Paras Healthcare IPO Day 1: Subscription Opens Today, 21 October 2026
- October 21, 2026
- Posted by: Harsh Piplani
- Category: IPO
Paras Healthcare IPO opens today, 21 Oct 2026, closes 23 Oct. Price band Rs 660-693. Lot size 21 shares. Lists on BSE and NSE on 28 Oct.
Quick Answer
The Paras Healthcare IPO opens for subscription today, 21 October 2026, and will remain open until 23 October 2026. Paras Healthcare Limited is a North India hospital chain, and the issue of about Rs 1,450 crore combines a fresh issue of about Rs 500 crore with an offer for sale of about Rs 950 crore. The price band is set at Rs 660 to Rs 693 per share, with a lot size of 21 shares, and the shares are proposed to list on BSE and NSE. Since bidding has only just opened, subscription figures will start reflecting real demand as the days progress, so investors should track the live numbers through the session before deciding.
Paras Healthcare Limited, a hospital chain operating the Paras Health brand across North India, Bihar and Jharkhand, has opened its IPO for subscription today, 21 October 2026. The Paras Healthcare IPO is a mainboard, book built issue worth about Rs 1,450 crore, made up of a fresh issue of 72,15,007 shares worth about Rs 500 crore and an offer for sale of 1,37,08,513 shares worth about Rs 950 crore, and it will remain open until 23 October 2026.
The offer for sale is by promoter Dharminder Kumar Nagar (about Rs 300 crore) and Commelina Ltd (about Rs 650 crore). The anchor book was scheduled for 19 October, and the shares are proposed to be listed on BSE and NSE. The company had earlier planned an issue of Rs 1,800 crore before sizing it down.
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Paras Healthcare IPO Details
The table below sets out the key parameters of the Paras Healthcare IPO, including the price band, lot size and important dates.
| Open Date | 21 October 2026 |
| Close Date | 23 October 2026 |
| Face Value | Re 1 per share |
| Price Band | Rs 660 to Rs 693 per share |
| Lot Size | 21 shares |
| Issue Size | About Rs 1,450 crore (fresh issue Rs 500 crore, offer for sale Rs 950 crore) |
| Issue Type | Book Built Issue, Mainboard |
| Listing At | BSE, NSE |
| Allotment Date | 26 October 2026 |
| Listing Date | 28 October 2026 |
Paras Healthcare IPO Quick Facts
| Particulars | Snapshot |
|---|---|
| Minimum retail investment | Rs 14,553 (1 lot, 21 shares, at the upper band) |
| Retail maximum | 13 lots, 273 shares (Rs 1,89,189) |
| Small HNI range | 14 to 68 lots (Rs 2,03,742 to Rs 9,89,604) |
| Big HNI minimum | 69 lots, 1,449 shares (Rs 10,04,157) |
| Promoter holding | 72.8 percent before the issue, 63.95 percent after |
| Registrar | MUFG Intime India Pvt Ltd |
| Lead Managers | JM Financial, BofA Securities India, Nuvama Wealth Management |
This snapshot is meant as a quick reference alongside the fuller details table above, so investors scanning the issue on mobile can find the essentials without scrolling through the whole page.
Paras Healthcare IPO Share Reservation
The issue offers not more than 75 percent of the net offer to qualified institutional buyers, not less than 15 percent to non-institutional investors and not less than 10 percent to retail investors, a smaller retail quota than the usual 35 percent. The anchor book was scheduled for 19 October ahead of public bidding.
Paras Healthcare IPO Subscription Status Day 1
Bidding for the issue has opened today, 21 October 2026, so the category wise numbers below will fill in as the session progresses. With up to 75 percent of the offer for institutions and only 10 percent for retail, subscription momentum often builds late as QIB bids arrive.
| Investor Category | Subscription Status, Day 1 (21 Oct) |
|---|---|
| Qualified Institutional Buyers (QIB) | Bidding just opened, updating through the session |
| Non-Institutional Investors (NII) | Bidding just opened, updating through the session |
| Retail Individual Investors | Bidding just opened, updating through the session |
| Overall | Bidding just opened, updating through the session |
Track Subscription Status for the issue on the Univest Screener
How to Apply for the Paras Healthcare IPO
- Open a Demat and trading account with a SEBI-registered broker such as Univest if you do not already have one.
