Paras Defence And Space Technologies IPO Detail

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Paras Defence And Space Technologies IPO [INITIAL PUBLIC OFFERING] Detail

About Paras Defence And Space Technologies

The company was incorporated as “Paras Flow Form Engineering Limited” under the Companies Act, 1956, at Mumbai, pursuant to a certificate of incorporation dated June 16, 2009, issued by the Registrar of Companies, Maharashtra at Mumbai (“RoC”). The Company received the certificate for commencement of business on July 24, 2009. Subsequently, the name of the Company was changed to “Paras Flowform Engineering Limited” pursuant to a resolution passed by shareholders in an extraordinary general meeting held on September 22, 2009 and a fresh certificate of incorporation, dated September 25, 2009 was issued by the RoC. Further, the name of the Company was changed to “Paras Defence and Space Technologies Limited” pursuant to a resolution passed by Shareholders in an extraordinary general meeting held on December 2, 2015 and a fresh certificate of incorporation, dated January 29, 2016 was issued by the RoC.

One of the leading ‘Indigenously Designed Developed and Manufactured’(“IDDM”) category private sector companies in India, which caters to four major segments of the Indian defence sector i.e. defence and space optics, defence electronics, electro-magnetic pulse (“EMP”) protection solution and heavy engineering. (Source F&S Report).

Five principal categories of product offerings: defence and space optics, defence electronics, EMP protection, heavy
engineering for defence and niche technologies

Registered and Corporate Office: D-112, TTC Industrial Area, MIDC, Nerul, Navi Mumbai 400 706, Maharashtra, India; Tel: +91 22 6919 9999

Contact Person: Ajit Sharma, Company Secretary and Compliance Officer; Tel: +91 22 6919 9999; E-mail: ir@parasdefence.com

Website: www.parasdefence.com; Corporate Identity Number: U29253MH2009PLC193352


Company Promoters

SHARAD VIRJI SHAH AND MUNJAL SHARAD SHAH


Company Financials

Summary of Restated Consolidated Financial Information

For the year/period ended ( ₹ in Million)

Particulars
 31-Mar-2131-Mar-2031-Mar-19
Total Revenue1,446.071,490.511,571.69
Profit After Tax157.86196.57189.70
Total Asset3,627.583,423.863,297.48


Sansera Engineering Ltd. – IPO Details

IPO Details

Issue Open Date21st Sep 2021
Issue Close Date23rd Sep 2021
Issue TypeBook Built
Face Value₹ 10 per equity share
IPO/Issue Price ₹ 165 to ₹ 175 per equity share
Market Lot85 Shares
Min Order Quantity85 Shares
Listing AtBSE, NSE

IPO/ Issue Time Line [Tentative]

21st September 2021

Issue Open Date


Issue Close Date

23rd September 2021
28th September 2021

Basis of Allotment Date

Initiation of Refunds

29th September 2021
30th September 2021

Credit of Shares to Demat Account

IPO Listing Date

1st October 2021

Prospectus


FAQs

When the Paras Defence And Space Technologies IPO will Open?

The  Paras Defence And Space Technologies IPO opens on 21st September 2021.

When the Paras Defence And Space Technologies IPO will close?

The  Paras Defence And Space Technologies IPO close on  23rd September 2021.

IPO Rating

Rating: 4.5 out of 5.

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