About Paras Healthcare Ltd IPO
Paras Healthcare IPO is a book built issue of Rs 1,450.00 crores. The issue is entirely a fresh issue and offer for sale not yet announced. The Paras Healthcare IPO subscription opens on Oct 21, 2026 and closes on Oct 23, 2026, with the basis of allotment expected to be finalised on Oct 26, 2026. The Paras Healthcare IPO shares are scheduled to list on NSE & BSE with a tentative listing date fixed for Oct 28, 2026. The Paras Healthcare IPO price band Yet To be announced. JM Financial Ltd, BOFA Securities India Ltd, Nuvama Wealth Management Ltd is the book-running lead manager, while MUFG Intime India Pvt.Ltd. is the registrar of the issue; for detailed information, refer directly to the official Paras Healthcare IPO for RHP.
Dr. Dharminder Kumar Nagar is the company's promoter and a key figure behind the hospital network, while investors including Creador and 360 ONE are also associated with the business. The Paras Healthcare IPO fresh issue proceeds will go to the company, while the OFS proceeds will go to the shareholders selling their shares.
About Paras Healthcare Ltd.
Incorporated in 1987, Paras Healthcare Limited operates a hospital network under the Paras Health brand, providing specialised tertiary and quaternary healthcare services across North India, Bihar and Jharkhand. As of June 30, 2026, the Company operated eight hospitals with a combined capacity of 2,211 beds across Gurugram, Panchkula, Patna, Darbhanga, Kanpur, Udaipur, Ranchi and Srinagar.
The Company focuses on cardiac sciences, oncology, neurosciences, gastro sciences, orthopaedics and sports injury, and renal sciences, collectively known as CONGOR specialties. These specialties contributed 75.30% of the Company's revenue in Fiscal 2026. With over 20 years of operating experience, Paras Healthcare follows a growth strategy that balances established hospitals with emerging facilities and new projects.
The Company plans to expand its network by adding a 300-bed hospital in Gurugram and a 500-bed hospital in Ludhiana. These projects are expected to increase its total bed capacity to 3,011 by March 2028.
As of March 31, 2026, Paras Healthcare had 4,670 employees, including 1,084 doctors and 1,937 nurses, supporting its clinical and hospital operations.
Paras Healthcare IPO is a book built issue of Rs 1,450.00 crores. The issue is entirely a fresh issue and offer for sale not yet announced. The Paras Healthcare IPO subscription opens on Oct 21, 2026 and closes on Oct 23, 2026, with the basis of allotment expected to be finalised on Oct 26, 2026. The Paras Healthcare IPO shares are scheduled to list on NSE & BSE with a tentativ
Paras Healthcare IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 75% | -- |
| Non-Institutional Investors (NIIs) | 15% | -- |
| Retail Individual Investors (RIIs) | 10% | -- |
Paras Healthcare IPO Strengths & Weaknesses
Established hospital network across North India, Bihar and Jharkhand.
Eight hospitals with a combined capacity of 2,211 beds.
Paras Health brand supported by an established operating history.
Focus on specialised, high-acuity CONGOR medical services.
Balanced network of mature, emerging and new hospitals.
Focus on improving hospital occupancy and operational efficiency.
Experienced medical and nursing workforce.
Planned expansion to 3,011 beds by March 2028.
Clinical infrastructure and standardised care protocols.
Recent losses may continue, and future profitability is not guaranteed.
Dependence on skilled doctors, nurses and other healthcare professionals may affect service delivery and expansion.
Regulatory changes and pharmaceutical pricing restrictions could increase costs or affect financial performance.
Reliance on in-patient revenue and occupancy levels exposes earnings to changes in patient volumes.
Non-exclusive arrangements with doctors may create operational risks if key professionals leave.
Paras Healthcare IPO Important Dates & Issue Details
| Allotment Date | Listing Date | Refund Date |
|---|---|---|
| 26 Oct '26 | 28 Oct '26 | 27 Oct '26 |
| Issue Composition: | |
|---|---|
| Face Value | ₹1 per share |
| Total Issue Size | 0 shares (aggregating up to To be announced) |
| Fresh Issue | 0 shares (aggregating up to To be announced) |
| Offer for Sale | 0 shares of ₹1 (aggregating up to To be announced) |
| Issue Type | Book Building IPO |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | 72.8 shares |
| Post-Issue Shareholding | 0 shares |
Paras Healthcare IPO Lot Size and Investment Details
| Minimum Lot Size | -- |
| Maximum Lot Size (Retail) | -- |
The lot size of Paras Healthcare ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for Paras Healthcare IPO
- Log in to your Choice account
- Select IPO
- Enter the number of lots and your price
- Verify UPI ID
- Complete the transaction on your UPI app
Paras Healthcare IPO Contact & Registrar Details
Contact Details
Address
1 st Floor, Tower B, Paras Twin Towers, Golf Course Road, Sector 54, Gurugram
Phone Number
Registrar Details
Registrar Name
MUFG Intime India Pvt.Ltd.
Phone Number
Paras Healthcare Lead Manager(s)
| Book Running Lead Manager(s) |
|---|
| JM Financial Ltd | BofA Securities India Ltd | Nuvama Wealth Management Ltd |



