Paras Healthcare IPO Details Today, Date, Price, GMP, Review

Paras Healthcare IPO
WhatsApp Group Join Now
Telegram Group Join Now

OUR BUSINESS

We established our first hospital in Gurugram, Haryana in 2006 with 200 beds and a vision to provide affordable, accessible and quality healthcare services in North India and serve our patients with compassion. Since then, we have consistently identified attractive opportunities in the healthcare industry, set up our hospitals and focused on ramping up our operations.

we have successfully identified underserved markets with large catchment areas and high demand for healthcare services, a lack of good hospitals in the region as well as proximity to medical colleges to source quality medical professionals. As a result of our knowledge of the North India market and focus on identifying and entering markets early,

we have had a first mover advantage in regions where our hospitals have been setup – our hospital in Gurugram was the first corporate hospital entrant among our Peers in 2006 in the city and our hospital in Srinagar is the largest private hospital in the city in terms of bed capacity with 200 beds.

Our Medical Services

  • Cardiac Sciences
  • Onco Care
  • Neuro Sciences
  • Gastro Sciences
  • Orthopaedics
  • Obstetrics & Gynaecology
  • Renal Sciences
  • General Surgery
  • Plastic Surgery
  • Dermatology & Cosmetology
  • ENT, Neck & Head Surgery
  • Internal Medicine
  • Dentistry
  • Clinical Psychology
  • Critical Care
  • Pulmonology
  • Paediatrics
  • Endocrinology
  • Emergency
  • Liver Transplant & GI Surgery

Our hospitals have also received various accreditations – our Gurugram hospital was the first hospital in Haryana to receive accreditations from the National Accreditation Board for Hospitals and Healthcare Providers (“NABH”) in 2009, our Patna hospital was the first hospital in Bihar to receive NABH accreditation in 2016 and our Udaipur hospital was the third hospital in Udaipur to receive NABH accreditation in 2021.

We have invested in creating an information technology ecosystem to enhance patient and clinical experience as well as business and operational efficiency through process automation to address the requirements of our stakeholders.

We have adopted new technologies and implemented an omni-channel patient experience through our patient mobile application, patient portal, website and a popular messaging based platform, digitizing the entire patient onboarding process enabling them to digitally book their in-person or video consultations with doctors and to access their medical records through these channels.

We have also implemented a computerized physician order entry system/Electronic Health Record (“EHR”) platform coupled with a doctor mobile application, which offers user-friendly interface, portability and efficient record management.

Our applications are implemented with a cloud first approach, bringing in scalability and agility for our operations. We have procured medical equipment from global suppliers to enhance the quality of our services and are focused on deploying new technologies, machines and treatments to provide affordable and superior quality healthcare services to our patients.

OBJECTS OF ISSUE

  • General Corporate Expenses.

Qualitative Factors

  • Fifth largest healthcare provider in terms of bed capacity in North India, Bihar and Jharkhand among our Peers, with an aggregate of 2,135 beds, as of March 31, 2024.
  • Asset light business model with several initiatives to drive patient access and performance.
  • Delivering quality clinical care by attracting and retaining renowned clinicians.
  • Diversified operations across clinical specialties, payor mix and hospitals.
  • Robust operating infrastructure across our hospitals including information technology and modern equipment.
  • Doctor led professional management team with proven execution capabilities.

Comparison with Industry Peers

  • Apollo Hospitals Enterprise Limited
  • Fortis Healthcare Limited
  • Global Health Limited
  • Jupiter Lifeline Hospitals Limited
  • Krishna Institute of Medical Sciences Limited
  • Max Healthcare Group
  • Narayana Health Limited
  • Yatharth Hospital and Trauma Care Services Limited

Leave a Comment

Open Demat Account

Add Your Google News Feed Money Mint idea

Follow Money Mint idea for the Upcoming IPO News & IPO Reviews, Also Keep Following us on X, Facebook, or Instagram , Linkedin For Our Latest Videos, Subscribe to Our YouTube Channel.