Paras Healthcare Limited

We are a clinical specialty-led hospital platform providing tertiary and quaternary healthcare services through a network of eight hospitals with an aggregate bed capacity of 2,211 beds as of June 30, 2026 across North India, Bihar and Jharkhand. We operate under the "Paras Health" brand, with a presence in five states and one union territory - Gurugram and Panchkula in Haryana; Patna and Darbhanga in Bihar; Kanpur in Uttar Pradesh; Udaipur in Rajasthan; Ranchi in Jharkhand; and Srinagar in the union territory of Jammu and Kashmir.

We have a committed pipeline for expansion of our network, with the planned addition of a hospital with a bed capacity of 300 beds in Gurugram and a hospital with a capacity of 500 beds in Ludhiana, which we intend to launch by Fiscal 2027 and Fiscal 2028, respectively. We expect to increase our total bed capacity across our hospitals to 3,011 beds by March 31, 2028.

Over our 20-year operating history, we have developed specialty clusters within our hospitals through investments in advanced clinical infrastructure, skilled medical talent and standardized care protocols. Our hospitals are designed to deliver high-acuity care and offer treatments across a broad spectrum of clinical specialties, with a deep focus on cardiac sciences, oncology sciences, neuro sciences, gastro sciences, orthopedics and sports injury, and renal sciences (collectively, “CONGOR”). These CONGOR specialties accounted for 74.35%, 75.30%, 74.70%, 71.92% and 72.34% of our revenue from operations in the three months period ended June 30, 2026 and June 30, 2025, and Fiscals 2026, 2025 and 2024, respectively. As of June 30, 2026, we had 1,084 doctors and 1,937 nurses across our hospital network.

Over the three months period ended June 30, 2026 and the last three Fiscals, on a consolidated basis, we have demonstrated strong growth driven by an increase in patient volumes across our hospitals.

IPO Date

21 Oct 2026 – 23 Oct 2026

Face Value

₹1

Price Band

₹660–₹693

Lot Size

21 shares

Total Issue Size

—Not observed

Fresh Issue Size

—Not observed

Offer for Sale Size

—Not observed

Retail Portion

21,96,969 sharesShares offered, as recorded by the exchange

Issue Type

—Not observed

Listing At

BSE, NSE

Amounts in Cr are calculated at the upper price band. Equity-share counts are shown in parentheses. Missing values remain unreported.

Calculated at the upper price band. Retail bids are up to ₹2 lakh, small non-institutional bids above that up to ₹10 lakh, and big non-institutional bids above ₹10 lakh.

Shares

21

Application amount

₹14,553

1 lots × 21 shares × the top of ₹660–₹693. This calculates application size; it does not recommend applying.

The last reading in each 15-minute interval, including each day's final reading. Exchanges and categories stay separate. Lines stop across days, source changes and gaps over 20 minutes.

Last accepted reading for each IST day and category. Readings are not labelled final unless confirmed by the source.

Objects of the IPO

Verified objects of this IPO have not yet been recorded.

Read the objects in the original prospectus