Paras Healthcare Ltd - IPO

Paras Healthcare Ltd IPO Details

Initial public offering of up to [*] equity shares of face value of Re. 1 each of Paras Healthcare Limited (the Company or the Issuer) for cash at a price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share) (Offer Price) aggregating up to Rs. 1800 crores (the Offer) comprising a fresh issue of up to [*] equity shares of face value of Re. 1 each aggregating up to Rs. 500.00 crores by the company (the Fresh Issue) and an offer for sale of up to equity shares of face value of Rs. 1 each (Offered Shares) [*] aggregating up to Rs. 1300 crores comprising up to [*] equity shares of face value of Re. 1 each aggregating up to Rs.300 crores by Dharminder Kumar Nagar (the Promoter Selling Shareholder) up to [*] equity shares of face value of Re. 1 each aggregating up to Rs.800 crores by Commelina Ltd up to [*] equity share of face value of Re. 1 each aggregating up to Rs. 0.4 crores (the Investor Selling Shareholder, and together with the promoter selling shareholder, the Selling Shareholders) aggregating up to Rs. [*] crores (such offer for sale of equity shares of face value of Re. 1 each by the selling shareholders, the Offer for Sale). The face value of the equity shares is Re. 1 each. The offer price is [*] times the face value of the equity shares of face value of Re. 1 each. The price band and the minimum bid lot will be decided by the company.

Objective of issue

Prepayment or scheduled re-payment of a portion of certain outstanding borrowings availed by the company. Investment in our wholly owned Subsidiary, PMHPL (which also operates our hospital in Srinagar), for repayment/prepayment of borrowings, in full or part, of PMHPL. Geneal corporate purposes.

Paras Healthcare Ltd Contact Details

Paras Healthcare Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - cs@parashospitals.com

Website - www.parashospitals.com