Paras Healthcare IPO
UpcomingIPOListing at: BSE, NSE • 1 st Floor, Tower B,Paras Twin Towers,Golf Course Road, Sector 54,Gurugram, Haryana, 122002
Disclaimer: GMP values change dynamically. This data is strictly for educational purposes only and not an investment advice.
Paras Healthcare IPO GMP History
Genuine daily snapshots retained by the WeeStox backendDisclaimer: GMP values change dynamically. This data is strictly for educational purposes only and not an investment advice.
| GMP date | IPO price | GMP | Premium | Est. profit / lot | Subscription | Movement |
|---|---|---|---|---|---|---|
| 19 Oct 2026 | ₹693 | +₹92 | 13.28% | +₹1,932 | - | Flat |
| 18 Oct 2026 | ₹693 | +₹92 | 13.28% | +₹1,932 | - | ↓ Down |
| 17 Oct 2026 | ₹693 | +₹96 | 13.85% | +₹2,016 | - | ↑ Up |
| 16 Oct 2026 | ₹693 | +₹95 | 13.71% | +₹1,995 | - | ↑ Up |
| 15 Oct 2026 | ₹693 | +₹85 | 12.27% | +₹1,785 | - | ↑ Up |
| 14 Oct 2026 | ₹693 | +₹83 | 0.00% | +₹1,743 | - | Flat |
Explore the complete GMP movement
Open the chart and all available daily records.
Paras Healthcare IPO Details
| IPO Date | 21 Oct 2026 to 23 Oct 2026 |
| Listing At | BSE, NSE |
| Face Value | ₹1 per share |
| Price Band | ₹693 |
| Lot Size | 21 Shares |
| Total Issue Size | ₹1450.00 Cr(₹1,255.57 Cr) |
| Fresh Issue | 72.15L shares (₹500 Cr) |
| Offer for Sale (OFS) | ₹950 Cr (approx 2.74 Cr shares) |
| Issue Type | Book Built Issue IPO |
Paras Healthcare IPO Timetable
| IPO Open Date | 21 Oct 2026 |
| IPO Close Date | 23 Oct 2026 |
| Basis of Allotment | 26 Oct 2026 |
| Initiation of Refunds | 27 Oct 2026 |
| Credit of Shares to Demat | 27 Oct 2026 |
| Listing Date | 28 Oct 2026 |
| Cut-off time for UPI Mandate | 5 PM on 23 Oct 2026 |
| Employee Discount | ₹20.00/share (Up to 52,083 shares) |
Paras Healthcare IPO Reservation
| Category | Reservation | Shares Offered |
|---|---|---|
| QIB Shares Offered | 75.00% | 1,56,92,640 |
| HNI Shares Offered | 15.00% | 31,38,528 |
| Retail Shares Offered | 10.00% | 20,92,352 |
| Total Shares Offered | 100.00% | 2,09,23,520 |
Paras Healthcare Anchor Details
Paras Healthcare IPO Lot Size
| Application | Lots | Shares | Amount (Cut-off) | Reserved Applications |
|---|---|---|---|---|
| Retail (Min) | 1 Lot | Shares | ₹14,553 | – |
| Retail (Max) | 13 Lots | Shares | ₹1,89,189 | – |
| S-HNI (Min) | 14 Lots | Shares | ₹2,03,742 | – |
| S-HNI (Max) | 68 Lots | Shares | ₹9,89,604 | – |
| B-HNI (Min) | 69 Lots | Shares | ₹10,04,157 | – |
Paras Healthcare Promoter Holding
| Pre-Issue Holding | Disclosed in RHP |
| Post-Issue Holding | To be calculated |
Paras Healthcare IPO Live Subscription Status
Bidding demand breakdown by shares, institutional demand in ₹ Cr, applications & HNI funding cost| Investor Category | Shares Offered | Shares Bidded | Subscription Times |
|---|
Paras Healthcare Limited Financial Information (Restated Consolidated in ₹ Crores)
| Period Ended | Assets | Total Income | Profit After Tax | EBITDA | Net Worth | Total Borrowing |
|---|---|---|---|---|---|---|
| 30 Jun 2026 | ₹2202.88 Cr | ₹478.75 Cr | ₹49.68 Cr | ₹113.48 Cr | ₹444.96 Cr | ₹1429.49 Cr |
| 31 Mar 2026 | ₹2071.14 Cr | ₹1628.78 Cr | ₹43.83 Cr | ₹335.58 Cr | ₹394.94 Cr | ₹1393.86 Cr |
| 31 Mar 2025 | ₹1810.45 Cr | ₹1314.21 Cr | ₹-57.98 Cr | ₹156.46 Cr | ₹280.49 Cr | ₹1232.12 Cr |
| 31 Mar 2024 | ₹1477.66 Cr | ₹1151.02 Cr | ₹-15.33 Cr | ₹154.41 Cr | ₹338.51 Cr | ₹923.92 Cr |
Paras Healthcare Key Valuation & Financial KPIs
Paras Healthcare IPO Analysis
Review the company's key advantages and material business risks.
Strengths & Positives
Competitive advantages and operational merits
Paras Healthcare Limited was incorporated in 1987 and operates a network of eight hospitals with an aggregate bed capacity of 2,211 beds as of June 30, 2026, across five states and one union territory in North India, Bihar and Jharkhand under the 'Paras Health' brand.