- Select the issue on your broker app or net banking platform and enter your bid quantity and price within the Rs 660 to Rs 693 band, in multiples of 21 shares.
- Submit the application through the UPI-based ASBA method so the bid amount is blocked rather than debited immediately.
- Approve the UPI mandate on your phone before the daily cut off time, and remember the issue closes on 23 October.
Download the Univest iOS App or Univest Android App to apply for the issue on its opening day.
Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.
About Paras Healthcare Limited
Paras Healthcare Limited, incorporated in 1987 and based in Gurugram, runs eight hospitals with 2,211 beds across Gurugram, Panchkula, Patna, Darbhanga, Kanpur, Udaipur, Ranchi and Srinagar, with cardiac, oncology, neuro, gastro, orthopaedic and renal specialties making up about 75.30 percent of FY26 revenue. Total income was Rs 1,151.02 crore in FY24, Rs 1,314.21 crore in FY25 and Rs 1,628.78 crore in FY26, while profit after tax moved from a loss of Rs 15.33 crore to a loss of Rs 57.98 crore and then a profit of Rs 43.83 crore. For the quarter ended June 2026, total income was Rs 478.75 crore and profit after tax Rs 49.68 crore. Promoters hold 72.8 percent before the issue and 63.95 percent after it, and total borrowings stood at Rs 1,393.86 crore at March 2026.
Conclusion
The issue has opened for bidding today, 21 October 2026, offering exposure to a North India hospital chain that returned to profit in FY26. Investors considering the issue should weigh the borrowings on the balance sheet, the planned Gurugram and Ludhiana expansion and the valuation against listed hospital peers, and read the RHP on bseindia.com before applying after independent due diligence.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs
What is the Paras Healthcare IPO subscription status on Day 1?
Ans. The issue opened for bidding today, 21 October 2026, so Day 1 category wise figures are still filling in through the trading session. Investors can track the live numbers on BSE and NSE as the day progresses.
When does the Paras Healthcare IPO open and close?
Ans. The issue opened for subscription today, 21 October 2026, and will close on 23 October 2026.
What is the Paras Healthcare IPO price band and lot size?
Ans. The issue price band is Rs 660 to Rs 693 per share, with a lot size of 21 shares. A retail investor needs at least one lot, which is about Rs 14,553 at the upper price band.
What is the issue size and structure of the Paras Healthcare IPO?
Ans. The issue is worth about Rs 1,450 crore, made up of a fresh issue of 72,15,007 shares worth about Rs 500 crore and an offer for sale of 1,37,08,513 shares worth about Rs 950 crore.
What is the Paras Healthcare IPO GMP?
Ans. Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision, especially this early in the bidding window.
How do I apply for the Paras Healthcare IPO?
Ans. You can apply for the issue through your SEBI-registered broker or UPI-enabled banking app using the ASBA method, enter your bid quantity and price within the Rs 660 to Rs 693 band, in multiples of 21 shares, then approving the UPI mandate before the daily cut off.
When will the Paras Healthcare IPO be allotted and listed?
Ans. The issue allotment is expected to be finalised on 26 October 2026, and the shares are tentatively scheduled to list on BSE and NSE on 28 October 2026.
What does Paras Healthcare Limited do?
Ans. Paras Healthcare Limited operates the Paras Health brand of tertiary and quaternary care hospitals in North India, Bihar and Jharkhand, with eight hospitals and 2,211 beds as of 30 June 2026.
How will Paras Healthcare use the IPO proceeds?
Ans. Paras Healthcare plans to use the fresh issue proceeds to repay or prepay certain borrowings of the company and of its wholly owned subsidiary that runs the Srinagar hospital, with the balance for general corporate purposes.
Who are the registrar and lead manager for the Paras Healthcare IPO?
Ans. MUFG Intime India Pvt Ltd is the registrar for the issue, and JM Financial Ltd, BofA Securities India Ltd and Nuvama Wealth Management Ltd are the book running lead managers.
