{"id":4774,"date":"2021-09-16T17:21:58","date_gmt":"2021-09-16T11:51:58","guid":{"rendered":"https:\/\/flattrade.in\/kosh\/?p=4774"},"modified":"2021-09-20T11:17:16","modified_gmt":"2021-09-20T05:47:16","slug":"paras-defence-and-space-technologies-limited-ipo","status":"publish","type":"post","link":"https:\/\/flattrade.in\/kosh\/paras-defence-and-space-technologies-limited-ipo\/","title":{"rendered":"Paras Defence And Space Technologies Limited IPO"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"4774\" class=\"elementor elementor-4774\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-543d378 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"543d378\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-1ed5a305\" data-id=\"1ed5a305\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2df30e69 elementor-widget elementor-widget-text-editor\" data-id=\"2df30e69\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Paras Defense and Space Technologies Ltd is set to go public through an initial public offering and the company has fixed its price band of Rs 165-175 a share. The IPO subscription will open on September 21, 2021 and end on September 23, 2021.<\/p><p>The issue size of the IPO is Rs 170.78 crore based on the upper band of Rs 175 apiece and the face value of each equity share is Rs 10. There will be a fresh issue of Rs 140.60 crore and an offer for sale of 17,24,490 equity shares aggregating to Rs 30.18 crore. The listing date or the stock market debut is expected to be on October 1, 2021.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-aa6f423 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"aa6f423\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-184f25cc\" data-id=\"184f25cc\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-bf6ed4b elementor-widget elementor-widget-heading\" data-id=\"bf6ed4b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><br>Company Summary<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-51bd1914 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"51bd1914\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-62ccf94b\" data-id=\"62ccf94b\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4ffd085c elementor-widget elementor-widget-text-editor\" data-id=\"4ffd085c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Paras Defence is a Mumbai-headquartered company engaged in designing, developing, manufacturing and testing of a range of defence and space engineering products and provide related solutions. They cater to four major segments of Indian defence sector: defence and space optics, defence electronics, electro-magnetic pulse protection solution and heavy engineering. They are also the sole Indian supplier of critical imaging components such as large size optics and diffractive gratings for space applications in India.<\/p><p>The company&#8217;s clientele are Bharat Electronics Limited (BEL), Hindustan Aeronautics Limited (HAL), Bharat Dynamics Limited (BDL), Hindustan Shipyard Limited (HSL), Electronic Corporation of India Limited (ECIL), Tata Consultancy Services Limited (TCS), Solar Industries India Limited, Alpha Design Technologies Private Limited and Astra-Rafael Comsys Private Limited. Foreign clients include Advanced Mechanical and Optical Systems in Belgium and Tae Young Optics Company Limited and Green Optics in South Korea. The company has a current order book of Rs 3,04.992 crore as of June 30, 2021.<\/p><p>They have two manufacturing facilities located at Ambernath in Thane, Maharashtra and Nerul in Navi Mumbai, Maharashtra. Paras&#8217; R&amp;D activities are mainly undertaken at their centres at Nerul in Navi Mumbai, Maharashtra and Bengaluru, Karnataka. Their Ambernath facility produces heavy engineering products, while Nerul facility is into manufacturing of optics, production of integration of electronics and EMP protection products and solutions.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-20f4d6f3 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"20f4d6f3\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7e052d09\" data-id=\"7e052d09\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7a175a2d elementor-widget elementor-widget-heading\" data-id=\"7a175a2d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><br>Company Strengths<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-503b88a9 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"503b88a9\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-4f5a1c2f\" data-id=\"4f5a1c2f\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6af1f7ae elementor-widget elementor-widget-text-editor\" data-id=\"6af1f7ae\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li>Extensive range of products and solutions for both defence and space applications<\/li><li>Manufacturing expertise in high precision optics for the space and defence industry<\/li><li>Strong R&amp;D capabilities with a focus on innovation<\/li><li>Well positioned to benefit from the Government&#8217;s push to make India a