niftify.in

Business Standard

Paras Defence rises as board OKs raising Rs 200 cr via QIP issue

Paras Defence and Space Technologies added 1.27% to Rs 1,284.20 after its board approved raising of funds aggregating up to Rs 200 crore through qualified institutions placement (QIP) through public and/or private offerings of equity shares.

CNBC TV18

Paras Defence, one of the most subscribed Indian IPO, to raise ₹200 crore via QIP

Paras Defence has not shared a timeline as to when will it launch the QIP in case it does launch one to raise funds.

Mint

Paras Defence and Space Technologies hits 5% upper circuit as board to consider fund raising next week

Paras Defence and Space Technologies surged 5% to ₹1293.30 after announcing a board meeting on August 27, 2024, to discuss fundraising and an employee stock option plan. The company also received a 15-year industrial license to manufacture defense products, supporting long-term growth.

The Economic Times

NCR investors shift towards shop-cum-office plots as residential prices soar

In NCR, SCO plots offering 9-10% yields attract investors. Developers like DLF, Emaar, and Paras Buildtech lead, with Haryana's scheme allowing four retail floors. DLF's revenue reached Rs 1,150 crore. Popular with SMEs and startups in Gurgaon. Key sites: Gardencity Central, Central 67, Panchkula. High absorption rates noted on Dwarka Expressway. Low construction costs and price appreciation drive demand.

Business Standard

Ircon International stock zooms 5% on securing order worth Rs 751 cr order

The surge in share price ame after the company announced that Ircon-Paras-PCM joint venture (JV) has been awarded with a letter of award (LoA) for the project worth Rs 751 crore, floated by RVNL

Business Line

Paras Health appoints retired IAS officer UP Singh as independent director

Former IAS Officer UP Singh brings with him over 37 years of expertise in governance, policy formulation and strategic management