Paras Defence and Space Technologies IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents
- About Paras Defence and Space Technologies
- Important Details – Paras Defence and Space Technologies
- Objects of the Issue
- Paras Defence and Space Technologies Limited Financials:
- Paras Defence and Space Technologies IPO Price – Details
- Paras Defence and Space Technologies IPO DRHP & RHP
- Paras Defence and Space Technologies IPO Lot Size
- Paras Defence and Space Technologies IPO Lead Managers
- Paras Defence and Space Technologies Registrar
- Paras Defence and Space Technologies IPO Allotment Date, Listing Date and other Important Dates
- Company Peers – Comparison of Accounting Ratios
- Company Registered and Corporate Office
- Company Promoters
- Paras Defence and Space Technologies IPO – FAQS
About Paras Defence and Space Technologies
Paras Defence and Space Technologies Limited is an Indian private sector company engaged in designing, developing, manufacturing and testing a wide range of defence and space engineering products and solutions.
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 heavy engineering.
Paras Defence and Space Technologies is also the sole Indian supplier of critical imaging components such as large size optics and diffractive gratings for space applications in India. The goal is to become one of the leading global companies for optics for the defence and space sector.
The company has five principal categories of product offerings: defence and space optics, defence electronics, EMP protection, heavy engineering for defence and niche technologies
Important Details – Paras Defence and Space Technologies
| Date | Details |
|---|---|
| June 16, 2009 | The company was incorporated as “Paras Flow Form Engineering Limited” at Mumbai |
| September 22, 2009 | The name of the company was changed to “Paras Flowform Engineering Limited” |
| December 2, 2015 | The name of the company was changed to “Paras Defence and Space Technologies Limited” |
Objects of the Issue
- Purchase of machinery and equipment;
- Funding incremental working capital requirements of the Company;
- Repayment or prepayment of all or a portion of certain borrowings/outstanding loan facilities availed by the Company; and
- General corporate purposes
Paras Defence and Space Technologies Limited Financials:
Summary of financial Information (Restated Consolidated Statement)
| Particulars | For the year ended (₹ in Millions) | ||
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
| Total Assets | 3,627.58 | 3,423.86 | 3,297.48 |
| Total income | 1,446.07 | 1,490.51 | 1,571.69 |
| Total Expenses | 1,219.96 | 1,272.59 | 1,303.58 |
| Profit After Tax | 157.86 | 196.57 | 189.70 |
Paras Defence and Space Technologies IPO Price – Details
| Details | PARAS IPO Details |
|---|---|
| Public Issue | Initial Public offer of 1,724,490 Eq Shares of ₹ 10 (aggregating up to ₹140.6 Crore) |
| Issue Open Date | 21-Sep-21 |
| Issue Close Date | 23-Sep-21 |
| Issue Type | Book Building |
| IPO Price Band | ₹ 165 – ₹ 175 |
| Face Value | ₹ 10 |
| Market Lot | 85 Equity Shares and in multiples thereof |
| Minimum Order Quantity | 85 Equity Shares |
| Maximum Subscription Amount for Retail Investor | Rs. 2,00,000 |
| Listing | NSE, BSE |
| NSE Symbol | PDSTL |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
Paras Defence and Space Technologies IPO DRHP & RHP
- Paras Defence and Space Technologies IPO DRHP
- Paras Defence and Space Technologies IPO RHP
Paras Defence and Space Technologies IPO Lot Size
| Application | Lots | No of Shares | Amount (Rs) |
| Minimum | 1 | 85 | ₹ 14,875 |
| Maximum | 13 | 1105 | ₹ 1,93,375 |
Paras Defence and Space Technologies IPO Lead Managers
- Anand Rathi Advisors Limited
Paras Defence and Space Technologies Registrar
Paras Defence and Space Technologies IPO Allotment Date, Listing Date and other Important Dates
| Details | Date |
|---|---|
| Bid / Offer Opens on | 21-Sep-21 |
| Bid / Offer Closes on | 23-Sep-21 |
| Finalisation of Basis of Allotment | 28-Sep-21 |
| Initiation of refunds | 29-Sep-21 |
| Credit of the Equity Shares | 30-Sep-21 |
| Commencement of trading – Listing | 01-Oct-21 |
Company Peers – Comparison of Accounting Ratios
The company does not have any listed industry peers in India
Company Registered and Corporate Office
D-112, TTC Industrial Area,
MIDC, Nerul,
Navi Mumbai 400 706,
Maharashtra, India
www.parasdefence.com
Company Promoters
- Sharad Virji Shah
- Munjal Sharad Shah
Paras Defence and Space Technologies IPO – FAQS
What is the Paras Defence and Space Technologies IPO Price?
The Paras Defence and Space Technologies IPO price band is ₹ 165 – ₹ 175 per share
When Paras Defence and Space Technologies IPO will open?
The Paras Defence and Space Technologies IPO opens on Sep 21, 2021 and closes on Sep 23, 2021
What is the lot size of Paras Defence and Space Technologies IPO?
The Paras Defence and Space Technologies IPO lot size is 85 Equity Shares and the minimum order quantity is 85 Equity Shares
Who is the Registrar for Paras Defence and Space Technologies IPO?
The Registrar for Paras Defence and Space Technologies IPO is Link Intime India Pvt Ltd
How to apply in Paras Defence and Space Technologies IPO through UPI?
Check the step by step process here – Click here
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