Bidding closedMainboardHospital & Healthcare ServicesPARASHLTH

Paras Healthcare IPO

Paras Healthcare IPO is a mainboard IPO raising ₹1,450 Cr at ₹660 – ₹693 a share. The smallest application you can make is 21 shares, costing ₹14,553 at the top of the band. Bidding has closed; the shares list on 28 Oct 2026. So far it has been subscribed 2.23× in total.

₹660 – ₹693
Price band
₹14,553
Minimum to apply (21 shares)
₹1,450 Cr
Issue size
23 Oct 2026
Bidding closes
2.23×Subscribed · all exchanges

2.2 times more demand than shares on offer

populated partly populated we hold nothing here — the tab says why

Who bid for it

Investor categoryShares offeredShares bid forSubscribed
QIB
Banks, funds and other large institutions
65,90,9082,03,81,5923.09×
Foreign Institutional Investorsno separate quota71,30,235n/a
Domestic Financial Institutionsno separate quota6,88,968n/a
Mutual fundsno separate quota1,03,89,540n/a
Othersno separate quota21,72,849n/a
Non-institutional
Wealthy individuals and companies bidding above ₹2 lakh
32,95,45421,66,5070.66×
Non Institutional Investors21,96,97012,89,8830.59×
Corporatesno separate quota1,13,043n/a
Individualsno separate quota11,47,734n/a
Othersno separate quota29,106n/a
Non Institutional Investors10,98,4848,76,6240.80×
Corporatesno separate quota9,408n/a
Individualsno separate quota8,46,195n/a
Othersno separate quota21,021n/a
Retail
Ordinary investors bidding up to ₹2 lakh
21,96,96943,95,6152.00×
Cut Offno separate quota39,30,360n/a
Price bidsno separate quota4,65,255n/a
Total1,20,83,3312,69,43,7142.23×

Sub-categories read no separate quota rather than a dash: the exchange publishes bids at that level but never a reservation against them, so a subscription multiple does not exist — it is not missing data. Bids across both exchanges (NSE and BSE) — the figure usually quoted publicly. Last updated 24 Oct, 08:15 am IST.

Where the bids landed

Demand falls about 86% from the bottom of the band to the top. 15% of the book was bid at cut-off — investors who accept whatever price is set.

₹6602.70 Cr
₹6612.69 Cr
₹6622.69 Cr
₹6632.69 Cr
₹6642.69 Cr
₹6652.69 Cr
₹6662.69 Cr
₹6672.69 Cr
₹6682.69 Cr
₹6692.69 Cr
₹6702.69 Cr
₹6712.69 Cr
₹6722.69 Cr
₹6732.69 Cr
₹6742.31 Cr
₹6752.69 Cr
₹6762.69 Cr
₹6772.69 Cr
₹6782.69 Cr
₹6792.69 Cr
₹6802.69 Cr
₹6812.69 Cr
₹6822.69 Cr
₹6832.69 Cr
₹68437.95 L
₹6852.69 Cr
₹68637.94 L
₹6872.31 Cr
₹6882.69 Cr
₹6892.31 Cr
₹6902.69 Cr
₹6912.69 Cr
₹6922.69 Cr
₹6932.69 Cr
Cut-off39.41 L

Cumulative shares bid for at each price, across both exchanges. “Cut-off” means the investor accepts whatever final price is set — mostly small retail applications. A band where demand barely changes between the low and high price tells you bidders were not price-sensitive.

How demand built

Our own series — the exchanges publish a running total and never a history.25 readings held.

21 Oct, 10:15 am0.00×
21 Oct, 12:15 pm0.07×
21 Oct, 01:15 pm0.10×
21 Oct, 02:15 pm0.11×
21 Oct, 03:15 pm0.12×
21 Oct, 04:15 pm0.13×
21 Oct, 05:15 pm0.15×
21 Oct, 06:15 pm0.09×
22 Oct, 10:15 am0.16×
22 Oct, 11:15 am0.20×
22 Oct, 12:15 pm0.22×
22 Oct, 01:15 pm0.24×
22 Oct, 02:15 pm0.27×
22 Oct, 03:15 pm0.28×
22 Oct, 04:15 pm0.32×
22 Oct, 05:15 pm0.34×
22 Oct, 06:15 pm0.23×
23 Oct, 10:15 am0.36×
23 Oct, 11:15 am0.39×
23 Oct, 12:15 pm0.43×
23 Oct, 01:15 pm0.62×
23 Oct, 02:15 pm0.65×
23 Oct, 03:15 pm1.25×
23 Oct, 04:15 pm2.20×
23 Oct, 05:15 pm2.21×

Institutions typically enter the book on the final day, which is why a day-one subscription figure tells you very little.