Paras Defence IPO - Investment Rationale, Future Growth Strategies: KRChoksey
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KRChoksey's IPO Report
Paras Defence and Space Technologies Ltd. was incorporated in 2009.
It is one of India's leading private sector companies in the 'indigenously designed, developed, and manufactured' category, catering to four major segments of the Indian defence sector, namely defence and space optics, defence electronics, electro-magnetic pulse protection solutions, 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.
Additionally, the company derives most of its revenues from the Government arms and associated entities.
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