Paras Defence And Space Technologies Limited IPO

Paras Defence And Space Technologies Limited IPO Details, Financials, Subscription Status, GMP & More.

Paras Defence And Space Technologies Limited Logo
Paras Defence And Space Technologies Limited IPO Details & Company Portfolio / Business Model: Paras Defence and Space Technologies are primarily engaged in the designing, developing, manufacturing, and testing of a variety of defense and space engineering products and solutions. The company has five major product category offerings – Defence & Space Optics, Defence Electronics, Heavy Engineering, Electromagnetic Pulse Protection Solutions, and Niche Technologies. Paras Defence and Space Technologies is the only Indian company with the design capability for space-optics and optomechanical assemblies and is one of the leading providers of optics for various Indian defense and space programs. The company also delivers customized turnkey projects in the defense segment. The company has partnered with some of the leading technology companies around the world to indigenize advanced technologies in the defense and space sectors for the Indian market.
You can even check more Paras Defence And Space Technologies Limited IPO’s latest news from this portal. Our mission is to keep you up to date on Upcoming IPO information.

Paras Defence and Space Technologies IPO Details

IPO Opening Date Sep 21, 2021
IPO Closing Date Sep 23, 2021
Type Of Issue Book Built Issue IPO
Current Face Value ₹10 per equity share
IPO Price ₹165 to ₹175 per equity share
Market Lot Size 85 Shares
Minimum Order Quantity 85 Shares
Will Be Listed At BSE, NSE
Issue Size [.] Eq Shares of ₹10
(aggregating up to ₹170.78 Cr)
Fresh Issue [.] Eq Shares of ₹10
(aggregating up to ₹140.60 Cr)
Offer for Sale 1,724,490 Eq Shares of ₹10
(aggregating up to ₹30.18 Cr)

Paras Defence And Space Technologies Limited IPO Prospectus

This table shows all information about Paras Defence And Space Technologies Limited IPO. You can check more detailed information like promoter names of this IPO and more information about the IPO lot size from this page itself.

Company Financial Reports

Summary of financial Information (Restated Consolidated)

Year/Period (₹ in millions)
31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 3,627.58 3,423.86 3,297.48
Total Revenue 1,446.07 1,490.51 1,571.69
Profit After Tax 157.86 196.57 189.70

With the help of the above table, you can figure out company performance over the last few years. You can identify if the company is making profits or losses.

Paras Defence and Space Technologies IPO Timetable

The Paras Defence and Space Technologies IPO open date are Sep 21, 2021, and the close date is Sep 23, 2021. The issue may list on Oct 1, 2021.

IPO Open Date Sep 21, 2021
IPO Close Date Sep 23, 2021
Basis of Allotment Date Sep 28, 2021
Initiation of Refunds Sep 29, 2021
The credit of Shares to Demat Account Sep 30, 2021
IPO Listing Date Oct 1, 2021

This table is helpful as it provides you the complete information about the upcoming IPO’s lot size, several shares, and the minimum amount required to apply for this IPO.

Paras Defence and Space Technologies IPO Lot Size

The Paras Defence and Space Technologies IPO market lot size are 85 shares. A retail-individual investor can apply for up to 13 lots (1105 shares or ₹193,375).

Application Lots Shares Amount (Cut-off)
Minimum 1 85 ₹14,875
Maximum 13 1105 ₹193,375

Company Promoters & Holding

Sharad Virji Shah and Munjal Sharad Shah are the company promoters.

Company Promoters play a vital role in any company’s success. That’s you need a clear idea about who are the promoters behind this company. You can even check the names given below for a better idea.

Company Registrar & Address

Paras Defence and Space Technologies IPO Registrar:

Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/

You can also check the company contact information given below, with the help of this information you can communicate with the company easily.

Company Contact Information:

Paras Defence And Space Technologies Limited
D-112, TTC Industrial Area,
MIDC, Nerul,
Navi Mumbai 400 706,
Phone: +91 9820 974 974
Email: [email protected]
Website: https://www.parasdefence.com/

This is the complete information about the Paras Defence And Space Technologies Limited IPO. If you have any queries/questions regarding any information provided above then feel free to contact us anytime or leave a comment below.

Paras Defence And Space Technologies Limited IPO Subscription Status (Final Data)

Category Day 1 Day 2 Day 3
QIB 0.01x 1.67x 169.65x
NII 3.77x 26.32x 927.70x
RII 31.36x 68.57x 112.81x
EMP 0.00x 0.00x 0.00x
Total 16.57x 40.57x 304.26x

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GMP (Grey Market Premium)

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