manufacturing hub<\/li><li>Strong relationships with a diverse customer base in India and international markets<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6a4c7a70 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6a4c7a70\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-49eeb0e3\" data-id=\"49eeb0e3\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b6802ac elementor-widget elementor-widget-heading\" data-id=\"b6802ac\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><br>Company Promoters<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-705e16b7 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"705e16b7\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-78e26645\" data-id=\"78e26645\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1c910111 elementor-widget elementor-widget-text-editor\" data-id=\"1c910111\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Sharad Virji Shah and Munjal Sharad Shah are the promoters of the company.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-e9c7f1f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e9c7f1f\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-40a8b47\" data-id=\"40a8b47\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ceb48ec elementor-widget elementor-widget-heading\" data-id=\"ceb48ec\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><br>Financial Summary<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7192bbf elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7192bbf\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-59928a3\" data-id=\"59928a3\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1291398 elementor-widget elementor-widget-image\" data-id=\"1291398\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"789\" height=\"499\" src=\"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2021\/09\/paras-financials-.png\" class=\"attachment-large size-large wp-image-4775\" alt=\"\" srcset=\"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2021\/09\/paras-financials-.png 789w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2021\/09\/paras-financials--300x190.png 300w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2021\/09\/paras-financials--768x486.png 768w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2021\/09\/paras-financials--450x285.png 450w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2021\/09\/paras-financials--780x493.png 780w\" sizes=\"(max-width: 789px) 100vw, 789px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4887d056 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4887d056\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-111550c9\" data-id=\"111550c9\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-27c23571 elementor-widget elementor-widget-heading\" data-id=\"27c23571\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><br>Purpose of the IPO<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-11c51895 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"11c51895\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-24c968d\" data-id=\"24c968d\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1bb11de5 elementor-widget elementor-widget-text-editor\" data-id=\"1bb11de5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The proceeds from the IPO will be used for the following purposes.<\/p><ul><li>Procurement of machinery and equipment. The board of directors have proposed an amount of Rs 34. 657 crore to be funded for capital expenditure from the net proceeds.<\/li><li>To meet the working capital requirements of Rs 60 crore for smooth functioning of the company<\/li><li>Repayment or prepayment of all or a portion of certain borrowings\/outstanding loan facilities amounting to Rs 12 crore<\/li><li>General corporate purposes<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6e545333 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6e545333\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-795c671a\" data-id=\"795c671a\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-979bc21 elementor-widget elementor-widget-heading\" data-id=\"979bc21\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><br>IPO Details<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-21901dc4 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"21901dc4\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5af1ed61\" data-id=\"5af1ed61\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6b4b5eeb elementor-widget elementor-widget-text-editor\" data-id=\"6b4b5eeb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<table style=\"border-collapse: collapse; width: 559px; height: 301px;\" border=\"0\" width=\"331\" cellspacing=\"0\" cellpadding=\"0\"><tbody><tr style=\"height: 15.75pt;\"><td class=\"et2\" style=\"height: 15.75pt; width: 78.00pt;\" width=\"104\" height=\"21\"><strong>IPO Opening Date<\/strong><\/td><td class=\"et3\" style=\"width: 170.25pt;\" width=\"227\">21-09-21<\/td><\/tr><tr style=\"height: 15.75pt;\"><td class=\"et2\" style=\"height: 15.75pt;\" height=\"21\"><strong>IPO