About Paras Healthcare
Healthcare - Hospitals
Paras Healthcare operates a hospital network providing secondary and tertiary healthcare services.
Healthcare - Hospitals - Listed on 28 October 2026
Paras Healthcare (Healthcare - Hospitals) closed its IPO window in 2026 and listed on NSE and BSE on 28 October 2026 at an upper band issue price of Rs 693, opening at Rs 720 for a listing gain of +3.9%. The IPO was subscribed 2.23x overall - QIB 3.09x, HNI/NII 0.66x, Retail 2.00x. The total issue size was Rs 1,450 Cr (Fresh Issue Rs 500 Cr, OFS Rs 950 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Healthcare - Hospitals
Paras Healthcare operates a hospital network providing secondary and tertiary healthcare services.
Issue structure, listing outcome and context
The ₹1,450 crore IPO comprised a ₹500 crore fresh issue and a ₹950 crore offer for sale, priced at ₹693 per share. The company proposed to use ₹375 crore from the fresh issue proceeds to repay part of its outstanding debt, with the balance for general corporate purposes. Shares listed on NSE and BSE at ₹720, a 3.90% premium to the issue price. The AI predicted listing price matched the actual listing price of ₹720, equivalent to a 3.90% gain over the ₹693 issue price.
Number of times each investor category subscribed by close of Day 3.
How overall subscription built up across the three-day issue window.
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | - | - |
| Day 2 | - | - |
| Day 3 | - | +0.10% |
| Day 4 | - | - |
| Day 5 | - | - |
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Prediction Accuracy: 0.0 pp (Highly accurate)
How the broader market moved around the Paras Healthcare IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Paras Healthcare IPO listed at +3.9% versus the upper issue price of Rs 693 on 28 October 2026.
Paras Healthcare IPO was subscribed 2.23x overall. QIB portion was subscribed 3.09x, HNI / NII 0.66x and Retail 2.00x.
Day-by-day IPO GMP data for Paras Healthcare is listed in the table above.