Paras Healthcare

listed

Price Band₹660.00 – ₹693.00
Lot Size21 Shares
Issue Size₹1,450.00 Cr
Subscription2.34x
Issue Price₹693.00
Listing Price₹720.00

IPO Important Dates

IPO Opening Date21 Oct 2026
IPO Closing Date23 Oct 2026
Allotment Date26 Oct 2026
Listing Date28 Oct 2026

IPO Issue Details

CompanyParas Healthcare
SymbolPARASHLTH
ISININE661T01029
IPO Typemainboard
ExchangeNSE
Face Value₹1.00
Fresh Issue₹500.00 Cr
Offer for Sale₹950.00 Cr
Listing GainNot Available Yet
Listing Day Closing PriceNot Available Yet
Listing Day Closing GainNot Available Yet

About the Company

Paras Health is a clinical specialty-led hospital platform providing tertiary and quaternary healthcare services through a network of eight hospitals with an aggregate bed capacity of 2,211 beds across North India, Bihar, and Jharkhand, operating in five states and one union territory. The company has a 20-year operating history with deep focus on CONGOR specialties (cardiac, oncology, neuro, gastro, orthopedics, and renal sciences), which accounted for ~74% of revenue from operations in Q1 FY2027. Revenue from operations grew at a CAGR of 19.26% from ₹11,290 million in FY2024 to ₹16,060 million in FY2026, while EBITDA expanded at a CAGR of 47.41% over the same period. The company plans to expand its total bed capacity to 3,011 beds by March 2028 through greenfield and brownfield additions in Gurugram and Ludhiana.

IPO Subscription Details

Investor CategorySubscription
Qualified Institutional Buyers (QIB)3.25x
Non-Institutional Investors (NII)0.69x
Big HNI0.62x
Small HNI0.84x
Retail Investors2x
Total Subscription2.34x

Registrar & Lead Managers

RegistrarMUFG Intime India Pvt.Ltd.
Lead ManagersJM Financial Ltd.

Official IPO Documents

View Draft ProspectusView Final Prospectus

IPO information is provided for educational and reference purposes. Dates, prices and subscription figures may change. Please verify important details from official exchange and offer documents before investing.

IPO GMP (Grey Market Premium)

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IPO Allotment Status

Allotment Date 26 Oct 2026
Listing Date 28 Oct 2026
Registrar MUFG Intime India Pvt.Ltd.
Allotment Result Check with Registrar

Allotment result availability depends on the registrar's official publication.

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Official IPO Documents

Draft Prospectus Final Prospectus

Disclaimer: This information is for educational purposes only. GMP is unofficial and IPO investments involve risk. Verify all details through official sources before applying.

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