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Market | Equity | Daily Market Tracker | IPO Synopsis
IPO SYNOPSIS
Paras Healthcare Ltd
Registered Office:
1st Floor, Tower-B, Paras Twin,,
Gurugram - 122002,
Haryana, India.
Initial public offering of up to 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 up to (Rs) 1450 Crores (the "Offer") comprising a fresh issue of up to 7,215,007 equity shares of face value of Re. 1 each aggregating up to (Rs) 500.00 Crores by the company (the "Fresh Issue") and an offer for sale of up to 13,708,513 equity shares of face value of (Rs) 1 each ("Offered Shares") aggregating up to (Rs) 950 Crores comprising up to 4,329,004 equity shares of face value of Re. 1 each aggregating up to (Rs) 300 Crores by Dharminder Kumar Nagar (the "Promoter Selling Shareholder") and up to 9,379,509 equity shares of face value of Re. 1 each aggregating up 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 shall constitute [*]% of the post-offer paid-up equity share capital of the company. Price Band: (Rs) 660 to (Rs) 693 per equity share of face value of (Rs) 1 each. The floor price is 660 times of the face value of the equity shares and the cap 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
Money Payable On
Opens On
Closes On
Application
Allotment
21-Oct-26
23-Oct-26
660.00-693.00
0.00-0.00
Minimum Application for shares in Nos : 21     Further Multiples of : 21
 
(Rs.Cr)
Lead Managers to the Issue
Project Cost
0.00
BofA Securities India Limited
Project Financed
1450.00
 
Post Issue
10.82
 
Issue Price
660.00
 
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
Stock Broker Name Registration Number Registered Address Branch Address Contact Number Email id
DB (International) Stock Brokers Limited INZ000179035 (BROKING)

IN-DP-CDSL-266-2004 (DEPOSITORY)
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Disclosure regarding proprietary trading:

As required under Circular No. SEBI/MRD/SE/Cir-42/2003 dated 19.11.2003 issued by the Securities and Exchange Board of India; We hereby disclose that in addition to client based business, We are also doing proprietary trading.

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