Paras Healthcare IPO Day 3: Subscription Closes Today, 23 October 2026
- October 23, 2026
- Posted by: Harsh Piplani
- Category: IPO
Paras Healthcare IPO Day 3, 23 Oct 2026. Subscribed 0.32x after Day 2: Retail 1.24x, NII 0.21x, QIB 0.06x. Price band Rs 660-693. Lot size 21 shares.
Quick Answer
The Paras Healthcare IPO is on its final day of bidding on 23 October 2026. The issue was subscribed 0.32 times at the Day 2 reading on 22 October, with retail at 1.24 times, NII at 0.21 times and QIB at 0.06 times excluding the anchor portion. With bidding open until the end of today’s session, the final subscription figure depends on demand in the closing hours.
Paras Healthcare Limited, a North India hospital chain, has reached the final day of its IPO subscription window today, 23 October 2026. The Paras Healthcare IPO opened on 21 October 2026 and is a mainboard, book built issue worth about Rs 1,450 crore, with a Rs 500 crore fresh issue and an offer for sale of about Rs 950 crore. The shares are proposed to list on BSE and NSE.
Retail crossed full subscription during Day 2 after standing at 0.73 times on opening day, while NII and QIB bids are still building. Overall subscription is held back by the institutional quota, which is up to 75 percent of the net offer.
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Paras Healthcare IPO Details
The table below sets out the key parameters of the Paras Healthcare IPO.
| 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 Subscription Status Day 3
The table below tracks how the issue has moved through its bidding window, from the Day 1 close through to the Day 2 reading on Thursday, 22 October.
| Session | Overall | QIB | NII | Retail |
|---|---|---|---|---|
| Day 1 close (21 Oct) | 0.15x | 0.00x | 0.08x | 0.73x |
| Day 2 close (22 Oct) | 0.32x | 0.06x | 0.21x | 1.24x |
| Day 3, closing day so far (23 Oct) | Updating through the session | |||
With up to 75 percent of the offer reserved for institutions, QIB bids in an issue like this often arrive in the closing hours. Figures are the NSE reading at about 3:54 PM on 22 October, so confirm final numbers on NSE or BSE as bidding closes today.
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, since the issue closes for good after this session.
Download the Univest iOS App or Univest Android App to apply for the issue before it closes today.
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.
Conclusion
The issue enters its final day at 0.32 times, with retail above full subscription at 1.24 times while NII and QIB lag. 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 3?
Ans. On the closing day, 23 October 2026, the issue carries forward a Day 2 reading of 0.32 times overall, with retail at 1.24 times, NII at 0.21 times and QIB at 0.06 times, and figures are updating through today’s final session.
When does the Paras Healthcare IPO close?
Ans. The issue closes for subscription today, 23 October 2026, having opened on 21 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.
Is the Paras Healthcare IPO fully subscribed?
Ans. Not yet overall. The issue was subscribed 0.32 times at the Day 2 reading on 22 October, with retail at 1.24 times, NII at 0.21 times and QIB at 0.06 times excluding the anchor portion.
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.
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, with listing on BSE and NSE tentatively scheduled for 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.
