Paras Healthcare opens Rs 1,450 crore IPO on Oct. 21
In short
Paras Healthcare’s Rs 1,450 crore IPO opened on October 21 and closes on October 23. The offer includes a Rs 500 crore fresh issue and a Rs 950 crore sale by existing holders, and the GMP is around 7%.
This matters for investors because it shows early interest in the IPO. The final subscription level and listing outcome are not stated.
What the reporting says
Paras Healthcare’s Rs 1,450 crore IPO opened for subscription on October 21 and is set to close on October 23. The issue includes a Rs 500 crore fresh issue and a Rs 950 crore offer for sale, with a grey market premium of around 7% in the reporting. The immediate demand and final pricing outcome remain unknown from the available material.
Why it matters
Paras Healthcare opened its Rs 1,450 crore IPO for subscription on October 21, with the issue due to close on October 23. The offering consists of a Rs 500 crore fresh issue and a Rs 950 crore offer for sale, and the reporting says the grey market premium is around 7%. The available material does not state the price band, subscription levels or listing plans.