Last updated: Wed, Oct 28, 2026, 3:24 PM IST · mainboard IPO · NSE
- Paras Healthcare shares listed at ₹720, 3.9% above the issue price of ₹693
- Day range so far: ₹706 to ₹748.85
- Last traded price: ₹733.05 (+5.78% versus the issue price)
- Volume: 74,81,171 shares
- Price band: ₹660 to ₹693 per share
- Final subscription: 2.23x overall
The Paras Healthcare IPO listed on the NSE on October 28, 2026, at ₹720 per share. This was 3.9% above the issue price of ₹693. As of 3:24 PM IST on the same day, the shares traded between ₹706 and ₹748.85. The last traded price was ₹733.05, which is a change of +5.78% versus the issue price.
Paras Healthcare Share Price on Listing Day
| Field | Value |
|---|---|
| Issue price | ₹693 |
| Listing price | ₹720 |
| Listing gain versus issue price | +3.9% |
| Day high | ₹748.85 |
| Day low | ₹706 |
| Last traded price | ₹733.05 |
| Volume (shares) | 74,81,171 |
| Exchange | NSE |
Paras Healthcare Listing Price versus Price Band
| Price point | Price | Versus issue price |
|---|---|---|
| Price band, lower end | ₹660 | −4.76% |
| Price band, upper end | ₹693 | +0% |
| Issue price | ₹693 | — |
| Listing price | ₹720 | +3.9% |
| Day high | ₹748.85 | +8.06% |
| Day low | ₹706 | +1.88% |
| Last traded price | ₹733.05 | +5.78% |
The shares opened at ₹720, which is higher than the upper end of the price band of ₹693. Throughout the trading session, the stock reached a high of ₹748.85 and a low of ₹706. The issue price was set at ₹693 per share.
Paras Healthcare IPO Subscription Recap
Day-wise subscription
| Day | Date | Total bids (shares) | Bid value at upper band (₹ crore) | Subscribed (x) |
|---|---|---|---|---|
| Day 1 | Wed, Oct 21, 2026 | 17,81,619 | 123.47 | 0.15x |
| Day 2 | Thu, Oct 22, 2026 | 41,24,631 | 285.84 | 0.34x |
| Day 3 | Fri, Oct 23, 2026 | 2,69,43,315 | 1,867.17 | 2.23x |
Category-wise subscription
| Category | Shares offered | Day 3 bids | Day 3 (x) |
|---|---|---|---|
| QIB | 65,90,908 | 2,03,81,592 | 3.09x |
| NII | 32,95,454 | 21,66,213 | 0.66x |
| of which individual NII | — | 19,93,635 | — |
| of which corporate NII | — | 1,22,451 | — |
| of which other NII | — | 50,127 | — |
| Retail | 21,96,969 | 43,95,510 | 2.00x |
| Total | 1,20,83,331 | 2,69,43,315 | 2.23x |
About Paras Healthcare
Paras Healthcare Ltd. operates as a healthcare provider with an aggregate of 2,135 beds as of March 31, 2024. The company manages eight hospitals under the Paras Health brand across five states and one union territory in North India. Its facilities are located in cities including Gurugram, Patna, Kanpur, Udaipur, Ranchi, and Srinagar. The company focuses on tertiary medical care in Tier 2 and 3 cities, offering specialties such as cardiac sciences, oncology, and neuro sciences. It has 18 years of experience in the healthcare industry.
| Field | Value |
|---|---|
| IPO date | Wed, Oct 21, 2026 to Fri, Oct 23, 2026 |
| Listing date | Wed, Oct 28, 2026 |
| Face value | ₹1 per share |
| Price band | ₹660 to ₹693 per share |
| Lot size | 21 shares |
| Total issue size | 1,20,83,331 shares (₹837 crore) |
| Listing at | NSE & BSE |
| Lead managers | JM Financial Ltd., BofA Securities India Ltd., Nuvama Wealth Management Ltd. |
| Registrar | MUFG Intime India Pvt Ltd. |
Paras Healthcare Financial Highlights
| Metric | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Revenue from operations (₹ crore) | 1,605.95 | 1,294.06 | 1,129.04 |
| Total income (₹ crore) | 1,628.78 | 1,314.21 | 1,164.41 |
| Profit after tax (₹ crore) | 43.83 | -57.98 | -15.33 |
| Net worth (₹ crore) | 394.94 | 280.49 | 338.51 |
| Total borrowings (₹ crore) | 323.43 | 227.55 | 148.38 |
| EPS (₹) | 4.34 | -5.94 | -1.57 |
Revenue from operations reached ₹1,605.95 crore in FY 2025-26, up from ₹1,294.06 crore in FY 2024-25. Profit after tax was ₹43.83 crore in FY 2025-26, compared to ₹-57.98 crore in FY 2024-25. The debt-to-equity ratio stood at 0.82x at the end of FY 2025-26.
What to Track Next
- Where the shares trade against the issue price: the last traded price is ₹733.05, +5.78% versus ₹693.
- How much trades: 74,81,171 shares have changed hands so far.
- Company announcements and results are published on NSE.
This article is for information only and is not investment advice. Price and subscription figures are based on exchange data as of Wed, Oct 28, 2026, 3:24 PM IST and can change. IPO investments are subject to market risks; read the offer document carefully before investing.