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Paras Defence and Space Technologies Ltd

Fri 22/08/2025,15:59:25 | NSE : PARAS

₹ 683.854.70 (0.69%)

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Market Data

Essential tool: analyze, trade, manage, decide.

Open

₹ 682.05

Previous Close

₹ 679.15

Volume

975943

Mkt Cap ( Rs. Cr)

₹5510.96

High

₹ 709.45

Low

₹ 674.60

52 Week High

₹ 972.50

52 Week Low

₹ 404.70

Book Value Per Share

₹ 79.41

Dividend Yield

0.07

Face Value

₹ 5.00

What’s Your Call?

Collective community sentiment on Paras Defence and Space Technologies Ltd

Your Vote -

Buy

47.98%

Hold

12.43%

Sell

39.58%

47.98%

2976 users have voted

Market Depth

How many stocks are available to buy or sell and at what prices.

Buy Order Quantity

0%

Sell Order Quantity

100%

Bid Price

Qty

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Bid Total

0

Bid Price

Qty

683.85

12

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Bid Total

12

Option Chain

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News

Media spotlight triggers stock stock attention, sentiment.

  • Paras Defence - Shareholders meeting

    21 Aug 2025, 8:00PM Paras Defence And Space Technologies Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on August 21, 2025.
  • Paras Defence - Shareholder Meeting / Postal Ballot-Scrutinizer's Report

    21 Aug 2025, 7:59PM Disclosure of Voting Results along with Scrutinizers' Report dated August 21, 2025, on remote e-voting and e-voting at the AGM.
  • Paras Defence - Shareholders meeting

    21 Aug 2025, 7:57PM Paras Defence And Space Technologies Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on August 21, 2025
  • Paras Defence - Shareholder Meeting / Postal Ballot-Outcome of AGM

    21 Aug 2025, 7:51PM Proceedings of the 16th Annual General Meeting of Paras held on August 21, 2025 through Video Conferencing/ Other Audio-Visual Means.
  • Paras Defence - Bagging/Receiving of orders/contracts

    21 Aug 2025, 2:45PM Paras Defence And Space Technologies Limited has informed the Exchange about Receiving of orders from Bharat Electronics Limited (""BEL"") amounting
  • Paras Defence - Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order

    21 Aug 2025, 2:32PM We are pleased to inform you that Paras Defence and Space Technologies Limited (\PARAS\) has received an order from Bharat Electronics Limited (\BEL\)
  • Paras Defence - General Updates

    20 Aug 2025, 2:50PM Paras Defence And Space Technologies Limited has informed the Exchange that the management of Paras will be meeting Analysts / Institutional Investors
  • Paras Defence - Shareholder Meeting / Postal Ballot-Scrutinizer's Report

    21 Aug 2025, 7:59PM Disclosure of Voting Results along with Scrutinizers' Report dated August 21, 2025, on remote e-voting and e-voting at the AGM.
  • Paras Defence - Shareholder Meeting / Postal Ballot-Scrutinizer's Report

    21 Aug 2025, 7:59PM Disclosure of Voting Results along with Scrutinizers' Report dated August 21, 2025, on remote e-voting and e-voting at the AGM.
  • Paras Defence - Announcement Under Regulation 30 (LODR)

    20 Aug 2025, 3:04PM Paras Defence And Space Technologies Limited has informed the Exchange that the management of Paras will be meeting Analysts / Institutional Investors
  • Paras Defence - Analysts/Institutional Investor Meet/Con. Call Updates

    7 Aug 2025, 3:40PM Paras Defence And Space Technologies Limited has informed the Exchange that they will be meeting Analysts / Institutional Investors at the 'Emkay Conf
  • Paras Defence - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    7 Aug 2025, 3:47PM We would like to inform you that Paras will be meeting Analysts / Institutional Investors at the 'Emkay Confluence 2025 - India Ascending: The Next Le
  • Paras Defence - General Updates

    6 Aug 2025, 4:25PM Paras Defence And Space Technologies Limited has informed the Exchange about Signing of Teaming Agreement with High Performance Space Structure System
  • Paras Defence - Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 -

    6 Aug 2025, 4:23PM We are pleased to inform that PARAS has signed a Teaming Agreement with High Performance Space Structure Systems GmBH, Germany.
  • Paras Defence - Copy of Newspaper Publication

    31 Jul 2025, 12:45PM Paras Defence And Space Technologies Limited has informed the Exchange about Copy of Newspaper Publication
  • Paras Defence - Shareholders meeting

