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How To Examine Allotment Status

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Paras Defence IPO: Paras Defence is involved in defence and area optics, and defence electronicsParas Defence and Area Technologies is likely to announce the allocation status of its initial public offering (IPO) on Tuesday, September 28.

Paras Defence's Rs 170 crore IPO was subscribed 304 times, making it among the most extremely subscribed IPOs in history of capital markets in the country.

Financiers bid for 217 crore shares as versus 71.40 crore shares available.

The portion for certified institutional investors was subscribed 169.65 times, while the non-institutional financier category received a bid for 927.70 times.Paras Defence is involved in defence and space optics, defence electronics, heavy engineering, electromagnetic pulse security services and specific niche innovations.

Its major customers are Bharat Electronic devices, Bharat Dynamics and Hindustan Aeronautics.Anand Rathi Securities is the book running lead manager for the IPO while Link Intime India Private is the registrar to the issue.Here's how to examine allotment status on Link Intime websiteLog into linkintime.co.in/ MIPO/Ipoallotment.

htmlSelect Paras Defence IPO; Go into PAN detailsClick on 'Browse' buttonHere's how to examine allocation status on BSE websiteLog into bseindia.com/investors/appli_check.aspxSelect Paras Defence IPOEnter the Paras Defence IPO application number; Go into PAN card detailsClick on 'I'm not a robotic'Click on the 'Submit' button




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