Paras Defence and Space Technologies IPO is a book built issue of Rs 170.78 crores. The issue comprises of fresh issue of Rs 140.60 crore and offer for sale of 0.17 crore shares. Paras Defence and Space Technologies IPO bidding started from September 21, 2021 and ended on September 23, 2021. New Delhi: Paras Defence and Space Technologies, which provides defence and space engineering products & solutions is coming out with a Rs 170.7 crore initial public offering (IPO) which opened for bidding today i.e. September 21, 2021. The IPO will close on Thursday, 23rd September 2021.
PARAS DEFENCE AND SPACE TECHNOLOGIES IPO • PARAS DEFENCE IPO GMP SUBSCRIPTION • IPO
Paras Defence IPO GMP today is ₹ 260 that means shares of the defence company is trading at a premium of near 150 per cent in grey market. (iStock) Paras Defence IPO price: Even after fall in grey market premium, the defence company's share has been trading at more than 100 per cent premium in the grey market Photo: Courtesy Paras. Paras Defence IPO share allotment announced. What GMP signals 1 min read 29 Sep 2021, 11:57 AM IST Join us Livemint Paras Defence IPO included a fresh issue of up to ₹140.6 crore and an. Paras Defence IPO description - The company is engaged in designing, developing, manufacturing and testing of a wide range of defence and space engineering products and solutions.
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The Paras Defence IPO as an issue aggregated to around Rs 170.78 crore. It also consisted of a fresh issue and an offer for sale (OFS). The fresh issue came up to Rs 140.60 crore and the OFS aggregated up to Rs 30.18 crore with a total of 1,724,490 equity shares. Paras Defence IPO shares allotment will be settled on September 28. The IPO was opened for subscription on September 21 and the window for subscription closed on September 23. The company is expected to be listed on NSE and BSE on October 1. The price band was fixed at Rs 165-175 per share. Paras Defence was listed on the stock exchange on 01-10-2021. The IPO was subscribed 304.26x. The last GMP for Paras Defence IPO was ₹220, updated on Oct 1st 2021 09:18 AM. As per the last GMP, the expected profit/loss for the IPO was 125.71%. Curated By: Joshua Kennedy News18.com Last Updated: September 20, 2021, 09:31 IST Adani Wilmar IPO is set to open on Januaey 27 Paras Defence and Space Technologie s is looking to open up its initial public offering (IPO) of Rs 170.78 crore on Tuesday.
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October 1, 2021 - Advertisement - Paras Defence and Space Technologies IPO subscription to start from Sep 21 to Sep 23, 2021. The fresh issue aggregates up to Rs 140.60 crore, while the OFS comes up to Rs 30.18 crore with a total of 1,724,490 equity shares. The price range for the offer has been fixed at Rs 165 - 175 per share. Paras Defence IPO size: Company aims to raise ₹ 170.78 crore from this public issue out of which ₹ 140.60 crore is planned from fresh issue while ₹ 30.18 crore through OFS (Offer for Sale)..
Experienced management team Objects of the Paras Defence IPO: The Offer comprises of Fresh Issue and Offer for Sale. Offer for sale of up to 1,724,490 Equity shares aggregating up to ₹ 30.18 Cr. Net Proceeds from the Fresh Issue are proposed to be utilized in the following manner: 1. Purchase of machinery and equipment 2. Paras Defence and Space Technologies are one of the leading 'Indigenously Designed Developed and Manufactured'("IDDM") category private sector companies in India, which caters to four major segments of Indian defence sector i.e. defence and space optics, defence electronics, electro-magnetic pulse ("EMP") protection solution and.
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According to the RHP documents submitted with SEBI, the IPO of Paras Defence and Space Technologies Limited would take place on September 21.The Paras Defence IPO includes a fresh issue of 140.6 crore and an offer to sell up to 1,724,490 equity shares of 10. The IPO will close on September 23rd.On October 1, the corporation may be listed on the indices. The Paras Defence IPO has a price band of Rs 165 to Rs 175 per equity shares. Paras Defence and Space Technologies initial public offer (IPO) window for subscription is opening today on September 21 and will close on September 23. The company is eyeing Rs 170.78 crore on Tuesday.