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