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Paras Defence And Space Technologies

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.

₹165 - ₹175Open
Listed Price₹469.00
Listing Gain+168.00%

IPO Schedule & Timeline

Bookbuilding IPO
Open21 Sep 2021
Close23 Sep 2021
Allotment28 Sep 2021
Listing01 Oct 2021

Quota Reservation & Application Lots

Quota Reservation (% Shares)

QIB48,79,387 shares
50%
Nii (hni)14,63,817 shares
15%
Retail34,15,572 shares
35%

Minimum Application Lots

Retail1 Lot (85 shares)
₹14,875
sHNI14 Lots (1,190 shares)
₹2,08,250
bHNI68 Lots (5,780 shares)
₹10,11,500

Company Promoters

Sharad Virji ShahMunjal Sharad Shah

Company Background

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 Ind...

Lead Managers & Bankers

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar-21)₹1446.07 Cr
Growth-8.0%
Revenue Trend (₹ in Crores)
0.0602.51.2k1.8kMar-19Mar-20Mar-21
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar-211,446.07157.863,627.580
Mar-201,490.51196.573,423.860
Mar-191,571.69189.703,297.480

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Link Intime India Private Limited

Allotment Finalized
Allotment Date
28 Sep 2021
Official Status
Out / Finalized
Registrar
Link Intime India Private Limited
Listing Date
01 Oct 2021

Official Allotment Verification Links

Official Registrar Portal
Link Intime India Private Limited

Direct allotment verification on the official registrar portal appointed for Paras Defence And Space Technologies. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization28 Sep 2021Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date01 Oct 2021Trading commences on exchange

How to Check Paras Defence And Space Technologies Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Paras Defence And Space Technologies from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

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Prospectus & Official Filings

Allotment FAQs & Help

About Paras Defence And Space Technologies IPO

Complete issue overview for Paras Defence And Space Technologies (PARAS) IPO. The issue features an equity share price band of ₹165 – ₹175 per share with a minimum retail lot size of 85 Shares (minimum application amount of ₹14,875). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions