Paras Healthcare has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise up to ₹1,800 crore through an initial public offering (IPO), according to livemint.com. The proposed IPO includes a fresh issue of equity shares worth ₹500 crore and an offer for sale (OFS) of shares worth ₹1,300 crore by the selling shareholder.
The company operates under the Paras Health brand and focuses on tertiary and quaternary healthcare services. It runs a network of eight hospitals with a total capacity of 2,211 beds as of March 31, 2026. The IPO filing marks a significant step for Paras Healthcare to expand its presence in the clinical specialty-led hospital sector, as detailed in the DRHP submitted to SEBI.
The healthcare sector in India has seen increasing investor interest, with hospital chains raising capital to expand infrastructure and services. Paras Healthcare’s IPO follows similar moves by peers aiming to capitalize on growing demand for specialized medical care. The ₹1,800 crore issue size places it among notable healthcare listings this year, reflecting the sector’s ongoing consolidation and growth trajectory.
The IPO filing was updated on June 5, 2026, and the company awaits SEBI’s approval before proceeding. The fresh equity and offer for sale together will provide liquidity to existing shareholders and fund expansion plans, positioning Paras Healthcare to enhance its hospital network across India.