Paras Healthcare Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | 3.25x | 6,277,056 | 20,381,592 | ₹435 Cr |
| NII (HNI) | 0.69x | 3,138,528 | 2,166,507 | ₹217 Cr |
| Retail | 2.10x | 2,092,352 | 4,395,657 | ₹145 Cr |
| Σ Total | 2.34x | 11,507,936 | 26,943,756 | ₹797 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 21 | ₹14,553 |
| Retail (Max) | 13 | 273 | ₹189,189 |
| S-HNI (Min) | 14 | 294 | ₹203,742 |
| B-HNI (Min) | 67 | 1,407 | ₹975,051 |
Financial Statements Amount in ₹ Crore
| Metric | 30 Jun 2026 | 31 Mar 2026 | 31 Mar 2025 |
|---|---|---|---|
| Revenue | 479 | 1,629 | 1,314 |
| EBITDA | 113 | 336 | 156 |
| Profit After Tax | 50 | 44 | -58 |
| Net Worth | 445 | 395 | 280 |
| Total Assets | 2,203 | 2,071 | 1,810 |
| Reserves & Surplus | 435 | 385 | 271 |
| Total Borrowing | 1,429 | 1,394 | 1,232 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Prepayment or scheduled re-payment, in full or part, of certain outstanding borrowings availed by Company – 320.90
- Investment in our wholly owned Subsidiary, PMHPL (which also operates hospital in Srinagar), for repayment/prepayment of borrowings, in full or part, of PMHPL – 54.10
- General Corporate Purposes –
Company Overview
Incorporated in1987, Paras Healthcare Limited is a leading clinical specialty-led hospital platform providing tertiary and quaternary healthcare services across North India, Bihar, and Jharkhand under the "Paras Health" brand. The company operates eight hospitals with an aggregate bed capacity of 2,211 beds across Gurugram, Panchkula, Patna, Darbhanga, Kanpur, Udaipur, Ranchi, and Srinagar as of June 30, 2026.
It specializes in cardiac sciences, oncology, neurosciences, gastro sciences, orthopedics & sports injury, and renal sciences (CONGOR specialties), which contributed 75.30% of revenue in Fiscal 2026.
Paras Healthcare has over 20 years of operating history and follows a balanced growth strategy through mature, emerging, and new hospitals. The company plans to expand its network with a 300-bed hospital in Gurugram and a 500-bed hospital in Ludhiana, increasing total capacity to 3,011 beds by March 2028.
As of March 31, 2026, it had 4,670 employees, including 1,084 doctors and 1,937 nurses.
Strengths
- Leading healthcare provider in North India, Bihar, and Jharkhand.
- Network of 8 hospitals with 2,211-bed capacity.
- Strong Paras Health brand with over 20 years of experience.
- Focus on high-acuity CONGOR specialties.
- Balanced portfolio of mature, emerging, and new hospitals.
- Strong occupancy growth and operational efficiency.
- Experienced workforce of 1,011 doctors and 1,665 nurses.
- Expansion pipeline to reach 3,011 beds by FY28.
- Advanced clinical infrastructure and standardized care protocols.