Paras Defence IPO Listed at 170% Premium on NSE & BSE

Table of Contents

Paras Defence IPO to list on NSE and BSE on 01 October 2021, Friday at 10:00 AM. It was one of the highest subscribed IPOs of all time and the response was overwhelming. The IPO subscribed 304.26 times in that Qualified Institutional Buyer (QIB) 169.65x, Non-institutional Bidders (NII) 927.70x and Retail (RII) 112.81x. The company reported a strong financial results in 2021 with PAT of ₹15.79 crores in 2021 against ₹19.66 crores in 2020. The revenues also jumped in 2021 to ₹145 crores against ₹148 crores in 2020. The stock will list in T Group. As the stock will be able to go up or down by 5% on the listing price. We will see a bumper listing of Paras Defence IPO. Check out the Paras Defence IPO listing details as given below:

Latest Update: Paras Defence IPO is listed at 170% premium on the indices. Paras Defence share price hit the high of upper circuit after listing today. The Paras Defence share listed at ₹469 on NSE and ₹475 on BSE. The investors got a superb listing gain today. The stock listed above the estimated price by our IPOWatch team. Happy Investing!

Paras Defence and Space Technologies Limited

    Paras Defence Share Price Live Quote

    DetailsBSE ListingNSE Listing
    IPO Price
    List Price
    High Price
    Low Price
    Close Price

    BSE Notice of Listing: Notice 1 | Notice 2

    Paras Defence IPO Listing Details

    Find the Paras Defence IPO listing details like BSE Code, NSE Code, ISIN Number and Listing Group. The information given below will help you on the Paras Defence share listing day.
    BSE Code543367
    GroupT Group
    ISIN NoINE045601015
    Offer Price₹175
    Face Value₹10
    Listing Date01 October 2021, Friday

    Important Links:

    Paras Defence IPO Subscription Status

    (Over Subscribed)

    CategoryDay 1Day 2Day 3

    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 Listing FAQs:

    When is Paras Defence IPO Listing Date?

    Paras Defence IPO listing date is 01 October 2021, Friday.

    What will be estimated listing price of Paras Defence stock?

    As per the market speculations the IPO might list at ₹380 to ₹430 level. If market supports the stock might go one a higher side around ₹430 level while on the down side the stock might hit to ₹380 level.

    How much returns expected in Paras Defence IPO?

    The IPO might give a listing gain of ₹15000 to ₹18000.

    What is Paras Defence Share Price on Listing Day?

    The IPO listed at ₹469 on NSE and at ₹475 on BSE.

    Will Paras Defence will list on NSE and BSE?

    Yes, The IPO to list on NSE and BSE both the indices.

    Should I buy Paras Defence shares on listing day?

    The long term investors should buy the stock on the listing day.

    What is a BSE and NSE Code for the Paras Defence IPO?

    The BSE Code is 543367 while NSE Code is PARAS.

    Share the Post:

    Follow IPO Watch for the upcoming IPO news and their reviews, also keep following us on TwitterFacebook, and Instagram. For our latest videos, subscribe to our YouTube channel.