Check out Paras Defence IPO GMP aka IPO Grey Market Premium, Kostak rates, and Subject to Sauda rates as of today. Paras Defence IPO GMP is started and going high over the IPO price with good subject to sauda rates.
Paras Defence IPO is going to hit the market on 21st September 2021 as per the market speculations. The IPO to raise ₹ crores via IPO. Paras Defence and space technologies offer a wide range of Products & Solutions for Defence & Space Applications. With a focus on Defence & Space Sector, we have five verticals of our business, namely Defence & Space Optics, Defence Electronics, Heavy Engineering, Electromagnetic Pulse Protection Solutions and Niche Technologies. The price band of Paras Defence IPO is ₹ to ₹. The Paras Defence IPO to list on NSE and BSE.
Paras Defence & Space Technologies is one of the most progressive Tier 2 defence engineering company that offers a wide range of defence products and solutions. They have a good client base with names like ISRO, Bharat Dynamics, HAL, Kirloskar Group, TCS, Tata Power and more. The company reported revenue of ₹145 crores in 2021 against the revenues of ₹148 crores in 2020. The profit was stood at ₹15.79 crores in 2021 against ₹19.66 crores in 2020.
Read Also: Paras Defence IPO Details
Paras Defence IPO GMP Rates Today
- The Paras Defence IPO grey market premium is ₹245.
Paras Defence IPO Kostak Rates Today
- The Paras Defence IPO Kostak Rate is ₹250.
Paras Defence IPO Subject to Sauda Rate Today
- The Paras Defence IPO subject to sauda rates is ₹16000.
Paras Defence IPO Expected Return
- The Paras Defence IPO expected return is 100%.
Paras Defence IPO GMP Rates day by day with Kostak rates & Subject To Sauda
| Date | GMP (in INR) | Kostak (in INR) | Subject to Sauda |
|---|---|---|---|
| 27 Sep 2021 | ₹245 | ₹250 | ₹16000 |
| 26 Sep 2021 | ₹230 | ₹250 | ₹16000 |
| 25 Sep 2021 | ₹230 | ₹250 | ₹16000 |
| 24 Sep 2021 | ₹230 | ₹250 | ₹16000 |
| 23 Sep 2021 | ₹220 | ₹250 | ₹15000 |
| 22 Sep 2021 | ₹220 | ₹250 | ₹15000 |
| 21 Sep 2021 | ₹190 | ₹250 | ₹10000 |
| 20 Sep 2021 | ₹210 | ₹250 | ₹10000 |
| 19 Sep 2021 | ₹220 | ₹250 | ₹10000 |
| 18 Sep 2021 | ₹220 | ₹250 | ₹10000 |
| 17 Sep 2021 | ₹220 | ₹250 | ₹10000 |
| 16 Sep 2021 | ₹160 | ₹250 | ₹3000 |
| 15 Sep 2021 | ₹0 | ₹- | ₹- |
| 14 Sep 2021 | ₹0 | ₹- | ₹- |
| 13 Sep 2021 | ₹0 | ₹- | ₹- |
| 12 Sep 2021 | ₹0 | ₹- | ₹- |
| 11 Sep 2021 | ₹0 | ₹- | ₹- |
Paras Defence IPO Date & Price Band:
| IPO Opening Date | Sep 21, 2021 |
| IPO Closing Date | Sep 23, 2021 |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹165 to ₹175 per equity share |
| Market Lot | 85 Shares |
| Min Order Quantity | 85 Shares |
| Listing At | BSE, NSE |
| Issue Size | Eq Shares of ₹10 (aggregating up to ₹170.78 Cr) |
| Fresh Issue | Eq Shares of ₹10 (aggregating up to ₹140.60 Cr) |
| Offer for Sale | 1,724,490 Eq Shares of ₹10 (aggregating up to ₹30.18 Cr) |
Paras Defence IPO Tentative Timetable
The Paras Defence IPO open date is 21 Sep 2021, and the close date is 23 Sep 2021. The issue may list on 01 Oct 2021.
| IPO Open Date | Sep 21, 2021 |
| IPO Close Date | Sep 23, 2021 |
| Basis of Allotment Date | Sep 28, 2021 |
| Initiation of Refunds | Sep 29, 2021 |
| Credit of Shares to Demat Account | Sep 30, 2021 |
| IPO Listing Date | Oct 01, 2021 |
Paras Defence IPO Market Lot:
The Paras Defence IPO minimum market lot is 85 shares with ₹14,875 application amount. The retail investors can apply up to 13 lots with 1105 shares or ₹193,375 amounts.
| Minimum Lot Size: | Minimum 85 Shares |
| Minimum Amount: | ₹14,875 |
| Maximum Lot Size: | Maximum 1105 Shares |
| Maximum Amount: | ₹193.375 |
Paras Defence Company Financial:
| Particulars | For the year/period ended (₹ in millions) | ||
|---|---|---|---|
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
| Total Assets | 3,627.58 | 3,423.86 | 3,297.48 |
| Total Revenue | 1,446.07 | 1,490.51 | 1,571.69 |
| Profit After Tax | 157.86 | 196.57 | 189.70 |
Disclaimer:
- IPO Grey Market Premium (IPO GMP) mention is valid for the specific date as mentioned in the header.- We are not buying and selling IPO forms on IPO Grey Market.- Kostak Rate is the premium one gets by selling his/her IPO application (in an off-market transaction) to someone else even before allotment or listing of the issue.- Do not subscribe for IPO by just seeing premium Price as it may change anytime before listing. Subscribe only considering Fundamental of the companies
Paras Defence IPO GMP aka Grey Market Premium FAQs
1. What is the Grey Market Premium (GMP) price of Paras Defence IPO?
The Grey Market Premium of Paras Defence IPO is approx. in between ₹245 at the moment.
2. What is the Subject to Sauda price for Paras Defence IPO?
The Subject to Sauda price for Paras Defence IPO is approx. ₹16000.
3. How much will be listing gain be in Paras Defence IPO?
Paras Defence IPO listing gain will be approx. 100% (update on a daily basis)
4. What is the kostak price of Paras Defence IPO?
The Kostak price of Paras Defence IPO is approx ₹250.
){kind=link}