Paras Healthcare IPO: Price, Review, Detail

Upcoming
15 July 2026
0
Rating

Founded in 2006, Paras Healthcare operates a network of multi-specialty tertiary hospitals across North and East India, focusing on making advanced medical care accessible and affordable.
The company’s IPO aims to raise approximately ₹400 crore via a fresh issue along with an offer-for-sale component, providing investors an opportunity to participate in India’s growing healthcare sector.

The company was incorporated on December 21, 1987,The Managing Director is Dr. Dharminder Kumar Nagar (also a promoter), who has spearheaded the company’s expansion since its inception.

Paras Healthcare Limited delivers specialised tertiary medical care services—covering cardiac sciences, oncology, neurosciences, gastro sciences, orthopaedics and joint replacement—primarily in underserved Tier-II and Tier-III cities.

 

Subscription date to apply for Paras Healthcare TBA. Price band for the IPO is TBA.

Revenue, PAT, EBITDA
Year
2024
Networth
~ ₹ 338.50 Cr
Revenue
~ ₹ 1129.03 Cr
EBITDA
~ ₹ 154.41 Cr
PAT
~ ₹ -15.33 Cr
EBITDA Margin
~ 13.68%
PAT Margin
-1.36%
Face Value
Rs.01 per Equity Share
IPO Important Dates
#
Date
Open Date
TBA
Close Date
TBA
Anchor Investor Bidding
TBA
Allotment Date
TBA
Refunds& Demat Credit
TBA
Tentative Listing Date
TBA
Use Of Proceeds
Purpose
Amount
Working Capital Requirements
~ ₹ 82.04 Cr
Subsidiary acquisition
Borrowing prepayment/repayment
~ ₹ 217.96 Cr
General Corporate Purpose
Balance
Financial Data
#
2022
2023
2024
Revenue (₹ Cr)
₹ 779.9
₹ 917.9
₹ 1,129.0
PAT (₹ Cr)
₹ -14.8
₹ -42.8
₹ -15.3
Asset (₹ Cr)
₹ 963.5
₹ 1,293.1
₹ 1,477.7
Net Worth (₹ Cr)
₹ 73.1
₹ 30.1
₹ 338.5
IPO Grey Market Premium
Date
IPO Price
IPO GMP
Profit Per Lot
17-Jun
₹ –
₹ –
₹ –
16-Jun
₹ –
₹ –
₹ –
15-Jun
₹ –
₹ –
₹ –
14-Jun
₹ –
₹ –
₹ –
13-Jun
₹ –
₹ –
₹ –
Promoters – Pre offer equity (Approx)
Promoters
% Shares
Dr. Dharminder Kumar Nagar
~75.32%
Commelina Ltd.
~24.68%
-
-
-
-
-
-
-
-
Lot Size details
Application Type
Lot Size
No. of Lot
No. of Shares
Investment Amount
Retail (Min)
1
₹ –
Retail (Max)
13
₹ –
HNI (Min)
14
₹ –
HNI (Max)
66
₹ –
Big HNI (Min)
67
₹ –
  • Paras Healthcare operates a chain of multi-specialty hospitals offering advanced medical services like cardiology, oncology, neurosciences, orthopaedics, and gastro sciences, primarily in Tier-II and Tier-III cities.
  • The company is raising funds via IPO to repay debts, fund new hospital expansions, and meet general corporate purposes.
  • The IPO size is around ₹400 crore (fresh issue) plus an offer-for-sale; shares will list on BSE and NSE.
  • Upsides include strong regional presence, scalable business model, expanding healthcare demand, and potential profitability improvement.
  • Investors can apply for the IPO through ASBA-enabled bank accounts or UPI-based online platforms offered by brokers.

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