Paras Defence IPO: Here’s how to check allotment status

The issue broke all records of subscription. It saw applications for 2,17,26,31,875 shares against the total issue size of 71,40,793 shares. This means the offer was subscribed nearly 304.3 times. Before this, Salasar Techno with subscription of 273.05 times was the most subscribed IPO. Overall, investors have bet over Rs 38,000 crore on this Rs 171 crore issue.

Investors, who had bid for the issue, can check the allotment status on the Bombay Stock Exchange (BSE) website:

1. Visit https://www.bseindia.com/investors/appli_check.aspx
2. Under the issue type, click Equity
3. Under the issue name, select Paras Defence in the dropbox
4. Write the application number
5. Add the PAN card ID
6. Click on ‘I am not a Robot’ and hit submit

You can also check the share allotment status on the online portal of Link Intime India Private Limited (
https://linkintime.co.in/MIPO/Ipoallotment.html), the registrar to the issue. The registrar is a Sebi-registered entity, qualified to act as such and which electronically processes all applications, and carries out the allotment process as per the prospectus.

The registrar is responsible for complying with the timelines for updating the electronic credit of shares to successful applicants, dispatch, and uploading of refunds, and attending to all investor-related queries after the issue is completed.

1. Go to the web portal of Link Intime India Private Limited
2. Select the IPO in dropbox whose name will be populated only if the allotment is finalised
3. You may be required to select either one of the three modes: Application number, Client ID or PAN ID
4. In application type, select between ASBA and non-ASBA
5. Enter the details of the mode you selected in Step 2
6. For security purposes, fill the captcha accurately
7. Hit submit

Paras Defence has five major product category offerings – Defence & Space Optics, Defence Electronics, Heavy Engineering, Electromagnetic Pulse Protection Solutions, and Niche Technologies.

It claims to be the only Indian company with the design capability for space-optics and opto-mechanical assemblies and is one of the leading providers of optics for various Indian defence and space programs.