Paras Defence IPO (Initial Public Offering) will open for subscription on 21 Sep 2021 which is Tuesday. Paras Defence IPO will close for subscription on 23 Sep 2021 which is Thursday. The GMP is showing high over the IPO price and all eyes will be on QIB and HNI numbers as it will be the key point for the GMP. The company to raise Rs.170.78 crore via IPO.
Paras Defence IPO Subscription Numbers
Paras Defence and Space Technologies IPO subscribed 303.26 times. The public issue subscribed 112.81 times in the retail category, 169.65 times in QIB, and 927.70 times in the NII category by Sep 23, 2021.
|Category||Day 1||Day 2||Day 3|
Paras Defence IPO Date & Price Band:
|IPO Opening Date||Sep 21, 2021|
|IPO Closing Date||Sep 23, 2021|
|Issue Type||Book Built Issue IPO|
|Face Value||₹10 per equity share|
|IPO Price||₹165 to ₹175 per equity share|
|Market Lot||85 Shares|
|Min Order Quantity||85 Shares|
|Listing At||BSE, NSE|
|Issue Size||Eq Shares of ₹10
(aggregating up to ₹170.78 Cr)
|Fresh Issue||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)
Paras Defence IPO Tentative Timetable
The Paras Defence IPO open date is 21 Sep 2021, and the close date is 23 Sep 2021. The issue may list on 01 Oct 2021.
|IPO Open Date||Sep 21, 2021|
|IPO Close Date||Sep 23, 2021|
|Basis of Allotment Date||Sep 28, 2021|
|Initiation of Refunds||Sep 29, 2021|
|Credit of Shares to Demat Account||Sep 30, 2021|
|IPO Listing Date||Oct 01, 2021|
Paras Defence IPO Market Lot:
The Paras Defence IPO minimum market lot is 85 shares with ₹14,875 application amount. The retail investors can apply up to 13 lots with 1105 shares or ₹193,375 amounts.
|Minimum Lot Size:||Minimum 85 Shares|
|Maximum Lot Size:||Maximum 1105 Shares|