Independent Research on Mutual Funds, Stocks & IPOs for Indian Investors

Paras Healthcare Limited, incorporated in 1987, runs a hospital network under the Paras Health brand across North India, Bihar and Jharkhand. The issue is about Rs 1,450 Cr: a fresh issue of Rs 500 Cr plus an offer for sale of Rs 950 Cr (face value Re 1). About Rs 375 Cr of proceeds is earmarked for repayment of borrowings. Anchor bidding Oct 19, subscription Oct 21 to 23, allotment Oct 26 and listing on BSE and NSE on Oct 28, 2026. Price band Rs 660 to 693 per share, lot 21 shares (minimum Rs 14,553 at the upper band), market capitalisation about Rs 7,498 Cr at the upper band. The offer for sale is by promoter Dr Dharminder Kumar Nagar and Commelina.