Paras Healthcare IPO
Paras Healthcare is the fifth largest healthcare provider in terms of bed capacity in North India, Bihar and Jharkhand among its peers, with an aggregate of 2,135 beds, as of March 31, 2024. The company has eight hospitals that it operates under the “Paras Health” brand, which are spread across five states and one union territory in North India –Gurugram and Panchkula in Haryana; Patna and Darbhanga in Bihar; Kanpur, Uttar Pradesh; Udaipur, Rajasthan; Ranchi, Jharkhand; and Srinagar in the union territory of Jammu and Kashmir. Its core focus is on providing specialized tertiary medical care in Tier 2 and 3 cities, while seeking to strike a balance between providing quality healthcare services and affordability. The company offers several clinical specialties across its hospitals including cardiac sciences, oncology, neuro sciences, gastro sciences and orthopedics and joint replacement. It has established centres of excellence across its hospitals, where it provides clinical specialties and these centres have been instrumental in launching new programs including organ transplant programs. Its extensive 18 years of experience in the healthcare industry in North India has helped the company develop a strong understanding of the region’s market dynamics.
Paras Healthcare IPO Details
Opening Date To be announced | Closing Date To be announced |
Price Band To be announced | Issue Size To be Announced |
Face Value ₹1 per share | Market Lot To be announced |
Listing at NSE,BSE |
Paras Healthcare IPO Timeline (Tentative Schedule)
IPO Open Date | To be announced |
---|---|
IPO Close Date | To be announced |
Allotment Date | To be announced |
Initiation Of Refunds | To be announced |
Credit Of Shares To Demat Account | To be announced |
IPO Listing Date | To be announced |
UPI Mandate Expiry Date | To be Announced |
Checkout the List of Upcoming IPO
Financial Highlights
Particulars | Total Assets | Total Liabilities | Total Expenses | Total Revenue | Profit after tax | EBITDA |
---|---|---|---|---|---|---|
31 March’24 (In Cr.) | 147.77 | 147.77 | 115.78 | 116.45 | -1.54 | 15.45 |
31 March’23 (In Cr.) | 129.32 | 129.32 | 96.32 | 93.61 | -4.28 | 8.77 |
31 March’22 (In Cr.) | 83.64 | 83.64 | 63.86 | 61.53 | -2.59 | 5.4 |
Strengths & Weakness
Strengths | Weaknesses | ||
---|---|---|---|
Asset light business model with several initiatives to drive patient access and performance. | Business relies on healthcare professionals, and difficulties in attracting, retaining, or training them could harm operations and financial health. | ||
Delivering quality clinical care by attracting and retaining renowned clinicians. | Reliance on North India hospitals, including key revenue centers, makes it vulnerable to regional adverse developments. | ||
Diversified operations across clinical specialties, payor mix and hospitals. | High healthcare costs which can't be passed to patients may impact business and financial health. | ||
Robust operating infrastructure across hospitals including information technology and modern equipment. | Healthcare reforms and uncertain pharmaceutical pricing could impact business and financial health. |
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Frequently Asked Questions
What is the price band of the IPO?
To be announced
What is the size of the company?
To be announced
What is the minimum lot size of the IPO?
To be announced
What is the minimum investment required?
To be announced