Paras Healthcare
28 Oct '26MAINBOARD
Min. Investment
₹13,860
Issue size
₹1450 Cr
GMP
Locked
Current subscription status: --
Expert verdict
IPO dates
21 Oct
Opening
23 Oct
Closing
28 Oct
Listing
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 21 | ₹14,553 |
| HNI (Min) | 14 | 294 | ₹2,03,742 |
Subscription (as on 17 October 2026, 05:39 PM)
Overall-
Qualified institutional buyers
Non-Institutional Buyers
Retail Investors
Employee
About company
Founded: 1987|MD: Dr Dharminder Kumar Nagar
- Paras Healthcare is a hospital operator providing tertiary and quaternary healthcare services through a network of eight hospitals under the Paras Health brand. As of June 30, 2026, the company was present in five states and one Union Territory. Its hospitals are located in Gurugram and Panchkula in Haryana, Patna and Darbhanga in Bihar, Kanpur in Uttar Pradesh, Udaipur in Rajasthan, Ranchi in Jharkhand, and Srinagar in Jammu and Kashmir.
- The company provides treatments across several clinical specialities, including cardiac sciences, oncology sciences, neurosciences, gastro sciences, orthopaedics and sports injury, and renal sciences. As of June 30, 2026, its hospital network had 1,084 doctors and 1,937 nurses.
- Use of proceeds:
- The IPO consists of both a fresh issue of shares and an offer for sale (OFS). Proceeds from the OFS will go to the respective selling shareholders, whereas the net proceeds from the fresh issue will be utilised for the following purposes:
- Prepayment or scheduled repayment, in full or part, of certain outstanding borrowings availed by the company — Rs 320.90 crore
- Investment in the wholly owned subsidiary, PMHPL, for repayment/prepayment of borrowings, in full or part, of PMHPL — Rs 54.10 crore
- General corporate purposes
Issue Details & Objective
Lot size
21 Shares
Price band
₹660 to 693
Face value
₹1 per share
Financials
Download DRHP (IPO Doc)FAQs
Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
The issue size of Paras Healthcare IPO is ₹1450 Cr
The Paras Healthcare IPO will be open for applications from 21 Oct '26 to 23 Oct '26
The lot size of Paras Healthcare IPO is 21 Shares and its minimum investment amount is ₹13,860.
