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:
Paras Defence IPO Date & Price Band
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 Share Price Live Quote
| Details | BSE Listing | NSE Listing |
| IPO Price | ₹175.00 | ₹175.00 |
| List Price | ₹475.00 | ₹469.00 |
| High Price | ₹498.75 | ₹492.45 |
| Low Price | ₹456.00 | ₹460.00 |
| Close Price | ₹498.75 | ₹492.45 |
| Volume | 7,57,343 | 21,32,033 |
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 Code | 543367 |
| NSE Code | PARAS |
| Group | T Group |
| ISIN No | INE045601015 |
| Offer Price | ₹175 |
| Face Value | ₹10 |
| Listing Date | 01 October 2021, Friday |
Important Links:
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 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.
