Paras Defence And Space Technologies IPO [INITIAL PUBLIC OFFERING] Detail
About Paras Defence And Space Technologies
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 Registrar of Companies, Maharashtra at Mumbai (“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 shareholders in an extraordinary general meeting held on September 22, 2009 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 Shareholders in an extraordinary general meeting held on December 2, 2015 and a fresh certificate of incorporation, dated January 29, 2016 was issued by the RoC.
One of the leading ‘Indigenously Designed Developed and Manufactured’(“IDDM”) 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 (“EMP”) protection solution and heavy engineering. (Source F&S Report).
Five principal categories of product offerings: defence and space optics, defence electronics, EMP protection, heavy
engineering for defence and niche technologies
Registered and Corporate Office: D-112, TTC Industrial Area, MIDC, Nerul, Navi Mumbai 400 706, Maharashtra, India; Tel: +91 22 6919 9999
Contact Person: Ajit Sharma, Company Secretary and Compliance Officer; Tel: +91 22 6919 9999; E-mail: ir@parasdefence.com
Website: www.parasdefence.com; Corporate Identity Number: U29253MH2009PLC193352
Company Promoters
SHARAD VIRJI SHAH AND MUNJAL SHARAD SHAH
Company Financials
Summary of Restated Consolidated Financial Information
For the year/period ended ( ₹ in Million)
| Particulars | |||
|---|---|---|---|
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
| Total Revenue | 1,446.07 | 1,490.51 | 1,571.69 |
| Profit After Tax | 157.86 | 196.57 | 189.70 |
| Total Asset | 3,627.58 | 3,423.86 | 3,297.48 |
Sansera Engineering Ltd. – IPO Details
IPO Details
| Issue Open Date | 21st Sep 2021 |
| Issue Close Date | 23rd Sep 2021 |
| Issue Type | Book Built |
| Face Value | ₹ 10 per equity share |
| IPO/Issue Price | ₹ 165 to ₹ 175 per equity share |
| Market Lot | 85 Shares |
| Min Order Quantity | 85 Shares |
| Listing At | BSE, NSE |
IPO/ Issue Time Line [Tentative]
Issue Open Date
Issue Close Date
Basis of Allotment Date
Initiation of Refunds
IPO Listing Date
Prospectus
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