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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Paras Healthcare Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹660 - ₹693
Per ShareLot Size
21 Shares
Minimum Investment
₹13,860
Issue Size
₹1,450 Cr
Face Value
₹1
Per ShareIPO Type
Book Building
Retail Quota
10%
QIB Quota
75%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
72.8%
Promoter Holding (Post-Issue)
63.95%
Issue Type
Book Building
ISIN
INE661T01029
Paras Healthcare Ltd is 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. The Company operates 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.
The domestic healthcare industry comprises the following segments: healthcare delivery (hospitals, clinics), pharmaceuticals, medical devices, diagnostic services, medical equipment, and other support services to the healthcare players. The Indian healthcare delivery market to have reached approximately ? 6.3 trillion in value terms by the end of Fiscal 2024, with growth being contributed by the continuation of regular treatments, surgeries and in-patient department ("IPD") including average revenue per occupied bed expansion for the sector. Growing and high realization medical tourism will contribute more to the industry.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offering of up to 20,923,520 equity shares of face value of Re. 1 each of Paras Healthcare Limited (the "Company" or the "Issuer") for cash at a price of Rs. 693 per equity share (including a share premium of Rs. 692 per equity share) ("Offer Price") aggregating up to Rs. 1450 Crores (the "Offer") comprising a fresh issue of up to 7,215,007 equity shares of face value of Re. 1 each aggregating up to Rs. 500.00 Crores by the company (the "Fresh Issue") and an offer for sale of up to 13,708,513 equity shares of face value of Rs. 1 each ("Offered Shares") aggregating up to Rs. 950 Crores comprising up to 4,329,004 equity shares of face value of Re. 1 each aggregating up to Rs. 300 Crores by Dharminder Kumar Nagar (the "Promoter Selling Shareholder") and up to 9,379,509 equity shares of face value of Re. 1 each aggregating up to Rs. 650 Crores by Commelina Ltd (the "Investor Selling Shareholder", and together with the promoter selling shareholder, the "Selling Shareholders") (such offer for sale of equity shares of face value of Re. 1 each by the selling shareholders, the "Offer for Sale"). The offer shall constitute [*]% of the post-offer paid-up equity share capital of the company. Price Band: Rs. 660 to Rs. 693 per equity share of face value of Rs. 1 each. The floor price is 660 times of the face value of the equity shares and the cap price is 693 times of the face value of the equity shares. Bids can be made for a minimum of 21 equity shares of face value of Rs. 1 each and in multiples of 21 equity shares of face value of Rs. 1 each thereafter.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
The Company was incorporated as `Arbian Frozen Foods Private Limited', a private limited company under the provisions of the Companies Act, 1956, pursuant to a certificate of incorporation dated December 21, 1987, issued by the Registrar of Companies, Delhi & Haryana, at New Delhi. The Company became a deemed public company as per Section 43A(1)(a) of the Companies Act, 1956 with effect from July 1, 1993, consequent to which its name was changed to "Arbian Frozen Foods Limited", by deletion of the word `Private'. Consequent to the amendment in Section 43A(2)(a) of the Companies Act, 1956 by the Companies (Amendment) Act, 2000, the Company was re-converted from a deemed public company to a private limited company and the name of the Company was changed to `Arbian Frozen Foods Private Limited' and the certificate of incorporation consequent to the change in name of the Company was endorsed by the Registrar of Companies, NCT of Delhi & Haryana, at New Delhi on June 16, 2003. Subsequently, pursuant to a resolution passed by its Board on June 19, 2003 and by its Shareholders on July 9, 2003, the name of the Company was changed from `Arbian Frozen Foods Private Limited' to `Paras Healthcare Private Limited' to reflect the change in its business activity from frozen foods to healthcare services and a fresh certificate of incorporation consequent to the change in name of the Company was issued by the Registrar of Companies, NCT of Delhi & Haryana, at New Delhi on July 21, 2003. The Company was subsequently converted from a private company to a public company, pursuant to resolutions passed by its Board on June 3, 2024 and by its Shareholders dated June 4, 2024, consequent to which its name was changed to "Paras Healthcare Limited.", and a fresh certificate of incorporation consequent upon conversion to public limited company was issued by the Registrar of Companies, Central Processing Centre on July 18, 2024. Subsequently, pursuant to a resolution passed by its Board and Shareholders on July 31, 2025 and September 5, 2025, respectively, the name of the Company was changed from "Paras Healthcare Limited." to "Paras Healthcare Limited", and a fresh certificate of incorporation was issued by the Registrar of Companies, Central Processing Centre on September 29, 2025.
Wholesaler and Retailer
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY26.