Paras Defence and Space Technologies Ltd IPO

Paras Defence and Space Technologies Ltd IPO is listed on BSE and NSE, priced at ₹165–₹175 per share. The stock debuted at ₹469, delivering a listing gain of 168.0%. The IPO had a lot size of ₹85 shares and a minimum investment of ₹14,875.

Paras Defence and Space Technologies Ltd IPO

Mainboard Listed
₹14,875 (85 Shares)
Minimum Investment
Check Allotment
IPO Dates
Sep 21, 2021 – Sep 23, 2021
Price band
₹165-175 per equity share
Minimum Investment
₹14,875
Issue size
N/A Eq Shares of ₹10 (aggregating up to ₹170.78 Cr) #Fresh Issue: N/A 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)
Lot size
85
Allotment Date
Sep 28, 2021
Listing
Oct 1, 2021
Listing At
BSE, NSE

IPO timeline

  1. Sep 21, 2021

    Open Date

    Completed

  2. Sep 23, 2021

    Close Date

    Completed

  3. Sep 28, 2021

    Allotment Date

    Completed

  4. Oct 1, 2021

    Listing Date

    Completed

Price Summary

Last closing
782.70 (347.26%)
52 week high
972.50
52 week low
580.50
Last update

Paras Defence and Space Technologies Ltd IPO Essentials

Paras Defence and Space Technologies Ltd IPO Details

Paras Defence and Space Technologies Ltd IPO is priced at ₹165-175 per share with a total issue size of N/A Eq Shares of ₹10 (aggregating up to ₹170.78 Cr) #Fresh Issue: N/A 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). The IPO has a lot size of 85 shares and is listed on BSE and NSE.

Issue price
₹165-175 per equity share
Lot size
85 shares
Face value
₹10 Per Equity Share 
Issue size
N/A Eq Shares of ₹10 (aggregating up to ₹170.78 Cr)

#Fresh Issue: N/A 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)
Listing at
BSE, NSE
List price
469.0(NSE)
Listing date
Registrar
Link Intime India Private Ltd
Lead manager
Anand Rathi Securities Limited

Paras Defence and Space Technologies Ltd IPO Details

  • Retail Portion 35% (Number of Retail Applications : 40,183)

Paras Defence and Space Technologies Ltd IPO Documents

Paras Defence and Space Technologies Ltd IPO Analytics

Paras Defence and Space Technologies Ltd IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Paras Defence and Space Technologies Ltd IPO Subscription Status

Paras Defence and Space Technologies Ltd IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

As on QIB
NII
Retail Total
Shares Offered / Reserved 19,51,770
14,63,870
34,15,640 68,31,280
Day 1 21-09-21 05:00 PM
0.01 x
3.77x
31.37 x 16.57 x
Day 2 22-09-21 05:00 PM
1.67 x
26.33x
68.56 x 40.57 x
Day 3 23-09-21 05:00 PM
169.65 x
927.70x
112.81 x 304.26 x
Total No. of Applications
category wise applications
3615644 (Approx) 89.98

Paras Defence and Space Technologies Ltd Valuations

Earnings

EPS (Post IPO)
₹5.55/-
P/E Ratio
42.40

Returns

RoNW
9.12%

Data sourced from DRHP / RHP • For educational purposes only

Paras Defence and Space Technologies Ltd Financials( In Crs.)

31-Mar-21 31-Mar-20 31-Mar-19
Assets 362.75 342.38 329.74
Revenue 144.60 149.05 157.16
Profit After Tax 15.78 19.65 18.97

Paras Defence and Space Technologies Ltd Company & Offer Insights

About Paras Defence and Space Technologies Ltd

Paras Defence and Space Technologies are primarily engaged in the designing, developing, manufacturing, and testing of a variety of defence and space engineering products and solutions. The company has five major product category offerings - Defence & Space Optics, Defence Electronics, Heavy Engineering, Electromagnetic Pulse Protection Solutions, and Niche Technologies. Paras Defence and Space Technologies is the only Indian company with the design capability for space-optics and opto-mechanical assemblies and is one of the leading providers of optics for various Indian defence and space programs. The company also delivers customized turnkey projects in the defence segment. The company has partnered with some of the leading technology companies around the world to indigenize advanced technologies in the defence and space sectors for the Indian market.

The company has 2 manufacturing plants in Maharashtra and is in the process of expanding its current manufacturing facility at Nerul in Navi Mumbai.

Paras Defence and Space Technologies Ltd Promoter(s)

Sharad Virji Shah, Munjal Sharad Shah are the company's promoters of Paras Defence and Space Technologies Ltd.

Paras Defence and Space Technologies Ltd IPO Issue Objectives

Fund capital expenditure requirements.
Funding incremental working capital requirements.
Repayment or prepayment of all or a portion of certain borrowings/outstanding loan facilities availed by the company.
General Corporate purposes.

Paras Defence and Space Technologies Ltd IPO - Anchor Investors

Paras Defence mobilises Rs 51.23 crore from anchor investors ahead of IPO

Ashoka India Equity Investment Trust Plc, Abakkus Emerging Opportunities Fund-1, Saint Capital Fund, Nippon India Mutual Fund and HDFC Mutual Fund participated in the anchor book.

Contact Information

Frequently Asked Questions

Click any question to reveal the answer

Paras Defence and Space Technologies Ltd IPO is a book-built IPO worth ₹N/A Eq Shares of ₹10 (aggregating up to ₹170.78 Cr) #Fresh Issue: N/A 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). The price band is ₹165–₹175 per share. The IPO opens on Sep 21, 2021 and closes on Sep 23, 2021. It will be listed on BSE and NSE. Link Intime India Private Ltd is the registrar.

The price band of Paras Defence and Space Technologies Ltd IPO is ₹165 to ₹175 per share.

The lot size of Paras Defence and Space Technologies Ltd IPO is 85 shares.

The minimum investment for Paras Defence and Space Technologies Ltd IPO is approximately ₹14,875 based on the upper price band .

Paras Defence and Space Technologies Ltd IPO opens on Sep 21, 2021 and closes on Sep 23, 2021.

The allotment date of Paras Defence and Space Technologies Ltd IPO is Sep 28, 2021.

Paras Defence and Space Technologies Ltd IPO is expected to be listed on Oct 1, 2021, on BSE and NSE .

Paras Defence and Space Technologies Ltd IPO listed on Oct 1, 2021. It was issued at ₹469.0(NSE) and is currently around ₹782.70 as on 14-May-2026 3:30 PM, which is approximately 347.3% versus issue price. The 52-week high is ₹972.50.

Based on listing and post-listing performance, Paras Defence and Space Technologies Ltd IPO delivered around 347.3% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.

To buy Paras Defence and Space Technologies Ltd IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.

Paras Defence and Space Technologies Ltd IPO valuation snapshot: P/E 42.40, EPS ₹5.55/-, P/B N/A, RoNW 9.12%, and market cap N/A.

To apply for Paras Defence and Space Technologies Ltd IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Paras Defence and Space Technologies Ltd IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Paras Defence and Space Technologies Ltd IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Paras Defence and Space Technologies Ltd IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Paras Defence and Space Technologies Ltd IPO allotment status on IPO Ji for quick and easy access.