Key facts
- Paras Healthcare filed draft IPO papers with SEBI.
- The company aims to raise Rs 1,800 crore through the IPO.
- The IPO includes a fresh issue of Rs 500 crore.
- An Offer-For-Sale (OFS) component is worth Rs 1,300 crore.
Paras Healthcare has submitted draft documents to the Securities and Exchange Board of India (SEBI) for its Initial Public Offering (IPO). The healthcare provider intends to raise a total of Rs 1,800 crore through this public offering. The proposed IPO structure includes a fresh issuance of equity shares valued at up to Rs 500 crore. Additionally, there will be an Offer-For-Sale (OFS) component, through which a selling shareholder plans to divest equity shares worth up to Rs 1,300 crore.