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Paras Healthcare IPO

Paras Healthcare IPO

Paras Healthcare IPO

Overview

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.

Total Shares

2,09,23,520

Issue Size

₹1,450 Cr

Price Band

₹660 – ₹693

Lot Size

21 shares

Min. Investment

₹14,553

Max. Investment

₹1,89,189

Open Date

21 Oct, 2026

Close Date

23 Oct, 2026

Allotment

26 Oct, 2026

Listing

28 Oct, 2026

Announced

21 Oct, 2026

Opening Date

21 Oct, 2026

Closing Date

23 Oct, 2026

Basis of Allotment

26 Oct, 2026

Initiation of Refunds

27 Oct, 2026

Credit of Shares

27 Oct, 2026

Listing Date

28 Oct, 2026

Live GMP

Est. Listing: ₹788

₹95

Apply via UPI in 5 minutes

Choose your broker • Zero commission on IPO

About Paras Healthcare IPO

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,

Paras Healthcare IPO Share Price

Issue Breakdown

Total Issue2,09,23,520 shares₹1,450 Cr
Fresh Issue72,15,007 shares₹500 Cr
Offer for Sale1,37,08,513 shares₹950 Cr

Shareholding

Pre-Issue10,09,86,187
Post-Issue10,82,01,194

Dilution: 7.1% increase in shares

Paras Healthcare IPO Financial Health

Paras Healthcare Ltd.'s revenue increased by 24% and profit after tax (PAT) rose by 176% between the financial year ending with March 31, 2026 and March 31, 2025.

Paras Healthcare IPO Lot Size

Investors can bid for a minimum of 21 shares and in multiples thereof.

ApplicationLotsSharesAmount
Retail (Min)121₹14,553
Retail (Max)13273₹1,89,189
S-HNI (Min)14294₹2,03,742
S-HNI (Max)681428₹9,89,604
B-HNI (Min)691449₹10,04,157

(All values in CR)

Paras Healthcare IPO Valuations

MetricValue
ROE11.83
ROCE4.23
Debt/Equity3.21
RoNW11.83
PAT Margin10.38
EBITDA Margin23.70
NAV44.06
P/B (x)15.73

(All values in CR)

Paras Healthcare IPO Strength & Risk

+Strengths

Paras Healthcare IPO Strength

  • Established hospital network across North and East India.

  • Specialised healthcare services, including cardiac care and oncology.

  • Strong revenue growth in recent financial years.

  • Returned to profitability in FY26.

  • Improving hospital bed occupancy.

  • Growing demand for advanced healthcare services.

!Risks

Paras Healthcare IPO Risk

  • High debt burden and finance costs.

  • High employee attrition, including medical staff.

  • Revenue concentration in North India.

  • Profitability sustainability remains a concern.

  • Losses at certain subsidiaries.

  • Dependence on government healthcare schemes and delayed payments.

Paras Healthcare IPO GMP

Paras Healthcare IPO last recorded Grey Market Premium (GMP) is ₹95, updated on Oct 16, 2026 10:02:01 AM. With an upper price band of ₹693.00, the estimated listing price for Paras Healthcare IPO is ₹788 (cap price + today's GMP). This indicates an expected listing gain for Paras Healthcare IPO of 13.71%. • Paras Healthcare IPO Retail Subject to Sauda: ₹1500 • Paras Healthcare IPO Small HNI Subject to Sauda: ₹21000 During this period, the premium has fluctuated between a low of ₹83.00 and a high of ₹95.00.

+₹950

Last updated 16 Oct, 2026 · Source: aggregated grey-market dealers

DateIPO PriceGMPSub2 SaudaEst. ListingEst. ProfitUpdated
16 Oct, 20260₹95-₹788 (13.71%)199516 Oct, 2026
15 Oct, 20260₹95▲-₹788 (13.71%)199515 Oct, 2026
14 Oct, 20260₹83-₹83 (0.00%)-14 Oct, 2026

Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.

How to Apply for Paras Healthcare IPO

1

Login to Your Trading App

Open Zerodha, Upstox, Groww, Angel One, or any brokerage app.

2

Go to IPO Section

Find Paras Healthcare IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).

3

Enter UPI ID and Submit

Provide your UPI ID linked to your bank account and submit the application.

4

Approve Mandate on UPI App

Open your UPI app (Google Pay, PhonePe, Paytm, BHIM) and approve the IPO payment request.

5

Application Confirmed

Your funds will be blocked in your account until the IPO allotment process is completed.

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