IPO

IPO Synopsis

Paras Defence and Space Technologies Ltd
Registered Office: D-112 TTC Industrial Area MIDC,Nerul , Navi Mumbai - 400706 , Maharashtra , India.
Phone : 91-22-69199999   Fax:
Email :  ir@parasdefence.com  
Website :  www.parasdefence.com
Initial public offering of 9,758,776* equity shares of face value of Rs10 each (ôequity sharesö) of our company for cash at a price of Rs175 per equity share (including a share premium of Rs165 per equity share) (ôoffer priceö) aggregating to Rs170.78 crores ("Offer") comprising of a fresh issue of 8,034,286* equity shares aggregating to Rs140.60 crores by the company ("Fresh Issue") and an offer for sale of 1,724,490* equity shares aggregating to Rs30.18 crores ("Offer for sale"), comprising of 1,250,000* equity shares aggregating to Rs21.88 crores by sharad Virji Shah, 50,000* equity shares aggregating to Rs0.87 crores by Munjal Sharad Shah (Sharad Virji Shah and Munjal Sharad Shah collectively referred to as the "promoter selling shareholders"), 300,000* equity shares aggregating to Rs5.25 crores by Ami Munjal Shah, 62,245* equity shares aggregating to Rs1.09 crores by Shilpa Amit Mahajan and 62,245* equity shares aggregating to Rs1.09 crores by Amit Navin Mahajan (Ami Munjal Shah, Shilpa Amit Mahajan and Amit Navin Mahajan collectively referred to as the "individual selling shareholders" and together with the promoter selling shareholders, referred to as the "selling shareholders", such equity shares the "offered shares"). The face value of equity shares is Rs10 each. The Offer price is 175 for the equity share of the face value of Rs10
Issue Money Payable On
Opens On Closes On Application Allotment
21-Sep-21 23-Sep-21 Rs 175.00-0.00 Rs 0.00-0.00
Minimum Application for shares in Nos :85  Further Multiples of :85
  (Rs Cr) Lead Managers to the Issue
Project Cost 124.45
Anand Rathi Advisors Ltd
Project Financed through Current Offer 170.78
Post Issue Equity Share Capital 39.00
Issue Price Rs 175.00
Projects
Purchase of Machinery and Equipment Repayment or prepayment of all or a portion of certain borrowings/outstanding Loan facilities availed by the company
Funding Incremental Working Capital Requirements of the Company General Corporate Purposes
Promoted By Listing At Registrar to the Issue
  Sharad Virji Shah
  Munjal Sharad Shah
 BSE
 NSE
No Data Found.

FOR GRIEVANCE MAIL TO invgrieviss@iseindia.com

BSE EQUITIES : INB011077733 | NSE F&O EQUITIES : INF231077737 | NSE CASH MARKET : INB231077737 | NSE CURRENCY DERIVATIVES : INE231077737 | MCX-SX : INE261077737

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