Paras Defence IPO Subscription Details

Bookbuilding IPO | ₹171 Cr | Listed at BSE, NSE | Tue, Sep 21, 2021 - Thu, Sep 23, 2021

Basis of Allotment - Paras Defence IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)19,51,90229,27,48548,79,38714,63,81734,15,57297,58,776
Allotment price (Rs.)175175175175175175
No.of applications8458910,14330,59,84530,70,077
No.of shares applied34,23,11,23529,27,48534,52,38,7201,40,94,98,56034,42,96,9202,09,90,34,200
Amount collected (Rs.cr.)5,990.45 51.23 6,041.68 24,666.22 6,025.20 36,733.10
No.of times subscribed175.371.0070.75962.89100.80215.09
No.of shares allotted19,51,90229,27,48548,79,38714,63,81734,15,57297,58,776
Amount (Rs.cr.)34.16 51.23 85.39 25.62 59.77 170.78
No.of allottees845891,88040,18342,152

IPO Shares Offered

Paras Defence IPO is a public issue of 0.98 Cr equity shares. The issue offers 0.34 Cr shares to retail investors, 0.49 Cr shares to qualified institutional buyers, and 0.15 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 48,79,38785.39 50.00%
    Anchor 29,27,485 51.23 30.00%
    QIB (Ex Anchor) 19,51,902 34.16 20.00%
NII 14,63,81725.62 15.00%
Retail34,15,57259.77 35.00%
Total97,58,776170.78 100%

Paras Defence IPO Anchor Investor Allocation

A total of 29,27,485 shares at a price of Rs 175 per share will be allotted to the anchor investors.

Anchor investors bid opening dateSep 20, 2021
Anchor investor price₹175.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days14,63,743
No. of shares locked-in for 90 days14,63,743
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 ASHOKA INDIA EQUITY INVESTMENT TRUST PLC ASHOKA 10,00,025 17.50 34.16 10.25
2 ABAKKUS EMERGING OPPORTUNITIES FUND I ABAKKUS 6,65,805 11.65 22.74 6.82
3 SAINT CAPITAL FUND SAINT CAPITAL 2,85,770 5.00 9.76 2.93
4 NIPPON INDIA SMALL CAP FUND NIPPON INDIA MUTUAL FUND 4,87,900 8.54 16.67 5.00
5 HDFC FOCUSED FUND HDFC MUTUAL FUND 4,87,985 8.54 16.67 5.00
29,27,48551.2310030.00

IPO Subscription FAQs

The Paras Defence IPO is subscribed 304.2564 times by Sep 23, 2021 17:00.

Paras Defence IPO Subscription

Investor Category Subscription (times)
Qualified Institutional169.6474
Non Institutional927.702
Retail Individual112.8136
Total Subscription304.2564

Retail category of Paras Defence IPO subscribed 112.8136 times as of date Sep 23, 2021 17:00. The public issue closes on Thu, Sep 23, 2021 for bidding.

An investor can apply in Paras Defence IPO online via bank (using ASBA) or the broker (using UPI). The Paras Defence IPO shares are offered online only.

The Paras Defence IPO is subscribed 304.2564 times by Sep 23, 2021 17:00.

The Paras Defence IPO allotment status is expected on or around Tuesday, September 28, 2021. Visit Paras Defence IPO allotment status to check.

The Paras Defence IPO listing date is October 1, 2021. The equity share of Paras Defence IPO will list on BSE, NSE.

Visit Paras Defence IPO subscription status page for real-time bidding information about Paras Defence IPO.

Paras Defence IPO Timetable

IPO opens OnTuesday, September 21, 2021
IPO Closes OnThursday, September 23, 2021
Finalisation of Basis of AllotmentTuesday, September 28, 2021
Initiation of RefundsWednesday, September 29, 2021
Credit of Shares to Demat AccountThursday, September 30, 2021
IPO Listing DateFriday, October 1, 2021
Open an Instant Account with Zerodha