IPO Alert: Paras Defence & Space Technologies Limited

Incorporated in 2009, the company is one of the leading ‘Indigenously Designed Developed and Manufactured’ (“IDDM”) category Indian private sector companies, engaged in designing, developing, manufacturing and testing of a wide range of defence and space engineering products and solutions.

Bid/Offer Opens OnTuesday, 21-Sep-21
Bid/Offer Closes OnThursday, 23-Sep-21
Price BandRs. 165 - Rs. 175 per equity share
Lot Size85 Shares

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The below table has important dates with respect to the IPO allotment and listing.

Finalization of Basis of Allotment28-Sep-21
Initiation of Refunds29-Sep-21
Credit of Shares to Demat Acct30-Sep-21
IPO Shares Listing Date1-Oct-21
UPI mandate expiry date4-Oct-21

How to Check Allotment Status

In case you have not been allotted or for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before UPI mandate expiry date as mentioned in the above table. Please reach out to your bank in case funds are not unblocked/released post the mandate expiry date.

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