Paras Defence ipo full details, allotment, subscription 2021

Paras Defence ipo (company information)

It is an Indian private sector company engaged in developing, designing, manufacturing and testing of a wide range of defence and space engineering products and solutions.

Company has 5 primary classes of product offerings: defence and space optics, defence electronics, EMP protection, heavy engineering for defence and niche technologies.

It has two manufacturing facilities in Maharashtra, located at Nerul in Navi Mumbai and Ambernath in Thane.

company derives most of the revenues under the contracts from the Government arms and associated entities such as defence public sector undertakings and government organizations involved in space research.

paras defence ipo

Paras Defence and Space Technologies Limited Strengths

Offer a wide range of products and solutions for both defence and space applications

Company is one of the few players in high precision optics manufacturing for space and defence application in India.

Strong R&D capabilities with a focus on innovation.

Well positioned to benefit from the Government’s “Atmanirbhar Bharat” and “Make in India” initiatives.

Paras Defence IPO Details

IPO Opening Date21 September 2021
IPO Closing Date23 September 2021
Face ValueBook Built Issue IPO
Issue Type₹10 per equity share
IPO Price₹165 to ₹175 per equity share
Market Lot85 shares
Min Order Quantity85 shares
Listing AtBSE, NSE
Issue Size[.] Eq Shares of ₹10
(aggregating up to ₹170.78 Cr)
Fresh Issue[.] Eq Shares of ₹10
(aggregating up to ₹1,40.60 Cr)
Offer for Sale1,724,490 Eq Shares of ₹10
(aggregating up to ₹30.18 Cr)

Summary of financial Information (Restated Consolidated) in Crore

FY2019FY2020FY2021
Total Assets₹329.74 ₹ 342.38 ₹ 362.75
Total Revenue₹157.16₹149.05 ₹144.60
Total Expenses₹130.35₹127.25₹121.99
Profit After Tax₹94.7₹19.65₹18.97

Paras Defence and Space Technologies Limited IPO Lot Size

ApplicationLotsSharesAmount (Cut-off)
Minimum185₹14,875
Maximum131105₹193,375

Paras Defence and Space Technologies Limited IPO Promoter Holding

Pre Issue Share Holding79.40%
Post Issue Share Holding59.17%

Paras Defence and Space Technologies Limited IPO Reservation

CategoryReservationNo. of SharesTotal Amount
QIB50%51,22,850 Cr
NII15%15,36,856 Cr
RII35%35,85,996Cr
Employee
Total100% Cr

Paras Defence and Space Technologies Limited IPO Tentative Timetable

IPO Open Date21 sep 2021
IPO Close Date23 sep, 2021
Share Allotment Date28 sep, 2021
Initiation of Refunds29 sep, 2021
Credit of Shares to Demat Account30 sep, 2021
IPO Listing Date01 oct, 2021

Paras Defence IPO Subscription status

CategorySubscription
QIB1.67
NII26.32
Retail (RII)68.57
Total40.57

IPO Allotment Status

Allotment status link-

Paras Defence IPO GMP

DateParas Defence Grey Market Premium

Company Contact Information

Registered and Corporate Office: D-112, TTC Industrial Area, MIDC, Nerul, Navi Mumbai 400 706, Maharashtra, India; Tel: +91 22 6919 9999

Paras Defence and Space Technologies Ltd IPO Registar

Link Intime India Private Limited
C-101, 1st Floor
247 Park, L.B.S Marg, Vikhroli (West)
Mumbai 400 083
Maharashtra, India
Tel: +91 22 4918 6200
E-mail: [email protected]
Investor grievance E-mail: [email protected]
Contact Person: Shanti Gopalkrishnan
Website: www.linkintime.co.in
SEBI Registration No.: INR000004058

IPO Lead Manager

Anand Rathi Advisors Limited
10th Floor, Trade Tower D, Kamala City
Senapati Bapat Marg, Lower Parel
Mumbai 400 013
Maharashtra, India
Tel: +91 22 6626 6666
E-mail: [email protected]
Investor Grievance E-mail: [email protected]
Contact Person: Astha Daga/ Shikha Jain
Website: www.rathi.com
SEBI Registration No.: INM000010478

Paras Defence and Space Technologies FAQ

What is Paras Defence and Space Technologies IPO?

paras defence ipo

Paras Defence and Space Technologies ipo is Mainboard IPO and going to raise ₹. crore via IPO.The Face Value of Equity Share is ₹10 each.

Paras Defence and Space Technologies Listing Date?

Paras defence ipo listing date is 1 october 2021 and it will list on both BSE and NSE.

Paras Defence and Space Technologies allotment date?

Allotment of Paras Defence ipo is on 28 september 2021.

Can I buy Paras Defence and Space Technologies IPO?

Yes, anyone can buy Paras Defence IPO who have Demat account.

What is Paras Defence and Space Technologies IPO size?

The size of paras defence ipo is 170 crore.

What is Paras Defence Cutoff Price?

Paras defence cutoff price is ₹175

What is the price range of Paras defence and technologies IPO?

The price range of paras defence is . ₹165 to ₹175

What is paras defence lot size?

Paras defence IPO has a market lot of 85 shares.

How to buy Paras Defence and Space Technologies IPO?

You can buy paras defence ipo from your demat account or by internet banking.

Paras Defence and Space Technologies ipo price band?

Price band of prasa defence ipo is ₹165 to ₹175

What is paras defence ipo date?

Paras defence ipo date is 21 september 2021 to 23 september 2021.

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