Paras Defence And Space Technologies Ltd. IPO

Paras Defence And Space Technologies Ltd.

IPO Listing Details

Listed On

BSE & NSE

Listed On

Issue Price

₹175

Issue Price

Listing Price

₹475

Listing Price

Listing Gains

+₹300.00 (+171.43%)

Listing Gains

IPO Details

Bidding Dates

21 Sep - 23 Sep '21

Bidding Dates

Min. Investment

₹14,025

Min. Investment

Lot Size

85.00

Lot Size

Price Range

₹165 - ₹175

Price Range

Issue Size

161 Cr

Issue Size

Subscription Rate

  • Retail Individual Investor
    112.81x
  • Non-Institutional Investor
    927.70x
  • Qualified Institutional Buyers
    169.65x
  • Employees


About Company

With a 40+ year journey, Paras Defence offers a widely varied product range and solutions for Defence and for Space Applications too. Their business is split into five major verticals. They are, - Defence & Space Optics - Electromagnetic Pulse Protection Solutions - Defence Electronics - Heavy Engineering, and - Niche Technologies Most of their projects are designed, developed and also manufactured in India. Paras handles projects of all sizes. The firm’s adaptability, expert workforce and fund generation capability are considered to be some of their important capabilities amongst others by the firm itself.

Paras Defence And Space Technologies Ltd. IPO Latest News and Subscription Status Today (Live)

Paras Defence & Space Technologies Ltd IPO is around the corner. The company is planning on using the net proceeds for funding capital expenditure requirements that are currently to the tune of over Rs 31 crores, for funding working capital requirements of around Rs 50 crores and for loans.

Paras Defence IPO date has been decided to be on the 21st of September 2021.


Why should you invest in Paras Defence And Space Technologies Ltd. IPO?

Paras Defence IPO is being discussed a lot because of the company’s position in the country. They are an important player in Defence & Space Research in India. They are an ‘Indigenously Designed, Developed, and Manufactured’ business in India which puts them in a good position in the Atmanirbhar Policy of the country.


Paras Defence And Space Technologies Ltd. IPO - SWOT Analysis

Strengths:

Paras Defence lays importance on research and development. This has resulted in an increase in the range of products they provide. They are also an important player in certain products’ development in the country. They are the only supplier of certain critical imaging components for India’s space research needs.

Weakness:

Paras Defence depends on few clients for a significant proportion of their revenue. They are dependent on government project contracts for various offerings. The firm’s working capital requirements have to be noted

Opportunities:

Being an IDDM business, the company is well-positioned compared to its competitors. When the project contracts come in their favour, the government policies along the lines of Atmanirbhar Bharat can be a boost to the company. The clients it has are from diverse backgrounds.

Threats:

As a supplier to the Indian government departments they are dependent on government policies and nature of contracts. A change in Defence Policy and budget can impact their financials. Delay in contracts or government restrictions also need to be considered



How to apply for Paras Defence And Space Technologies Ltd. IPO?

You can apply for the Paras Defence And Space Technologies Ltd. IPO in these ways:

UPI
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Paras Defence And Space Technologies Ltd. IPO FAQs

Who is the registrar for the Paras Defence IPO?

The registrar for the IPO is Link Intime India Ltd

Where is the Paras Defence IPO getting listed?

Paras Defence shares will be listed on both BSE and NSE.

Who are the lead managers to the issue?

Anand Rathi Advisors are the lead managers for the issue

What is the issue period?

The issue period is between September 21, 2021 and September 23rd 2021. The finalisation of allotment date is 28th September 2021.

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