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Promoters held 27.25 per cent stake in the company as of 30-Jun-2021, while FII and DII ownership stood at 14.07 per cent and 7.5 per cent, respectively.

The stock quoted a 52-week high price of Rs 119.45 and low of Rs 71.35.

Most of the analysts are also positive on Paras Defence IPO

“ Do not play the real estate theme indirectly through appliances or home improvement or home décor companies. They have their own trajectory and they have their own challenges in terms of rising cost of inputs, supply disruption."

The secured and unsecured NCDs come with a face value of Rs 1,000 each. The issue includes a base issue size for an amount of up to Rs 75 crore with an option to retain oversubscription up to Rs 75 crore aggregating up to Rs 150 crore.

A total of 111,872 shares changed hands on the counter till 01:12PM (IST)

The stock rose 4.32 per cent to hit a high of Rs 414 on BSE.

Barring stablecoins that are pegged to the dollar, all of the top 10 cryptocurrencies traded higher at 900 hours (IST). Polkadot climbed as much as 15 per cent, whereas Solana followed closely with over 14 per cent gain.

“We are now going to do a due diligence study within the stipulated time and then we will have to go back to the shareholders with our findings and the shareholders will have to approve it if they think it is a good deal for them.”

In the spot market, highest purity gold was sold at Rs 46,826 while silver was priced at Rs 60,788 on Friday, according to the Indian Bullion and Jewellers Association.