    31 Jul 2025, 12:03AM Paras Defence And Space Technologies Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on August 21, 2025
  • Paras Defence - Business Responsibility and Sustainability Reporting (BRSR)

    31 Jul 2025, 12:22AM Business Responsibility and Sustainability Report for the Financial Year 2024-25
  • Paras Defence - Notice Of 16Th Annual General Meeting Of Paras Defence And Space Technologies Limited And Annual Report For T

    31 Jul 2025, 12:19AM Notice of 16Th Annual General Meeting of Paras Defence and Space Technologies Limited and Annual Report for the Financial Year 2024-25
  • Paras Defence - Reg. 34 (1) Annual Report.

    31 Jul 2025, 12:14AM Annual Report for the Financial Year 2024-25 of Paras Defence and Space Technologies Limited ('the Company') along with the Notice of 16th Annual Gene
  • Paras Defence has declared 5% Final dividend for the financial year March 2025

    29 Jul 2025, 8:53PM Paras Defence and Space Technologies Ltd. on Wednesday, 30 April 2025, has announced Final dividend of 5 percent on Equity Share, to its shareholders
  • Paras Defence - Copy of Newspaper Publication

    26 Jul 2025, 12:03PM Paras Defence And Space Technologies Limited has informed the Exchange about Copy of Newspaper Publication
  • Paras Defence - Announcement under Regulation 30 (LODR)-Monitoring Agency Report

    25 Jul 2025, 4:31PM Monitoring Agency Report for the quarter ended June 30, 2025
  • Paras Defence - Monitoring Agency Report

    25 Jul 2025, 4:29PM Monitoring Agency Report for the quarter ended June 30, 2025
  • Paras Defence - Updates

    25 Jul 2025, 3:12PM Paras Defence And Space Technologies Limited has informed the Exchange regarding 'Intimation of 16th Annual General Meeting to be held on August 21, 2
  • Paras Defence - Intimation Of 16Th Annual General Meeting (AGM) And Book Closure

    25 Jul 2025, 3:08PM Intimation of 16th Annual General Meeting (AGM) to be held on Thursday, August 21, 2025, 12.30 pm and Book Closure from August 15, 2025 to August 21,
  • Paras Defence - Record Date

    25 Jul 2025, 2:55PM Paras Defence And Space Technologies Limited has informed the Exchange that Record date for the purpose of final Dividend for FY 2024-25 is 08-Aug-202
  • Paras Defence - Intimation Of Record Date For Payment Of Final Dividend On Equity Shares For Financial Year 2024-25.

    25 Jul 2025, 2:54PM Intimation for Record Date (August 8, 2025) for payment of Final Dividend on equity shares for financial year 2024-25
  • Paras Defence Q1 net profit down 2.77% at Rs 15.43 cr

    25 Jul 2025, 2:50PM The company reported standalone net profit of Rs 15.43 crore for the quarter ended June 30, 2025 as compared to Rs 15.87 crore in the same period last
  • Paras Defence - Standalone And Consolidated Unaudited Financial Results For The Quarter Ended June 30, 2025

    25 Jul 2025, 2:30PM Standalone and Consolidated Unaudited Financial Results for the Quarter Ended June 30, 2025
  • Paras Defence - Updates

    25 Jul 2025, 2:25PM Paras Defence And Space Technologies Limited has informed the Exchange regarding 'Board Meeting Outcome for Standalone And Consolidated Unaudited Fina
  • Paras Defence - Board Meeting Outcome for Standalone And Consolidated Unaudited Financial Results For The Quarter Ended June

    25 Jul 2025, 2:15PM Board Meeting Outcome for Standalone And Consolidated Unaudited Financial Results For The Quarter Ended June 30, 2025, fixing of Record Date for Divid
  • Paras Defence - Outcome of Board Meeting

    25 Jul 2025, 2:07PM Paras Defence And Space Technologies Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2025.
  • Paras Defence - Board Meeting Intimation for Approval Of Unaudited Financial Results For The Quarter Ended June 30, 2025

    21 Jul 2025, 11:08AM Paras Defence And Space Technologies Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 25/07/2025 ,inter a
  • Paras Defence has submitted to BSE the Shareholding Pattern for the Period Ended June 30, 2025

    19 Jul 2025, 6:00PM As of June 2025, 53.74% is owned by Indian Promoters and 46.26% by Public. <p align=justify> Institutional holds 8.79% (Insurance Companies 0.17%) and
  • Paras Defence - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

