Paras Healthcare IPO Details
| IPO Open Date | October 21, 2026 |
| IPO Close Date | October 23, 2026 |
| Face Value | ā¹1 Per Equity Share |
| IPO Price Band | ā¹660 to ā¹693 Per Share |
| Issue Size | Approx ā¹1,450 Crores, 2,09,23,520 Equity Shares |
| Fresh Issue | Approx ā¹500 Crores, 72,15,007 Equity Shares |
| Offer for Sale: | Approx ā¹3950 Crores, 1,37,08,513 Equity Shares |
| Issue Type | Book Build Issue |
| IPO Listing | BSE, NSE |
| DRHP Draft Prospectus |  |
| RHP Draft Prospectus | |
Paras Healthcare IPO Review & Key Points
- Review:
Paras Healthcare IPO Market Lot
The Paras Healthcare IPO minimum market lot is 21 shares with 14,553 application amount. The retail investors can apply up-to 13 lots with 273 shares of ā¹1,89,189Ā amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 21 | ā¹14,553 |
| Retail Maximum | 13 | 273 | ā¹1,89,189 |
| S-HNI Minimum | 14 | 294 | ā¹2,03,742 |
| S-HNI Maximum | 68 | 1428 | ā¹9,89,604 |
| B-HNI Minimum | 69 | 1449 | ā¹10,04,157 |
IPO Reservation
| Investor Category | Share Offered | -% Shares |
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | – Shares | 75% |
| NII Shares Offered | – Shares | 15% |
| Retail Shares Offered | – Shares | 10% |
Paras Healthcare IPO Anchor Investors
| Anchor Bidding Date | October 19, 2026 |
| Anchor Investors List | |
| Shares Offered | [.] Shares |
| Anchor Size | [.] Cr. |
| lock-in period end date 50% shares (30 Days) | 2026 |
| lock-in period end date 50% shares (90 Days) | 2026 |
Paras Healthcare IPO Dates
The Paras Healthcare IPO date is October 21 and the close date is October 23. The Paras Healthcare IPO allotment will be finalized on October 26 and the IPO listing on October 28.
| IPO Open Date: | October 21, 2026 |
| IPO Close Date: | October 23, 2026 |
| Basis of Allotment: | October 26, 2026 |
| Refunds: | October 27, 2026 |
| Credit to Demat Account: | October 27, 2026 |
| IPO Listing Date: | October 28, 2026 |
Promoters and Holding Pattern
The promoters of the company is Dr. Dharminder Kumar Nagar.
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | – | -% |
| Promoter Holding Post Issue | – | -% |
Objects of the Issue & Utilisation of proceeds
| Purpose | Crores |
| Prepayment or scheduled re-payment, in full or part, of certain outstanding borrowings availed by the Company | ā¹320.90 |
| Investment in the wholly owned Subsidiary, PMHPL (which also operates the hospital in Srinagar), for repayment/prepayment of borrowings, in full or part, of PMHPL | ā¹54.10 |
| General Corporate Purpose | ā¹- |
About Paras Healthcare IPO
Paras Healthcare Limited, founded in 1987, is the fifth-largest healthcare provider across North India, Bihar, and Jharkhand. As of now, the company runs 8 hospitals under the Paras Health brand in North India, including Gurugram, Haryana, Patna, Bihar, Uttar Pradesh, Udaipur, Rajasthan, Jharkhand, and Jammu and Kashmir. The main goal of the company is to offer high-quality and affordable healthcare in tier 2 and tier 3 cities. Heart care, cancer treatment, brain and nerve care, digestive health, and bone and joint replacement are the variety of medical services the company offers.
Paras Healthcare has established its presence among customers by having 18 years of experience in the healthcare industry. In March 2022, the company had a bed capacity of 1250 beds, which expanded to 2135 in March 2024. Moreover, the company consists of a dedicated team of 1091 doctors and 1509 nurses throughout its hospitals as of March 31, 2024.
Paras Healthcare IPO Company Financial Report
Amount ā¹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 2024 | ā¹1151 | ā¹1144 | ā¹15.33 | ā¹1477 |
| 2025 | ā¹1314 | ā¹1364 | ā¹57.98 | ā¹1810 |
| 2026 | ā¹1629 | ā¹1553 | ā¹43.83 | ā¹2071 |
| Jun 2026 | ā¹479 | ā¹431 | ā¹49.68 | ā¹2203 |
Paras Healthcare IPO Valuation – FY2026
Check Paras Healthcare IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 12.98% |
| ROCE: | 10.76% |
| EBITDA Margin: | 20.60% |
| PAT Margin: | 2.69% |
| Debt to equity ratio: | 3.53 |
| Earning Per Share (EPS): | ā¹4.34 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 12.98% |
| Net Asset Value (NAV): | ā¹39.11 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Aster DM Healthcare Limited | 7.53 | 95.90 | 9.70% | 88.32 | 4,643.22 Cr. |
| Apollo Hospitals Enterprise Limited | 135.04 | 60.02 | 21.95% | 657.58 | 25,228.50 Cr. |
| Fortis Healthcare Limited | 13.80 | 67.31 | 11.08% | 131.07 | 9,127.84 Cr. |
| Global Health Limited | 20.71 | 56.55 | 15.15% | 147.06 | 4,410.30 Cr. |
| Jupiter Lifeline Hospitals Limited | 29.59 | 43.98 | 13.41% | 235.50 | 1,499.79 Cr. |
| Krishna Institute of Medical Sciences Limited | 6.03 | 124.98 | 11.01% | 56.17 | 3,904.60 Cr. |
| Max Healthcare Institute Limited | 14.83 | 63.59 | 14.33% | 109.53 | 8,373.45 Cr. |
| Narayana Hrudayalaya Limited | 39.67 | 48.00 | 19.74% | 222.02 | 7,896.04 Cr. |
| Yatharth Hospital and Trauma Care Services Limited | 18.20 | 43.56 | 10.36% | 184.79 | 1,207.17 Cr. |
IPO Lead Managers aka Merchant Bankers
- JM Financial Limited
- BofA Securities India Limited
- Nuvama Wealth Management Limited
Company Address
Paras Healthcare Limited
1 st Floor, Tower B, Paras Twin Towers,
Golf Course Road, Sector 54,
Gurugram ā 122002, Haryana, India
Phone: +91 124 430 2163
Email: [email protected]
Website: https://www.parashospitals.com/
IPO Registrar
MUFG Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
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Note: The Paras Healthcare IPO price band and date are officially announced. The (Paras Healthcare IPO grey market premium) will be added to the IPO GMP page as it will start).
