said the transaction is an all-cash acquisition from existing shareholders in two tranches, with no related-party classification and no government approval requirement disclosed in the filing.

• 80% of V3 Healthcare is due to be acquired by 31 August 2026.
• The remaining 20% is scheduled after 31 March 2030, with completion by 30 April 2030.
• V3 Healthcare was incorporated on 15 July 2014 and operates in Rudrapur, Uttarakhand.
• Medicity Hospital has more than 20 specialities, including cardiac sciences, oncology, nephrology, gastroenterology and interventional radiology.

“80% by August 31, 2026; and 20% by April 30, 2030.” — Park Medi World, exchange disclosure dated 25 May 2026

The original India.com item was distributed through India.com. The official transaction details were set out in Park Medi World’s NSE disclosure, and Moneycontrol reported the market reaction.

Why UAE operators should care

Park Medi World said it currently operates 16 hospitals with 3,960 beds. It is integrating four more hospitals that are expected to add 1,500 beds. Including Medicity Hospital, Park Group expects total capacity of 5,790 beds by March 2028.

The UAE read-across is operational rather than regulatory. A Dubai hospital acquisition would put facility licensing, professional licensing and ownership changes before the Dubai Health Authority (DHA). Abu Dhabi and Al Ain operators would work through the Department of Health Abu Dhabi (DOH). Northern Emirates operators would need Ministry of Health and Prevention (MOHAP) approvals. In each case, the practical work sits with the COO and compliance team: licence transfer, physician credentialing, insurance network continuity and clinical governance before day one.

The CFO lens is the revenue multiple. V3 Healthcare’s turnover rose from Rs 42.46 crore in FY24 to Rs 49.04 crore in FY25 and Rs 55.74 crore in FY26. The latest year was up 13.7% from FY25. Park Medi World management also told Moneycontrol it is targeting Rs 100 crore of revenue and Rs 20 crore of EBITDA from the acquisition in FY27.

What to watch next

The next deadline is 31 August 2026, when Park Medi World is due to complete the first 80% stake purchase. UAE executives watching Indian hospital groups should track whether Park Medi World lifts bed utilisation, specialty mix and EBITDA after closing. The company said super-speciality contribution could rise to 70-75% from 65%. If management hits those targets, more listed Indian chains may price regional hospitals on integration gains, a familiar benchmark for UAE groups weighing acquisitions in Saudi Arabia, Oman and India.