Paras Defence and Space Technologies Limited is an Indian private sector company engaged in designing, developing, manufacturing and testing a wide range of defence and space engineering products and solutions. They are one of the leading ‘Indigenously Designed Developed and Manufactured’ (IDDM) category private sector company in India which caters to four major segments of the Indian defence sector, i.e. defence and space optics, defence electronics, electro-magnetic pulse (EMP) protection solution and heavy engineering.
They are also the sole Indian supplier of critical imaging components such as large size optics and diffractive gratings for space applications in India.
The entire public offer of Paras Defence and Space Technologies Limited limited comprises of fresh issue of equity shares of ₹140 Cr and Offer for Sale of up to 17,24,490 equity shares by the selling shareholders.
|Financial Year Ended||Revenue (₹ Crores)||Profit for the period (₹ Crores)||EPS (₹)|
For more information, you can check out the IPO Prospectus filed by the company.
|Issue Period||21st September 2021 to 23rd September 2021|
|Price Range||₹ 165 - 175|
|Minimum Bid Quantity||85 and in multiples thereof|
|Finalisation of Allotment||28th September 2021|
|Initiation of Refunds||29th September 2021|
|Credit of Shares||30th September 2021|
|Listing Date||1st October 2021|
|Mandate end Date||8th October 2021|
How do I apply to the Paras Defense and Space Technologies IPO?
You can apply for the Paras Defense and Space Technologies IPO using any supported UPI app by following two steps:
- Enter your bid on Console
- Accept UPI mandate on your phone
On acceptance of the mandate, the bid amount will get blocked in your bank account. Click hereto learn more.
Where do I check the allotment status for Paras Defense and Space Technologies IPO?
You can check the allotment status for the Paras Defense and Space Technologies on the website of the Registrar and Transfer agent.
Alternatively, you can also check the allotment status on the NSE website. The tentative date of allotment is 28th September 2021.