    11 Jul 2025, 5:05PM Certificate under SEBI(Depositories and Participants) Regulations, 2018
  • Paras Defence - Certificate under SEBI (Depositories and Participants) Regulations, 2018

    11 Jul 2025, 4:59PM Paras Defence And Space Technologies Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
  • Paras Defence - Analysts/Institutional Investor Meet/Con. Call Updates

    9 Jul 2025, 11:53AM Paras Defence And Space Technologies Limited has informed the Exchange that they will be meeting Al Dhabi Capital, UAE on Monday, July 14, 2025, throu
  • Paras Defence - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    9 Jul 2025, 11:47AM We would like to inform you that Paras will be meeting Al Dhabi Capital, UAE, through Video Conferencing on Monday, July 14, 2025.
  • Paras Defence - Press Release

    1 Jul 2025, 6:54PM Paras Defence And Space Technologies Limited has informed the Exchange regarding a press release dated July 01, 2025, titled ""Paras Defence to Supply
  • Paras Defence - Announcement under Regulation 30 (LODR)-Press Release / Media Release

    1 Jul 2025, 6:53PM Intimation under Regulation 30 SEBI (LODR), 2015 - Press Release titled \Paras Defence to Supply High-End Counter UAS Technology to France's CERBAIR\.
  • Paras Defence - Updates

    1 Jul 2025, 6:33PM Paras Defence And Space Technologies Limited has informed the Exchange regarding 'Disclosures under Regulation 7(2) of SEBI (Prohibition of Insider Tr
  • Paras Defence - Disclosure Under Regulation 7(2) Of SEBI (Prohibition Of Insider Trading) Regulations, 2015

    1 Jul 2025, 6:27PM Disclosure under Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015
  • Paras Defence - General Updates

    1 Jul 2025, 2:56PM Paras Defence And Space Technologies Limited has informed the Exchange about Receipt of Letter of Intent from Cerbair, France (French leader in anti-d
  • Paras Defence - Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements), Regulations, 2015 -

    1 Jul 2025, 2:44PM Receipt of Letter of Intent from Cerbair, France (French leader in anti-drone solutions) with a requirement to purchase 30 units of CHIMERA 200, value
  • Paras Defence - Disclosure under SEBI Takeover Regulations

    25 Jun 2025, 7:57PM Paras Defence And Space Technologies Limitedÿhas Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange
  • Paras Defence - Trading Window-XBRL

    24 Jun 2025, 5:27PM PARAS DEFENCE AND SPACE TECHNOLOGIES LIMITED has informed the Exchange about Closure of Trading Window
  • Paras Defence - Trading Window

    24 Jun 2025, 5:20PM Paras Defence And Space Technologies Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider T
  • Paras Defence - General Updates

    16 Jun 2025, 3:48PM We are pleased to inform that ICRA Limited, Credit Rating Agency, has reaffirmed the ratings for the long-term and short-term facilities of Paras Defe
  • Paras Defence - Announcement Under Regulation 30 (LODR)- Updates

    16 Jun 2025, 3:38PM We are pleased to inform that ICRA Limited, Credit Rating Agency, has reaffirmed the ratings for the long- term and short- term facilities of Paras De
  • Paras Defence - Record Date

    10 Jun 2025, 12:21PM Paras Defence And Space Technologies Limited has informed the Exchange that Record date for the purpose of Split/Subdivision is Friday, 04-Jul-2025.
  • Paras Defence - Pursuant To Regulation 42 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 - Recor

    10 Jun 2025, 12:20PM The Company has fixed Friday, July 04, 2025 as the \Record Date\ for the purpose of determining the eligibility of Shareholders for sub-division/split
  • Paras Defence - Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of Association

    9 Jun 2025, 2:12PM Alteration of Capital Clause of the Memorandum of Association of the Company.
  • Paras Defence - Amendment to AOA/MOA

    9 Jun 2025, 2:12PM Paras Defence And Space Technologies Limited has informed the Exchange regarding the Amendment to AOA/MOA of the company.
  • Paras Defence - Shareholders meeting

    9 Jun 2025, 1:51PM Paras Defence And Space Technologies Limited has submitted the Exchange a copy of the Scrutinizer's report of Postal Ballot. Further, the Company has
  • Paras Defence - Shareholder Meeting / Postal Ballot-Scrutinizer\s Report

