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Paras Defence and Space Technologies Limited IPO

Paras Defence and Space Technologies Limited was a mainboard IPO in the Aerospace & Defense sector, offered at ₹82.5–₹87.5 per share to raise ₹171 crore. It listed on 1 Oct 2021 at ₹234 and closed its first day at ₹246, a listing gain of +181.4% versus the ₹87.5 issue price. It now trades around ₹1,250 (+1328.2% versus the issue price).

Frequently asked questions

What were the Paras Defence and Space Technologies Limited IPO listing gains?
Paras Defence and Space Technologies Limited listed on 1 Oct 2021 at ₹234, closing its first day at ₹246 — a listing gain of +181.4% versus the ₹87.5 issue price.
What was the price band and lot size of the Paras Defence and Space Technologies Limited IPO?
The price band was ₹82.5–₹87.5 per share, with a minimum lot of 85 shares (₹7,438 at the upper band).
Who were the registrar and lead manager for the Paras Defence and Space Technologies Limited IPO?
Link Intime India Private Limited was the registrar, and Anand Rathi was the book-running lead manager.