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 Rs. 10 each (ôequity sharesö) of our company for cash at a price of Rs. 175 per equity share (including a share premium of Rs. 165 per equity share) (ôoffer priceö) aggregating to Rs. 170.78 crores ("Offer") comprising of a fresh issue of 8,034,286* equity shares aggregating to Rs. 140.60 crores by the company ("Fresh Issue") and an offer for sale of 1,724,490* equity shares aggregating to Rs. 30.18 crores ("Offer for sale"), comprising of 1,250,000* equity shares aggregating to Rs. 21.88 crores by sharad Virji Shah, 50,000* equity shares aggregating to Rs. 0.87 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 Rs. 5.25 crores by Ami Munjal Shah, 62,245* equity shares aggregating to Rs. 1.09 crores by Shilpa Amit Mahajan and 62,245* equity shares aggregating to Rs. 1.09 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 Rs. 10 each. The Offer price is 175 for the equity share of the face value of Rs. 10 Issue Opens On Closes On 21-Sep-21 23-Sep-21 Money Payable On Application Allotment 175.00 0.00 Minimum Application for shares in Nos : 85 Further Multiples of : 85 Cr Lead Managers to the Issue Project Cost (.Cr) 124.45 Anand Rathi Advisors Ltd Project Financed through Current Offer (.Cr) 170.78   Post Issue Equity Share Capital (.Cr) 39.00 Issue Price () 175.00

Projects

Purchase of Machinery and Equipment Funding Incremental Working Capital Requirements of the Company Repayment or prepayment of all or a portion of certain borrowings/outstanding Loan facilities availed by the company General Corporate Purposes

Promoted By

Sharad Virji Shah

Munjal Sharad Shah

Listing At

BSE

NSE

Registrar to the Issue

No Data Available