Paras Defence IPO Allotment Status and Linkintime Link BSE, NSE

Paras Defence IPO 2021 Allotment Status, Allotment Date and Linkintime Link BSE, NSE: The IPO of Rs 170.77 Cr. of Paras Defense and Space Technologies is closing today and today is the last day to bid on it. This IPO has received 40.57 times the bids in the first two days. The issue size is of 71.40 lakh shares while it has received bids for 28.96 Cr. shares.

It has received 68.57 times bids in the retail investors category, 26.32 times in the NII category and 1.67 times in the qualified institutional investors category. R&D facilities located at Navi Mumbai are accredited by DSIR and it is a subsidiary of Parag Aerospace and Paras Defence exports its products to many countries.

Paras Defence IPO Allotment Status 2021

If you are thinking of investing money in this IPO then you should know that the order book of the company is very strong. Also, it is benefiting from the Make in India program of the GOI. But there is stability in profits and earnings and so experts are advising to invest money in this IPO for long term.

Paras Defence and Space Technologies is one of the few companies that provide customized projects to the Defence and Space Reserves sector and the list of customers of the company is quite large.

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The IPO was started on 21 September and the last date for application is 23 September. The allotment of shares of Paras Defense is going to happen on September 28 and its listing is going to happen on October 1. This firm has fixed the price band for IPO at Rs 165-175 per share and it has set a target of raising Rs 171 Cr. through the issue.

Paras Defence IPO Allotment Status and Linkintime Link

Paras Defence IPO 2021 Highlights

Paras Defence IPO 2021 Opening Date21-09 -2021
Paras Defence IPO 2021 Closing Date23 -09 -2021
Paras Defence IPO 2021 Allotment Date 28 -09 -2021
Paras Defence IPO 2021 Refund Date29 -09 -2021
Paras Defence IPO 2021 Share Credit Date30 -09 -2021
Paras Defence IPO 2021 Listing Date1-10- 2021
Paras Defence IPO 2021 Price BandRs. 165-175 Per Share
Paras Defence IPO 2021 Offer For SaleRs 30.18 Cr.
Paras Defence IPO 2021 Fresh issueRs 140.60 Cr.
Paras Defence IPO 2021 Total IPO sizeRs 170.78 Cr.
Paras Defence IPO 2021 Minimum bid (lot size)Rs 85 Share
Paras Defence IPO 2021 Face ValueRs 10 share
Paras Defence IPO 2021 Retail Allocation35%

Paras Defence IPO 2021 Check Allotment Date & Link

Paras Defense and Space Technologies is the only Indian firm with design capability for space-optics and opto-mechanical assemblies and 1 of the leading providers of optics for various Indian defense and space programmes as the company has also partnered with some of the leading technology companies across the world.

The lot size of 85 shares has been fixed for the Paras Defence IPO and you have to invest at least Rs 14875 according to the upper price of Rs 175 in the price band. 50% of the issue is reserved for Qualified Institutional Institutional Buyers and 15% for Non-Institutional Investors and the remaining 35 percent of the IPO has been reserved for retail.

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Paras Defence IPO 2021 FAQs

Is it profitable to invest money in the IPO of Paras Defense and Space Technologies?

Please check the market views on this IPO.

What is the allotment date for this IPO?

28 -09 -2021 is the allotment date for this IPO.

Is IPO of Paras Defense and Space Technologies closed?

On 23 -09 -2021 IPO of Paras Defense and Space Technologies will be closed

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