    9 Jun 2025, 1:58PM Scrutinizer's Report for the Postal Ballot for approving:\r\n1. Sub-division/Split of existing 1 (one) equity share of face value of Rs. 10/- each fu
  • Paras Defence - Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot

    9 Jun 2025, 1:40PM The shareholders, vide Postal Ballot, have approved: \r\n1. Sub-division/Split of Existing 1 (one) Equity Share of face value of Rs. 10/- each fully p
  • Paras Defence - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    30 May 2025, 6:30PM The management of Paras will be meeting Analysts/Institutional Investors at the 4th Antique's Aerospace & Defence Conference, organized by Antique Sto
  • Paras Defence - Analysts/Institutional Investor Meet/Con. Call Updates

    30 May 2025, 6:30PM Paras Defence And Space Technologies Limited has informed that the management will be meeting Analysts/Institutional Investors at the 4th Antique's Ae
  • Paras Defence - General Updates

    29 May 2025, 6:21PM Paras Defence And Space Technologies Limited has informed the Exchange that the Management of Paras Defence will be meeting Analysts/Institutional Inv
  • Paras Defence - Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements), Regulations, 2015 -

    29 May 2025, 6:17PM The Management of Paras Defence will be meeting Analysts/Institutional Investors at Hyderabad.
  • Paras Defence has submitted to BSE the Shareholding Pattern for the Period Ended May 19, 2025

    27 May 2025, 4:13PM As of May 2025, 53.74% is owned by Indian Promoters and 46.26% by Public. <p align=justify> Institutional holds 9.44% (Insurance Companies 0.17%) and
  • Paras Defence bags order from BEL

    21 Aug 2025 , 3:09PM Paras Defence bags order worth Rs.45 cr from BEL for supply of processing & multi-sensor fusion system
  • Paras Defence and Space Technologies Ltd

    17 Jun 2025 , 12:15PM Paras Defence: Company’s long term and short term facilities ratings have been reaffirmed by ICRA. The outlook changed from Stable to Positive
  • Paras Defence and Space Technologies

    6 May 2025 , 8:55AM Paras Defence and Space Technologies signed a Memorandum of Understanding (MoU) with Israel-based HevenDrones Ltd to explore opportunities in the defence and civil drone markets. As part of the agreement, both companies intend to establish a Joint Venture (JV) in India aimed at developing and manufacturing logistics and cargo drones and intent to create new opportunities and expand both parties' business in the Indian and Global Defence sector. Positive
  • Paras Defence board to mull stock split proposal on April 30

    25 Apr 2025 , 12:27PM Sub-Division / Split of Existing Equity Shares, Consider and Recommend Payment of Dividend.
  • Paras Defence and Space Technologies Ltd

    4 Apr 2025 , 9:39AM Paras Defence: signs MoU with Israel's MicroCon Vision for advanced drone camera technology. Under this agreement, Paras Defence will become the exclusive supplier of advanced drone camera technology in India, offering these systems at significantly lower costs. Company will offer two models, whose usual import price is around Rs 20 lakh and Rs 40 lakh per unit. Paras Defence anticipates a 50-60% price reduction for each model, making advanced surveillance technology more accessible to Indian defence forces and for commercial applications. Positive
  • Paras Defence signs MoU with Israel-based MicroCon

    2 Apr 2025 , 10:28AM Paras Defence signs MoU with Israel-based MicroCon for exclusive partnership to work on micro ISR payloads
  • Paras Defence to Divest stake held in its arm Ayatti Innovative

    28 Mar 2025 , 3:08PM Paras defence to divest 58.02% stake (15.20 lk shares) held in its arm Ayatti Innovative
  • Paras Defence bags order worth Rs. 142 cr from DRDO

    20 Mar 2025 , 10:16AM Paras Defence gets an order from Center for High Energy Systems & Sciences
  • Paras Defence and Space Technologies

    23 Jan 2025 , 9:33AM Signed a Memorandum of Understanding (MoU) with the Government of Maharashtra, for the proposed Optics Park Project in Navi Mumbai. The proposed Optics Park will involve an investment of approximately ₹12,000 crore over 10 years, contingent upon land allocation and requisite subsidies from the state government. The project is expected to generate 2,000 direct employment opportunities and establish India’s first dedicated technology hub for optics and optical technologies. Positive
  • Paras Defence gets license to manufacture Light Machine Guns

