PARASHCL · NSE · Unknown

Paras Healthcare.

View on Screener ↗

Unclassified · Upcoming

Unverified

Financial Performance

Amounts in ₹ crore; EPS in ₹ per share. PAT is total profit for the period, including non-controlling interests. Standalone statements.

Not yet reported for this period and basis.

01 · UNDERSTAND THE BUSINESS

The company in 60 seconds

Paras Health is the fifth largest healthcare provider by bed capacity in North India, Bihar, and Jharkhand, with 2,135 beds across eight hospitals as of March 31, 2024. Focused on providing specialized tertiary care in Tier 2 and 3 cities, Paras Health offers clinical specialties like cardiac sciences, oncology, and orthopedics. With 18 years of experience, the company has an asset-light business model, successfully expanding into underserved markets. It has plans to increase bed capacity to 2,935 by 2029 through new hospitals in Gurugram and Ludhiana. Paras Health also invests in digital healthcare solutions.

What supports the business

  • One of the largest healthcare providers in underserved markets of North India, with a first-mover advantage in key regions.
  • Asset-light business model focused on driving patient access and operational performance.
  • Strong ability to attract and retain renowned clinicians, delivering high-quality clinical care.
  • Diversified operations across multiple clinical specialties, payor mix, and geographic locations.
  • Robust infrastructure with advanced information technology systems and modern medical equipment.
  • Doctor-led professional management team with proven execution capabilities and deep industry expertise.

What could go wrong

  • Incurred significant losses in recent years with no guarantee of future profitability.
  • Reliant on attracting and retaining skilled healthcare professionals to maintain operations.
  • Regulatory changes and pharmaceutical pricing uncertainties could harm financial performance.
  • Dependence on in-patient revenue and occupancy rates affects profitability.
  • Non-exclusive doctor arrangements risk disruption if key doctors leave.
  • Non-compliance with regulations could severely impact business and finances.
Where will the IPO money go?

Use of proceeds is awaiting review.

Fresh issue proceeds go to the company. Offer-for-sale proceeds go to the selling shareholders.

Provider content · IPOALERTS · Not independently reviewed · Retrieved 3 Oct 2026, 12:08 pm IST · Data source ↗

A research starting point, not an apply/avoid recommendation.

02 · PREPARE YOUR APPLICATION

How much will be blocked?

Category rules pending · Unknown

Applications have not opened yet.

Application rules are awaiting review. Check the issue prospectus or your broker.

Before you finish applying 0/5

Your personal checklist for this visit. MeraIPO cannot verify or submit an application.

Application checklist

All checked? This still does not guarantee allotment. If a UPI mandate is missing, contact the broker or intermediary you used. ASBA through a bank may not use UPI.

Application help from NSE ↗

03 · KEEP TRACK

Dates that matter

Tentative · check for changes
  1. Applications openTo be announced
  2. Applications closeTo be announced
  3. Accept UPI mandate byTo be announced
  4. Allotment expectedTo be announced
  5. Unblocking startsTo be announced
  6. Expected listingTo be announced

All times are IST. Your broker may stop accepting bids earlier. Unblocking is an initiation date; bank processing times can differ.

Add dates to calendar ↓

Import these dates into your calendar. Saved dates will not update automatically if the schedule changes.

Did you get shares?

The official registrar link is awaiting verification.

UPI mandate missing?

Check your UPI app and application status with the broker or bank you used. Contact that intermediary before the applicable deadline. Submitting a bid alone does not confirm that funds were blocked.

NSE application guidance ↗

Market interest

Unofficial GMP

₹94

Implied price: —

An unofficial indication, not an exchange quote or a forecast. Listing prices may differ substantially.

16 Oct 2026, 3:00 pm IST · Stale

Financial history & source documents
IPO BASELINE PRICE—Original issue
CURRENT PRICE—Price pending
SINCE IPO—Price return only
FROM RECORDED ATH—Historical peak comparison

BUSINESS VS PRICE

Insufficient Data / Price pending

Two comparable YoY results and EBITDA margins are required.

How this is calculated ↗

The quarterly journey

₹ Cr except EPS and ratios
Financial metricIPO baseline
Revenue—
Revenue YoY—
Revenue QoQ—
EBITDA—
EBITDA YoY—
EBITDA QoQ—
EBITDA margin—
Margin change QoQ (bps)—
Margin change YoY (bps)—
PAT—
PAT YoY—
PAT QoQ—
EPS (₹)—
Operating cash flow—
Debt—
ROE—
ROCE—

Quarterly results are not available yet. The original IPO baseline is retained separately.

“—” means unavailable, not zero. Year-on-year growth requires a positive comparable period. Cash flow is shown only when reported for that period.

Annual financial history · latest four years

Separate from the original pre-IPO baseline. Amounts in ₹ crore; EPS in ₹.

No annual filings have been imported yet.

Stock journey

Listing price
—
Since listing
—
All-time high
—
52-week high / low
— / —

Valuation snapshot

Data unavailable

IPO P/E
—
Current P/E
—
Peer median P/E
—
Market cap (₹ Cr)
—
EV / EBITDA
—

Sources & further research

Filing sources & update times
Source and verification record

Rhp url ↗ · Unverified · 3 Oct 2026, 12:08 pm IST

Status ↗ · Unverified · 3 Oct 2026, 12:08 pm IST

Exchange ↗ · Unverified · 3 Oct 2026, 12:08 pm IST

Board ↗ · Unverified · 3 Oct 2026, 12:08 pm IST

Sector ↗ · Unverified · 3 Oct 2026, 12:08 pm IST

Name ↗ · Unverified · 3 Oct 2026, 12:08 pm IST

Slug ↗ · Unverified · 3 Oct 2026, 12:08 pm IST