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Paras&nbsp;Defence and Space Technologies has made a stellar debut on&nbsp;Dalal&nbsp;Street as its shares got listed at a premium of 171% over its issue price.
Scrips of Paras&nbsp;Defence listed at Rs 475 per piece against its offer price of Rs 175.
The Rs 170&nbsp;crore IPO&nbsp;saw a record-breaking response from investors. The issue was subscribed 304 times during the offer period in September.
The Navi Mumbai-based company is the sole Indian supplier of critical imaging components such as large-sized optics for space applications.

Stellar Debut! Paras Defence lists at 171% premium

Paras Defence and Space Technologies has made a stellar debut on Dalal Street as its shares got listed at a premium of 171% over its issue price.

Scrips of Paras&nbsp;Defence listed at Rs 475 per piece against its offer price of Rs 175

Paras&nbsp;Defence and Space Technologies has made a stellar debut on&nbsp;Dalal&nbsp;Street as its shares got listed at a premium of 171% over its issue price.
Scrips of Paras&nbsp;Defence listed at Rs 475 per piece against its offer price of Rs 175.
The Rs 170&nbsp;crore IPO&nbsp;saw a record-breaking response from investors. The issue was subscribed 304 times during the offer period in September.
The Navi Mumbai-based company is the sole Indian supplier of critical imaging components such as large-sized optics for space applications.

Paras Defence IPO: Paras Defence and Space Technologies is the 42nd maiden public offer to open in 2021 and the fourth in September. 

Paras Defence IPO: Last day for subscription, offer subscribed 40.6 times

Paras Defence IPO: Last day for subscription, offer subscribed 40.6 times.&nbsp;

Paras Defence IPO: Fully subscribed within the first hour of opening

Paras Defence IPO: The defence company aims to raise&nbsp;₹170.78 crore from its initial offer allocating&nbsp;₹140.60 crore for fresh issues and&nbsp;₹30.18 crore for OFS.

Paras Defence IPO:&nbsp;Paras Defence and Space Technologies' IPO&nbsp;opened for subscription and was lapped up by investors within minutes. Brokerages have given up a big thumbs up for this IPO&nbsp;as it enjoys near monopoly in it's segment.&nbsp;
<a href="https://www.editorji.com/story/paras-defence-ipo-fully-subscribed-within-the-first-hour-of-opening-1632210334684" target="_blank">Paras Defence IPO</a> grey market premium (GMP) today is&nbsp;₹210, which is&nbsp;₹10 higher from its yesterday.&nbsp;Paras Defence and Space Technologies is the 42nd maiden public offer to open in 2021 and the fourth in September. Here are the details-:
<ul>
<li>IPO&nbsp;Dates:&nbsp;September 21 to September 23</li>
<li>Issue Price:&nbsp;Rs 165-175/share</li>
<li>Lot Size:&nbsp;85 shares&nbsp;</li>
<li>Minimum Investment:&nbsp;Rs 14,875</li>
</ul>
About the company:
Navi&nbsp;Mumbai&nbsp;based company designs, develops, manufactures and tests defence and space engineering products and solutions. It is the sole Indian supplier of critical imaging components such as large size optics and diffractive gratings for space applications in India.
Also Watch:&nbsp;<a href="https://www.editorji.com/story/indian-stock-markets-could-surpass-u-k-to-become-the-fifth-largest-in-world-goldman-sachs-1632200140421" target="_blank">Indian stock markets could surpass U.K. to become the fifth largest in world: Goldman Sachs</a>

paras defence ipo

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