    7 Jan 2025 , 10:18AM The license has been grant to Paras Defence under the Arms Act, 1959.
  • Paras Defence associate company bags order from L&T

    30 Sep 2024 , 12:15PM Paras Defence associate company bags order worth Rs. 305 cr from L&T for electro-optics system
  • Paras Defence and Space Technologies

    16 Aug 2024 , 11:34AM The company received Rs 305 crore order from L&T for the electro-optics system. Positive
  • Paras Defence bags contract worth Rs. 53 cr from DRDO

    16 Jun 2023 , 10:05AM Paras Defence wins contract for Realization of Optronic Periscopes for ICS
  • Paras Defence and Space Technologies

    12 Apr 2023 , 10:48AM Paras Defence and Space Technologies’ subsidiary - Anti-drone Technologies Private Limited has entered into ‘Memorandum of Understanding’ (MoU) with Spacekawa Explorations Private Limited (Kawa Space) for indigenous developments and deployment of space intelligence, surveillance and reconnaissance (ISR) payloads which will include RF Wideband Software defined Radio (SDRs). Further by signing this MOU, Paras Anti-drone Technologies Private Limited and Spacekawa Explorations Private Limited (Kawa Space) intends to develop and advance technologies for space applications that can address the challenges of a rapidly changing world. Positive read thru for the stock from long-term perspective.
  • Paras Defence bags order worth Rs. 64 crore

    21 Mar 2023 , 2:06PM Paras Defence bags order worth Rs. 64 crore from Council of Scientific & Industrial Research (CSIR)
  • Paras Defence and Space Technologies

    20 Mar 2023 , 11:10AM Paras Defence has won the contract for avionics suite for Saras MK - 2 Aircraft from Council of Scientific & Industrial Research (CSIR) - National Aerospace Laboratories (NAL), Bengaluru of value totalling to approximately Rs. 64 crore deliveries for which are to be done in FY24. Saras is the first Indian multi-purpose civilian aircraft in the light transport aircraft category as designed by the CSIR-NAL. Avionics Suite of Saras MK – 2 aircraft is the complete glass cockpit of the aircraft, including all the equipment related to control, monitoring, communication, navigation, weather and anti-collision systems along with Auto-Pilot System. Positive for the stock.
  • Paras Defence signs MoU with CONTROP Precision

    15 Mar 2023 , 10:16AM Paras Defence signs MoU with CONTROP to form a JV in India for manufacturing electro-optic systems for various applications
  • Yantra India signs MoU for Technology Collaboration with Paras Defence

    16 Feb 2023 , 11:48AM Yantra India a Govt of India Enterprise signs MoU with Paras Defence during the ongoing Aero India 2023
  • Paras Defence and Space Technologies

    7 Sep 2022 , 10:26AM The company has entered into an exclusive teaming agreement with ‘ELDIS Pardubice’ s.r.o., Czech Republic with an intention to provide turnkey anti-drone systems for civilian airports in India. Positive development for the stock.

Key fundamentals

Evaluate the intrinsic value of Paras Defence and Space Technologies Ltd stock 

Name March-25 March-24 March-23 March-22 March-21
Assets 643.4686 480.5364 413.13 406.7428 299.3521
Liabilities 643.4686 480.5364 413.13 406.7428 299.3521
Equity 40.2937 39 39 39 29.8531
Gross Profit 94.0142 51.2906 55.281 51.4821 42.5759
Net Profit 65.0692 34.235 35.9282 26.9086 15.0812
Cash From Operating Activities 28.5622 -17.2145 49.476 12.773 3.7177
NPM(%) 19.49 14.72 16.76 14.94 11.35
Revenue 333.8541 232.4345 214.2796 180.0001 132.7969
Expenses 239.8399 181.1439 158.9986 128.518 90.221
ROE(%) 10.16 5.34 5.61 4.2 2.35

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day
08 Aug 2025 0.5 10 0.07 1359.55

