Paras Defence

October 02, 2021

Paras Defence Space Technologies the company whose IPO was subscribed over. Paras Defence IPO GMP is on high at 230 level while subject to sauda rates at 15000 level.

Paras Defence Share Price Paras Defence And Space Technologies Listing News Paras Defence Makes Stellar Market Debut Shares Nearly Triple On Opening

They have a good client base with names like ISRO Bharat Dynamics HAL Kirloskar Group TCS Tata Power and more.

Paras defence. The companys revenue witnessed a slight decline from Rs 148 crore to 145 crore. 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. Paras Defence IPO included a fresh issue of up to 1406 crore and an offer for sale of up to 1724490 equity shares.

The initial share sales price range was fixed at 165-175 apiece. Paras Defence Space Technologies IPO is getting listed on stock exchanges today. Paras Defence and Space Technologies is Indias most progressive Tier 2 defence engineering company.

The IPO opens for subscription from 21-23 September 2021. The offer wide range of defence products and solutions. Bidders can also visit the official BSE website to check the allotment status for Paras Defence IPO from September 28 onwards.

The company has five major product category offerings - Defence Space Optics Defence Electronics Heavy Engineering Electromagnetic Pulse Protection Solutions and Niche Technologies. Paras Defence shares opened for trading at Rs 475 on the BSE compared to its issue price of Rs 175 marking an increase of 271 times. The company has multiple business verticals including defense and space optics defense electronics electromagnetic pulse protection solutions heavy engineering and niche technologies in addition to the defense and space sectors.

Paras Defence IPO listing GMP. Paras Defence among top 10 stocks that more than doubled investors wealth on listing Day - check full list Paras Defence Space Technologies Ltd made history on the listing day as shares more than doubled from its issue price of Rs 175 and closed with gains of 185 per cent on the BSE on Friday. They are the only manufacturer of Infrared Optics in large quantities in India.

1 Paras Defence is Indian private sector company that is engaged in designingdevelopingtestingmanufacturing various defence and space engineering products and solutions. Paras Defence and Space Technologies listed at a 171 per cent premium over its IPO price of Rs 175 on Friday - the strongest stock market debut so far in 2021. The expected return from the IPO is estimated around 100.

The company announced its final share allotment on. The IPO of the Mumbai-based defence company has received huge demand from investors as the IPO was subscribed 304. They are the only manufacturer of Infrared Optics in India.

Paras Defence and Space Technologies a Mumbai based defence engineering company technology company that has broken all records as far as subscription of the IPO is concerned the IPO witnessed overwhelming response as it was subscribed 304 times with investors bidding for 217 crore shares against the 7140 crore shares on offer. Shares of Paras Defence Space Technologies Ltd. They are contributing prestigious Defence Space Programs of our country.

Paras Defence and Space Technologies Paras Defence is a defence and space-based company and is engaged in designing developing manufacturing and testing defence and space engineering products and solutions. The GMP suggests that the public issue will open at a premium of over 100. 14060 Cr and offer for sale of 3018 Cr to hit the market soon.

In comparison the stock was priced at Rs 175 at the upper limit for the IPO. 2 Company has wide rate of defence and space applications and one of the few manufacturers of optics for space and defence application in India. The stock ended up 185 per cent at Rs 49875 after listing at Rs 475 earlier in the day.

Paras Defense Space Limited offers a wide range of products and solutions for Defense and Space applications. With focus on Defence Space Sector we have five verticals of our business namely Defence Space Optics Defence Electronics Heavy Engineering Electromagnetic Pulse Protection Solutions and Niche Technologies. The IPO according to the red herring.

Paras Defence Share Price. Paras Defence Space Technologies Ltd. Paras Defence Shares List At 171 Premium On Market Debut.

Paras Defence and Space Technologies IPO of Rs. Paras Defence is one of the few companies that can deliver customised projects associated with defence and space research. The company is launching its maiden offer on 21 September.

17078 Cr comprising a fresh issue of Rs. Coming to the listing gains Paras Defence shares currently trading at about Rs 250 apiece in the grey market thanks to the bumper subscription. Surged on market debut after the company last week closed Indias most successful initial share sale at least since 2017The stock listed at Rs 475 apiece a 1714 premium to its IPO price of Rs 175 according to data available on the.

Paras Defence and Space Technologies limited is a private Indian company that designs develops manufactures and tests a complete range of defence and. Analysts are recommending booking profits in the stock. The price band for the Paras Defence and Space Technologies IPO was fixed at Rs 165 at the lower.

The price band is fixed at Rs. Paras Defence IPO to hit the market on 21 September and will close on 23 September. Paras offers a wide range of Products Solutions for Defence Space Applications.

Will launch its Rs 1708-crore initial public offering on Tuesday as it aims to expand capacity augment working capital requirement and repay certain borrowings. Paras Defence is one of the leading indigenously Designed Developed and Manufactured category Indian private sector company engaged in designing developing manufacturing and testing of a wide range of defence and space engineering products and solutions. Paras Defence nearly triples investors wealth on listing.

On September 28 the GMP was around Rs 250. The Grey Market Premium of Paras Defence and Space Technologies was around Rs 200 on Thursday.

Paras Defence Ipo Grey Market Premium Analysis Listing Estimate