Paras Healthcare IPO Listing: Shares List At A Premium Of Around 4% On The Exchanges After A Modest Demand During Bidding

Shares of Paras Healthcare began trading on the domestic stock exchanges on a positive note on Wednesday.

The stock opened at ₹720 apiece on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), translating into a premium of 3.90%. The issue price was fixed at ₹693 per share at the upper end of the price band.

Paras Healthcare IPO And Subscription Details

The ₹1450-crore Paras Healthcare initial public offering (IPO) opened for subscription on 21 October 2026 and closed on 23 October 2026. The mainboard IPO received a moderate response from investors during the bidding period, with the overall subscription reaching 2.23 times. The IPO price band was fixed at ₹660–693 per share.

The qualified institutional buyer’s (QIB) quota received the maximum subscription, with the reserved portion getting subscribed by 3.09 times. The non-institutional investor (NII) category was subscribed by 0.66 times, whereas the retail portion was subscribed by 2 times.

The IPO comprised a fresh issue of 72.15 lakh equity shares worth ₹500 crore and an offer-for-sale (OFS) of 1.37 crore equity shares aggregating to ₹950 crore.

About Paras Healthcare Ltd

Paras Healthcare Limited is an India-based clinical speciality-led hospital platform. It provides tertiary and quaternary healthcare services across Haryana, Punjab, Uttar Pradesh, Rajasthan, Bihar, and Jharkhand. The hospitals are specialised in cardiac sciences, oncology, neurosciences, gastro sciences, orthopedics & sports injury, and renal sciences (CONGOR specialties). As of 30 June 2026, the company had eight hospitals in India with an aggregate bed capacity of 2,211.

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