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Paras Healthcare IPO
Paras Healthcare Limited
Minimum investment
Analyse with FinAIParas Healthcare IPO Details
Bidding date
21 Oct - 23 Oct 2026
Price range
₹660 - ₹693
Minimum quantity
21
Minimum investment
₹14,553
Issue size
₹1,450 Cr.
IPO doc (link)
RHP docs
Listing exchange
NSE/BSE
Paras Healthcare IPO Dates & Timeline
Paras Healthcare IPO Subscription Status
Category | Subscription |
|---|---|
Qualified Institutional Buyers | 3.09x |
Retail Individual Investor | 2x |
Non-Institutional Investor | 0.66x |
Others | - |
Total | 2.23x |
About Paras Healthcare IPO: Company Overview
Clinical specialty-led hospital platform providing tertiary and quaternary healthcare services through eight hospitals with an aggregate bed capacity of 2,211 beds as of June 30, 2026, across North India, Bihar and Jharkhand, operating under the Paras Health brand. Hospitals are located in Gurugram, Panchkula, Patna, Darbhanga, Kanpur, Udaipur, Ranchi and Srinagar. Focus on CONGOR specialties (cardiac, oncology, neuro, gastro, orthopedics and renal sciences), which accounted for 74.35% of revenue from operations in the three months ended June 30, 2026. Facilities include ICUs, operating theatres, LINACs, PET-CT, surgical robots and transplant programs. As of June 30, 2026, the company had 1,084 doctors, 1,937 nurses and 5,315 medical professionals and support staff.
Strengths & Risks of Paras Healthcare IPO
Strength: One of the largest healthcare providers in North India, Bihar and Jharkhand with a first mover advantage and a well-recognized brand.
Strength: Strong focus on tertiary and quaternary care with high contribution from CONGOR specialties.
Strength: Capital-efficient and flexible operating model with disciplined expansion.
Strength: Delivering high-quality clinical care through renowned clinicians, supported with modern equipment.
Risk: The company has incurred losses in recent periods and cannot assure continued profitability.
Risk: Subsidiaries PHRPL and PMHPL have incurred losses and may not turn profitable.
Risk: High attrition rates of doctors, nurses and other healthcare professionals.
Risk: Concentration of hospitals in North India, with five of eight hospitals located there.
Risk: Dependence on CONGOR specialties for a significant portion of revenue.
Risk: Inability to pass on cost increases to patients.
Risk: Six of eight hospitals operated on leased premises, with some lease deeds unregistered.
Risk: Contingent liabilities are high relative to net worth.
Paras Healthcare Financials: Revenue, Profit & EBITDA
154.41 Cr.
FY24
-15.33 Cr.
FY24
How to Apply for Paras Healthcare IPO: Step-by-Step Guide
- Research the IPO:Review the prospectus and company details.
- Open accounts:Ensure you have a demat and trading account.
- Check dates:Note the IPO opening and closing dates.
- Apply online:Log in to your brokerage account and complete the IPO application form.
- Make payment:Pay through your linked bank account.
- Submit application:Confirm and submit your application.
- Track status:Monitor the allotment status and check for shares in your demat account upon listing.
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