243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

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Paras Healthcare Limited

Gurugram

Date of DRHP : 31 Jul 2024

Issue Type : Book building Process

IPO Type :
MainBoard IPO

Paras Healthcare Basic Details

   Healthcare

Sub Sector: Healthcare services providers

About the Company

Paras Healthcare is the fifth largest healthcare provider in terms of bed capacity in North India, Bihar and Jharkhand among Company's Peers, with an aggregate of 2,135 beds, as of March 31, 2024. (Source: CRISIL Report) Paras Healthcare have eight hospitals that Paras Healthcare operate under the “Paras Health” brand, which are spread across five states and one union territory in North India – Gurugram and Panchkula in Haryana; Patna and Darbhanga in Bihar; Kanpur, Uttar Pradesh; Udaipur, Rajasthan; Ranchi, Jharkhand; and Srinagar in the union territory of Jammu and Kashmir. Company's core focus is on providing specialized tertiary medical care in Tier 2 and 3 cities, while seeking to strike a balance between providing quality healthcare services and affordability. Paras Healthcare offer several clinical specialties across Company's hospitals including cardiac sciences, oncology, neuro sciences, gastro sciences and orthopedics and joint replacement. Paras Healthcare have established centres of excellence across Company's hospitals, where Paras Healthcare provide clinical specialties and these centres have been instrumental in launching new programs including organ transplant programs. Company's extensive 18 years of experience in the healthcare industry in North India has helped us develop a strong understanding of the region’s market dynamics. This, along with Company's flexible operating model have 199 enabled them to build an asset light business with strong unit economics.

Financial Summary (Annualised Basis)

Revenue :
1151.02 Cr.

PAT :
-15.33 Cr.

Paras Healthcare IPO Registrar

Link Intime India Private Limited

Paras Healthcare DRHP Details

Objects of issue

  • Offer for sale
  • Prepayment or scheduled re-payment of a portion of certain outstanding borrowings availed by Company's Company
  • Investment in Company's 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
  • General corporate purposes

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FAQs

Paras Healthcare operates in Healthcare and Healthcare services providers. The Issue would be listed on MainBoard. The registrar of the Issue is Link Intime India Private Limited. The IPO type of Paras Healthcare is Book building Process and Object of issue is

  • Offer for sale
  • Prepayment or scheduled re-payment of a portion of certain outstanding borrowings availed by Company's Company
  • Investment in Company's 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
  • General corporate purposes

The DRHP (Draft Red Herring Prospectus) of Paras Healthcare IPO was filed on 31 Jul 2024.

No, Paras Healthcare IPO is not yet listed. See other upcoming MainBoard IPOs here.

The IPO open date and IPO close date of Paras Healthcare are not available now. You can apply in Paras Healthcare IPO online using either UPI or ASBA as a payment method. ASBA IPO application can be done through net banking of your bank account. UPI IPO application is also offered by brokers, though they don't handle any banking services.

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