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Company Profile

Incorporated in 1987, Paras Healthcare Limited operates under the “Paras Health” brand as a prominent healthcare provider across North India, Bihar, and Jharkhand. With over two decades of operational experience, the company delivers tertiary and quaternary healthcare services through a network of eight hospitals located in Gurugram, Panchkula, Patna, Darbhanga, Kanpur, Udaipur, Ranchi, and Srinagar. As of June 30, 2026, the network offers an aggregate capacity of 2,211 beds. Paras Health focuses heavily on core medical specialties—cardiac sciences, oncology, neurosciences, gastroenterology, orthopedics, and renal care—which collectively contributed 75.30% of its revenue in Fiscal 2026.

Supported by a dedicated medical workforce of 4,670 employees, including 1,084 doctors and 1,937 nurses as of March 2026, the company follows a balanced growth strategy blending mature and new facilities. To meet rising healthcare demands, Paras Healthcare is actively expanding its footprint with a new 300-bed hospital in Gurugram and a 500-bed hospital in Ludhiana. This ongoing expansion is projected to increase its total operational capacity to 3,011 beds by March 2028.

For the year/period ended (Rs. in Cr.)

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*Market cap @upper band

• Leading healthcare provider in North India, Bihar, and Jharkhand.
• Network of 8 hospitals with 2,211-bed capacity.
• Strong Paras Health brand with over 20 years of experience.
• Focus on high-acuity CONGOR specialties.
• Balanced portfolio of mature, emerging, and new hospitals.
• Strong occupancy growth and operational efficiency.
• Experienced workforce of 1,011 doctors and 1,665 nurses.
• Expansion pipeline to reach 3,011 beds by FY28.
• Advanced clinical infrastructure and standardized care protocols.

The Company PARAS HEALTHCARE LIMITED IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:

• Prepayment or scheduled re-payment, in full or part, of certain outstanding borrowings availed by Company (Rs. 320.90 Cr.)
• Investment in our wholly owned Subsidiary, PMHPL (which also operates hospital in Srinagar), for repayment/prepayment of borrowings, in full or part, of PMHPL (Rs. 54.10 Cr.)
• General Corporate Purposes

At the upper band of IPO Rs. 693, the stock is valued at 171.11 P/E multiple. Hence, well-informed investors would wait to subscribe for medium to long term perspective.