Paras Healthcare IPO
Paras Healthcare Limited (PARASHLTH) · mainboard IPO on NSE and BSE · Book Building. Bidding is open until Friday, 23 October; subscription below refreshes every 15 minutes.
Issue details
Timeline
- Bidding opensWed 21 Oct
- Bidding closesFri 23 Oct
- AllotmentMon 26 Oct
- Refunds & demat creditTue 27 Oct
- ListingWed 28 Oct
Allotment, credit and listing dates follow the T+3 timetable; the exchanges confirm the listing date nearer the time.
How much to bid
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 21 | ₹14,553 |
| Retail (max) | 13 | 273 | ₹1,89,189 |
| Small NII (min) | 14 | 294 | ₹2,03,742 |
| Small NII (max) | 68 | 1,428 | ₹9,89,604 |
| Big NII (min) | 69 | 1,449 | ₹10,04,157 |
At the upper end of the price band (₹693). Retail bids go up to ₹2 lakh, small NII from above ₹2 lakh to ₹10 lakh, big NII above ₹10 lakh.
Check allotment status
Allotment is finalised on Monday, 26 October; status pages usually update that evening.
You need your PAN or application number. Shares are credited to your demat account on 27 October; blocked money for bids not allotted is released the same day.
AI listing estimate Live, moves with bids
"Likely" is the middle 60% of outcomes our AI model expects; one IPO in five can be expected to list above that range and one in five below it. While bidding is open the estimate uses the bids so far; most institutional and HNI money arrives on the last day, so an early estimate usually understates strong issues. See how the estimates have done.
| Bids as of | Total subscription | Listing gain estimate | Max gain estimate | Chance of a gain |
|---|---|---|---|---|
| 23 Oct, 04:54 PM | 2.23x | -1.6% | +1.8% | 33% |
| 23 Oct, 04:42 PM | 2.22x | -1.5% | +1.8% | 33% |
| 23 Oct, 04:24 PM | 2.21x | -1.5% | +1.8% | 36% |
| 23 Oct, 04:21 PM | 2.21x | -1.5% | +1.8% | 36% |
| 23 Oct, 04:12 PM | 2.21x | -1.5% | +1.8% | 36% |
| 23 Oct, 03:54 PM | 2.20x | -1.5% | +1.8% | 50% |
| 23 Oct, 03:42 PM | 1.72x | -2.0% | +1.6% | 33% |
| 23 Oct, 03:30 PM | 1.71x | -2.0% | +1.6% | 33% |
Subscription status live
| Category | Shares offered | Shares bid for | Subscribed | |
|---|---|---|---|---|
| QIB (institutions) | 65,90,908 | 2,03,81,592 | 3.09x | |
| NII (HNI) total | 32,95,454 | 21,56,973 | 0.65x | |
| Big NII (above ₹10 lakh) | 21,96,970 | 12,89,883 | 0.59x | |
| Small NII (₹2-10 lakh) | 10,98,484 | 8,67,090 | 0.79x | |
| Retail | 21,96,969 | 43,73,838 | 1.99x | |
| Total | 1,20,83,331 | 2,69,12,403 | 2.23x |
Bids on NSE and BSE together, as published by NSE, as of 23 Oct 2026, 04:54 PM. Shares offered exclude the anchor portion. 15% of all shares bid for were at the cut-off price.
How bids built up
Past IPOs with similar demand
Earlier mainboard IPOs whose QIB, NII and retail subscription and size were closest to Paras Healthcare's, and how they listed.
| IPO | QIB | NII | Retail | Total | Size | Listing gain | Day high |
|---|---|---|---|---|---|---|---|
| Indian Energy ExchangeOct 2017 | 2.56x | 0.85x | 2.61x | 2.28x | ₹1,426 Cr | -9.1% | +0.6% |
| UTI Asset Management CompanyOct 2020 | 3.34x | 0.93x | 2.32x | 2.31x | ₹2,160 Cr | -9.8% | -4.3% |
| Shadowfax TechnologiesJan 2026 | 3.81x | 0.84x | 2.31x | 2.72x | ₹2,004 Cr | -9.2% | -3.5% |
| Paradeep PhosphatesMay 2022 | 3.01x | 0.82x | 1.37x | 1.75x | ₹1,637 Cr | +4.8% | +12.5% |
| Juniper HotelsFeb 2024 | 2.96x | 0.85x | 1.28x | 2.08x | ₹1,895 Cr | +1.4% | +11.5% |
| Zinka Logistics SolutionsNov 2024 | 2.76x | 0.24x | 1.66x | 1.86x | ₹1,110 Cr | +2.9% | +4.7% |
Lead managers and their listing record
| Book running lead manager | Mainboard IPOs since 2019 | Avg listing gain | Listed at a premium |
|---|---|---|---|
| JM Financial | 109 | +22.8% | 75% |
| BofA Securities India | 18 | +30.6% | 72% |
| Nuvama Wealth Management | 35 | +11.9% | 66% |
Offer documents (NSE)
Frequently asked
What is the Paras Healthcare IPO price band and lot size? ₹660–693 per share, with a lot of 21 shares, so the smallest retail bid is ₹14,553.
When are allotment and listing? Allotment Monday, 26 October; refunds and demat credit 27 October; listing Wednesday, 28 October (expected). Allotment status is published by the registrar, MUFG Intime India Private Limited, and on the NSE and BSE websites.
How many times has it been subscribed? 2.23x overall: QIB 3.09x, NII 0.65x, retail 1.99x.
What listing gain can be expected? Our AI estimate is -2% at the open (likely -8% to +3%), and the chance of listing above the issue price is put at 33%. This is a statistical estimate, not a forecast or advice.
