The details about the Paras defence and space technologies IPO is as:
- The issue size of the IPO is 170.78 Cr.
- The price band ranges from Rs 165 to Rs 175.
- The issue is to open on 21st September 2021.
- The shares will list on 1st October 2021.
- The latest tentative GMP of Paras defence and space technologies IPO is Rs 225.
- The shares of Paras defence and space technologies IPO is subscribed 304.26 times in total.
- The shares of Paras defence and space technologies IPO got listed at Rs 469 with a listing gain of 168%.
Paras defence and space technologies Valuation
The valuation of Paras defence and space technologies IPO company based on its price band and RHP is:
| Particulars |
Value |
| Upper Price Band |
Rs 175 |
| Existing Shares (Qty) |
3.09 Cr |
| Fresh Issue (Amount) |
140.60 Cr |
| Market Cap |
681.35 Cr |
| EPS (FY21) |
Rs 5.55 |
| PE Ratio |
~31.53x |
| Industry PE |
No peers |
Paras defence and space technologies IPO Issue Size
Paras defence and space technologies IPO issue size is 170.78 Cr.
| Issue |
Amount |
| Fresh Issue |
140.60 Cr |
| Offer For Sale |
30.18 Cr |
Paras defence and space technologies IPO Market Lot
An Individual can apply for a minimum 1 lot of 85 shares and a maximum of 13 lots of 1105 shares. Find the details below:
| Application |
Lot |
Shares |
Amount |
| Minimum |
1 |
85 |
Rs 14,875 |
| Maximum |
13 |
1105 |
Rs 1,93,375 |
Paras defence and space technologies IPO Subscription
Paras defence and space technologies IPO is subscribed 304.26 times in total. It is Oversubscribed as of now. The category-wise subscription is as follows::
| Category |
% Offered |
Subscription |
| Qualified Institutional |
Maximum 50% |
169.65 Times |
| Non-Institutional |
Minimum 15% |
927.70 Times |
| Retail Individual |
Minimum 35% |
112.81 Times |
| Total |
|
304.26 Times |
Paras defence and space technologies IPO Grey Market Premium
| As on |
GMP (Tentative) |
| 26 September 2021 |
Rs 250 |
| 27 September 2021 |
Rs 270 |
| 28 September 2021 |
Rs 260 |
| 29 September 2021 |
Rs 245 |
| 30 September 2021 |
Rs 225 |
It is purely for informational purposes and invest in an IPO after thoroughly researching on your own.
Once you have subscribed to an IPO, you have to wait for its allotment to your account. Find below the dates of allotment of Paras defence and space technologies IPO:
| Schedule |
Date |
| Basis of Allotment |
28 September 2021 |
| Refunds |
29 September 2021 |
| Credit to Demat Account |
30 September 2021 |
| IPO Listing Date |
01 October 2021 |
When the allotment is out, you can check it from the registrar's website. Find the Paras defence and space technologies IPO allotment status here.
Check allotment status