Paras Defence and Space Technologies Limited is going to be launched IPO soon. They offers a wide range of products and solutions for defense and space application. The company had filed Draft Red Herring Prospectus (DHRP) with the market regulatory of SEBI in March-2021, after approval from SEBI Paras Defence and Space Technologies Limited will launched IPO. The company will fresh issue of ₹ 120 Cr through this IPO.
Paras offers a wide range of Products & Solutions for Defence & Space Applications. With focus on Defence & Space Sector we have five verticals of our business, namely Defence & Space Optics, Defence Electronics, Heavy Engineering, Electromagnetic Pulse Protection Solutions and Niche Technologies.
With over 40+ years of sustained business growth in the area of Defence & Space Engineering, We are involved in Technologies for Rocket & Missiles, Space & Space Research, Naval Systems, Land & Armoured Vehicles, Electronic Warfare & Surveillance, ElectroMagnetic Shielding to name a few
Paras has state-of-the-art manufacturing setup with 400+ workforce and having capabilities to offer a Turnkey Solution from Design to Commissioning of Small to Large Systems. Our focus on Technology Development & R&D distinguishes us as a True IDDM company in the Indian Defence Industry.
We have a vibrant team working on developing future technologies and providing cutting edge solutions for our Customers.
Quality Products, Delivered at the Right Time and at the most Competitive Price is our business strategy. This has made us as one of the most dependable partners of our Customers. Strong Fundamentals, Impeccable Business Ethics & Customer Centric Approach are the pillars of our business as we aim to become the most significant Indian Company in the Defence & Space Sector.
Paras Defence and Space Technologies Limited IPO Details Details
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| Issue Open | 21-09-2021 |
| Issue Close | 23-09-2021 |
| Allotment Date | 28-09-2021 |
| Unblocked Amount | 29-09-2021 |
| Credit Demat Amount | 30-09-2021 |
| Listing Date | 01-10-2021 |
| Issue Size |
- Total Equity Share
- Fresh Issue Equity Share - OFS Equity Share |
| Issue Size | ₹ 170.78 Cr ₹ 140.60 Cr Fresh ₹ 30.18 Cr OFS |
| IPO Price Band | ₹ 165 to ₹ 175 Per Equity Share |
| Minimum Share Bid | 85 |
| Minimum Investment Amount [₹] | ₹ 14,875 |
| Face Value | ₹ 10 per Equity Share |
| Qualified Institutional Buyer [QIB] | 50 % |
| High Networth Individual [HNI] | 15 % |
| Retail Individual Investor [RII] | 35 % |
| Listing On | BSE & NSE |
Paras Defence and Space Technologies Limited IPO [GMP] Grey Market Premium
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| Latest Update | Premium | Kostak | Subject to Sauda | Listing Gain |
| 16-09-2021 | ₹ 110 | ₹300 | ₹4500 | ₹5500 |
| 17-09-2021 | ₹ 150 | ₹350 | ₹5000 | ₹6500 |
| 18-09-2021 | ₹ 180 | ₹400 | ₹6000 | ₹7500 |
| 20-09-2021 | ₹ 230 | ₹550 | ₹12000 | ₹14000++ |
| 21-09-2021 | ₹ 200 | ₹300 | ₹12000 | ₹14500++ |
| 22-09-2021 | ₹ 260 | ₹300 | ₹14000 | ₹15500++ |
| 24-09-2021 | ₹ 260 | ₹300 | ₹16000 | ₹18500++ |
Paras Defence and Space Technologies Limited IPO Listing Details
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| Listing Date | 01-10-2021 |
| BSE Code | 543367 |
| NSE Code | PARAS |
| ISIN Code | INE045601015 |
| IPO Price | ₹ 175 |
| Lot Size | 85 |
| Expected Listing Price | ₹ 430 - ₹ 465 |
| Book Profit | ₹ 525 |
| Stop Loss | ₹ 365 |
| Listing Group | T |
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Read More :- Upcoming IPO List
Paras Defence and Space Technologies Limited IPO Details Rating
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| LiveIPO | Apply |
| Hem Security | Apply |
| Axis Capital | Neutral |
| Arihant Capital Market Ltd | Apply |
| Canara Bank | Apply |
| Choice Equity Broking Pvt Ltd | Apply |
| ICICI Direct | Apply |
