Paras Healthcare Limited IPO

UpcomingHealthcare
Price band
₹660 – ₹693
Lot size
21
1 lot = ₹14,553
Issue size
₹1.45k Cr
Open – close
21 Oct 2026
to 23 Oct 2026
Listing
28 Oct 2026

What the filing actually says

Our read of the offer document and the exchange data — not the issuer's summary of itself

We can't judge this issue yet. A verdict needs at least three independent dimensions — valuation, growth, profitability, balance sheet, issue structure, governance or demand — and this issue does not yet publish enough of them for a read that would mean anything. No offer document for this issue has been published yet. A confident score from two fields would be worse than this notice.

Dates

The issuer's tentative timetable — a date passing is not confirmation the step completed

  1. Opens
    21 Oct 2026
  2. Closes
    23 Oct 2026
  3. Allotment
    26 Oct 2026
  4. Listing
    28 Oct 2026

Grey market premium

Unofficial dealer quotes — not published by NSE, BSE, SEBI or the company

₹96+13.9%
over the upper band · last seen 17 Oct 2026

What this number is not. Grey-market premium is an unregulated, thinly-traded quote from private dealers. It is not a forecast of the listing price, it is not verifiable, and it can be moved by the same people who benefit from it looking high. We publish it because you will look it up anyway — and we deliberately do not convert it into an expected listing gain, because that arithmetic implies a reliability the number has never earned. For what actually happened to comparable issues, see recent outcomes below.

The offering

Terms, structure and who is selling

Terms
Price band₹660 – ₹693
Face value₹1
Lot size21shares
Minimum application₹14,553at cut-off
Total issue size₹1.45k Cr
Anchor investorsAllotted
Company & valuation
ISININE661T01029
RegistrarMUFG Intime India Pvt Ltd

What happened to comparable issues

The last 8 issues to list with a recorded opening price, most comparable first

Median listing gain
+0.2%
Listed up
4 of 8
Best
+67.7%
IC Electricals
Worst
-5.9%
Eventions Limited
IC Electricalssame segment
378.6× sub+67.7%
2.3× sub-5.9%
1.0× sub+0.0%

Past issues are context, not a forecast — this issue is a different company at a different price. We show it because "how have issues like this one actually opened" is a question with a real answer, and grey-market premium is not that answer.

About Paras Healthcare Limited

Paras Healthcare is a hospital operator providing tertiary and quaternary healthcare services through a network of eight hospitals under the Paras Health brand. As of June 30, 2026, the company was present in five states and one Union Territory. Its hospitals are located in Gurugram and Panchkula in Haryana, Patna and Darbhanga in Bihar, Kanpur in Uttar Pradesh, Udaipur in Rajasthan, Ranchi in Jharkhand, and Srinagar in Jammu and Kashmir. The company provides treatments across several clinical specialities, including cardiac sciences, oncology sciences, neurosciences, gastro sciences, orthopaedics and sports injury, and renal sciences. As of June 30, 2026, its hospital network had 1,084 doctors and 1,937 nurses. Use of proceeds: The IPO consists of both a fresh issue of shares and an offer for sale (OFS).​ Proceeds from the OFS will go to the respective selling shareholders, whereas the net proceeds from the fresh issue will be utilised for the following purposes:​ Prepayment or scheduled repayment, in full or part, of certain outstanding borrowings availed by the company — Rs 320.90 crore Investment in the wholly owned subsidiary, PMHPL, for repayment/prepayment of borrowings, in full or part, of PMHPL — Rs 54.10 crore General corporate purposes

Founded 1987MD Dr Dharminder Kumar NagarSector Healthcare

Offer documents

The primary sources everything above is drawn from

Common questions

What is the Paras Healthcare Limited IPO GMP today?

The most recent grey-market premium recorded for Paras Healthcare Limited is ₹96 per share — about 13.9% over the ₹693 upper band. Grey-market premium is an unofficial, unregulated quote from private dealers. It is not published by NSE, BSE, SEBI or the company, and it is not a forecast of the listing price.

What is the minimum investment in the Paras Healthcare Limited IPO?

One lot is 21 shares, so a retail application at the ₹693 cut-off price blocks ₹14,553. Retail applications are capped at ₹2,00,000; above that you bid in the HNI category, where allotment is proportionate rather than by lottery.

When is the Paras Healthcare Limited IPO allotment date?

Allotment is scheduled for 2026-10-26, with listing on 2026-10-28. These dates are the issuer's tentative timetable — a date passing is not confirmation that the step completed. Allotment status is published by the registrar, MUFG Intime India Pvt Ltd.

Disclaimer. Figures are compiled from the issuer's offer document and exchange-published bidding data. Subscription changes until the issue closes, and the final basis of allotment is published by the registrar. Grey-market premium is unofficial and is not a forecast. Nothing here is investment advice or a recommendation — read the offer document and consult a SEBI-registered adviser before applying.