Paras Healthcare
BSE, NSE₹N/A / N/A Shares
IPO Details
Paras Healthcare IPO is priced between ₹N/A per equity share, with a face value of ₹1 per share. The company's equity shares will be listed on the BSE, NSE, and Link Intime India Private Ltd is managing the issue as the registrar.
The IPO bidding period opened on N/A, and closed on N/A. The allotment results will be announced on N/A, with a tentative listing date set for N/A.
The total issue comprises , amounting to .
Paras Healthcare IPO Highlights
| IPO Date | Listing Date | Face Value | Price Band | Lot Size | Fresh Issue | Offer for Sale | Listing At |
|---|---|---|---|---|---|---|---|
| TBA - TBA | Invalid Date | ₹1 Per Equity Share | ₹N/A per equity share | - | Shares | - | BSE, NSE |
Paras Healthcare IPO Timeline
Issue Price
₹N/A per equity shareFace Value
₹1 Per Equity ShareListing at Group
BSE, NSERegistrar
Link Intime India Private LtdMarket Lot
N/A Shares (₹N/A/-)Lead Manager
ICICI Securities LimitedIifl Securities LtdMotilal Oswal Investment Advisors LimitedIssue Size
Retail Portion
10%Subscription
N/A timesIPO Docs
DRHPParas Healthcare IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 24 | 1477.66 | 1151.02 | -15.33 | - | - | - |
| 31 Mar 22 | 1293.1 | 936.05 | -42.79 | - | - | - |
| 31 Mar 21 | 963.53 | 793.17 | -14.81 | - | - | - |
All values are in ₹ Cr.
About Company
Established in1987, Paras Health is a healthcare service provider having a chain of hospitals spread over North India, Bihar, and Jharkhand.
As of March 31, 2024, Paras Health had a combined bed capacity of 2,135 beds, which ranked the company as the fifth-largest healthcare service provider by bed capacity among its peers in these locations.
The organization has eight hospitals with the Paras Health brand, namely Gurugram and Panchkula (Haryana), Patna and Darbhanga (Bihar), Kanpur (Uttar Pradesh), Udaipur (Rajasthan), Ranchi (Jharkhand), and Srinagar (Jammu and Kashmir, UT).
Paras Health increased its bed strength from 1,250 beds in March 2022 to 2,135 beds in March 2024. As of March 31, 2024, the company had a medical staff of 1,091 doctors and 1,509 nurses at its hospitals.
Paras Healthcare IPO - Issue Objectives
- Prepayment or scheduled re-payment of a portion of certain outstanding borrowings availed by the Company.
- Investment in our Subsidiaries, Paras Healthcare (Ranchi) Private Limited and Plus Medicare Hospitals Private Limited, in the form of debt or equity for repayment/prepayment of borrowings, in full or part, of such Subsidiaries.
- General corporate purposes.
Paras Healthcare
1 st Floor, Tower B, Paras Twin Towers, Golf Course Road, Sector 54, Gurugram – 122002, HaryanaLink Intime India Private Ltd
Phone: +91-22-4918 6270
Email: parashealthcare.ipo@linkintime.co.in
Website: https://linkintime.co.in/Initial_Offer/public-issues.html