Paras Defence And Space Technologies Limited
Bookbuilding IPO · NSE, BSE
- Price band
- ₹165-₹175
- Lot size
- 85 shares
- Issue amount
- ₹171 cr
- Total subscription
- 0×
- Opens
- 21 Sept 2021
- Closes
- 23 Sept 2021
- Allotment
- 28 Sept 2021
- Listing
- 1 Oct 2021
Offer at a glance
Issue overview
- Issue size
- 97,58,776 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹14,025
- Fresh issue
- ₹141 cr
- Offer for sale
- ₹30 cr
- Registrar
- Link Intime India Private Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,875
- Issue type
- Bookbuilding IPO
- Shares before issue
- 3,09,65,775
- Shares after issue
- 3,90,00,061
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 85 | ₹14,875 |
| sHNI | 14 | 1,190 | ₹2,08,250 |
| bHNI | 68 | 5,780 | ₹10,11,500 |
Share reservation
Subscription & GMP
Subscription by category
Subscription figures are awaiting publication.
GMP history
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Company information
Company profile
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.
Strengths
- Wide Defence & Space Offerings: Provides a broad range of products and solutions for defence and space applications.
- Specialized Optics Manufacturer: Among the few Indian companies making optics for defence and space use.
- Aligned with Government Initiatives: Supports “Atmanirbhar Bharat” and “Make in India” programs.
- Strong R&D: Focused on innovation and advanced research.
- Government Relationships: Maintains strong ties with government bodies and organizations.
- Experienced Management: Led by a skilled and seasoned leadership team.
Promoters
Sharad Virji Shah
Munjal Sharad Shah
Registrar & documents
Lead manager
Anand Rathi Securities Limited
Registrar & contacts
Link Intime India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
D-112, TTC Industrial Area, MIDC, Nerul, Navi Mumbai 400 706,
+91 9820 974 974
[email protected]Company website ↗Understanding PARAS IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.