Tuesday, September 28, 2021

Paras Defence IPO Allotment Status, Allotment Date & Link Details

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

The IPO allotment is available on the website given below. Check the status of allotment on website of the registrar Link Intime India Pvt Ltd.
 Check Allotment on IPOWatch
 Click Here
 Check Allotment on Linkintime  Click Here
 Check Allotment on BSE India  Click Here
Paras Defence and Space Technologies Limited

    #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).

    Check the Allotment on BSE

    #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.

    Paras Defence IPO Allotment FAQs


    When is Paras Defence IPO Allotment Date?
    Paras Defence IPO Allotment date is 28 September 2021.

    What will be Paras Defence IPO Refund Date?
    The IPO refund date is 29 September 2021.

    What is the chance to get the Paras Defence IPO Allotment?
    The IPO allotment is based of the subscription. As per the retail application received the basis of allotment will be around 100:1.

    How to check the Paras Defence IPO Allotment?
    Check Paras Defence IPO allotment via your PAN number, the application number, or amount deducted in your bank.

    How to check the Paras Defence IPO Allotment via Registrar?
    Just log on to Linkintime IPO Allotment page here: Click Here and Check via Application Number, PAN Number of your Demat Account Number. Its Easy Right!

    Open FREE Demat Account