Paras Defence And Space Technologies Limited IPO

 Paras Defence & Space Technologies Ltd IPO

₹170.78 Cr Paras Defence and Space Technologies Ltd IPO opens from 21st September, 2021, at price band of ₹165 to ₹175 per equity share.

Issue will close on 23rd September, 2021.

Paras Defence and Space Technologies Ltd IPO's market lot size is of 85 shares. A retail-individual investor can apply for up to 13 lots (total 1105 shares at ₹193,375).

Paras Defence And Space Tech Ltd IPO Details

Paras Defence & Space Tech IPO Calendar

Paras Defence and Space Technologies are primarily in the designing, developing, manufacturing, and testing of a variety of defence and space engineering products and solutions. The company has five major product category offerings - Defence & Space Optics, Defence Electronics, Heavy Engineering, Electromagnetic Pulse Protection Solutions, and Niche Technologies. Paras Defence and Space Technologies is the only Indian company with the design capability for space-optics and opto-mechanical assemblies and is one of the leading providers of optics for various Indian defence and space programs. The company also delivers customized turnkey projects in the defence segment. The company has partnered with some of the leading technology companies around the world to indigenize advanced technologies in the defence and space sectors for the Indian market.

The company has 2 manufacturing plants in Maharashtra and is in the process of expanding its current manufacturing facility at Nerul in Navi Mumbai.

With over 40+ years of sustained business growth in the area of Defence & Space Engineering, the firm is involved in Technologies for Rocket & Missiles, Space & Space Research, Naval Systems, Land & Armoured Vehicles, Electronic Warfare & Surveillance, ElectroMagnetic Shielding.