Paras Healthcare's IPO allotment status will be finalized on Monday, October 26, 2026. Investors who applied for shares can check their allotment status online through the official websites of the National Stock Exchange (NSE), Bombay Stock Exchange (BSE), and MUFG Intime India. The shares are scheduled to be listed on the NSE and BSE on October 28, 2026, at 10 am.
- The IPO raised ₹1,450 crore through a combination of fresh issue and offer-for-sale shares.
- The issue was subscribed 2.23 times overall, with strong demand from qualified institutional buyers.
- Paras Healthcare operates eight hospitals across five states and one Union Territory.
- Net proceeds will be used to repay debt and for general corporate purposes.
What is the Paras Healthcare IPO?
Paras Healthcare launched an initial public offering (IPO) worth ₹1,450 crore. This included a fresh issue of shares aggregating to ₹500 crore and an offer-for-sale (OFS) component valued at ₹950 crore. The OFS shares were sold by promoter Dharminder Kumar Nagar and investor Commelina Ltd. The IPO price band was set between ₹660 and ₹693 per share, with each lot containing 21 shares.
How was the IPO subscribed?
The IPO received bids for 2,69,43,714 shares against the 1,20,83,331 shares on offer, resulting in an overall subscription of 2.23 times. The retail investor portion was subscribed twice, while qualified institutional buyers (QIBs) showed strong interest with a subscription rate of 3.09 times. The non-institutional investors (NIIs) category was subscribed at 66%.
How to check the allotment status online?
Investors can check their allotment status on the official websites of the NSE, BSE, and MUFG Intime India after the basis of allotment is finalized. The allotment details are expected to be available on the evening of October 26, 2026. To check, investors need to visit these websites and enter their application details such as PAN number or application number.
What will the company do with the IPO proceeds?
Paras Healthcare plans to use the net proceeds from the IPO to repay existing debt and for general corporate purposes. This financial strategy aims to strengthen the company’s balance sheet and support its ongoing operations and growth plans.
What does Paras Healthcare do?
Paras Healthcare is a clinical specialty-led hospital platform based in Gurugram. It operates a network of eight hospitals across five states and one Union Territory in India. The company specializes in cardiac sciences, oncology, neurosciences, gastro sciences, orthopaedics and sports injury, and renal sciences, collectively referred to as CONGOR specialties.
When will Paras Healthcare shares be listed?
The shares of Paras Healthcare Ltd are scheduled to be listed on the NSE and BSE on October 28, 2026, at 10 am. After listing, investors will be able to trade the shares on these stock exchanges.
