Paras Healthcare Limited IPO Details

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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 Limited, ICICI Securities Limited, Motilal Oswal Investment Advisors Limited. 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

Open Date
-
Close Date
-
Listing Date
-
Issue Price
₹0 - ₹0
Face Value
₹1 per share
Lot Size
0
GMP
₹0
Issue Type
IPO
Listing On
NSE, BSE
Type
Book Built Issue
Share holding pre issue
97610660
Share holding post issue
-
Total Issue Size
-
Fresh Issue
-
Offer for Sale
-
DRHP Status
SEBI Approval Received

Paras Healthcare IPO Lot Size

ApplicationLotsSharesAmount
To be announced

Paras Healthcare IPO Reservation

Promoter Holding

Pre Issue:75.32%
Post Issue:-
Promoter Names:
Dr. Dharminder Kumar Nagar

Documents

Paras Healthcare IPO Valuations

To be announced

Paras Healthcare Financial Information

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets1,477.661,293.1963.53
Total Income1,151.02936.05793.17
Profit After Tax-15.33-42.79-14.81
Net Worth338.5130.1173.11
Reserves and Surplus328.7526.4369.43
Total Borrowing547.53394.68213.95
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

To be announced

Risk Of Paras Healthcare IPO

To be announced

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

Name: MUFG Intime India Private Limited
Phone: +91-22-4918 6270

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