The Paras Healthcare IPO allotment status is due on 26 October. The ₹1,450 crore issue closed on 23 October, subscribed 2.23 times. Shares are set to list on 28 October on the NSE and BSE.
How do you check your allotment?
The registrar for this issue is MUFG Intime India. Once the basis of allotment is final, you can check your status on the registrar's site or on our Paras Healthcare allotment page. You need your PAN, application number or demat account details.
If you are new to this, our guide on how to check IPO allotment status walks through the steps.
| Step | Date |
|---|---|
| Basis of allotment | 26 October |
| Refund for those not allotted | 27 October |
| Shares credited to demat | 27 October |
| Listing on NSE and BSE | 28 October |
How was the demand?
Demand was weak. Retail investors bid 2 times their quota. That means roughly half of retail applicants can expect one lot of 21 shares, though allotment is a lottery once a quota is oversubscribed.
| Category | Subscribed |
|---|---|
| QIB | 3.09x |
| NII | 0.66x |
| Retail | 2x |
| Total | 2.23x |
NII bids, from investors who bid above ₹2 lakh, did not cover their quota. The full day-wise numbers are in our final day subscription report.
What our data shows
The GMP was ₹9 on the morning of 26 October. That is about 1.3% above the upper band of ₹693. It was ₹25 when the issue opened on 21 October. GMP is an unofficial grey market number, not an exchange price, so it can change before listing.
On the last 10 mainboard listings, the final GMP was off by about 7 percentage points on average. It overstated the gain five times and understated it five times.
What does the company do?
Paras Healthcare runs eight hospitals with 2,211 beds in Haryana, Bihar, Uttar Pradesh, Rajasthan, Jharkhand and Jammu and Kashmir. The company made a profit of ₹43.83 crore in FY2026 after a loss of ₹57.98 crore the year before.
Of the ₹1,450 crore issue, ₹500 crore is fresh money for the company. The other ₹950 crore is an offer for sale (OFS) by selling shareholders. The company plans to use ₹320.90 crore of the fresh money to repay loans.
What happens next
Refunds and demat credit follow on 27 October. The shares list on 28 October.
