Paras Healthcare Is Said to Revive Up to $200 Million India IPO

Paras Healthcare Ltd. has revived plans for an initial public offering and hired three banks for a share sale that could raise as much as $200 million, according to people familiar with the matter.

The Gurugram-based hospital chain has appointed JM Financial Ltd., BofA Securities and Nuvama Wealth Management Ltd. as advisers for the proposed listing, the people said, asking not to be identified as the information is private.