IPO Snapshot
 
Paras Healthcare Ltd.
Issue Open Date 21-Oct-26  
Issue Closing Date 23-Oct-26  
Application Money 100  
Allotment Money  
Price Band 660 - 693  
Minimium Application No. 21  
Issue Size (Shares) 20923520  
Market Lot 1  
Objective
1. Prepayment or scheduled re-payment, in full or part, of certain outstanding borrowings availed by our Company2. Investment in our wholly owned Subsidiary, PMHPL (which also operates our hospital in Srinagar), for repayment/prepayment of borrowings, in full or part, of PMHPL3. General corporate purposes
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors        
Qualified Institutional Buyers        
Retail Individual Investors        
Business Description:
We are the fifth largest healthcare provider in terms of bed capacity in North India, Bihar and Jharkhand among our Peers, with an aggregate of 2,135 beds, as of March 31, 2024. (Source: CRISIL Report) We have eight hospitals that we operate under the “Paras Health” brand, which are spread across five states and one union territory in North India – Gurugram and Panchkula in Haryana; Patna and Darbhanga in Bihar; Kanpur, Uttar Pradesh; Udaipur, Rajasthan; Ranchi, Jharkhand; and Srinagar in the union territory of Jammu and Kashmir. Our core focus is on providing specialized tertiary medical care in Tier 2 and 3 cities, while seeking to strike a balance between providing quality healthcare services and affordability. We offer several clinical specialties across our hospitals including cardiac sciences, oncology, neuro sciences, gastro sciences and orthopedics and joint replacement. We have established centres of excellence across our hospitals, where we provide clinical specialties and these centres have been instrumental in launching new programs including organ transplant programs. Our extensive 18 years of experience in the healthcare industry in North India has helped us develop a strong understanding of the region’s market dynamics. This, along with our flexible operating model have enabled us to build an asset light business with strong unit economics.
Promoter's Holding
Total Share Capital   73519240  
Offered to Public   20923520  
Promoter's Holding (Pre-Issue)   75.32  
Promoter's Holding (Post-Issue)    
Address
1st Floor
Tower- B
Paras Twin Towers
Golf Course Road
Sector-54
Gurugram ,
Haryana ,
122002
Phone : 0124-4302163
Email : cs@parashospitals.com
Website : www.parashospitals.com
Registrar
MUFG Intime India Pvt Ltd.
C 101
247 Park
LBS Marg
Vikhroli (West)
Mumbai
Listed at
BSE, NSE
Lead Manager
BofA Securities India Ltd.
JM Financial Ltd.
Nuvama Wealth Management Ltd.
Promoters
Dharminder Kumar Nagar