Paras Defence IPO subscribed 16.57 times

Tribune News Service

Updated At : 01:31 PM Sep 22, 2021 IST

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New Delhi, September 21

The IPO of Paras Defence and Space Technologies Limited was fully subscribed within hours of opening on the first day on Tuesday and settled with 16.57 times subscription helped by huge interest from retail investors.

Retail Individual Investors (RIIs) category received 31.36 times subscription and non-institutional investors 3.77 times, while Qualified Institutional Buyers (QIBs) portion 1%, as per NSE data. — PTI

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