Paras Defence IPO Subscribed 40 Times On Second Day Of Issue

Paras Defence and Space Technologies shares were in very high demand in the ongoing share sale via initial public offering (IPO). Paras Defence and Space Technologies' IPO was subscribed 40 times till 4:48 pm on the second day of the issue. Paras Defence received 28.84 crore bids compared with 71.41 lakh shares on the offer. A total of 18.35 crore bids were received at the cut-off price. Retail investors seen bidding for Paras Defenc...