Paras Healthcare IPO


December 10, 2024 Written By Mihir Gohel, Reviewed and Fact Checked by Harpal Parmar

Paras Healthcare Ltd. is launching an IPO from December [D to D], 2024, with a price band of ₹[.]-₹[.] per share to raise ₹400 crores in the Healthcare sector.

The IPO Structure a fresh issue of [.] shares (₹. crores) and an offer for sale of 1,49,74,010 shares (₹. crores). Investors can apply for a minimum lot of [.] shares, requiring [.] at the upper price band. Each share has a face value of [₹.].

The Paras Healthcare IPO will list on BSE and NSE, offering [.] shares to the public.

Paras Healthcare IPO Details

The key details of Paras Healthcare’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.

IPO Size ₹400 Cr
Price Range Update soon
Retail Quota Update soon
QIB Quota Update soon
NII Quota Update soon
Employee Discount Update soon
Listing at NSE and BSE
Minimum Quantity Update soon
Investment (cut-off price) Update soon
Pre IPO Promotor Holding Update soon
Post IPO Promotor Holding Update soon
DHRP Draft Click Here
RHP Draft Click Here
Anchor Investors List Click Here

Paras Healthcare IPO Timelines

The IPO process for Paras Healthcare includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.

Update soon
Start Date
Update soon
End Date
Update soon
Allotment Date View Status
Update soon
Refund Initiation
Update soon
Credit of Shares to Demat Ac
Update soon
Listing Date

Paras Healthcare IPO Lot Size

Application Lot Size Shares Amount

Paras Healthcare IPO Subscription Status

The subscription status for Paras Healthcare IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.

QIB NII Retail EMP Total

IPO Performance on Listing Day

Opening Price Closing Price Day High Day Low

Paras Healthcare IPO Company Financials

Year Total Income Total Expense PAT

About Company

Paras Health is the fifth-largest healthcare provider in North India, Bihar, and Jharkhand, with 2,135 beds across eight hospitals as of March 31, 2024, and offers specialized tertiary care in Tier 2 and 3 cities. Established in 2006 in Gurugram, it focuses on affordable and high-quality healthcare, catering to underserved markets with clinical specialties such as cardiac sciences, oncology, and orthopedics. The company has leveraged its first-mover advantage in several regions, including its flagship hospitals in Gurugram and Srinagar, which are market leaders in bed capacity and service delivery.

Paras Health plans to expand its bed capacity to 2,935 by 2029 through new hospitals in Gurugram and Ludhiana, aiming for 10,000 beds by 2031 through organic growth and acquisitions. With an asset-light model and investments in digital healthcare solutions, Paras Health continues to balance accessibility and affordability while meeting the growing healthcare demand in underserved areas. Its strategic location choices, coupled with proximity to medical colleges, enable access to quality professionals and reinforce its vision for compassionate care.

Incorporation Date Sector Managing Director
1987 Healthcare Dharminder Nagar

Know Before Investing

Paras Healthcare IPO Strengths

  • Fifth largest healthcare provider with 2,135 beds in North India, Bihar, and Jharkhand (as of March 2024).
  • Focused on driving patient access and operational performance.
  • Committed to quality care by attracting top medical professionals.
  • Broad clinical specialties, payor mix, and hospital network.
  • Advanced IT systems and state-of-the-art medical equipment.
  • Doctor-led team with strong execution capabilities.

Paras Healthcare IPO Risks

  • Reliant on doctors and nurses; retention issues pose risks.
  • North India-based hospitals contribute heavily, increasing regional dependency.
  • Cardiac, oncology, neuro, gastro services dominate; demand risks exist.
  • Rising operational costs may not be recoverable, impacting profitability.
  • Pricing reforms and regulations may affect revenue and operations.
  • Network growth and operational efficiency of new hospitals face uncertainty.
  • Negative publicity can harm brand trust and financial health.

Swot Analysis for Paras Healthcare IPO

Strengths

Established Provider, Diverse Specialties, Asset-Light Model, Strong Growth Potential

Weaknesses

High Debt Levels, Dependence on Government Contracts, Limited Brand Recognition

Opportunities

Growing Healthcare Demand, Expansion Plans, Technological Integration

Threats

Intense Competition, Economic Fluctuations, Regulatory Compliance Risks

Company Details

Paras Healthcare Ltd

C-101 247 Park, L B S Marg,
Vikhroli West, Mumbai-400083

Phone – 91-22-49186000

Email – cs@parashospitals.com

Website – www.parashospitals.com

IPO Registar Details

Link Intime India Pvt Ltd

Phone – +91 810 811 4949

Email Id – parashealthcare.ipo@linkintime.co.in

Website – www.linkintime.co.in

FAQs

The key objectives of Paras Healthcare IPO are:

  • Offer for Sale.
  • Repayment of outstanding borrowings.
  • Investment in subsidiaries for debt/equity repayment.
  • General corporate purposes.

ICICI Securities Limited, IIFL Securities Limited, and Motilal Oswal Investment Advisors Limited are the book-running lead managers for the Paras Healthcare IPO.

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