Paras Healthcare Ltd IPO was priced at ₹660–₹693 per share with an issue size of ₹1,450 crore. The IPO opened on Oct 21, 2026 and closed on Oct 23, 2026, with a lot size of 21 shares and a minimum investment of ₹14,553.
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| Price Band | ₹660.00 - ₹693.00 per share |
| Lot Size | 21 shares |
| Min Investment | ₹14,553 |
| Total Issue Size | ₹1450.00 crore |
| Shares Offered | 2,09,23,520 |
| Issue Structure | Fresh Issue + Offer for Sale |
| Issue Type | Bookbuilding IPO |
| Lead Manager(s) | JM Financial Ltd., BOFA Securities India Ltd., Nuvama Wealth Management Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. |
| Listing At | BSE, NSE |
Issue price ₹693 · lot size 21 shares · estimated listing price ₹705 (GMP +₹12)
| Category | Lots | Shares | Investment | Value at listing | Profit |
|---|---|---|---|---|---|
| Retail (Min) | 1 | 21 | ₹14,553 | ₹14,805 | +₹252 |
| Retail (Max) | 13 | 273 | ₹1,89,189 | ₹1,92,465 | +₹3,276 |
| S-HNI (Min) | 14 | 294 | ₹2,03,742 | ₹2,07,270 | +₹3,528 |
| S-HNI (UPI limit) | 34 | 714 | ₹4,94,802 | ₹5,03,370 | +₹8,568 |
| S-HNI (Max) | 68 | 1,428 | ₹9,89,604 | ₹10,06,740 | +₹17,136 |
| B-HNI (Min) | 69 | 1,449 | ₹10,04,157 | ₹10,21,545 | +₹17,388 |
| Metric | Latest Reported |
|---|---|
| Total Income | ₹1628.78 Cr |
| Profit After Tax | ₹43.83 Cr |
| Net Worth | ₹394.94 Cr |
Promoters: Dharminder Kumar Nagar
| Promoter Holding (Pre-Issue) | 7280000000% |
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.
Plans to expand its network with a 300-bed hospital in Gurugram and a 500-bed hospital in Ludhiana by March 2028.
| Founded | 1987 |
| Headquarters | Gurugram, Haryana |
| Industry | Healthcare |
| Website | https://www.parashospitals.com/ |
| Registrar | MUFG Intime India Pvt.Ltd. |
| Phone | 022-49186000 |
| [email protected] |
11 answers about Paras Healthcare Ltd IPO — dates, pricing, allotment and listing.
Paras Healthcare Ltd IPO is a bookbuilding ipo of ₹1,450 crore. The issue was priced at ₹660–₹693 per share, with a lot size of 21 shares. Bidding ran from Wed, 21 Oct 2026 to Fri, 23 Oct 2026, with shares to be listed on BSE and NSE.
The price band was ₹660–₹693 per share.
One lot was 21 shares. Bids had to be placed in multiples of 21.
A retail investor needed at least ₹14,553 – one lot of 21 shares at ₹693, the upper end of the price band.
Paras Healthcare Ltd IPO opened on Wed, 21 Oct 2026 and closed on Fri, 23 Oct 2026.
Allotment was finalised on Mon, 26 Oct 2026.
Paras Healthcare Ltd shares are expected to list on Wed, 28 Oct 2026 on BSE and NSE.
The company intended to use the net proceeds towards prepayment or scheduled re-payment, in full or part, of certain outstanding borrowings availed by company, investment in our wholly owned subsidiary, pmhpl (which also operates hospital in srinagar), for repayment/prepayment of borrowings, in full or part, of pmhpl and general corporate purposes.
JM Financial Ltd., BOFA Securities India Ltd. and Nuvama Wealth Management Ltd. are the book running lead managers. MUFG Intime India Pvt.Ltd is the registrar to the issue.
Category-wise demand from retail, NII and QIB bidders is on the Paras Healthcare Ltd IPO subscription page, and on the BSE and NSE websites.
From Mon, 26 Oct 2026, check the Paras Healthcare Ltd IPO allotment status using your PAN, application number or DP ID – also available on the registrar's website.