Paras Healthcare Ltd
Pre Issue Shares
9,76,10,660
No. of Shares Issued
-
Pre Issue Equity Amt.
₹9.76 Cr
DP Filling Date
31 July 2024
Paras Healthcare Ltd IPO Timeline
Paras Healthcare Limited was incorporated as Arbian Frozen Foods Private Limited', a Private Limited Company, pursuant to a Certificate of Incorporation dated December 21, 1987, issued by the RoC. Company became a deemed public company with effect from July 1, 1993, and the name was changed to 'Arbian Frozen Foods Limited'. Company was re-converted from a deemed public company to a Private Limited Company and the name of Company was changed to Arbian Frozen Foods Private Limited' and the Certificate of Incorporation was endorsed by the RoC on June 16, 2003. Subsequently, Company name was changed from Arbian Frozen Foods Private Limited' to Paras Healthcare Private Limited' by the RoC on July 21, 2003. Company was converted from a Private Company to a Public Company, and name was changed to 'Paras Healthcare Limited', vide fresh Certificate of Incorporation on July 18, 2024.
Paras Healthcare Ltd IPO Details
| Paras Healthcare Ltd IPO Date | - |
| Paras Healthcare Ltd IPO Face Value | - |
| Paras Healthcare Ltd IPO Price | - |
| Paras Healthcare Ltd IPO Lot Size | - |
| Issue Size | - |
| Fresh Issue | - |
| Offer for Sale | - |
| Issue Type | - |
| Listing At | - |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Dharminder Kumar Nagar |
- Strengths
- Risks
- Opportunities
- Fifth largest healthcare provider in terms of bed capacity in North India, Bihar and Jharkhand among our Peers, with an aggregate of 2,135 beds, as of March 31, 2024.
- Asset light business model with several initiatives to drive patient access and performance.
- Delivering quality clinical care by attracting and retaining renowned clinicians.
- Diversified operations across clinical specialties, payor mix and hospitals.
- Robust operating infrastructure across our hospitals including information technology and modern equipment.
- Doctor led professional management team with proven execution capabilities.
Company Financials
Paras Healthcare Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 1,405.78 | 1,045.2 | 69.08 |
| 03-2023 | 1,192.2 | 904.77 | 0.62 |
| 03-2021 | 799.52 | 616.14 | -10.23 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Prepayment or scheduled re-payment of a portion of certain outstanding borrowings availed by the company
- Investment in its subsidiary Paras Healthcare (Ranchi) Pvt Ltd and Plus Medical Hospotals Pvt Ltd in the form of debt or equity for repayment/prepayment of borrowings in full or part of such subsidiaries
- Geneal corporate purposes
Paras Healthcare Ltd IPO Prospectus
Paras Healthcare Ltd IPO Listing Date
| BSE Script | - |
| NSE Symbol | - |
| Listing In | - |
| IPO Price | ₹0 |
| Face Value | ₹1 |
Company Contact Information
1st Flr Tower B Paras Twin TwrGolf Course Road Sector 54,Gurugram-122002
Phone: +91 124 430 2163
Email: cs@parashospitals.com
Website: www.parashospitals.com
Paras Healthcare Ltd IPO Registrar
Paras Healthcare Ltd IPO Lead Manager(s)
- ICICI Securities Ltd
- IIFL Securities Ltd
- Motilal Oswal Investment Advisors Ltd