| Reliance Securities | Apply |
| Religare Broking Limited | Neutral |
| Ventura Securities Limited | Apply |
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Paras Defence and Space Technologies Limited IPO Details Related Link
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| Paras Defence and Space Technologies Limited IPO Details GMP Paras Defence and Space Technologies Limited IPO Details Subscription Paras Defence and Space Technologies Limited IPO Details Allotment Status |
Paras Defence and Space Technologies Limited IPO Financial Details (₹ in Cr)
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| Financial Year | Total Asset | Total Revenue | Total Expenses | Profit After Tax |
| FY-2018 | 256.01 | 152.533 | 122.12 | 25.08 |
| FY-2019 | 329.748 | 157.169 | 130.358 | 18.97 |
| FY-2020 | 342.386 | 149.051 | 127.259 | 19.65 |
| 30-09-2020 | 352.547 | 37.94 | 38.2 | -0.139 |
Paras Defence and Space Technologies Limited IPO Valuation Details
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| Earnings Per Share [EPS] | ₹ 6.92 |
| Price/Earnings [P/E] Ratio | - |
| Return on Net Worth [RoNW] | 15.03 % |
| Net Asset Value [NAV] | ₹ 46.03 Per Share |
Paras Defence and Space Technologies Limited IPO Details Subscription Details
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| As on Date | QIB | NII | RII | Total | |
| Shared Offered | 20,14,941 | 15,36,856 | 35,85,996 | 71,40.793 | |
| Day-1 [21-09-2021] |
12,155 [0.006] |
55,17,605 [3.59] |
10,95,93,645 [30.56] |
11,51,23,405 [16.12] |
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| Day-2 [22-09-2021] |
33,60,815 [1.67] |
4,04,56,855 [26.32] |
24,58,75,590 [68.57] |
28,96,93,260 [40.57] |
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| Day-3 [23-09-2021] |
34,23,38,435 [169.65] |
1,42,57,44,440 [927.7] |
40,45,49,000 [112. 81] |
2,17,26,31,875 [304.26] | |
Paras Defence and Space Technologies Limited IPO Details Grey Market Premium
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| Paras Defence and Space Technologies Limited IPO Details Grey Market Premium |
Paras Defence and Space Technologies Limited IPO Details Allotment Status
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| Paras Defence and Space Technologies Limited IPO Details Allotment Status |
Paras Defence and Space Technologies Limited IPO Details Live Subscription
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| Paras Defence and Space Technologies Limited IPO Details Subscription in BSE Paras Defence and Space Technologies Limited IPO Details Subscription in NSE |
Paras Defence and Space Technologies Limited IPO Details Prospectus
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| Paras Defence and Space Technologies Limited IPO Details DRHP
Paras Defence and Space Technologies Limited IPO Details RHP |
Paras Defence and Space Technologies Limited IPO Details Contact Details
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Paras Defence and Space Technologies Limited D-112, TTC Industrial Area, MIDC, Nerul, Navi Mumbai 400 706, Maharashtra, India; Tel: +91 9820 974 974 Ajit Sharma, Company Secretary and Compliance Officer; Tel: +91 9820 974 974; E-mail: ir@parasdefence.com Website: www.parasdefence.com Corporate Identity Number: U29253MH2009PLC193352 |
Paras Defence and Space Technologies Limited IPO Details Registrar
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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 Investor grievance E-mail: Parasdefence.ipo@linkintime.co.in Contact Person: Shanti Gopalkrishnan Website: www.linkintime.co.in SEBI Registration No.: INR000004058 |
Paras Defence and Space Technologies Limited IPO Details Lead Managers
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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: paras.ipo@rathi.com Investor Grievance E-mail: grievance.ecm@rathi.com Contact Person: Astha Daga Website: www.rathi.com SEBI Registration No.: INM000010478 |
