Haryana-based hospitals chain Paras Healthcare on Thursday has fixed price band at 660-693 per share for its upcoming maiden public issue, valuing the company at Rs 7,500 crore.
The company aims to raise Rs 1,450 crore via initial public offering (IPO) which included fresh issue of Rs 500 crore along with offer-for-sale of Rs 950 crore.
Promoter Dharminder Kumar Nagar, and investor Commelina will be selling up to Rs 300 crore, and Rs 650 crore worth shares via offer-for-sale, respectively.
The anchor book will open for a day for institutional investors on October 19, while the IPO will open for public subscription on October 21 and October 23.
Paras Healthcare is likely to make its market debut on the BSE and National Stock Exchange on October 28.