Bookbuilding IPO | ₹[.] Cr | Listing at BSE, NSE |
SEBI has approved the Initial Public Offer (IPO) of Paras Healthcare Ltd. on October 18, 2025. The company will proceed with next steps to launch the Initial Public Offer (IPO) subject to market conditions and other approvals. The SEBI approval is valid for 12 months.
Paras Healthcare Ltd. IPO is a Book Build Issue
The equity shares are proposed to be listed on NSE and BSE. ICICI Securities Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Paras Healthcare IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹1 per share |
| Price Band | |
| Lot Size | |
| Sale Type | OFS only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Wed, Jul 31, 2024 |
| SEBI/Exchange approval received | Fri, Oct 18, 2024 |
| SEBI approval expired | Sat, Oct 18, 2025 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Offer |
| Retail Shares Offered | Not less than 35% of the Offer |
| NII Shares Offered | Not less than 15% of the Offer |
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.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 1,477.66 | 1,293.10 | 963.53 |
| Total Income | 1,151.02 | 936.05 | 793.17 |
| Profit After Tax | -15.33 | -42.79 | -14.81 |
| NET Worth | 338.51 | 30.11 | 73.11 |
| Reserves and Surplus | 328.75 | 26.43 | 69.43 |
| Total Borrowing | 547.53 | 394.68 | 213.95 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Prepayment or scheduled re-payment of a portion of certain outstanding borrowings availed by the Company. | 217.96 |
| 2 | Investment in our Subsidiaries, Paras Healthcare (Ranchi) Private Limited and Plus Medicare Hospitals Private Limited, in the form of debt or equity for repayment/prepayment of borrowings, in full or part, of such Subsidiaries. | 82.04 |
| 3 | General corporate purposes. |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees payable to the Book Running Lead Managers and commissions (including underwriting commission, brokerage and selling commission). | |
| 2 | Selling commission payable to SCSBs for Bids directly procured by them and processing fees payable to SCSBs for Bids (other than Bids submitted by UPI Bidders) procured by the members of the Syndicate, the Registered Brokers, CRTAs or CDPs and submitted to SCSBs for blocking, Bankers to the Offer, fees payable to the Sponsor Banks for Bids made by RIBs. | |
| 3 | Selling commission and uploading charges payable to members of the Syndicate (including their Sub-Syndicate Members), RTAs, CDPs and Registered Brokers. | |
| 4 | Processing fees payable to the Sponsor Banks. | |
| 5 | Fees payable to Registrar to the Offer. | |
| 6 | Printing and stationery expenses. | |
| 7 | Advertising and marketing expenses. | |
| 8 | Listing fees, SEBI fees, BSE and NSE processing fees, book-building software fees, and other regulatory expenses. | |
| 9 | Fees payable to the other parties to the Offer, including, Statutory Auditors, Independent Chartered Accountant, industry expert and legal counsels. | |
| 10 | Miscellaneous. |
Paras Healthcare IPO is a main-board IPO of 0 equity shares of the face value of ₹1 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Paras Healthcare IPO open and close dates are not available as of now.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Paras Healthcare IPO using UPI as a payment gateway. Zerodha customers can apply in Paras Healthcare IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Paras Healthcare IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Paras Healthcare IPO dates are not announced. Please check back again after some time.
Paras Healthcare IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Paras Healthcare IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Paras Healthcare IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Paras Healthcare IPO allotment status.
The Paras Healthcare IPO listing date is not yet announced. The tentative date of listing is .
