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Paras Defence & Space Technologies Ltd. IPO
NSE & BSE Bookbuilding IPO Fresh Capital-cum-Offer for Sale Closed Live Chart
GMP +₹0 +0% Est. Listing ₹175
Issue Price
₹175
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹175
GMP based
Lot Size
85
shares / lot
Min Amount
₹14,875
1 lot · 85 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
21 Sep 2021
Tue Completed
Done
Close Date
23 Sep 2021
Thu Completed
Done
Allotment
28 Sep 2021
Tue Completed
Done
Refund
29 Sep 2021
Wed Completed
Done
Demat Credit
30 Sep 2021
Thu Completed
Done
Listing Date
01 Oct 2021
Fri Completed
UPI Deadline: 23 Sep 2021
Issue Details
Pricing & Size
Issue Price
₹175 Face ₹10
Lot Size
85 shares
Min Investment
₹14,875
Total Issue Size
97,58,776 shares (aggregating up to ₹170.78 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital-cum-Offer for Sale
Listing Exchange
NSE & BSE
Script / Ticker
-
Allocation Breakdown
Market Maker
-
QIB Portion
48,79,387 (50.00%)
NII / HNI
14,63,817 (15.00%)
Retail
34,15,572 (35.00%)
Employee
-
Net Offer to Public
-
Shareholding Pattern
Pre-Issue Shareholding
3,09,65,775 shares
Post-Issue Shareholding
3,90,00,061 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 85 ₹14,875
HNI / NII 14 1,190 ₹2,08,250
bHNI / bNII 68 5,780 ₹10,11,500
Objects of Issue
4 objectives
1
1 Purchase of machinery and equipment
34.66 Cr
2
2 Funding incremental working capital requirements of our Company
60.00 Cr
3
3 Repayment or prepayment of all or a portion of certain borrowings/outstanding loan facilities availedby our Company
12.00 Cr
4
4 General corporate purposes
17.79 Cr
Lead Managers & Market Maker
Book Running Lead Managers
Anand Rathi Advisors Ltd.
IPO Timeline
Open
21 Sep
✓ Done
Close
23 Sep
✓ Done
Allotment
28 Sep
✓ Done
Listing
01 Oct
✓ Done
Registrar Details
MUFG Intime India Pvt.Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-4918 6270
Email
Parasdefence.ipo@linkintime.co.in
Company Contact
Email
ir@parasdefence.com
Phone
+91 9820 974 974
Address
D-112, TTC Industrial Area, MIDC, Nerul, Navi Mumbai 400 706, Navi Mumbai, Maharashtra
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹175
Est. Listing
₹175
Lot Size
85 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Paras Defence & Space Technologies Ltd. LIVE
INR ·
vs Issue
Open
High
Low
Mkt Cap
P/E
52W H
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| Price
Market Reference
IPO Issue Price
₹175
GMP
+₹0 (+0%)
GMP Est. Listing
₹175
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 48,79,387 (50.00%) ₹8,538.93 Cr
NII / HNI (Total) 14,63,817 (15.00%) ₹2,561.68 Cr
Retail Investors 34,15,572 (35.00%) ₹5,977.25 Cr
Total ** 97,58,776 (100.00%) ₹170,778.58 Cr
* Based on ₹175.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
48,79,387 (50.00%)
NII
14,63,817 (15.00%)
Retail
34,15,572 (35.00%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in Crore
Metric31-Mar-2131-Mar-2031-Mar-19
Revenue144.61149.05157.17
PAT15.7919.6618.97
EBITDA
Net Worth
Total Assets362.76342.39329.75
Reserves
Borrowings
About Paras Defence & Space Technologies Ltd.

Paras Defence and Space Technologies are primarily engaged in the designing, developing, manufacturing, and testing of a variety of defence 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 opto-mechanical assemblies and is one of the leading providers of optics for various Indian defence and space programs. The company also delivers customized turnkey projects in the defence segment. The company has partnered with some of the leading technology companies around the world to indigenize advanced technologies in the defence and space sectors for the Indian market.

The company has 2 manufacturing plants in Maharashtra and is in the process of expanding its current manufacturing facility at Nerul in Navi Mumbai.

Competitive Strengths

  • Wide range of products and solutions offerings for defence and space applications.
  • One of the few manufacturers of optics for space and defence application in India.
  • Companies offerings are aligned with the “Atmanirbhar Bharat” and “Make in India” initiatives by the government.
  • Strong R&D capabilities with a focus on innovation.
  • Strong customer relationship with government arms and government organizations.
  • Strong experienced management.
Frequently Asked Questions
What is the issue price of Paras Defence & Space Technologies Ltd. IPO?
The issue price of Paras Defence & Space Technologies Ltd. IPO is ₹175 per share, face value ₹10.
What is the lot size?
Minimum lot size is 85 shares, requiring ₹14,875.
What are the IPO dates?
Opens 21 Sep 2021, closes 23 Sep 2021.
When is the listing date?
Tentative listing: 01 Oct 2021 on NSE & BSE.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹175 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Paras Defence & Space Technologies Ltd. IPO · Expected 28 Sep 2021

Check on Registrar
Post-IPO Timeline
Allotment Date
28 Sep 2021
Refund Initiation
29 Sep 2021
Demat Credit
30 Sep 2021
Listing Date
01 Oct 2021
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹175
Face ₹10
Lot Size
85
shares / lot
Min Amount
₹14,875
1 lot
Est. Listing
₹175
GMP +₹0
Key Dates
Open
21 Sep Done
Close
23 Sep Done
Listing
01 Oct Done
Registrar
MUFG Intime India Pvt.Ltd.
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