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IPO Synopsis
Paras Healthcare Ltd
Initial public offering of 20,923,520 equity shares of face value of Re. 1 each of Paras Healthcare Limited (the "Company" or the "Issuer") for cash at a price of Rs. 693 per equity share (including a share premium of Rs. 692 per equity share) ("Offer Price") aggregating to Rs. 1450 Crores (the "Offer") comprising a fresh issue of 7,215,007 equity shares of face value of Re. 1 each aggregating to Rs. 500.00 Crores by the company (the "Fresh Issue") and an offer for sale of 13,708,513 equity shares of face value of Rs. 1 each ("Offered Shares") aggregating to Rs. 950 Crores, comprising 4,329,004 equity shares of face value of Re. 1 each aggregating to Rs. 300 Crores by Dharminder Kumar Nagar (the "Promoter Selling Shareholder") and 9,379,509 equity shares of face value of Re. 1 each aggregating to Rs. 650 Crores by Commelina Ltd (the "Investor Selling Shareholder", and together with the promoter selling shareholder, the "Selling Shareholders") (such offer for sale of equity shares of face value of Re. 1 each by the selling shareholders, the "Offer for Sale"). The offer constituted 19.34% of the post-offer paid-up equity share capital of the company. Price Band: Rs. 693 per equity share of face value of Rs. 1 each. The floor price is 693 times of the face value of the equity shares. Bids can be made for a minimum of 21 equity shares of face value of Rs. 1 each and in multiples of 21 equity shares of face value of Rs. 1 each thereafter.
Issue
Opens On Closes On
21-Oct-26 23-Oct-26
Money Payable On
Application Allotment
693.00 0.00
Minimum Application for shares in Nos : 21 Further Multiples of : 21
Cr Lead Managers to the Issue
Project Cost (.Cr) 476.11 BofA Securities India Limited
Project Financed through Current Offer (.Cr) 1450.00  
Post Issue Equity Share Capital (.Cr) 10.82
Issue Price () 693.00
Projects
Prepayment or scheduled re-payment of a portion of certain outstanding borrowings availed by the company
Investment in the company wholly owned Subsidiary, PMHPL (which also operates its hospital in Srinagar), for repayment/prepayment of borrowings, in full or part, of PMHPL
Geneal corporate purposes
Promoted By
Dharminder Kumar Nagar
Gurdeep Kaur Nagar
Ranya Nagar
Listing At
BSE
NSE
Registrar to the Issue
MUFG Intime India Pvt Ltd

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