Paras Healthcare Ltd. has announced public offering of 20923521 shares at a price of Rs 1.00 each for Cash at a Premium of Rs 692.00 per share. The gross proceeds of the issue are expected to be Rs 1,45,000.00 lakhs.
The company's initial public offer (IPO) will open on 21 October 2026 and is expected to close on 23 October 2026, subject to customary closing conditions. The price band of the issue has been fixed at Rs 660.00-693.00 per share.
The IPO includes a fresh Issue of 20923521 Equity Shares of the Company at an price of Rs 693.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 21 shares with bids in multiples of 21.
Paras Healthcare Ltd. anticipates using the proceeds of the issue for .
JM Financial Ltd.,BofA Securities India Limited,Nuvama Wealth Management Ltd. as lead manager(s) & MUFG Intime India Pvt. Ltd. is the registrar, to the issue.