Paras Defence and Space Technologies IPO

Paras Defence and Space Technologies Limited (PARAS) · mainboard IPO on NSE and BSE · 100% Book Building. Listed on 01 October 2021.

Listed 1 Oct Listing gain +168.0%

Issue details

Price band
₹165–175
Issue price
₹175
Lot size
85 shares
Min. retail bid
₹14,875
Max. retail bid
13 lots (₹1,93,375)
Issue size
—
Face value
₹10
Bidding
21 Sep – 23 Sep 2021
Listing
01 Oct 2021
Retail quota
—
Registrar
Link Intime India Private Limited

Listing day

Listed at
₹469
+168.0% vs issue price ₹175
Day's high
₹492
+181.4% · low ₹460 (+162.9%)
Day's close
₹492
+181.4% · traded ₹102 Cr

Past IPOs with similar demand

Earlier mainboard IPOs whose QIB, NII and retail subscription and size were closest to Paras Defence and Space Technologies's, and how they listed.

IPOQIBNIIRetailTotalSizeListing gainDay high
Sansera EngineeringSep 2021 —— —— — +9.1%+13.2%
Chemplast SanmarAug 2021 —— —— — +1.7%+1.7%
Rolex RingsJul 2021 —— —— — +38.9%+40.3%
Shyam Metalics and EnergyJun 2021 —— —— — +24.2%+30.4%
Kalyan Jewellers IndiaMar 2021 —— —— — -15.0%-6.9%
MTAR TechnologiesMar 2021 —— —— — +82.6%+100.8%

Offer documents (NSE)

Frequently asked

What is the Paras Defence and Space Technologies IPO price band and lot size? ₹165–175 per share, with a lot of 85 shares, so the smallest retail bid is ₹14,875.

How did it list? It opened at ₹469, +168.0% against the issue price of ₹175, and closed its first day +181.4%.

Other IPOs of 2021

Important: The AI listing estimates on Flash Finance are statistical estimates drawn from how past Indian IPOs have listed. They are not a forecast of what any IPO will do, not a recommendation to apply, buy or sell, and not investment advice. Listing prices depend on market conditions on the listing day and can differ widely from any estimate; past patterns may not repeat. Subscription figures are as published by NSE (bids on NSE and BSE together) and can be revised. Flash Finance is not a SEBI-registered investment adviser or research analyst. Read the issue's Red Herring Prospectus and consult a SEBI-registered adviser before you invest.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI