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Paras Healthcare Ltd

IPO Details · GMP · Subscription · Financials

⏳ Upcoming NSE & BSE Mainboard Opens 21 Oct 2026
Issue Price
₹693
Per Share
GMP
+₹95
+13.71% Grey Market
Est. Listing
₹788
Expected Price
Min. Application
₹29,106
2 lots × 21 shares
IPO Issue Details
Issue Price / Price Band₹693 per share (Fixed Price)
Face Value₹1 Per Share
Lot Size21 Shares per Lot
Total Issue Size2,09,23,520 shares (agg. up to ₹1,450 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh capital cum OFS
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenWed, 21 Oct 2026
Subscription CloseFri, 23 Oct 2026
Anchor AllotmentTue, 20 Oct 2026
Basis of AllotmentMon, 26 Oct 2026
Initiation of RefundsTue, 27 Oct 2026
Credit of Shares to DematTue, 27 Oct 2026
Listing DateFri, 23 Oct 2026
UPI Mandate Deadline5:00 PM on 23 Oct 2026 (Day 3)
Application & Investment Details
Retail — Min (1 Lots)14,553 — 21 shares
Retail — Max (13 Lots)₹189,189 (13 Lots)
HNI — Min (14 Lots)2,03,742 — 294 shares
EPS (Pre-IPO)₹4.34
EPS (Post-IPO)₹18.37
P/E Ratio (Pre-IPO)159.68x
P/E Ratio (Post-IPO)37.72x
Pre-IPO Promoter Holding10,09,86,187 shares
Post-IPO Promoter Holding10,82,01,194 shares
Fresh Issue Shares72,15,007 shares (agg. up to ₹500 Cr)
Offer for Sale Shares1,37,08,513 shares of ₹1 (agg. up to ₹950 Cr)
About Paras Healthcare Ltd

Incorporated in1987, Paras Healthcare Limited is a leading clinical specialty-led hospital platform providing tertiary and quaternary healthcare services across North India, Bihar, and Jharkhand under the "Paras Health" brand. The company operates eight hospitals with an aggregate bed capacity of 2,211 beds across Gurugram, Panchkula, Patna, Darbhanga, Kanpur, Udaipur, Ranchi, and Srinagar as of June 30, 2026.It specializes in cardiac sciences, oncology, neurosciences, gastro sciences, orthopedics & sports injury, and renal sciences (CONGOR specialties), which contributed 75.30% of revenue in Fiscal 2026.Paras Healthcare has over 20 years of operating history and follows a balanced growth strategy through mature, emerging, and new hospitals. The company plans to expand its network with a 300-bed hospital in Gurugram and a 500-bed hospital in Ludhiana, increasing total capacity to 3,011 beds by March 2028.As of March 31, 2026, it had 4,670 employees, including 1,084 doctors and 1,937 nurses.StrengthsLeading healthcare provider in North India, Bihar, and Jharkhand.Network of 8 hospitals with 2,211-bed capacity.Strong Paras Health brand with over 20 years of experience.Focus on high-acuity CONGOR specialties.Balanced portfolio of mature, emerging, and new hospitals.Strong occupancy growth and operational efficiency.Experienced workforce of 1,011 doctors and 1,665 nurses.Expansion pipeline to reach 3,011 beds by FY28.Advanced clinical infrastructure and standardized care protocols.

Objects of the Issue

Paras Healthcare Ltd proposes to utilise the net proceeds from the Issue for the following objects:

1
Prepayment or scheduled re-payment, in full or part, of certain outstanding borrowings availed by Company
320.90
2
Investment in our wholly owned Subsidiary, PMHPL (which also operates hospital in Srinagar), for repayment/prepayment of borrowings, in full or part, of PMHPL
54.10
3
General Corporate Purposes
Shareholding & Lock-in
Pre-IPO Promoter Holding 10,09,86,187 shares
Post-IPO Promoter Holding 10,82,01,194 shares
Check AllotmentCheck Status →
Paras Healthcare Ltd — Live Price UPCOMING
Chart Available After Listing
Expected: 23 Oct 2026
Quick Facts
GMP Signal🟢 Positive
StatusUpcoming
Issue Price₹693
GMP+₹95
Est. Listing₹788
Lot Size21 shares
Min Amount₹29,106
Listing Date23 Oct 2026
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹693
Listing Date23 Oct 2026
Listing PriceAvailable on listing day
Listing Gain/LossCalculated on listing day
52-Week HighPost listing
52-Week LowPost listing
Issue Structure & Reservation
Subscription data will be available once the IPO opens.
Lot Size & Investment Details
Lot Size
21
Shares
Issue Price
₹693.00
Per Share
Min Investment
₹14,553
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 21 ₹14,553
Retail (Max) 13 273 ₹189,189
sNII (Min) 14 294 ₹203,742
bNII (Min) 69 1,449 ₹1,004,157
Company Financials — Restated Consolidated (Amount in ₹ Crore)
Particulars30 Jun 202631 Mar 202631 Mar 2025
Revenue from Operations 478.75 1628.78 1314.21
EBITDA 113.48 335.58 156.46
Profit After Tax (PAT) 49.68 43.83 -57.98
Net Worth 444.96 394.94 280.49
Total Assets 2202.88 2071.14 1810.45
Reserves & Surplus 434.86 384.84 270.73
Total Borrowings 1429.49 1393.86 1232.12
Key Ratios & Valuation
Issue Price ₹693
Face Value ₹1 Per Share
P/BV 15.73
RoE 11.83
RoCE 4.23
RoNW 11.83
PAT Margin (%) 10.38
EBITDA Margin (%) 23.70
Debt / Equity 3.21
Company Details
Company
Paras Healthcare Ltd
Exchange
NSE & BSE
IPO Type
Mainboard IPO
Issue Type
Bookbuilding IPO
Face Value
₹1 Per Share
Script Code
N/A
Address
1 st Floor, Tower B, Paras Twin Towers, Golf Course Road, Sector 54, Gurugram, Haryana, 122002
Book Running Lead Managers
JM Financial Ltd
Book Running Lead Manager (BRLM)
BOFA Securities India Ltd
Book Running Lead Manager (BRLM)
Nuvama Wealth Management Ltd
Book Running Lead Manager (BRLM)