Paras Defence And Space Technologies Limited
ListedMainboardIndustrials & Aerospace · NSE / BSE
Paras Defence and Space Technologies is engaged in designing, developing, manufacturing, and testing a wide range of defence and space engineering products and solutions. The company operates across key areas such as defence and space optics, defence electronics, heavy engineering, electromagnetic pulse protection, and niche technologies, and is the only Indian company with in-house design capabilities for space optics and opto-mechanical assemblies. It plays an important role in Indian defence and space programs, delivers customized turnkey projects, and works with global technology partners to bring advanced solutions to the Indian market. The company operates two manufacturing facilities in Maharashtra and is expanding its plant at Nerul in Navi Mumbai.
Price Band
₹165 – ₹175
Issue Size
₹171 Cr
Lot Size
85 shares
GMP
₹220
+125.7%
Est. Listing
₹395
at current GMP
Subscribed
—
Open
21 Sep 2021
Close
23 Sep 2021
Allotment
28 Sep 2021
Refund
29 Sep 2021
Demat Credit
30 Sep 2021
Listing
1 Oct 2021
Last updated 12 days ago
Overall Subscription
0.00x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 4,885,714 | — | 0.00x |
| Non-Institutional (NII / HNI) | 1,465,714 | — | 0.00x |
| Retail Individual (RII) | 3,420,000 | — | 0.00x |
| Total | 9,771,428 | 0 | 0.00x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 40,235 | 40,235 | 1.00x |
| HNIs (10L +) | 257 | 257 | 1.00x |
| HNIs (2-10L) | 1,232 | 1,232 | 1.00x |
| Total Applications | 41,724 | 41,724 | 1.00x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About Paras Defence And Space Technologies Limited Public Issue & Market Profile
Paras Defence And Space Technologies Limited is bringing an initial public offering (IPO) in the Industrials & Aerospace sector with an aggregate issue size of ₹171 Crores. The shares are offered at a price band of ₹165 to ₹175 per equity share on NSE and BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
Bidding & Quota Instructions:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Allotment Reconciliation Schedule:
Following the close of bidding on 2021-09-23, the basis of allotment is scheduled to be finalized on 2021-09-28. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.
Frequently Asked Questions
What is Paras Defence And Space Technologies Limited IPO GMP today?
The latest Grey Market Premium (GMP) for Paras Defence And Space Technologies Limited IPO is ₹220 per equity share. Based on the upper price band of ₹165 to ₹175 per equity share, the estimated listing price is ₹395 (+125.7% expected listing gain).
What is the expected profit per lot for Paras Defence And Space Technologies Limited IPO?
With a lot size of 85 shares and current GMP of ₹220, the expected profit per application lot is approx ₹18,700 (+125.7% gain). Minimum application cost is approx ₹14,875.
What is the issue size and price band for Paras Defence And Space Technologies Limited IPO?
The Paras Defence And Space Technologies Limited IPO aggregate issue size is ₹171 Crores with an equity price band set at ₹165 to ₹175 per equity share. The retail lot size is 85 shares requiring a minimum capital outlay of approx. ₹14,875.
How can I check Paras Defence And Space Technologies Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.00x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
Where and when will Paras Defence And Space Technologies Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2021-09-28. Investors can verify status using PAN card or application number.
When is the listing date for Paras Defence And Space Technologies Limited IPO?
Paras Defence And Space Technologies Limited shares are scheduled to list on NSE and BSE on 2021-10-01.