PARASHLTH
Paras Healthcare Limited
- IPO Status
- Closed
- Open Date
- 21 Oct 2026
- Close Date
- 23 Oct 2026
IPO Details
- Min. Investment
- ₹14,553
- Price Band
- ₹660 - ₹693
- Lot Size
- 21 shares
- Issue Size
- ₹1,450 Cr
- Face Value
- 1
- IPO Doc
- RHP PDF
About
Paras Healthcare runs a chain of multi-specialty hospitals in North India and will use IPO proceeds to repay outstanding debt.
- Listing At
- NSE, BSE
- Issue Type
- Mainboard
- Registrar
- Link Intime
Schedule
- IPO open21 Oct 2026
- IPO close date23 Oct 2026
- Allotment date26 Oct 2026
- Funds unblock or debit27 Oct 2026
- Listing date28 Oct 2026
Financial Performance
- Revenue
- Net Worth
- Profit
Stocks similar to PARASHLTH
- Aster DM Quality Care Limited
- Krishna Institute of Medical Sciences Ltd
- Manipal Health Enterprises Limited
- Max Healthcare Institute Limited
- Narayana Hrudayalaya Limited
Business & Strengths
Key things to know about the company
- What they do: Operates a network of eight multi-specialty hospitals across five states and one union territory in North India.
- How they make money: Earns fees from patients for specialized medical treatments, including cardiac, neuro, and oncology.
Use of Proceeds
How the company plans to use the ₹837 cr raised
| Purpose | INR crores (%) |
|---|---|
| 716.22 (85.57%) | |
| 120.78 (14.43%) |
Subscription
Subscription numbers (in shares) as of 06:42 PM on October 23, 2026
| Category | Reserved | Applied | Subscription (X times) |
|---|---|---|---|
| Retail | 21.97 L | 43.96 L | 2.00x |
| HNI | 32.95 L | 21.66 L | 0.66x |
| QIB | 65.91 L | 2.04 Cr | 3.09x |
| Total | 1.21 Cr | 2.69 Cr | 2.23x |
FAQs
Paras Healthcare Limited IPO is a Mainboard IPO aggregating up to ₹1,450 Cr, with equity shares of face value ₹1 each. The shares are proposed to be listed on NSE and BSE.
The Paras Healthcare Limited IPO opened on 21 Oct 2026 and closed on 23 Oct 2026. IPO Period: 21 Oct 2026 – 23 Oct 2026.
The price band for the Paras Healthcare Limited IPO is ₹660 to ₹693 per share. Investors can bid within the specified price band, subject to the applicable IPO rules.
The minimum lot size is 21 shares. At the upper price band of ₹693, the minimum investment required is ₹14,553.
Particular Details Lot Size 21 shares Price Band ₹660 – ₹693 Minimum Investment ₹14,553 Maximum Retail Lots 13 Here is the timeline for the Paras Healthcare Limited IPO:
IPO Event Date IPO Opens 21 Oct 2026 IPO Closes 23 Oct 2026 UPI Mandate Deadline 23 Oct 2026, 5:00 PM Basis of Allotment 26 Oct 2026 Refund Initiation 27 Oct 2026 Shares Credited 27 Oct 2026 Listing Date 28 Oct 2026 The basis of allotment for the Paras Healthcare Limited IPO is expected to be finalised on 26 Oct 2026. Investors can check their allotment status through the registrar or relevant stock exchange website using their application details. Registrar: Link Intime.
The equity shares of Paras Healthcare Limited are proposed to be listed on NSE and BSE. Proposed Listing Date: 28 Oct 2026.
The company plans to use the IPO proceeds for:
Purpose Amount Prepayment or scheduled re-payment, in full or part, of certain outstanding borrowings availed by our Company ₹716.22 Cr (85.57%) Investment in our wholly owned Subsidiary, PMHPL (which also operates our hospital in Srinagar), for repayment/prepayment of borrowings, in full or part, of PMHPL ₹120.78 Cr (14.43%) The key financial performance of Paras Healthcare Limited is:
Financial Year Revenue Profit FY24 ₹1,129.04 Cr ₹-15.33 Cr FY25 ₹1,294.06 Cr ₹-57.98 Cr FY26 ₹1,605.95 Cr ₹43.83 Cr Revenue CAGR: 19.3%. Figures are as disclosed in the company's offer documents.
Check upcoming IPOs
Download the Wealthy Appto enjoy efficient Trading and Investing!
Welcome to Wealthy
