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Paras Defence IPO - Investment Rationale, Future Growth Strategies: KRChoksey

Paras Defence & Space Technologies IPO - Investment Rationale, Future Growth Strategies: KRChoksey

Surface-to-air missiles on display at the DefExpo 20 in Lucknow, Uttar Pradesh. (Photographer T. Narayan/Bloomberg)
Surface-to-air missiles on display at the DefExpo 20 in Lucknow, Uttar Pradesh. (Photographer T. Narayan/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.

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.

Click on the attachment to read the full IPO report:

KRChoksey Paras Defence and Space technologies IPO Note.pdf

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