The company is a clinical specialty-led hospital platform focused on tertiary and quaternary care, with deep capabilities across cardiac sciences, oncology, neuro sciences, gastro sciences, orthopedics and renal sciences (collectively, CONGOR), which together contributed over 70% of revenue from operations in recent periods.
Largest Healthcare Provider with First-Mover Advantage: The company is one of the largest healthcare providers in North India, Bihar and Jharkhand by bed capacity, with 2,211 beds across eight hospitals as of June 30, 2026, several of which were first corporate hospital entrants in their respective markets.
Strong Focus on Tertiary and Quaternary Care: CONGOR specialties, comprising cardiac, oncology, neuro, gastro, orthopedics and renal sciences, accounted for 74.70%, 71.92% and 72.34% of revenue from operations in Fiscals 2026, 2025 and 2024, respectively, supported by dedicated ICU infrastructure and transplant programs.
Capital-Efficient and Flexible Operating Model: The company operates hospitals through a mix of owned, leased, revenue-share and public-private partnership structures, enabling disciplined, capital-efficient expansion with a capital expenditure per bed of ₹7.70 million as of June 30, 2026.
History of Losses: The company incurred consolidated losses of ₹(10.24) million, ₹(579.83) million and ₹(153.31) million in the three months ended June 30, 2025 and Fiscals 2025 and 2024, respectively, and there is no assurance that profitability achieved in Fiscal 2026 will continue.
Subsidiary Losses: Subsidiaries PHRPL and PMHPL together incurred losses of ₹(203.82) million, ₹(520.89) million, ₹(822.38) million and ₹(872.69) million in the three months ended June 30, 2025 and Fiscals 2026, 2025 and 2024, as their hospitals continue to scale up operations.
High Attrition Among Healthcare Staff: The company experienced attrition rates of 12.01%, 16.09%, 60.38%, 66.74% and 65.27% among doctors, nurses and other staff in the relevant periods, and failure to manage attrition could adversely affect service quality and operations.
About Paras Healthcare Limited
Paras Healthcare IPO is a book build issue of ₹1,450.00 crores. The issue is a combination of fresh issue of 72.15 lakh shares aggregating to ₹500.00 crores and offer for sale of 1.37 crore shares aggregating to ₹950.00 crores.Paras Healthcare IPO opens for subscription on Oct 21, 2026 and closes on Oct 23, 2026. The allotment for the Paras Healthcare IPO is expected to be finalized on Oct 26, 2026. Paras Healthcare IPO will list on NSE and BSE with a tentative listing date fixed as Oct 28, 2026.Paras Healthcare IPO is set issue price band at ₹660 to ₹693 per share. The lot size for an application is 21 shares. The minimum amount of investment required by an individual investor (retail) is ₹14,553 (21 shares) (based on upper price).JM Financial Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.Refer to Paras Healthcare IPO RHP for detailed Information.
Shariah Compliance Screening (AAOIFI Standard 21)
Paras Healthcare IPO Documents & Reports
Official prospectus, reports and regulatory filings| Document Title | Authority / Host | Status | Action |
|---|---|---|---|
Red Herring Prospectus (RHP) Complete offer document filed with ROC & SEBI | SEBI / ROC | Available | Pending |
Draft Red Herring Prospectus (DRHP) Initial regulatory draft submitted for public comments | SEBI Filings | Filed | View DRHP |
Anchor Investor Allocation Report Allotment list to institutional bidders | BSE / NSE Circular | N/A | Not Applicable |
IPO Allotment Status & Basis of Allotment Registrar query portal via PAN / Application No. | MUFG Intime India Pvt.Ltd. | Live Portal | Check Allotment |
Corporate Website & Investor Relations Official portal and financial reports | Issuer Portal | Active | Visit Portal |
Paras Healthcare IPO Registrar & Lead Managers
- JM Financial Ltd.
- BOFA Securities India Ltd.
- Nuvama Wealth Management Ltd.
1 st Floor, Tower B,Paras Twin Towers,Golf Course Road, Sector 54,Gurugram, Haryana, 122002
Paras Healthcare IPO FAQs
What is IPO GMP, and does it guarantee a listing gain?
Grey market premium is an unofficial price indication outside the exchange. It can change quickly and does not guarantee the exchange listing price, liquidity or a profit. Read it alongside the prospectus, valuation, financials and risks.
How do I check Paras Healthcare IPO allotment status?
Open the individual IPO report and check its allotment update and registrar details. Confirm your application outcome through the official registrar or exchange service. A scheduled allotment date is not confirmation that allotment has been declared.
What does IPO subscription mean?
Subscription compares shares bid for with shares offered in a category. For example, 2 times subscription means bids for twice the available shares in that category. Retail, institutional and other categories can have different demand; subscription alone does not establish investment quality.
How is an indicative IPO listing price calculated from GMP?
A commonly used illustration adds reported GMP to the issue price, or upper price band before the final price is known. It is a sentiment illustration, not an exchange quote or reliable forecast. Missing GMP should not be interpreted as zero.
Where can I find IPO dates, price bands and lot sizes?
The individual IPO report brings together available issue dates, price bands, lot sizes, subscription and company details. Check the final prospectus and exchange announcements before applying because issue terms can change.