Paras Defence IPO - Well Positioned To Benefit From 'Make In India' Initiatives: ICICI Direct

Paras Defence IPO - Well Positioned To Benefit From 'Make In India' Initiatives: ICICI Direct

A Rocket Nozzle Body & Warhead Assembly sits on display at the  booth during the Aero India air show at Air Force Station Yelahanka in Bengaluru. (Photographer: Karen Dias/Bloomberg)

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

ICICI Direct's IPO Report

Paras Defence and Space Technologies Ltd. is engaged in designing, developing and manufacturing a wide range of products and solutions for defence and space applications.

It is one of the leading indigenously designed developed and manufactured category private sector companies in India, which caters to four major segments of the Indian defence sector i.e. defence and space optics, defence electronics, electro-magnetic pulse protection solution and heavy engineering.

Paras Defence is also the sole Indian supplier of critical imaging components such as large size optics and diffractive gratings for space applications in India.

It aims to become one of the leading global players for defence optics for the defence and space sector.

Click on the attachment to read the full IPO report:

ICICI Direct Paras Defence IPO Review.pdf
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