Exchanges
BSE, NSE
Industry
Aerospace & Defense
Issue
Book building

Paras Defence & Space Technologies IPO

₹492.45

+181.40% on listing

Listing-day close · NSE · 1 Oct 2021 · issue price ₹175

Paras Defence & Space Technologies’ ₹171 crore IPO was priced at ₹175 a share. It listed on the NSE on 1 Oct 2021 and closed its first day at ₹492.45, up 181.40% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹171 Cr
Fresh issue
₹141 Cr
Offer for sale
₹30.18 Cr
Lot size
85 shares
Minimum investment
₹14,875
Face value
₹10
Registrar
MUFG Intime India

Subscription

Paras Defence & Space Technologies IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—215.09×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹683 Cr
Promoter holding
79.40% → 58.93%

From the offer documents.

Listing

Listing date
1 Oct 2021
Issue price
₹175
Open
₹469.00
High
₹492.45
Low
₹460.00
Close
₹492.45

Listing day on the NSE. The close was +181.40% on the issue price.

PARAS share price today

FAQs

When did the Paras Defence & Space Technologies IPO open and close?

It opened on 21 Sep 2021 and closed on 23 Sep 2021.

What was the Paras Defence & Space Technologies IPO price?

The price band was ₹165–175 a share. The final issue price was ₹175.

What is the lot size and minimum investment?

One lot is 85 shares, ₹14,875 at ₹175 a share. Retail investors apply in whole lots.

How much did Paras Defence & Space Technologies raise?

₹171 crore: ₹141 crore of new shares and ₹30.18 crore offered by existing shareholders.

How many times was the Paras Defence & Space Technologies IPO subscribed?

215.09 times overall.

How did Paras Defence & Space Technologies list?

It listed on the NSE on 1 Oct 2021 at ₹469.00 and closed the day at ₹492.45, up 181.40% on the ₹175 issue price.

Who is the registrar of the Paras Defence & Space Technologies IPO?

MUFG Intime India handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

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