Closing Date<\/strong><\/td><td class=\"et3\">23-09-21<\/td><\/tr><tr style=\"height: 15.75pt;\"><td class=\"et2\" style=\"height: 15.75pt;\" height=\"21\"><strong>Issue Type<\/strong><\/td><td class=\"et4\">Book Built Issue IPO<\/td><\/tr><tr style=\"height: 15.75pt;\"><td class=\"et2\" style=\"height: 15.75pt;\" height=\"21\"><strong>Face Value<\/strong><\/td><td class=\"et4\">Rs 10 per equity share<\/td><\/tr><tr style=\"height: 15.75pt;\"><td class=\"et2\" style=\"height: 15.75pt;\" height=\"21\"><strong>IPO Price<\/strong><\/td><td class=\"et4\">Rs 165 to Rs 175 per equity share<\/td><\/tr><tr style=\"height: 15.75pt;\"><td class=\"et2\" style=\"height: 15.75pt;\" height=\"21\"><strong>Market Lot<\/strong><\/td><td class=\"et4\">85 Shares<\/td><\/tr><tr style=\"height: 15.75pt;\"><td class=\"et2\" style=\"height: 15.75pt;\" height=\"21\"><strong>Min Order Quantity<\/strong><\/td><td class=\"et4\">85 Shares<\/td><\/tr><tr style=\"height: 15.75pt;\"><td class=\"et2\" style=\"height: 15.75pt;\" height=\"21\"><strong>Listing At<\/strong><\/td><td class=\"et4\">BSE, NSE<\/td><\/tr><\/tbody><\/table>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1fdc4181 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1fdc4181\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3e534a7d\" data-id=\"3e534a7d\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7e247ced elementor-widget elementor-widget-heading\" data-id=\"7e247ced\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">IPO Lot Size<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-22cf90be elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"22cf90be\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7a0fa68b\" data-id=\"7a0fa68b\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-48ecefa1 elementor-widget elementor-widget-text-editor\" data-id=\"48ecefa1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<table style=\"border-collapse: collapse; width: 409px; height: 76px;\" border=\"0\" width=\"362\" cellspacing=\"0\" cellpadding=\"0\"><tbody><tr style=\"height: 18.00pt;\"><td class=\"et2\" style=\"height: 18.00pt; width: 78.00pt;\" width=\"104\" height=\"24\"><strong>Application<\/strong><\/td><td class=\"et2\" style=\"width: 31.50pt;\" width=\"42\"><strong>Lots<\/strong><\/td><td class=\"et2\" style=\"width: 48.00pt;\" width=\"64\"><strong>Shares<\/strong><\/td><td class=\"et2\" style=\"width: 114.00pt;\" width=\"152\"><strong>Amount (Cut-off)<\/strong><\/td><\/tr><tr style=\"height: 18.00pt;\"><td class=\"et3\" style=\"height: 18.00pt;\" height=\"24\"><strong>Minimum<\/strong><\/td><td class=\"et3\">1<\/td><td class=\"et3\">85<\/td><td class=\"et3\">Rs 14,875<\/td><\/tr><tr style=\"height: 18.00pt;\"><td class=\"et3\" style=\"height: 18.00pt;\" height=\"24\"><strong>Maximum<\/strong><\/td><td class=\"et3\">13<\/td><td class=\"et3\">1105<\/td><td class=\"et3\">Rs 1,93,375<\/td><\/tr><\/tbody><\/table>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5425f957 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5425f957\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-19006911\" data-id=\"19006911\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e8a76bb elementor-widget elementor-widget-text-editor\" data-id=\"e8a76bb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>To read more about earlier IPOs in 2021, <a href=\"https:\/\/flattrade.in\/kosh\/upcoming-ipos-2021\/\"><span style=\"text-decoration: underline;\"><strong>click here<\/strong><\/span><\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-47845e04 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"47845e04\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-333f7ab\" data-id=\"333f7ab\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-80d6eca elementor-align-center elementor-widget elementor-widget-button\" data-id=\"80d6eca\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/ipo.ftconline.in:8084\/IPOWEB\/Index\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Apply for Paras IPO<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"Paras Defense and Space Technologies Ltd is set to go public through an initial public offering and the&hellip;","protected":false},"author":5,"featured_media":4831,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"csco_display_header_overlay":false,"csco_singular_sidebar":"","csco_page_header_type":"","csco_page_load_nextpost":"","csco_post_video_location":[],"csco_post_video_location_hash":"","csco_post_video_url":"","csco_post_video_bg_start_time":0,"csco_post_video_bg_end_time":0,"csco_post_video_bg_volume":false,"footnotes":""},"categories":[15],"tags":[26,161,220,221],"class_list":{"0":"post-4774","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-ipos","8":"tag-nse","9":"tag-ofs","10":"tag-paras-defence","11":"tag-subscription","12":"cs-entry","13":"cs-video-wrap"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Paras Defence And Space Technologies Limited IPO - Flattrade 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