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IPO Snapshot
Paras Defence And Space Technologies Ltd.
Issue Open Date 21-Sep-21  
Issue Closing Date 23-Sep-21  
Application Money 100  
Allotment Money  
Price Band 165 - 175  
Minimum Bid Quantity. 85  
Issue Size (Shares) 9758776  
Market Lot 1  
Objective :
1. Purchase of machinery and equipment;2. Funding incremental working capital requirements of our Company;3. Repayment or prepayment of all or a portion of certain borrowings/outstanding loan facilities availed by our Company; and4. General corporate purposes.
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors   1536856   1425744440   927.7  
Qualified Institutional Buyers   2017941   342338435   169.65  
Retail Individual Investors   2017941   342338435   169.65  
Business Description
Paras Defence And Space Technologies Ltd. engaged in designing, developing, manufacturing and testing of a wide range of defence and space engineering products and solutions. We are one of the leading ‘Indigenously Designed Developed and Manufactured’ (“IDDM”) catego...
Promoter's Holding
Total Share Capital   24587250  
Offered to Public   9758776  
Promoter's Holding (Pre-Issue)   79.4  
Promoter's Holding (Post-Issue)   58.94  
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Address
D-112
T T C Industrial Area
M I D C
Nerul
Navi Mumbai ,
Maharashtra ,
400706
Phone : 022-6919 9999
Email : business@parasdefence.com
Website : www.parasdefence.com
Registrar
Link Intime India Pvt Ltd.
C 101
247 Park
LBS Marg
Vikhroli (West)
Mumbai
Listed at
BSE, NSE
Lead Manager
Anand Rathi Advisors Ltd.
Promoters
Munjal Sharad Shah
Sharad Virji Shah