Paras Healthcare IPO Details
MAINBOARD
Paras Healthcare IPO DRHP (Draft Red Herring Prospectus) has been SEBI Approval Received.
The Lead Managers for Paras Healthcare IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is IIFL Capital Services Ltd, ICICI Securities Ltd, Motilal Oswal Investment Advisors Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For detailed information, Refer to the Paras Healthcare Limited DRHP.
Paras Healthcare IPO Details
Paras Healthcare IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
To be announced | |||
Paras Healthcare IPO Reservation
Promoter Holding
Documents
Paras Healthcare IPO Valuations
To be announced
Paras Healthcare Financial Information
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 1,477.66 | 1,293.1 | 963.53 |
| Total Income | 1,151.02 | 936.05 | 793.17 |
| Profit After Tax | -15.33 | -42.79 | -14.81 |
| Net Worth | 338.51 | 30.11 | 73.11 |
| Reserves and Surplus | 328.75 | 26.43 | 69.43 |
| Total Borrowing | 547.53 | 394.68 | 213.95 |
| Amount in ₹ Crore | |||
About Paras Healthcare IPO
Incorporated in1987, Paras Health is a healthcare provider operating a network of hospitals across North India, Bihar, and Jharkhand.
As of March 31, 2024, Paras Health had an aggregate bed capacity of 2,135 beds, making it the fifth-largest healthcare provider in terms of bed capacity among its peers in these regions.
The company operates eight hospitals under the "Paras Health" brand, located in Gurugram and Panchkula (Haryana), Patna and Darbhanga (Bihar), Kanpur (Uttar Pradesh), Udaipur (Rajasthan), Ranchi (Jharkhand), and Srinagar (Jammu and Kashmir, UT).
Paras Health expanded its bed capacity from 1,250 beds in March 2022 to 2,135 beds in March 2024. As of March 31, 2024, the company had a medical team comprising 1,091 doctors and 1,509 nurses across its hospitals.
Strength Of Paras Healthcare IPO
Risk Of Paras Healthcare IPO
Objectives Paras Healthcare IPO
1. Prepayment or scheduled re-payment of a portion of certain outstanding borrowings availed by the Company.
2. 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.
3. General corporate purposes.
Company Contact Details
Paras Healthcare Ltd.
1 st Floor, Tower B, Paras Twin Towers,
Golf Course Road, Sector 54,
Gurugram – 122002, Haryana, India
Gurgaon, Haryana, 122002
Phone: +91 124 430 2163
Email: cs@parashospitals.com
Website: https://www.parashospitals.com/
Registrar Contact Details
Paras Healthcare IPO - FAQs
The Paras Healthcare IPO is a MAINBOARD public issue comprising 0 equity shares with a face value of ₹1 each, aggregating to a total issue size of . The issue price has been fixed at ₹0 per equity share, and the minimum application size is 0 shares.
The IPO opens for subscription on TBA, and closes on TBA.
MUFG Intime India Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
As of now, the current GMP stands at TBA.