![]() The listing may deliver massive returns to the lucky allottees owing to record-breaking subscription and high fancy, particularly, for this issue,” Abhay Doshi, Founder,, dealing in Pre-IPO & Unlisted Shares, told Financial Express Online. It would be prudent to watch how the company delivers ahead. However, if we dive into financials, the growth seems to be muted. “The colossal response, the IPO got, was mainly due to tiny-sized issue, unique business and government focus on the defence sector. and Spectrum Corporate Services Ltd amalgamated to become Intime Spectrum Registration Ltd, which provided registry services jointly. Paras Defence and Space Technologies got a historic subscription to its public offer. Link Intime India Private Ltd (formerly known as Intime Spectrum Registry Ltd) is a registrar operating in India. The registrar to the issue is Link Intime India Pvt Ltd, a SEBI-registered entity, responsible for the IPO allotment and refund processing. The IPO investors can check the IPO allotment status via BSE and the registrar’s websites. ![]() The equity shares are scheduled to make their stock market debut on 1 October 2021. ![]() While the equity shares will be credited to depository accounts on 30 September 2021. The initiation of refunds or unblocking of funds from ASBA accounts will take place on 29 September 2021. In the grey market on Monday, shares were trading at Rs 410 apiece, a premium of 134 per cent over the issue price, according to the people who deal in unlisted shares of the companies. ![]() In the primary market, Paras Defence shares were quoting at a premium of Rs 235 over the IPO price of Rs 175 at the upper end of the price band. The public issue saw a whooping 304.26 times subscription, the highest in a decade. LINK INTIME INDIA PVT LTD ICAI to set up fast track cell to deal with cases against CAs for incorporating Chinese shell cos The apex bodies of chartered accountants and company secretaries, ICAI and ICSI, have together received around 400 complaints on the issue and necessary actions have been initiated. Paras Defence and Space Technologies IPO share allotment will be finalised on Tuesday, 28 September 2021. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |