paras healthcare ipo

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    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.

    How to apply in IPO via UPI on Dynami

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    How to apply for Paras Healthcare IPO?

    Retail investors need to apply for the IPO using UPI

    UPI

    • Link your bank account to a UPI ID.
    • Register your UPI id with your Demat account.
    • Subscribe for Paras Healthcare IPO and approve the payment on your UPI ID.

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