Paras Healthcare IPO
Opens on 21 Oct 2026 and closes on 23 Oct 2026. Price band ₹660 to ₹693.
About Paras Healthcare
Paras Healthcare runs hospitals under the Paras Health brand, with eight hospitals and 2,211 beds as of June 30, 2026, in Gurugram, Panchkula, Patna, Darbhanga, Kanpur, Udaipur, Ranchi and Srinagar.
Fresh issue money goes to repaying borrowings of the company (Rs 320.9 crore) and of its subsidiary that runs the Srinagar hospital (Rs 54.1 crore), plus general corporate purposes. The Rs 950 crore offer for sale is by promoter Dr Dharminder Kumar Nagar (Rs 300 crore) and investor Commelina Ltd (Rs 650 crore).
Important dates
- Mon, 19 OctAnchor investors
- Wed, 21 OctOpens
- Fri, 23 OctCloses
- Wed, 28 OctListing
Issue details
| Price band | ₹660 to ₹693 per share |
|---|---|
| Lot size | 21 shares |
| Minimum investment | ₹14,553 (one lot at the upper band) |
| Issue size | ₹1,450 crore |
| Fresh issue | ₹500 crore |
| Offer for sale | ₹950 crore |
| Face value | ₹1 per share |
| Reservation | QIB 75%, NII 15%, retail 10% |
| Listing on | NSE and BSE |
| Registrar | MUFG Intime India |
| Lead managers | JM Financial, BofA Securities India, Nuvama Wealth Management |
Paras Healthcare IPO GMP
| Date | GMP | Estimated listing price | Source |
|---|---|---|---|
| 19 Oct | ₹92 (+13.3%) | ₹785 | InvestorGain |
| 18 Oct | ₹96 (+13.9%) | ₹789 | ipomarket.in |
| 18 Oct | ₹96 (+13.9%) | ₹789 | InvestorGain |
| 18 Oct | ₹95 (+13.7%) | ₹788 | IPO Watch |
| 17 Oct | ₹95 (+13.7%) | ₹788 | ipomarket.in |
| 17 Oct | ₹96 (+13.9%) | ₹789 | InvestorGain |
| 17 Oct | ₹95 (+13.7%) | ₹788 | IPO Watch |
| 16 Oct | ₹95 (+13.7%) | ₹788 | InvestorGain |
| 16 Oct | ₹90 (+13.0%) | ₹783 | IPO Watch |
| 16 Oct | ₹97 (+14.0%) | ₹790 | ipomarket.in |
| 15 Oct | ₹95 (+13.7%) | ₹788 | InvestorGain |
| 14 Oct | ₹83 (+12.0%) | ₹776 | InvestorGain |
How to check Paras Healthcare IPO allotment status
- Open the MUFG Intime India allotment page: in.mpms.mufg.com/Initial_Offer/public-issues.html.
- Pick Paras Healthcare from the list (it appears on the evening of Not announced), choose PAN and enter it.
- Or check on BSE or NSE. All the links
Questions
What is the Paras Healthcare IPO GMP today?
The grey market premium was ₹92 on 19 Oct, which points to a listing price of about ₹785. GMP is unofficial and often wrong on listing day.
What is the price band and lot size of the Paras Healthcare IPO?
The price band is ₹660 to ₹693 per share and one lot is 21 shares, so the minimum bid is ₹14,553.
When does the Paras Healthcare IPO open and close?
It opens on 21 Oct 2026 and closes on 23 Oct 2026.
When is the Paras Healthcare IPO allotment date?
The allotment date has not been announced yet.
When is the Paras Healthcare IPO listing date?
Shares are expected to list on NSE and BSE on 28 Oct 2026.
Sources
- Offer document (RHP)
- SEBI: Paras Healthcare Limited RHP and abridged prospectus (RHP dated October 14, 2026)
- BSE public issue page: Paras Healthcare (PARASHLTH)
- PTI via HDFC Sky: Paras Healthcare to launch Rs 1,450 cr IPO on Oct 21; price band set at Rs 660-693
- Business Standard: Paras Health to use Rs 375 cr from IPO to pare debt
- Fortune India: Paras Healthcare sets price band at Rs 660-693 for Rs 1,450-crore IPO
- Zee Business: IPOs next week, 2 mainboard issues to open
Price band, 21-share lot and Re 1 face value are confirmed by the BSE issue page. Listing on October 28 is reported by Fortune India and Zee Business; the allotment date (reported as October 26) is from one news source only and is left blank. The 75/15/10 split follows from the issue being made under SEBI Regulation 6(2) and is also reported by PTI.
Last updated 19 October 2026, 18:50 IST. Prices, dates and lot sizes are from each IPO's offer document and the stock exchanges; GMP readings name their source.
Saifu is not a SEBI-registered investment adviser or a broker. This page reports facts from the offer document, the stock exchanges and news reports, and the grey market premium as other sites report it. It is not a recommendation to apply for, buy or sell any share. Read the RHP and decide for yourself.
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