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Issue Open Date
|
21-Sep-21
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Issue Closing Date
|
23-Sep-21
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|
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Application Money
|
100
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Allotment Money
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Price Band
|
165
-
175
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Minimium Application No.
|
85
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Issue Size (Shares)
|
9758776
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Market Lot
|
1
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Objective
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|
1. Purchase of machinery and equipment;2. Funding incremental working capital requirements of our Company;3. Repayment or prepayment of all or a portion of certain borrowings/outstanding loan facilities availed by our Company; and4. General corporate purposes.
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Category
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No. of Shares
|
No. of Shares
|
Subscription Ratio
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|
|
Offered / Reserved |
Bid For |
|
|
Non-Institutional Investors
|
1536856
|
1425744440
|
927.702035844607
|
|
Qualified Institutional Buyers
|
2017941
|
342338435
|
169.647395538323
|
|
Retail Individual Investors
|
3585996
|
404549000
|
112.813566997844
|
|
|
|
|
Business Description
Paras Defence And Space Technologies Ltd. engaged in designing, developing, manufacturing and testing of a wide range of defence and space engineering products and solutions. We are one of the leading ‘Indigenously Designed Developed and Manufactured’ (“IDDM”) category private sector company in India which caters to four major segments of Indian defence sector i.e. defence and space optics, defence electronics, electro-magnetic pulse (“EMP”) protection solution and heavy engineering. We are also the sole Indian supplier of critical imaging components such as large size optics and diffractive gratings for space applications in India. Our goal is to become one of the leading global companies for optics for defence and space sector.
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Promoter's Holding
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Total Share Capital
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24587250
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Offered to Public
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9758776
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|
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Promoter's Holding (Pre-Issue)
|
79.4
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Promoter's Holding (Post-Issue)
|
58.94
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Address |
D-112
T T C Industrial Area
M I D C
Nerul
Navi Mumbai,
Maharashtra,
400706
Phone : 022-6919 9999
Email : business@parasdefence.com
Website : www.parasdefence.com
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Registrar |
Link Intime India Pvt Ltd.
C 101
247 Park
LBS Marg
Vikhroli (West)
Mumbai
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Listed at |
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BSE, NSE
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Lead Manager |
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Anand Rathi Advisors Ltd.
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Promoters |
Munjal Sharad Shah
Sharad Virji Shah
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|
