The Paras Healthcare IPO will open on 21-October-2026. It will close on 23-October-2026. The Total IPO Size is ₹1,450 Crores. The company has fixed the Paras Healthcare IPO price band at ₹660 to ₹693 per share.
There are three basic categories in Paras Healthcare IPO Subscription: 1) Qualified Institutional Buyers, 2) Non-Institutional Investors, and 3) Retail Investors.
Paras Healthcare Limited is a clinical specialty-led healthcare provider offering tertiary and quaternary healthcare services under the Paras Health brand. The company operates hospitals across North India, Bihar and Jharkhand and focuses on specialties including cardiac sciences, oncology, neurosciences, gastro sciences, orthopedics and sports injury, and renal sciences.
As of 31-March-2026, Paras Healthcare operated eight hospitals with an aggregate capacity of 2,211 beds across Gurugram, Panchkula, Patna, Darbhanga, Kanpur, Udaipur, Ranchi and Srinagar. The company plans to expand its hospital network with a 300-bed hospital in Gurugram and a 500-bed hospital in Ludhiana, taking its expected total bed capacity to approximately 3,011 beds by March 2028.
Paras Healthcare IPO Promoters
Dr. Dharminder Kumar Nagar is the promoter of Paras Healthcare Limited. The promoter held approximately 72.8% of the company before the IPO, according to available offer-document information.
Paras Healthcare IPO Date, Details & Price Band
The Paras Healthcare IPO Price Band, IPO Dates, Market Lot and other important details are mentioned in the table below.
| IPO Opening Dates | 21-October-2026 |
| IPO Closing Dates | 23-October-2026 |
| Price Band | ₹660-693 per share |
| Fresh Issue | ₹500 Crores |
| Offer for Sale | ₹950 Crores |
| Total IPO Size | ₹1,450 Crores |
| Face Value | ₹1 per share |
| Issue Type | Book Built Issue |
| Listing On | NSE, BSE |
| Market Cap | Approx. ₹7,498 Crores |
The Paras Healthcare IPO comprises a ₹500 crore fresh issue and an offer for sale of ₹950 crore, aggregating to ₹1,450 crore. The equity shares are proposed to be listed on both the NSE and BSE.
Paras Healthcare IPO Market Lot
The Paras Healthcare IPO minimum market lot is 21 shares. At the upper price band of ₹693 per share, the minimum application amount is ₹14,553.
| Lot | No of Shares | Amount | |
| Retail Minimum | 1 | 21 | ₹14,553 |
| Retail Maximum | 13 | 273 | ₹1,89,189 |
| S-HNI Minimum | 14 | 294 | ₹2,03,742 |
| S-HNI Maximum | 67 | 1,407 | ₹9,75,051 |
| B-HNI Minimum | 68 | 1,428 | ₹9,89,604 |
Paras Healthcare IPO: Object of the Issue
The company proposes to utilise the proceeds from the fresh issue primarily for debt-related purposes and general corporate purposes.
- Prepayment or scheduled repayment, in full or part, of certain outstanding borrowings availed by the company.
- Investment in its wholly owned subsidiary, Paras Medicare Hospital Private Limited (PMHPL), for repayment or prepayment of borrowings related to the Srinagar hospital.
- General corporate purposes.
The company had proposed using a substantial portion of the fresh issue proceeds toward reducing debt, including borrowings at the subsidiary level.
Restated Consolidated Financial Information (Amt. in Crore)
| Total Assets | Total Revenue | Profit After Tax | |
| 31-Mar-26 | 2,071.14 | 1,628.78 | 43.83 |
| 31-Mar-25 | 1,810.45 | 1,314.21 | -57.98 |
| 31-Mar-24 | 1,477.66 | 1,151.02 | -15.33 |
Paras Healthcare’s consolidated revenue increased to approximately ₹1,628.78 crore in FY2026 from ₹1,314.21 crore in FY2025, while the company reported a profit after tax of ₹43.83 crore in FY2026 compared with losses in the preceding two years.
Paras Healthcare IPO GMP & Grey Market Premium
The Paras Healthcare IPO GMP (Grey Market Premium) is being tracked in the unofficial grey market. Check the latest Paras Healthcare IPO GMP, Kostak Rates and Subject to Sauda Price here.
Note: IPO GMP is an unofficial market indicator and is not regulated or guaranteed by SEBI, NSE or BSE. GMP can change frequently before listing. As of 16-October-2026, available market trackers were reporting GMP around ₹83–₹97 per share.
Paras Healthcare IPO Prospectus
The Paras Healthcare IPO Prospectus is available through the company’s offer documents and regulatory filings. Please click here to download the Paras Healthcare IPO Prospectus.
| DRHP | Download |
| RHP | Available Soon |
| Anchor Investors List | Available Soon |
Paras Healthcare IPO Allotment Date & Details
| Allotment Date | 26-October-2026 |
| Initiation of refunds | 27-October-2026 |
| Transfer of shares to Demat accounts | 27-October-2026 |
| Listing Date | 28-October-2026 |
| Check Allotment Status | Click here after allotment is finalized |
The tentative IPO schedule indicates allotment on 26-October-2026 and listing on 28-October-2026 on the NSE and BSE.
Registrar of Paras Healthcare IPO
MUFG Intime India Private Limited
The Registrar to the Paras Healthcare IPO is MUFG Intime India Private Limited. The registrar will be responsible for processing IPO applications, allotment and refund-related activities.
Paras Healthcare Contact Details
Paras Healthcare Limited
Gurugram, Haryana, India
Website: www.parashealthcare.com
Paras Healthcare IPO Lead Managers
JM Financial Limited
BofA Securities India Limited
Nuvama Wealth Management Limited
These three investment banking firms are the book-running lead managers for the Paras Healthcare IPO.
Paras Healthcare IPO Important Highlights
- IPO Open Date: 21-October-2026
- IPO Close Date: 23-October-2026
- Price Band: ₹660–₹693 per share
- Issue Size: ₹1,450 Crores
- Fresh Issue: ₹500 Crores
- Offer for Sale: ₹950 Crores
- Lot Size: 21 Shares
- Minimum Investment: ₹14,553
- Listing: NSE & BSE
- Allotment Date: 26-October-2026
- Listing Date: 28-October-2026
- Registrar: MUFG Intime India Private Limited
- Lead Managers: JM Financial, BofA Securities India and Nuvama Wealth Management