ListedMainboardPDSTL

Paras Defence and Space Technologies Limited

Paras Defence and Space Technologies Limited is a mainboard IPO raising ₹171 Cr at ₹165 – ₹175 a share. It listed on 1 Oct 2021 and trades at ₹1,430 today, +1534.7% against its issue price of ₹175, after adjusting for its 2:1 stock split. It was subscribed 304× in total.

175
Issue price
1,430
Price now
+1534.7%
Since issue price
1 Oct 2021
Listed on
304×Subscribed (final) · all exchanges

304.3 times more demand than shares on offer

populated partly populated we hold nothing here — the tab says why

How its cohort has done

60 mainboard issues listed in 2021 that we can price today. This is the group this issue belongs to.

+43.9%
Median return since issue price
41.7%
Now trading below their issue price

Neither figure is a forecast for this issue — they describe what happened to comparable issues. Full cohort analytics →

How the book finished

The category split is the number worth reading, not the total.

QIB170×
Non-institutional928×
Retail113×

Non-institutional: 928× their allocation. Retail: 113×.

See the full split, sub-category by sub-category →

What we hold for this issue

Stated up front on every issue, so a sparse page reads as a fact about the source rather than a broken one.

Category split — who bidQIB, non-institutional and retail, with sub-splits
How demand built over timeFinal figure held, but no series — we were not sampling this issue while it was live
Price-point demand curveLive only — NSE stops serving this once bidding closes
Lead managers and registrar1 bank
Official documents4 documents
Listing-day priceNot published for this issue — the exchanges only began carrying it during 2024
Performance since listingComputed from our own daily closes, restated across a 2:1 split

Led by Anand Rathi Advisors Limited — median +68.0% across the 9 of its issues we can price. All lead managers →

What happens when

21 SeptBidding opens
23 SeptBidding closes
28 SeptAllotment
29 SeptRefunds
1 OctListing

Track PARAS DEF AND SPCE TECH L

Results, orders, board decisions and every other filing — summarised and sent to your WhatsApp the minute they are out.

Open the company page

Figures are as published by the exchanges and the issuer’s prospectus. MarketPing publishes facts, comparisons and history only — nothing here is a recommendation to apply to this issue, and we do not publish grey market premium.