IPO details
- Price band
- ₹693.0 – ₹693.0
- Lot size
- 21 shares
- Minimum investment
- ₹13,860 / 21 shares (1 Lot)
- Subscription
- 2.22x
- Issue dates
- 2026-10-21 – 2026-10-23
- Listing date
- 2026-10-28
- Issue size
- ₹1,450.00 Cr
- IPO document
- RHP PDF
Live Grey Market Premium, subscription demand, price band & listing estimates
Paras Healthcare is a hospital operator providing tertiary and quaternary healthcare services through a network of eight hospitals under the Paras Health brand. As of June 30, 2026, the company was present in five states and one Union Territory. Its hospitals are located in Gurugram and Panchkula in Haryana, Patna and Darbhanga in Bihar, Kanpur in Uttar Pradesh, Udaipur in Rajasthan, Ranchi in Jharkhand, and Srinagar in Jammu and Kashmir. The company provides treatments across several clinical specialities, including cardiac sciences, oncology sciences, neurosciences, gastro sciences, orthopaedics and sports injury, and renal sciences. As of June 30, 2026, its hospital network had 1,084 doctors and 1,937 nurses. Use of proceeds: The IPO consists of both a fresh issue of shares and an offer for sale (OFS). Proceeds from the OFS will go to the respective selling shareholders, whereas the net proceeds from the fresh issue will be utilised for the following purposes: Prepayment or scheduled repayment, in full or part, of certain outstanding borrowings availed by the company — Rs 320.90 crore Investment in the wholly owned subsidiary, PMHPL, for repayment/prepayment of borrowings, in full or part, of PMHPL — Rs 54.10 crore General corporate purposes
Source updated: 26-Oct 14:02
Last checked by this website: 26 Oct 2026, 11:02 am
GMP is unofficial and speculative; it does not guarantee listing performance.
Track verified daily closing grey market snapshots, price progression, and estimated listing expectations leading up to exchange debut:
| Date | IPO GMP (₹) | Day's Movement | Est. Listing Price | Est. Gain (%) | Source Freshness |
|---|---|---|---|---|---|
| 2026-10-26 | +₹9.00 | ▼ ₹-3.00 (-25.0%) | ₹702.00 | +1.30% | 26-Oct 14:02 |
| 2026-10-24 | +₹12.00 | ▲ +₹2.00 (20.0%) | ₹705.00 | +1.73% | 24-Oct 23:02 |
| 2026-10-23 | +₹10.00 | ▲ +₹5.00 (100.0%) | ₹703.00 | +1.44% | 23-Oct 18:00 (Archive) |
| 2026-10-22 | +₹5.00 | ▲ +₹5.00 (100.0%) | ₹698.00 | +0.72% | 22-Oct 18:00 (Archive) |
| 2026-10-21 | ₹0.00 | ⚡ Base Rate | ₹693.00 | 0.00% | 21-Oct 17:00 (Archive) |
Grey Market Premium (GMP) data reflects unofficial over-the-counter quotes between private brokers. It does not represent guaranteed exchange pricing or SEBI-regulated trading.
As per latest market dealer indications, Paras Healthcare IPO Grey Market Premium (GMP) is recorded at +₹9.00 (1%). Grey market premium is unofficial, speculative, and subject to rapid change.
Based on the upper price band of ₹693.0 and recorded GMP of ₹9.00, the estimated listing price is ₹702.00 (an implied gain of 1.30%).
The issue bidding opens on 2026-10-21 and closes on 2026-10-23. The tentative listing date on the exchanges is 2026-10-28.
The price band is ₹693.0 to ₹693.0 per equity share. The minimum bid lot size is 21 shares, requiring a minimum investment of ₹13,860 / 21 shares (1 Lot).
Once the basis of allotment is finalized, you can verify your allotment status online on our IPO Allotment Portal, the official registrar, or directly through BSE and NSE using your PAN card number.