Paras Healthcare Limited IPO
21 Oct 2026 – 23 Oct 2026
Issue Details
- Price Band
- ₹660 – ₹693
- Lot Size
- 21 shares
- Min Investment
- ₹14,553 (1 lot · 21 shares)
- Face Value
- ₹1
- Fresh Issue
- ₹500 Cr (to the company)
- Offer for Sale
- ₹950 Cr (to selling holders)
- Issue Size
- Initial Public Offer comprising of Fresh Issue aggregating upto Rs. 5000 million and Offer for Sale aggregating upto Rs. 9500 million
- Registrar
- MUFG Intime India Private Limited ↗
Timetable
GMP History
Latest GMP ₹96 · Last updated 17 Oct 2026, 9:21 pm IST
| Date | GMP | GMP % | Change | Est. Listing | Updated (IST) |
|---|---|---|---|---|---|
| 17 Oct | ₹96 | +13.9% | +₹1 | ₹789 | |
| 16 Oct | ₹95 | +13.7% | — | ₹788 |
Subscription
Subscription figures appear once bidding opens.
Financials
All values in ₹ crore
About Paras Healthcare
Incorporated in1987, Paras Health is a healthcare provider operating a network of hospitals across North India, Bihar, and Jharkhand. As of March 31, 2024, Paras Health had an aggregate bed capacity of 2,135 beds, making it the fifth-largest healthcare provider in terms of bed capacity among its peers in these regions. The company operates eight hospitals under the "Paras Health" brand, located in Gurugram and Panchkula (Haryana), Patna and Darbhanga (Bihar), Kanpur (Uttar Pradesh), Udaipur (Rajasthan), Ranchi (Jharkhand), and Srinagar (Jammu and Kashmir, UT). Paras Health expanded its bed capacity from 1,250 beds in March 2022 to 2,135 beds in March 2024. As of March 31, 2024, the company had a medical team comprising 1,091 doctors and 1,509 nurses across its hospitals.
As published in the company's own offer documents.
Lead Managers
- JM Financial Limited
- BofA Securities India Limited
- Nuvama Wealth Management Limited
Offer details
Application sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min)one lot, the smallest bid allowed | 1 | 21 | ₹14,553 |
| Retail (max)most that stays under ₹2L | 13 | 273 | ₹1,89,189 |
| S-HNI (min)first bid over ₹2L | 14 | 294 | ₹2,03,742 |
| S-HNI (max)most that stays under ₹10L | 68 | 1,428 | ₹9,89,604 |
| B-HNI (min)first bid over ₹10L | 69 | 1,449 | ₹10,04,157 |
Priced at the top of the band, which is what a cut-off bid pays. Retail ends at ₹2,00,000 and S-HNI at ₹10,00,000; these are SEBI's limits, not the issuer's.
Issue mechanics
- Issue Type
- Book Building
- Minimum Order
- 21 Equity Shares
- Categories
- FI, IC, MF, FII, OTH, CO, IND, NOH
- UPI Eligible
- IND (upto 5 Lakhs)
- Max Bid (Retail)
- Rs. 2,00,000
- Tick Size
- Re. 1
- Bidding Hours
- 10.00 a.m. to 5.00 p.m.
- UPI Mandate Cut-off
- 23-Oct-2026 (upto 5:00 PM) The new cut-off time for UPI mandate acceptance is 05:00 PM on last day of IPO bidding. Further bids with confirmed status of mandate amount blocked (RC100) shall be considered as valid applications and hence, investors are advised to submit their UPI applications in IPO well in advance to avoid any last minute technical/systemic constraints that may hamper their ability
- Sponsor Bank
- ICICI Bank Limited and HDFC Bank Limited
Registrar
- Name
- MUFG Intime India Private Limited
- Address
- C-101, Embassy 247, L B S Marg, Vikhroli (West), Mumbai 400 083, Maharashtra, India
- Contact
- Shanti Gopalkrishnan, Tel: +91 810 811 4949, parashealthcare.ipo@in.mpms.mufg.com
Documents
- Red Herring ProspectusThe full offer documentPDF
- Basis of Issue PriceHow the band was arrived atPDF
- Application FormThe blank ASBA form, as filedPDF
- Bidding CentresWhere a physical form can be handed inPDF
- Security ParametersTick size, lot and limits as filed with the exchangePDF
Published by NSE as ZIP archives; opened here as the PDF inside.
Collected from NSE and public sources. Always confirm against the prospectus before applying.
In the news
Headlines from The Economic Times, matched to this company by name. Reproduced as published — not our reporting, and not investment advice. More IPO news
Frequently Asked Questions
What is the GMP of Paras Healthcare Limited IPO today?
The latest grey market premium for Paras Healthcare Limited IPO is ₹96. GMP is unofficial and indicative only — it is not a guarantee of listing price.
What is the price band of Paras Healthcare Limited IPO?
The price band is ₹660 – ₹693, with a lot size of 21 shares. The minimum investment is ₹14,553.
When does Paras Healthcare Limited IPO open and close?
The issue opens on 21 Oct 2026 and closes on 23 Oct 2026. Listing is expected on 28 Oct 2026.
Who is the registrar for Paras Healthcare Limited IPO?
MUFG Intime India Private Limited is the registrar. Allotment status can be checked on the registrar's website once allotment is finalised.