Paras Defence and Space Technologies IPO subscription opened on 21 September 2021 and closed on 23 September 2021. The IPO received an exceptional response from investors and was subscribed 304.26 times overall on the final day.
The total issue size of the Paras Defence and Space Technologies IPO was ₹170.78 Crore, comprising a fresh issue of ₹140.60 Crore and an offer for sale (OFS) of ₹30.18 Crore. Under an offer for sale, existing shareholders sell part of their holdings through the IPO.
During the IPO period, the reported Paras Defence IPO GMP was around ₹210 per share. Grey Market Premium (GMP) is an unofficial market indicator and should not be considered a guaranteed listing price.
Read: Paras Defence and Space Technologies IPO Anchor Investors List
Should You Subscribe to Paras Defence and Space Technologies IPO?
Our view at the time of the IPO: Yes, the IPO could be considered based on the available subscription data, business prospects and market sentiment.
Important: This was a historical IPO that closed in September 2021. The above view represents the context at the time and should not be interpreted as a current investment recommendation.
Paras Defence and Space Technologies IPO Subscription: Latest Update
| Final Subscription Update: Paras Defence and Space Technologies IPO |
- Total subscription: 304.26 times
- Retail subscription: 112.81 times
- QIB subscription: 169.65 times
- NII subscription: 927.70 times
|
Read: Paras Defence IPO GMP
Paras Defence and Space Technologies IPO Subscription Status
| Investor Category |
Day 1 |
Day 2 |
Day 3 |
| QIB |
0.01x |
1.67x |
169.65x |
| NII |
3.77x |
24.64x |
927.70x |
| Retail |
31.36x |
67.09x |
112.81x |
| Total |
16.57x |
39.47x |
304.26x |
The Paras Defence IPO witnessed strong demand across all investor categories. On the final day, the retail portion was subscribed 112.81 times, the QIB portion 169.65 times, and the NII portion 927.70 times. Overall, the IPO was subscribed 304.26 times.
Paras Defence and Space Technologies IPO FAQs
What was the Paras Defence IPO retail subscription status?
The retail category of the Paras Defence and Space Technologies IPO was subscribed 112.81 times on the final day, 23 September 2021.
How could investors subscribe to the Paras Defence IPO?
During the IPO period, investors could apply for the Paras Defence and Space Technologies IPO through their bank using the ASBA facility or through supported brokers using the UPI application process.
The IPO application process was available through online application channels supported by participating banks and brokers.
How many times was the Paras Defence IPO subscribed?
The Paras Defence and Space Technologies IPO was subscribed 304.26 times overall on the final day of bidding, 23 September 2021.
How was the Paras Defence IPO subscription divided by category?
On the final day, the QIB category was subscribed 169.65 times, the NII category 927.70 times, and the retail category 112.81 times.
When was the Paras Defence IPO allotment date?
The Paras Defence IPO allotment was finalized on 28 September 2021.
Check IPO Allotment Status
What was the Paras Defence IPO GMP?
The reported Paras Defence IPO GMP during the IPO period was around ₹210 per share. GMP is an unofficial indicator and does not guarantee the actual listing price.
Check IPO GMP Details
What was the total issue size of the Paras Defence IPO?
The total Paras Defence and Space Technologies IPO issue size was ₹170.78 Crore, consisting of a fresh issue of ₹140.60 Crore and an offer for sale of ₹30.18 Crore.