The latest Paras Defence IPO is here with numerous details including grey market premium, IPO price, Market Lot and Subscription Status. This is Paras Defence IPO which is all set to hit the Indian stock market on 21 September 2021. According to information, this Initial Public Offer will be closed on 23rd September 2021. Know complete information about company work and financial statements.
Paras Defence and Space Technologies are majorly known to work in designing developing, manufacturing and testing a variety of Defence Engineering Company that offers a wide range of services. The company has a good client base which includes ISRO, Bharat Dynamics, HAL, Kirloskar Group, TCS, Tata Power and more. The company has reported revenue of Rs 145 crore in 2021.
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Paras Defence IPO Price
The IPO price has been released by the underwriters of the company. Earlier a day, the company launched the price of per equity share. As per the detail, Paras Defence IPO Price is Rs 165 to Rs 175. Along with it, we want to tell you that it is Rs 170.78 Crore issue IPO.
|IPO Open Date||September 21, 2021|
|IPO Close Date||September 23, 2021|
|Issue Type||Book Built Issue IPO|
|Face Value||₹10 per equity share|
|IPO Price||₹165 to ₹175 per equity share|
|Market Lot||85 Shares|
|Min Order Quantity||85 Shares|
|Listing 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 IPO Market Lot
The market lot of Paras Defence IPO is also available and according to the detail, it is available as a minimum of 1 lot which contains 85 equity shares while the maximum quantity of lot is 13. The maximum lot contains 1105 equity shares.
Paras Defence IPO Listing
Now talking about the listing of this IPO. You will see Paras Defence share will be list on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). It will take place on October 1, 2021.
Paras Defence IPO Allotment Detail
While the allotment of Paras Defence IPO will take place on September 28, 2021. Most probably we will tell you all the updates related to this Initial Public Offer. If your application for IPO does not succeed then you will get your refund in your account on September 29, 2021.
Paras Defence IPO Subscription Status
Paras Defence IPO subscription details are yet to be updated. The complete information about Day1 Subscription, Day2 Subscription Status and Day 3 Subscription Detail will be added here when IPO opens in Dalal Street.
How to Apply IPO
Investors who want to invest in this IPO can buy the lot through a Sebi registered sharebroker such as Zerodha, Upstox and Angelone, etc. Anyone who is interested to buy this IPO can download the IPO form from the NSE forms and BSE official website. Even you can also buy this IPO through Paytm Money, PhonePe.