Paras Defence and Space Technologies IPO price band, GMP, Allotment, Listing date and Price

Paras Defence and Space Technologies IPO details (21 – 23 Sep), (Price ₹165 to ₹175)

Paras Defence and Space Technologies IPO price band, GMP, Allotment, Listing date and Price
Paras Defence and Space Technologies IPO price band, GMP, Allotment, Listing date and Price

Listing date and Listing Price of Paras Defence and Space Technologies IPO:

  1. Paras Defence and Space Technologies IPO listed on BSE and NSE exchanges on – Click Here
  2. Listing Price of Paras Defence and Space Technologies IPO on NSE – Click Here
  3. Listing Price of Paras Defence and Space Technologies IPO on BSE – Click Here

Grey Market premium (GMP) price of Paras Defence and Space Technologies IPO :

Grey Market premium (GMP) price of Paras Defence and Space Technologies IPO is Rs. 160. Grey Market premium (GMP) of Paras Defence and Space Technologies IPO means, unofficially if someone buys or sells his application at a fixed rate irrespective of listing price. Check latest GMP of all IPOs.

Paras Defence and Space Technologies IPO Allotment link status on Link Intime:

  1. Check the allotment status of Paras Defence and Space Technologies IPO on the below link given by Link Intime.
  2. Paras Defence and Space Technologies IPO Allotment Link – https://linkintime.co.in/MIPO/Ipoallotment.html

Paras Defence and Space Technologies IPO Allotment link status on Link Intime can be checked by Application No or DP Client ID or PAN.

Paras Defence and Space Technologies IPO subscription status details:

QIB (Qualified Institl. Bidders)NIB (Non-institutional Investor)RII (Retail Individual Investor)Total No. of times applied
Day 3 169.65x 927.70x 112.81x 304.26x
Paras Defence and Space Technologies IPO subscription status live

Paras Defence and Space Technologies IPO highlights:

Paras Defence and Space Technologies IPO bid Opens on 21 Sep 2021
Paras Defence and Space Technologies IPO bid Closes on23 Sep 2021
Post issue Modification Period24- Sep-2021 (10.00 A.M. to 11.00 A.M.)
Cut-off time for UPI Mandate Confirmation24- Sep-2021 (upto 12:00 PM)
Issue type100% Book Building
Paras Defence and Space Technologies IPO issue size₹ 170.78 Cr
Face value of each equity shareRs. 10
Paras Defence and Space Technologies IPO Price bandRs 165 to Rs 175 per share
Paras Defence and Space Technologies IPO market lot85 equity shares and multiples of 85
Paras Defence and Space Technologies IPO minimum order quantity85 equity shares
Pre IPO equity share of promoters of Paras Defence and Space Technologies79.40 %
Post IPO paid-up equity share of promoters of Paras Defence and Space Technologies59.71 %
QIB portion reservation in Paras Defence and Space Technologies IPO50 %
NIB portion reservation in Paras Defence and Space Technologies IPO15 %
Retail portion reservation in Paras Defence and Space Technologies IPO35 %
Retail individual bidder can apply in Paras Defence and Space Technologies IPOup to 2 lakh (200,000) – Maximum 13 Lot
Retail individual discount in Paras Defence and Space Technologies IPONA
Employees can apply in Paras Defence and Space Technologies IPOup to 5 lakh (500,000)
Employees Reservation in Paras Defence and Space Technologies IPONA
Employees Discount in Paras Defence and Space Technologies IPONA
Listing of Paras Defence and Space Technologies at ExchangesNSE, BSE
Fund raised from Anchor Investors in Pre-IPO of Paras Defence and Space TechnologiesNA
Registrar of Paras Defence and Space Technologies IPO issueLink Intime India Private Limited
Paras Defence and Space Technologies IPO highlights

Paras Defence and Space Technologies IPO important dates regarding bidding, allotment, listing, refund etc. :

The probable dates regarding bidding, allotment, listing, refund of Paras Defence and Space Technologies IPO are mentioned below.

Paras Defence and Space Technologies IPO opens on21.09.2021
Paras Defence and Space Technologies IPO Closes on23.09.2021
Allotment basis date of Paras Defence and Space Technologies IPO28.09.2021
Money refund date of Paras Defence and Space Technologies IPO29.09.2021
Shares of Paras Defence and Space Technologies in Demat Account30.09.2021
Paras Defence and Space Technologies IPO listing date on NSE, BSE01.10.2021
Paras Defence and Space Technologies IPO important dates regarding bidding, allotment, listing, refund etc.

How much shares of Paras Defence and Space Technologies IPO are being offered?

Type of Issue (Fresh / OFS)No. of Equity shares offeredAmount of Equity shares
Total Issue size₹ 170.78 Crore
Fresh Issue size₹ 140.60 Crore
Offer for Sale (OFS)₹ 30.18 Crore
Employee Reservation
No. of Equity shares offered of Paras Defence and Space Technologies IPO

Paras Defence and Space Technologies financial statements details:

31.03.202131.03.202031.03.2019
(₹ million)(₹ million)(₹ million)
Total Assets3,627.583,423.863,297.48
Total Revenue1,446.071,490.511,571.69
Profit After Tax157.86196.57189.70
Paras Defence and Space Technologies financial statements details

IPO Red Herring Prospectus (RHP) of Paras Defence and Space Technologies:

Click here for IPO RHP of Paras Defence and Space Technologies on SEBI website.

Objectives of the Paras Defence and Space Technologies IPO Issue: (Source – RHP)

Fresh Issue

The Net Proceeds from the Fresh Issue are proposed to be utilised in the following manner:

1. Purchase of machinery and equipment;

2. Funding incremental working capital requirements of our Company;

3. Repayment or prepayment of all or a portion of certain borrowings/outstanding loan facilities availed by our Company; and

4. General corporate purposes.

Business of Paras Defence and Space Technologies: (Source – RHP)

We are an Indian private sector company engaged in designing, developing, manufacturing and testing of a wide range of defence and space engineering products and solutions. We are one of the leading ‘Indigenously Designed Developed and Manufactured’(“IDDM”) category private sector companiesin India,which caters to four major segments of Indian defence sector i.e. defence and space optics, defence electronics, electro-magnetic pulse (“EMP”) protection solution and heavy engineering. (Source F&S Report)

We are also the sole Indian supplier of critical imaging components such as large size optics and diffractive gratings for space applications in India (Source F&S Report). Our goal is to become one of the leading global companies for optics for defence and space sector.

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