31 Mar 2019
Assets329.75
Total Income157.17
EBITDA42.83
Profit After Tax18.97
NET Worth119.08
Reserves and Surplus146.68
Total Borrowing84.95
At a glance
Updated 2026-08-23The shares listed at ₹475.00, a 171.43% move from the issue price. Paras Defence is a Mainboard IPO with an issue size of ₹170.78 crore, proposed for listing on BSE, NSE. The offer opens on 21st Sep 2021 and closes on 23rd Sep 2021. The issue structure includes a fresh issue of ₹140.60 crore and an offer-for-sale component of ₹30.18 crore. The current listing schedule points to 1st Oct 2021.
Issue details
Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹170.78 Cr
Fresh issue₹140.60 Cr
Offer for sale₹30.18 Cr
Face value₹10
Price band₹165.00–₹175.00
Allotment28th Sep 2021
Listing1st Oct 2021
Listing performance
Full performance ↗Issue price₹175.00
Listing price₹475.00
Current price—
Listing gain171.43%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹220.00
GMP / upper price125.71%
Est. listing₹395.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens21st Sep 2021
Closes23rd Sep 2021
Allotment28th Sep 2021
Refund29th Sep 2021
Demat30th Sep 2021
Listing1st Oct 2021
Subscription demand
Full bidding ↗Total304.26×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 85 | ₹14,875 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Purchase of machinery and equipment | ₹34.66 Cr |
| Funding incremental working capital requirements of our Company | ₹60.00 Cr |
| Repayment or prepayment of all or a portion of certain borrowings/outstanding loan facilities availedby our Company | ₹12.00 Cr |
| General corporate purposes | ₹17.79 Cr |
Financials
Full financials ↗31 Mar 2020
Assets342.39
Total Income149.05
EBITDA39.27
Profit After Tax19.66
NET Worth138.74
Reserves and Surplus144.21
Total Borrowing103.40
31 Mar 2021
Assets362.76
Total Income144.61
EBITDA43.40
Profit After Tax15.79
NET Worth172.44
Reserves and Surplus176.84
Total Borrowing106.10
Trend chart₹ crore
KPIs
| KPI | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | BRLMfees and commissions (including underwriting commission, brokerage and selling commission) | 3.84 |
| 2 | Selling commission/ processing fee for SCSBs and Banker tothe Offer and fees payable to the Sponsor Bank for Bids made by RIBs using UPI | 0.26 |
| 3 | Brokerage and selling commission and bidding charges for Members of the Syndicate (including their sub-syndicate members), Registered Brokers, RTAs and CDPs | 7.82 |
| 4 | Fees payable to Registrar to the Offer | 0.02 |
| 5 | Other advisors to the Offer | 0.98 |
| 6 | Fees payable to regulators, listing fees, SEBI filing fees, book-building software fees, upload fees, BSE and NSE processing fees and other regulatory expenses | 2.05 |
| 7 | Printing and stationery | 1.04 |
| 8 | Fee payable to legal counsels | 1.74 |
| 9 | Advertising and marketing | 1.52 |
| 10 | Miscellaneous | 0.21 |
Issue expenses
| Expense | Amount |
|---|---|
| BRLMfees and commissions (including underwriting commission, brokerage and selling commission) | ₹3.84 Cr |
| Selling commission/ processing fee for SCSBs and Banker tothe Offer and fees payable to the Sponsor Bank for Bids made by RIBs using UPI | ₹0.26 Cr |
| Brokerage and selling commission and bidding charges for Members of the Syndicate (including their sub-syndicate members), Registered Brokers, RTAs and CDPs | ₹7.82 Cr |
| Fees payable to Registrar to the Offer | ₹0.02 Cr |
| Other advisors to the Offer | ₹0.98 Cr |
| Fees payable to regulators, listing fees, SEBI filing fees, book-building software fees, upload fees, BSE and NSE processing fees and other regulatory expenses | ₹2.05 Cr |
| Printing and stationery | ₹1.04 Cr |
| Fee payable to legal counsels | ₹1.74 Cr |
| Advertising and marketing | ₹1.52 Cr |
| Miscellaneous | ₹0.21 Cr |
Registrar & lead managers
Registrar
MUFG Intime India Pvt.Ltd.Lead managers
- Anand Rathi Advisors Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-23.