Paras Healthcare IPO Listing: Shares Debut at 3.9% Premium on NSE and BSE, Check Share Price

Paras Healthcare IPO Listing Today: The IPO closed subscription on 23 October 2026 at about 2.34 times overall. Here is a recap of the offer, the terms of the Paras Healthcare IPO listing, and how the stock traded once it opened on 28 October.

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Paras Healthcare IPO Listing: Issue Details

Paras Healthcare raised about Rs 1,450 crore through a book built issue of 2,09,23,520 shares in a price band of Rs 660 to Rs 693 per share. It was a mix of a Rs 500 crore fresh issue of 72,15,007 shares and a Rs 950 crore offer for sale of 1,37,08,513 shares. The shares listed on the NSE and BSE on 28 October 2026. Bidding ran from 21 to 23 October 2026.

Particular	Detail
Allotment Date	26 October 2026
IPO Open Date	21 October 2026
IPO Close Date	23 October 2026
Refund Initiation	27 October 2026
Issue Size	About Rs 1,450 crore (Rs 500 crore fresh issue plus Rs 950 crore offer for sale)
Lot Size	21 shares (minimum retail application Rs 14,553)
Price Band	Rs 660 to Rs 693 per share
Issue Type	Book Built Issue
Lead Managers	JM Financial, BofA Securities India and Nuvama Wealth Management
Registrar	MUFG Intime India Private Limited
Listing At	NSE and BSE
Listing Date	28 October 2026

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Paras Healthcare IPO Listing Price and Performance

Shares of the Paras Healthcare IPO listing opened at Rs 720 on both exchanges, a gain of Rs 27, or 3.9 percent, over the Rs 693 issue price. A retail investor applying for one lot of 21 shares had put in Rs 14,553, so the paper gain at the listing price works out to about Rs 567 per lot. For the smallest HNI application of 14 lots, or 294 shares, the gain is about Rs 7,938. The stock edged to Rs 723.10 shortly after opening, in line with the lukewarm subscription.

About the Paras Healthcare IPO

Paras Healthcare operates hospitals under the Paras Health brand and was founded in 1987. It runs eight hospitals with 2,211 beds across North India, Bihar and Jharkhand, with cardiac, oncology, neuro, gastro, orthopaedic and renal care making up about 75 percent of FY26 revenue. It plans a 300 bed hospital in Gurugram and a 500 bed hospital in Ludhiana. Dharminder Kumar Nagar is the promoter, and he and Commelina sold shares in the offer. JM Financial, BofA Securities India and Nuvama were the lead managers. Investors weighing the Paras Healthcare IPO listing should note that about Rs 376 crore of the fresh issue goes to repaying debt.

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Paras Healthcare Financials

Here is how the company has performed financially, useful context for anyone checking the Paras Healthcare share price today after the Paras Healthcare IPO listing.

Year Ended	31 Mar 2026 (Rs cr.)	31 Mar 2025 (Rs cr.)	31 Mar 2024 (Rs cr.)
Total Income	1,628.78	1,314.21	1,151.02
EBITDA	335.58	156.46	154.41
Profit After Tax	43.83	(57.98)	(15.33)
Total Borrowings	1,393.86	1,232.12	923.92

Explanation
Total income rose about 24 percent in FY26 to Rs 1,628.78 crore and the company turned a profit of Rs 43.83 crore after losses of Rs 57.98 crore in FY25 and Rs 15.33 crore in FY24. Borrowings kept climbing to Rs 1,393.86 crore, and the issue priced the shares at about 38 times post issue earnings, so the modest gain after the Paras Healthcare IPO listing fits the risks.

Grey market premium (GMP) is an unofficial, unregulated indicator for the Paras Healthcare IPO that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data around the Paras Healthcare IPO listing can go through other relevant sources, though such figures should never be the sole basis for an investment decision.

FAQs

What was the Paras Healthcare IPO listing price?

Ans. Paras Healthcare shares listed at Rs 720 on both the NSE and BSE, a 3.9 percent premium over the Rs 693 issue price.

Was the Paras Healthcare IPO listing a premium or a discount?

Ans. It was a modest premium listing, with the stock opening Rs 27 above the issue price.

How much was the Paras Healthcare IPO subscribed?

Ans. The IPO was subscribed about 2.34 times overall by the close of bidding on 23 October 2026, with the QIB portion at about 3.25 times and retail at about 2.10 times.

What is the issue price of the Paras Healthcare IPO?

Ans. The price band was Rs 660 to Rs 693 per share, and the issue price was fixed at the upper end, Rs 693.

What is the lot size of the Paras Healthcare IPO?

Ans. The lot size was 21 shares, and a retail investor needed Rs 14,553 for one lot at the upper end of the band.

Who is the registrar for the Paras Healthcare IPO?

Ans. MUFG Intime India Private Limited is the registrar.

What does Paras Healthcare do?

Ans. Paras Healthcare operates a chain of eight hospitals in North India, Bihar and Jharkhand under the Paras Health brand.

Where can I check the Paras Healthcare share price today?

Ans. You can check the Paras Healthcare share price today on the NSE and BSE platform, or through the Univest platform.

Should I hold shares after the Paras Healthcare IPO listing?

Ans. That depends on your own risk appetite and time horizon. Worth weighing the return to profit and bed expansion plans against high borrowings and a rich valuation before deciding whether to hold or book profit after the Paras Healthcare IPO listing.