INSUBCONTINENT EXCLUSIVE:
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
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
