September 21, 2021 - September 23, 2021

Paras Defence and Space Technologies IPO Review & Recommendations

Arihant Capital Markets Ltd, Arun Kejriwal, Canara Bank, Choice Equity Broking Pvt Ltd, Hem Securities, Investmentz Ltd, Marwadi Shares and Finance Ltd, InvestorGain.com and Ventura Securities Limited have given "Apply" recommendation to Paras Defence and Space Technologies IPO. Capital Market and Dilip Davda have given "May Apply" recommendation to Paras Defence and Space Technologies IPO. Ashika Research, Axis Capital, Edelweiss Broking Ltd, ICICI Direct, JM Financial Institutional Securities, Reliance Securities, Religare Broking Limited and StockEdge have "Neutral" view about the IPO.

Paras Defence and Space Technologies IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	9	2	8	0	0
%	47.37	10.53	42.11	0.00	0.00

Paras Defence and Space Technologies IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Arihant Capital Markets Ltd	Apply
Arun Kejriwal	Apply
Ashika Research	Neutral
Axis Capital	Neutral
Canara Bank	Apply
Capital Market	May Apply
Choice Equity Broking Pvt Ltd	Apply
Dilip Davda	May Apply
Edelweiss Broking Ltd	Neutral
Hem Securities	Apply
ICICI Direct	Neutral
Investmentz Ltd	Apply
JM Financial Institutional Securities	Neutral
Marwadi Shares and Finance Ltd	Apply
Reliance Securities	Neutral
Religare Broking Limited	Neutral
StockEdge	Neutral
InvestorGain.com	Apply
Ventura Securities Limited	Apply

Paras Defence and Space Technologies IPO Capital Market Rating

The Captial Market (CapitalMarket.com) rating for Paras Defence and Space Technologies IPO is 49. Their analysis recommends May subscribe for the IPO.

Reviewer	Rating Score	Rating
Capital Market	49	May subscribe

Paras Defence and Space Technologies IPO Review by Dilip Davda (May apply)

[Dilip Davda] No doubt, spending on the defence and aerospace segment by the government has been on the rise and this augurs well for this company. However, based on its financial data the issue is fully priced discounting near term prospects. As the overall IPO size is below Rs. 250 cr. its initial listing will take place in T 2 T group limiting speculative movements. Hence cash surplus investors may consider investing in this issue for the long term. Read detail review...

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