Paras Defence and Space Technologies Limited IPO to hit the market on 21 September as per the RHP documents filed with SEBI. The Paras Defence IPO comprises Rs.140.6 crore of fresh issue and the offer for sale up to 1,724,490 equity shares of Rs.10. The IPO to close on 23 September. The company might list on the indices on 1 October.
Paras Defence and Space Technologies is India's most progressive Tier 2 defence engineering company. The offer wide range of defence products and solutions. They are the only manufacturer of Infrared Optics in large quantities in India. They are contributing prestigious Defence & Space Programs of our country. They are involved in five verticals namely Defence & Space Optics, Defence Electronics, Heavy Engineering, Electromagnetic Pulse Protection Solutions and Niche Technologies. Check out Paras Defence IPO details.
Paras Defence IPO Review
- Apply with Short Term & Long Term View
Paras Defence IPO Date & Price Band
IPO Open: | 21 September 2021 |
IPO Close: | 23 September 2021 |
IPO Size: | Approx Rs.170.78 Crores |
Fresh Issue: | Approx Rs.140.60 Crores |
Offer for Sale: | Approx Rs.30.18 Crores (1,724,490 Eq. Shares) |
Face Value: | Rs.10 Per Equity Share |
Price Band: | Rs.165 to Rs.175 Per Share |
Listing on: | BSE & NSE |
Retail Portion: | 35% |
QIB Portion: | 50% |
NII Portion: | 15% |
Discount: | Rs.- per equity share for Employees |
Paras Defence IPO Market Lot
The Paras Defence IPO minimum market lot is 85 shares with Rs.14,875 application amount. The retail investors can apply up-to 13 lots, 1105 shares with Rs.1,93,375 application amount.
Minimum Lot Size: | Minimum 85 Shares for 1 lot |
Minimum Amount: | Rs.14,875 for 1 lot |
Maximum Lot Size: | Maximum 1105 Shares for 13 lot |
Maximum Amount: | Rs.1,93,375 for 13 lot |
Paras Defence IPO Date, Time Table, Allotment & Listing
The Paras Defence IPO date is 21 September 2021 and the IPO close date is 23 September 2021. The allotment date is 28 September 2021 and the IPO may list on 01 October 2021.
Price Band Announcement: | 15 September 2021 |
Anchor Investors Allotment: | 20 September 2021 |
IPO Open Date: | 21 September 2021 |
IPO Close Date: | 23 September 2021 |
Basis of Allotment: | 28 September 2021 |
Refunds: | 29 September 2021 |
Credit to Demat Account: | 30 September 2021 |
IPO Listing Date: | 1 October 2021 |
Paras Defence IPO Form
How to apply the Paras Defence IPO? You can apply Paras Defence IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Paras Defence IPO in the Invest section. The other option you can apply Paras Defence IPO via IPO forms download via NSE and BSE. Check out the Paras Defence forms - click NSE Forms & BSE Forms blank IPO forms download, fill and submit in your bank or with your broker.Paras Defence Company Financial Report
Rs. in Crores | |||||
Assets | Revenue | Expense | PAT | ||
2019 | Rs.330 | Rs.157 | Rs.130 | Rs.18.97 | |
2020 | Rs.342 | Rs.148 | Rs.127 | Rs.19.66 | |
2021 | Rs.363 | Rs.145 | Rs.122 | Rs.15.79 |
Company Promoters
- Sharad Virji Shah
- Munjal Sharad Shah
Paras Defence IPO Registrar
Link Intime India Private LimitedC-101, 1 st Floor
247 Park, L.B.S Marg, Vikhroli (West)
Mumbai 400 083
Maharashtra, India
Tel: +91 22 4918 6200
E-mail: parasdefence.ipo @linkintime.co.in
Investor grievance E-mail: parasdefence.ipo@linkintime.co.in
Contact Person: Shanti Gopalkrishnan
Website: www.linkintime.co.in
SEBI Registration No.: INR000004058
Note: Check Paras Defence IPO allotment status on Linkintime website allotment URL. Click Here
D-112, TTC Industrial Area,
MIDC, Nerul, Navi Mumbai - 400 706
Maharashtra, India
Tel: +91 22 6919 9999
Contact Person: Ajit Sharma
Company Secretary and Compliance Officer
Tel: +91 22 6919 9999
E-mail: ir@parasdefence.com
Website: www.parasdefence.com
Paras Defence IPO Lead Managers
- Anand Rathi Advisors Limited
Company Address
Paras Defence & Space Technologies LtdD-112, TTC Industrial Area,
MIDC, Nerul, Navi Mumbai - 400 706
Maharashtra, India
Tel: +91 22 6919 9999
Contact Person: Ajit Sharma
Company Secretary and Compliance Officer
Tel: +91 22 6919 9999
E-mail: ir@parasdefence.com
Website: www.parasdefence.com
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