Paras Healthcare sets ₹660-₹693 IPO price band for ₹1,450 crore issue
In short
Paras Healthcare set its IPO price band at ₹660 to ₹693 a share for a ₹1,450 crore issue. A market summary says the offer has a fresh issue of up to ₹500 crore and an offer for sale of up to ₹950 crore.
This matters for investors watching a new public offering in the healthcare sector. The reporting does not say when the IPO will list or what the money will be used for.
What the reporting says
Paras Healthcare set a ₹660 to ₹693 per share price band for a ₹1,450 crore IPO, according to BusinessLine’s market summary. The publisher says the issue includes a fresh issue of up to ₹500 crore and an offer for sale of up to ₹950 crore by the selling shareholder. The reporting does not state listing dates, subscription details or how the proceeds will be used.
Why it matters
Paras Healthcare set a ₹660 to ₹693 per share price band for a ₹1,450 crore IPO, based on BusinessLine’s summary. The reported structure splits the issue between a fresh issue of up to ₹500 crore and an offer for sale of up to ₹950 crore. That makes this a capital-raising and shareholder-sale event for the company, but the reporting does not provide listing timing, demand, or use of proceeds.