Paras Defence & Space IPO GMP – Check Latest IPO Grey Market Premium
Last Updated Date: Nov 17, 2022Paras Defence and Space Technologies are about to release its IPO on September 21, 2021. The issue is closing on September 23, 2021, and is currently having an active grey market. The Paras Defence & Space IPO GMP is running at a stable rate as per the current situation.
In IPO, the GMP or the Grey Market Premium is the premium amount at which the IPO shares are traded before getting listed in the stock market.
However, the QIB and the HNI numbers are the key indicators of GMP in the case of Paras Defence and Space Technologies IPO. The company is intended to raise Rs 1,707.80 million by the released issue.
Paras Defence and Space Technologies IPO GMP Rates, Kotak rates & SS
This particular table represents everything related to the IPO event from its opening and closing date along with the face value of the issue. You can check this table related to know the IPO size, price band along with listing details and more.
| Date | GMP (in INR) | Kostak (in INR) | Subject to Sauda (in INR) |
| 01 October 2021 | Rs 220 | Rs – | Rs – |
| 30 September 2021 | Rs 235 | Rs 250 | Rs 15000 |
| 29 September 2021 | Rs 230 | Rs 250 | Rs 15000 |
| 28 September 2021 | Rs 250 | Rs 250 | Rs 16000 |
| 27 September 2021 | Rs 245 | Rs 250 | Rs 16000 |
| 26 September 2021 | Rs 230 | Rs 250 | Rs 16000 |
| 25 September 2021 | Rs 230 | Rs 250 | Rs 16000 |
| 24 September 2021 | Rs 230 | Rs 250 | Rs 16000 |
| 23 September 2021 | Rs 220 | Rs 250 | Rs 15000 |
| 22 September 2021 | Rs 230 | Rs 250 | Rs 15000 |
| 21 September 2021 | Rs 190 | Rs 250 | Rs 10000 |
| 20 September 2021 | Rs 210 | Rs 250 | Rs 10000 |
| 19 September 2021 | Rs 220 | Rs 250 | Rs 10000 |
| 18 September 2021 | Rs 220 | Rs 250 | Rs 10000 |
| 17 September 2021 | Rs 220 | Rs 250 | Rs 10000 |
| 16 September 2021 | Rs 160 | Rs 250 | Rs 6000 |
| 15 September 2021 | Rs – | Rs – | Rs 3000 |
| 14 September 2021 | Rs – | Rs – | Rs – |
| 13 September 2021 | Rs – | Rs – | Rs – |
| 12 September 2021 | Rs – | Rs – | Rs – |
| 11 September 2021 | Rs – | Rs – | Rs – |
Check out Related IPO Links:
| Review Paras Defence & Space IPO |
| Paras Defence & Space IPO Allotment |
| LIVE Subscription – Paras Defence & Space IPO |
| Paras Defence & Space Share Price |
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Paras Defence & Space IPO Date / Timetable
Here, you will find the important dates and events of this IPO. Check the allotment status, visit us again once the subscription date is over.
| IPO Open Date | Sep 21, 2021 |
| IPO Close Date | Sep 21, 2021 |
| Basis of Allotment Date | Sep 28, 2021 |
| Initiation of Refunds | Sep 29, 2021 |
| Credit of Shares to Demat Account | Sep 30, 2021 |
| IPO Listing Date | Oct 1, 2021 |
Paras Defence & Space IPO – Financial Performance
The below given table will give you the overall idea of the company’s financial performance. Check their net profit and loss statement about Paras Defence and Space Technologies IPO.
| Amount (in INR & million) | |||
| 31-Mar-21 | 31-Mar-20 | Mar-19 | |
| Total Assets | 3,627.58 | 3,423.86 | 3,297.48 |
| *Total Revenue | 1,446.07 | 1,490.51 | 1,571.69 |
| Total Expense | 1,446.07 | 1,272.59 | 1,303.58 |
| Profit After Tax | 157.86 | 196.57 | 189.70 |
Earnings per Equity Share (in million)
| 31-Mar-21 | 31-Mar-20 | Mar-19 | |
| Basic & Diluted | 5.55 | 6 .92 | 6.75 |
FAQs Related to Paras Defence & Space IPO GMP
Ques – What is the current Paras Defence and Space Technologies IPO GMP Price?
Answer – As on today, the Paras Defence and Space Technologies IPO GMP is Rs 220.
Ques – What is the current Paras Defence and Space Technologies IPO Kostak Rate?
Answer – The Kostak rate is Rs 0 for Paras Defence and Space Technologies IPO.
Ques – What is today’s Paras Defence and Space Technologies IPO Subject to Sauda Rate?
Answer – As on today, the Paras Defence and Space Technologies IPO Subject to Sauda is Rs 0.
Ques – Where to Check Paras Defence and Space Technologies IPO Allotment & Listing?
Answer – However, if you don’t want to miss out on the issue’s allotment status and the listing, you can refer to this LINK given here: IPO Allotment Status
Ques – What is Kostak Price?
Answer – To apply for an IPO, there is an application price or application charges that come along and is known as Kostak price. It is actually the premium amount at which IPO applications are being traded for in the grey market.
Ques – Is GREY market buy or sell shares illegal?
Answer – Grey Market is basically a trading that takes place before the stock of a company gets enlisted on the stock exchange. It takes place before the IPO release and the prices may change any time. Hence, it is an unofficial trading and hence, not “illegal”.
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Disclaimer:
The Paras Defence and Space Technologies IPO GMP which is mentioned in the table here is only valid for specific date as mentioned in the header section. The Kostak is the premium that one gets by selling her/his IPO application to someone else before listing of the issue. He or she can sell it in an off-market transaction. However, we aren’t buying/selling IPO forms on IPO Grey market.
It is also requested that please do not subscribe for any IPO by just seeing the premium price. The reason being, the premium price varies and can change anytime before listing. Please subscribe only after considering the Fundamental of the companies.