In a development that demonstrates the increasing importance of defence technology in India, Paras Defence & Space Technology came out with an IPO which had opened for subscription on Sept 21, 2021, and closed on Sept 23, 2021. During this phase, the IPO was subscribed 304 times. In the retail segment, it was subscribed 112 times. Paras shares have listed on Oct 1, 2021. What should the old and new investors do now?
After analysing the surya kundli of Paras Defence IPO, we can say new investors may get a chance. Presently, one should not take entry because Saturn is ruling, so you are advised to move ahead with a lot of patience. Besides, Moon and Saturn are facing each other, which indicates that if you for long-term investment (a period of at least five years), then you may make good gains.
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