Paras Defence IPO (Initial Public Offering) will open for subscription on 21 Sep 2021 which is Tuesday. Paras Defence IPO will close for subscription on 23 Sep 2021 which is Thursday. The GMP is showing high over the IPO price and all eyes will be on QIB and HNI numbers as it will be the key point for the GMP. The company to raise Rs.170.78 crore via IPO.
Paras offers 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 the IPO is ₹165 to ₹175. The Paras Defence IPO to list on NSE and BSE. Check out Paras Defence grey market premium, Kostak rates, and subject to sauda rates as of today.
Paras Defence IPO Subscription Numbers(Day 3)
Paras Defence and Space Technologies IPO subscribed 303.26 times. The public issue subscribed 112.81 times in the retail category, 169.65 times in QIB, and 927.70 times in the NII category by Sep 23, 2021.
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB | 0.01x | 1.67x | 169.65x |
| NII | 3.77x | 26.32x | 927.70x |
| RII | 31.36x | 68.57x | 112.81x |
| EMP | x | x | x |
| OTH | x | x | x |
| Total | 16.57x | 40.57x | 304.26x |
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 IPO Subscription FAQs:
When Paras Defence IPO Subscription will start?
The Paras Defence IPO subscription starts on 21 Sep 2021 for QIB, NII, and Retail Investors.
How much is Paras Defence IPO subscribed?
The Paras Defence IPO subscribed 304.26x times on day 3.
What is the Paras Defence IPO retail subscription status?
The Paras Defence retail subscription is 112.81x on day 3.
How to subscribe to Paras Defence IPO?
You can go with ASBA and Non-ASBA options for subscription. Go to your bank account and apply for IPO online via ASBA or download the form online or get the physical form and submit the filled form to your broker or bank.
How do I check live Paras Defence IPO Subscription Numbers?
One can visit our portal for live subscription numbers which we are updating hourly basis or check the numbers on NSE and BSE websites.
