| Issue Date | 21 Sep 2021 - 23 Sep 2021 |
| Issue Size | ₹170.78 Cr |
| Issue Price | ₹165-175 |
| Market Lot | 85 Shares |
| Shares on Offer | 1,724,490 |
| Registrar | Link Intime |
| GMP | ₹250-260 |
| Kostak | ₹250 |
| Subject to Sauda | ₹15500 |
| Listing Date | 01 Oct 2021 |
| Listing Price | ₹475 |
| Listing Gain% | 171.00 |
Paras offers a wide range of Products & Solutions for Defence & Space Applications. With focus on Defence & Space Sector they have five verticals of their 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 their Customers.
Quality Products, Delivered at the Right Time and at the most Competitive Price is their business strategy. This has made us as one of the most dependable partners of their Customers. Strong Fundamentals, Impeccable Business Ethics & Customer Centric Approach are the pillars of their business as they aim to become the most significant Indian Company in the Defence & Space Sector.
Sharad Virji Shah and Munjal Sharad Shah are the company promoters.
| Particulars | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 |
|---|---|---|---|
| Total Assets (In ₹ Millions) | 3,627.58 | 3,423.86 | 3,297.48 |
| Total Revenue (In ₹ Millions) | 1,446.07 | 1,490.51 | 1,571.69 |
| Profit After Tax (PAT) (In ₹ Millions) | 157.86 | 196.57 | 189.70 |
| Date | GMP | Kostak | Subject to Sauda |
|---|---|---|---|
| 24 Sep 2021 | ₹250-260 | ₹250 | ₹15500 |
| 22 Sep 2021 | ₹250-260 | ₹300 | ₹12000-14000 |
| 21 Sep 2021 | ₹205-210 | ₹250 | ₹12000 |
| 17 Sep 2021 | ₹35-38 | ₹400 | ₹2600-2800 |
| Strength |
|---|
| Weakness |
|---|
| Date & Time | QIB | NII | RII | Total |
|---|---|---|---|---|
| Day 1 - 21 Sep 2021 | 0.01 | 3.77 | 31.36 | 16.57 |
| Day 2 - 22 Sep 2021 | 1.67 | 26.32 | 68.57 | 40.57 |
| Day 3 - 23 Sep 2021 | 169.65 | 927.70 | 112.81 | 304.26 |
Please click the link below to check the IPO allotment status.
IPO Allotment StatusParas Defence And Space Technologies Limited IPO will open on 21 Sep 2021 and close on 23 Sep 2021.
Paras Defence And Space Technologies Limited IPO will list on 01 Oct 2021.
The offer price of Paras Defence And Space Technologies Limited IPO is ₹165-175.
The lot size of Paras Defence And Space Technologies Limited IPO is 85.
The Grey Market Premium (GMP) price of Paras Defence And Space Technologies Limited IPO is ₹250-260.
The Kostak price of Paras Defence And Space Technologies Limited IPO is ₹250.
The Subject to Sauda price for Paras Defence And Space Technologies Limited IPO is ₹15500.
Please Leave Your Message
Paras Defence And Space Technologies Limited IPO Review/Comments