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Paras Healthcare IPO | Key Dates, Price Band and Lot Size
Author
Shoonya Team
Paras Healthcare Limited is launching a ₹1,450 crore IPO, opening for subscription on October 21, 2026, and closing on October 23, 2026. The shares are proposed to be listed on the BSE and NSE, with a tentative listing date of October 28, 2026.
The Paras Healthcare IPO price band is ₹660–₹693 per share, while the minimum lot size is 21 shares. Retail investors need to invest at least ₹14,553 for one lot at the upper price band. In comparison, sNII investors must apply for at least 294 shares worth ₹2,03,742, while bNII investors must apply for at least 1,449 shares worth ₹10,04,157.
The IPO comprises a fresh issue of 72,15,007 shares worth ₹500 crore and an offer for sale of 1,37,08,513 shares worth ₹950 crore.
Here are the key details of the Paras Healthcare IPO!
Paras Healthcare Limited | IPO Details
| Detail | Information |
|---|---|
| IPO Opening Date | October 21, 2026 |
| IPO Closing Date | October 23, 2026 |
| Tentative IPO Listing Date | October 28, 2026 |
| Face Value | ₹1 per share |
| Price Band | ₹660 – ₹693 per share |
| Lot Size | 21 shares |
| Total Issue Size | 2,09,23,520 shares, aggregating to ₹1,450 crore |
| Fresh Issue | 72,15,007 shares, aggregating to ₹500 crore |
| Offer for Sale (OFS) | 1,37,08,513 shares, aggregating to ₹950 crore |
| Sale Type | Fresh Issue and Offer for Sale |
| IPO Segment | Main Board, Book-Building IPO |
| Listing At | BSE, NSE |
| Shareholding Pre-Issue | 10,09,86,187 shares |
| Shareholding Post-Issue | 10,82,01,194 shares |
| Market Cap (At Upper Price) | ₹7,498.34 Cr |
| Book Running Lead Manager | JM Financial Ltd. |
| Registrar | MUFG Intime India Pvt. Ltd. |
Paras Healthcare Limited | Company Overview
Paras Healthcare Limited operates a clinical speciality-led hospital network under the Paras Health brand. It provides tertiary and quaternary healthcare services across North India, Bihar and Jharkhand.
As of June 30, 2026, the company operated eight hospitals with an aggregate capacity of 2,211 beds. Its hospital network covers Gurugram, Panchkula, Patna, Darbhanga, Kanpur, Udaipur, Ranchi and Srinagar.
Paras Healthcare follows a portfolio approach comprising mature, emerging and newly established hospitals. It plans to add a 300-bed hospital in Gurugram and a 500-bed hospital in Ludhiana, which could increase its aggregate capacity to 3,011 beds by March 2028.
As of June 30, 2026, the company’s hospital network included 1,084 doctors and 1,937 nurses.
Considering the Paras Healthcare IPO?
Subscription open October 21 – 23, 2026 · Price band ₹660–₹693 · Min. investment ₹14,553
Paras Healthcare IPO | Key Dates
- Anchor Investor Bidding Date: October 19, 2026
- IPO Opening Date: October 21, 2026
- IPO Closing Date: October 23, 2026
- Allotment Date: October 26, 2026
- Refunds Initiated: October 27, 2026
- Shares Credited to Demat: October 27, 2026
- Tentative Listing Date: October 28, 2026
- Cut-off Time for UPI Mandate Confirmation: Typically 5 PM on October 23, 2026
Paras Healthcare IPO | Lot Size & Investment
Investors can bid for a minimum of 21 shares and in multiples of 21 shares thereafter.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 21 | ₹14,553 |
| Retail Maximum | 13 | 273 | ₹1,89,189 |
| sNII Minimum | 14 | 294 | ₹2,03,742 |
| sNII Maximum | 68 | 1,428 | ₹9,89,604 |
| bNII Minimum | 69 | 1,449 | ₹10,04,157 |
Investor Category Reservations
| Investor Category | Reservation |
|---|---|
| Qualified Institutional Buyers | Not less than 75% of the net offer |
| Non-Institutional Investors | Not more than 15% of the net offer |
| Retail Individual Investors | Not more than 10% of the net offer |
Paras Healthcare Limited | Financial Overview
Paras Healthcare Limited’s total income increased by approximately 24%, from ₹1,314.21 crore in FY25 to ₹1,628.78 crore in FY26.
However, total borrowings increased from ₹1,232.12 crore in FY25 to ₹1,393.86 crore in FY26.
| Detail | 30-Jun-26 | 31-Mar-26 | 31-Mar-25 | 31-Mar-24 |
|---|---|---|---|---|
| Assets | 2,202.88 | 2,071.14 | 1,810.45 | 1,477.66 |
| Total Income | 478.75 | 1,628.78 | 1,314.21 | 1,151.02 |
| Profit After Tax | 49.68 | 43.83 | -57.98 | -15.33 |
| EBITDA | 113.48 | 335.58 | 156.46 | 154.41 |
| Net Worth | 444.96 | 394.94 | 280.49 | 338.51 |
| Reserves and Surplus | 434.86 | 384.84 | 270.73 | 328.75 |
| Total Borrowings | 1,429.49 | 1,393.86 | 1,232.12 | 923.92 |
Amounts are in ₹ crore.
Paras Healthcare IPO | FAQs
When does the Paras Healthcare IPO open and close?
The Paras Healthcare IPO opens for subscription on October 21, 2026, and closes on October 23, 2026.
What are the Paras Healthcare IPO price band and lot size?
The Paras Healthcare IPO price band is ₹660–₹693 per share. Its minimum lot size is 21 shares, requiring a minimum retail investment of ₹14,553 at the upper price band.
How can I apply for the Paras Healthcare IPO?
You can apply for the Paras Healthcare IPO through your broker’s platform using UPI or through your bank’s ASBA facility. Select the IPO, enter the number of lots and bid price, submit the application and approve the UPI mandate within the prescribed time.
How can I check the Paras Healthcare IPO allotment status?
You can check the Paras Healthcare IPO allotment status on the MUFG Intime India website using your PAN, application number or Demat account details.
When will the Paras Healthcare IPO allotment be finalised?
The Paras Healthcare IPO allotment is expected to be finalised on October 26, 2026.
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