Paras Defence IPO Allotment Date & Status: Paras Defence IPO allotment is out today. Please check the IPO allotment status on the Linkintime registrar as they released the allotment.
Paras Defence IPO Allotment is out now. The refund will be initiated on September 29 and the shares will be credited to the demat account on September 30. The IPO may list on October 1. To check the Paras Defence IPO Allotment the investors can go online via BSE Website, Linkintime website or they can check it via their bank account and demat login as well. Here are step to step guide from where you can check Paras Defence IPO allotment status online or offline.
Paras Defence IPO subscribed 304.26 times with 112.81 times in retail as on day 3. Based on the retail subscription the basis of allotment will be around 100:1.
Paras Defence IPO Allotment Links
| Check Allotment on IPOWatch | Click Here |
| Check Allotment on Linkintime | Click Here |
| Check Allotment on BSE India | Click Here |
#Step 1: How to check Paras Defence IPO Allotment at Linkintime?
- Log on to Linkintime IPO allotment link – Linkintime.com/ipostatus/
- Select IPO Name ‘Paras Defence Limited’ from drop down menu bar
- Select Option from PAN Number, Application Number or DP ID Option
- As per selection add PAN Number, Application Number or Demat Account Number
- Click on ‘Search’ Button
- You will able to see your Paras Defence IPO Allotment on the screen (mobile / desktop).
Check the Allotment on Linkintime
#Step 2: How to check Paras Defence IPO Allotment at BSE?
- Log on to BSE Website – bseindia.com/investors/appli_check.aspx
- Select box ‘Equity’ in the issue type
- Select IPO Name ‘Paras Defence Limited’
- Type Your Application Number & PAN Number
- Click on ‘Search’ Button
- You will able to see your Paras Defence IPO Allotment on the screen (mobile / desktop).
#Step 3: How to check Paras Defence IPO Allotment in Demant Account?
- Call Your Broker or Login to Your Demat Account / Trading Account
- Check the stock is credited to your account or not
- If you got the allotment the credited shares will appear in the demat account
#Step 4: How to check Paras Defence IPO Allotment in Bank Account?
- Login to your Bank Account from which you applied the Paras Defence IPO
- Check the Balance Tab
- If you got the allotment the Amount will be debited
- If you did not get the allotment the Amount will be released
- If you got the allotment you got SMS “Dear Customer, Bank Name Account 00001 is debited with INR 00000.00 on Date. Info: IPOName. The Available Balance is INR 000000.”
Paras Defence IPO Subscription Status
Over Subscribed
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.01x | 1.67x | 169.65x |
| NII | 3.77x | 26.32x | 927.70x |
| RII | 31.36x | 68.57x | 112.81x |
| EMP | 0.00x | 0.00x | 0.00x |
| Total | 16.57x | 40.57x | 304.26x |
Paras Defence IPO Date & Price Band
| IPO Open: | 21 September 2021 |
| IPO Close: | 23 September 2021 |
| IPO Size: | Approx ₹170.78 Crores |
| Fresh Issue: | Approx ₹140.60 Crores |
| Offer for Sale: | Approx ₹30.18 Crores (1,724,490 Eq. Shares) |
| Face Value: | ₹10 Per Equity Share |
| Price Band: | ₹165 to ₹175 Per Share |
| Listing on: | BSE & NSE |
| Retail Portion: | 35% |
| QIB Portion: | 50% |
| NII Portion: | 15% |
| Discount: | ₹- per equity share for Employees |
| DRHP Draft Prospectus: | Click Here |
| DRHP Draft Prospectus: | Click Here |
Paras Defence IPO Market Lot
| Minimum Lot Size: | Minimum 85 Shares for 1 lot |
| Minimum Amount: | ₹14,875 for 1 lot |
| Maximum Lot Size: | Maximum 1105 Shares for 13 lot |
| Maximum Amount: | ₹1,93,375 for 13 lot |
Paras Defence IPO Date, Time Table, Allotment & Listing
| Price Band Announcement: | 15 September 2021 |
| Anchor Investors Allotment: | 20 September 2021 |
| IPO Open Date: | 21 September 2021 |
| IPO Close Date: | 23 September 2021 |
| Basis of Allotment: | 28 September 2021 |
| Refunds: | 29 September 2021 |
| Credit to Demat Account: | 30 September 2021 |
| IPO Listing Date: | 1 October 2021 |
Paras Defence IPO Details
A Maharashtra based defence product range manufacturer and solution provider Paras Defence to raise ₹171 crores via initial public offer. The company reported a profit of ₹15.89 crores in the year ended 2021 that was ₹19.66 crores in 2020. The company has stable financial results in last 3 years or so. Paras Defence IPO opened on September 21, 2021 and closed on September 23, 2021. The price band fixed at ₹165 to ₹175. The face value of the stock is ₹10.
