Paras Defence and Space Technologies Ltd IPO
Paras Defence and Space Technologies Ltd. has filed the draft papers with SEBI to launch an IPO consisting of Rs 120 crores in new shares and approximately 17,24,490 equities on an offer for sale. The offer may open sometime in this calendar year.
Paras Defence and Space Technologies IPO
Paras Defence and Space Technologies LimitedIPO Date : To be updated
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Paras Defence and Space Technologies Ltd Information
Paras is a critical player in India’s defence and space research segment. They are engaged in designing, developing, manufacturing, and testing various mission-critical defence and space engineering products and solutions.
The forty-year-old company operating in five business verticals, namely Defence & Space Optics, Defence Electronics, Heavy Engineering, Electromagnetic Pulse Protection Solutions and Niche Technologies, has maintained a sustainable growth rate and industry dominance.
- Plays a critical role in the nation’s defence and space research
- Four decades worth of industry experience while maintaining sustainable growth
- A long track record of timely delivering mission-critical projects
- Experienced workforce and ownership of critical technologies
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In case you have not been allotted or for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before UPI mandate expiry date as mentioned in the above table. Please reach out to your bank in case funds are not unblocked/released post the mandate expiry date.
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