Paras Healthcare will launch its ₹1,450-crore IPO on October 21, 2026. The price band is ₹660–₹693 per share, and the issue will close on October 23.
IPO Details
The public issue comprises a fresh issue worth ₹500 crore and an offer for sale worth ₹950 crore. The anchor investor bidding is scheduled for October 19.
Use of IPO Proceeds
The company plans to use the fresh issue proceeds mainly to repay or prepay borrowings, support its subsidiary Plus Medicare Hospitals, and meet general corporate requirements.
Hospital Network and Expansion
Paras Healthcare operates eight hospitals under the Paras Health brand, with a total capacity of 2,211 beds across five states and one Union Territory. The company has outlined plans to expand its hospital capacity in the coming years.
What Investors Should Consider
Before applying, investors should examine the company’s financial results, debt, valuation and risk factors in its official offer documents. IPO returns are not guaranteed.
