Niva Market Watch

Paras Healthcare Limited IPO

upcoming · BSE · Bookbuilding IPO

Paras Healthcare Limited IPO is a ₹1,450 crore book-built issue on BSE with a price band of ₹660–₹693 per share, open for bidding from 21 Oct 2026 to 23 Oct 2026.

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Company overview

Website
https://www.parashospitals.com/

IPO overview

Paras Healthcare Limited is raising ₹1,450 crore through a book-built issue, combining new shares issued by the company (a fresh issue) with shares sold by existing shareholders (an offer for sale).

Bids are accepted within a price band of ₹660–₹693 per share (face value ₹1); the final issue price is set within this band after bidding closes.

The shares are proposed to be listed on BSE.

JM Financial Ltd. is the book-running lead manager and MUFG Intime India Pvt.Ltd. is the registrar, which processes applications, allotment and refunds.

Stated objects of the issue: Prepayment or scheduled re-payment, in full or part, of certain outstanding borrowings availed by Company Investment in our wholly owned Subsidiary, PMHPL (which also operates hospital in Srinagar), for repayment/prepayment of borrowings, in full or part, of PMHPL General Corporate Purposes.

Issue type
Bookbuilding IPO
Issue structure
Fresh capital cum OFS
Issue size
₹1,450 crore
Price
₹660–₹693 per share
Face value
₹1 per share
Exchange
BSE
Lead manager
JM Financial Ltd.
Registrar
MUFG Intime India Pvt.Ltd.

IPO timeline

  1. Bidding opens 21 Oct 2026
  2. Bidding closes 23 Oct 2026
  3. Basis of allotment 26 Oct 2026
  4. Refunds / unblocking 27 Oct 2026
  5. Shares credited to demat 27 Oct 2026
  6. Listing 28 Oct 2026

Bidding is scheduled to open on 21 Oct 2026 and close on 23 Oct 2026.

After bidding, the basis of allotment is due on 26 Oct 2026, refunds / unblocking of funds are due on 27 Oct 2026 and shares are due to be credited to demat accounts on 27 Oct 2026.

Listing is scheduled for 28 Oct 2026.

Subscription

Subscription figures appear here once bidding opens.

Grey market premium (unofficial)

The last grey market premium (GMP) we recorded for this issue was ₹96 on 18 Oct 2026, equal to 13.9% of the upper price band.

Across 3 readings between 16 Oct 2026 and 18 Oct 2026, the quoted GMP ranged from ₹96 to ₹97.

  • GMP is unofficial: it is not published or verified by NSE, BSE or SEBI, changes quickly, and is not a forecast or guarantee of the listing price.

Allotment

Allotment status should become available on or after 26 Oct 2026.

The registrar, MUFG Intime India Pvt.Ltd., processes allotment; check status on its website or the exchange's application-status page.

Sources and data methodology

NSE & BSE public-issue data; Chittorgarh and InvestorGain (fill gaps only); InvestorGain grey market report (unofficial); Chittorgarh allotment calendar. Methodology · Report an error

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