Paras Defence and Space Technologies Limited IPO Details FAQs
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What is Paras Defence and Space Technologies Limited IPO Details? Paras Defence and Space Technologies Limited IPO Details is a main board IPO of - equity shares of the face value of ₹ 10 Per Equity Share aggregating up to ₹ 170.78 Crores. The issue is priced at ₹165 to ₹175 per equity share. The minimum order quantity is 85 Shares. What is Paras Defence and Space Technologies Limited IPO Registrar? Link-Intime India Private Ltd is the registrar for this IPO. The Paras Defence and Space Technologies Limited IPO Details are to be listed on BSE & NSE. When Paras Defence and Space Technologies Limited IPO Details will Open or Close? The Paras Defence and Space Technologies Limited IPO Details opens on 21 Sep 2021 and closes on 23 Sep 2021. What is Paras Defence and Space Technologies Limited IPO Details Price Band? Paras Defence and Space Technologies Limited IPO Details Price Band is ₹165 to ₹175 per equity share. What is the lot size of Paras Defence and Space Technologies Limited IPO Details? Paras Defence and Space Technologies Limited IPO Details the minimum bid is 85 Shares with ₹14,875 amount and maximum bid is 1105 shares with ₹1,93,375. When Paras Defence and Space Technologies Limited IPO Details Allotment date? The Paras Defence and Space Technologies Limited IPO Details Allotment will be done on 28 Sep 2021 When Paras Defence and Space Technologies Limited IPO Details Share Credited to Demat? The Paras Defence and Space Technologies Limited IPO Details Shares will be credited to your demat account on 30 Sep 2021. On which date will Paras Defence and Space Technologies Limited IPO Details Refund the amount? Paras Defence and Space Technologies Limited IPO Details will refund the amount on 29 Sep 2021. What is the expected Paras Defence and Space Technologies Limited IPO Details Listing Price? As Per Grey Market Premium (GMP) and Market view we are expected to listing Paras Defence and Space Technologies Limited IPO Details is around 430 to 465 When is Paras Defence and Space Technologies Limited IPO Details listing date? The Paras Defence and Space Technologies Limited IPO Details listing date is on 01 Oct 2021. What is a NSE and BSE Code for the Paras Defence and Space Technologies Limited IPO Details? The Paras Defence and Space Technologies Limited IPO Details NSE Code is PARAS and the BSE Code is 543367. What is Paras Defence and Space Technologies Limited IPO Details Expected Returns? As per Grey Market Premium (GMP), Paras Defence and Space Technologies Limited IPO Details Expected Returns is 100 - 120% . What is the stop loss in Paras Defence and Space Technologies Limited IPO Details? If Paras Defence and Space Technologies Limited IPO Details go to below 365 then sell Ami Organics IPO. What i do in Paras Defence and Space Technologies Limited IPO Details? If Paras Defence and Space Technologies Limited IPO Details listing above 525 then sell Ami Organics IPO and book profit. How to check Paras Defence and Space Technologies Limited IPO Details Allotment Status? Below we are provide all the step how to check Paras Defence and Space Technologies Limited IPO Details allotment online
How to Apply the Paras Defence and Space Technologies Limited IPO Details? You can apply Paras Defence and Space Technologies Limited IPO Details using ASBA online through your internet banking. You can also apply Paras Defence and Space Technologies Limited IPO Details ASBA online via UPI ID through your stock brokers apps. You can also apply Paras Defence and Space Technologies Limited IPO Details via your stock brokers’ office by filling up the offline application form and submit to your Bank. |
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