Peers

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Company Info

The Company was incorporated as "Paras Flow Form Engineering Limited" under the Companies Act, 1956, at Mumbai, pursuant to a certificate of incorporation dated June 16, 2009, issued by the RoC. the Company received the certificate for commencement of business on July 24, 2009. Subsequently, the name of the Company was changed to "Paras Flowform Engineering Limited" pursuant to a resolution passed by the Shareholders in an extraordinary general meeting held on September 22, 2009 to rectify the name of the Company, and a fresh certificate of incorporation, dated September 25, 2009 was issued by the RoC. Further, the name of the Company was changed to "Paras Defence and Space Technologies Limited" pursuant to a resolution passed by the Shareholders in an extraordinary general meeting held on December 2, 2015 to reflect the business of the Company as stated in the MoA, and a fresh certificate of incorporation, dated January 29, 2016 was issued by the RoC.The predecessor, M/s. Paras Engineering Co. ("PEC"), a proprietary concern, was established by the Promoter, Sharad Virji Shah in 1979. PEC was involved in the business of manufacturing precision machine components, pressed and fabricated components, precision spares, assemblies spring and fastners. The taking over of the PEC in all its entirety including all its assets and liabilities was one of the main objects of the Company at the time of its incorporation. the Company completed the acquisition of the plants and machinery of PEC on April 1, 2012.Major events and milestones :2009- Incorporation of the Company2015- Bagged an order for developing electronic control system2016- Started developing and manufacturing optics for space2017- Secured order for developing and manufacturing EMP racks2018- Expanded the presence of the Company in Bangalore- Amalgamation of Mechvac India Limited and Concept Shapers and Electronics Private Limited with the Company2019- Established the subsidiary, Paras Aerospace Private Limited, to venture into drone systems and services2020- MDAVF* made an investment in the Company 2021 -Company Received"DRDO awards Transfer of Technology (ToT) for Development of Border Surveillance System to Paras Defence".

The Company was incorporated as "Paras Flow Form Engineering Limited" under the Companies Act, 1956, at Mumbai, pursuant to a certificate of incorporation dated June 16, 2009, issued by the RoC. the Company received the certificate for commencement of business on July 24, 2009. Subsequently, the name of the Company was changed to "Paras Flowform Engineering Limited" pursuant to a resolution passed by the Shareholders in an extraordinary general meeting held on September 22, 2009 to rectify the name of the Company, and a fresh certificate of incorporation, dated September 25, 2009 was issued by the RoC. Further, the name of the Company was changed to "Paras Defence and Space Technologies Limited" pursuant to a resolution passed by the Shareholders in an extraordinary general meeting held on December 2, 2015 to reflect the business of the Company as stated in the MoA, and a fresh certificate of incorporation, dated January 29, 2016 was issued by the RoC.The predecessor, M/s. Paras Engineering Co. ("PEC"), a proprietary concern, was established by the Promoter, Sharad Virji Shah in 1979. PEC was involved in the business of manufacturing precision machine components, pressed and fabricated components, precision spares, assemblies spring and fastners. The taking over of the PEC in all its entirety including all its assets and liabilities was one of the main objects of the Company at the time of its incorporation. the Company completed the acquisition of the plants and machinery of PEC on April 1, 2012.Major events and milestones :2009- Incorporation of the Company2015- Bagged an order for developing electronic control system2016- Started developing and manufacturing optics for space2017- Secured order for developing and manufacturing EMP racks2018- Expanded the presence of the Company in Bangalore- Amalgamation of Mechvac India Limited and Concept Shapers and Electronics Private Limited with the Company2019- Established the subsidiary, Paras Aerospace Private Limited, to venture into drone systems and services2020- MDAVF* made an investment in the Company 2021 -Company Received"DRDO awards Transfer of Technology (ToT) for Development of Border Surveillance System to Paras Defence".

Read More

Parent Organisation

Paras Defence and Space Technologies Ltd.

Founded

16/06/2009

Managing Director

Mr.Munjal Sharad Shah

NSE Symbol

PARASEQ

FAQ

The current price of Paras Defence and Space Technologies Ltd is ₹ 683.85.

The 52-week high for Paras Defence and Space Technologies Ltd is ₹ 709.45 and the 52-week low is ₹ 674.60.

The market capitalization of Paras Defence and Space Technologies Ltd is currently ₹ 5510.96. This value can fluctuate based on stock price movements and changes in the number of shares outstanding.

To buy Paras Defence and Space Technologies Ltd shares, you need to have a brokerage account. First, choose a reputable brokerage firm, open an account, and complete the necessary KYC procedures.

To invest in Paras Defence and Space Technologies Ltd, you need a brokerage account. After opening an account and completing the KYC process, you can fund your account and use the trading platform to purchase Paras Defence and Space Technologies Ltd shares.

The CEO of Paras Defence and Space Technologies Ltd is Mr.Munjal Sharad Shah, who has been leading the company with a vision to expand its renewable energy portfolio and drive sustainable growth.

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