IPO Size
Price Band
Minimum Lot Size
Face Value
Employee Discount
Retail Allocation
Issue Open Date
Issue Close Date
Listing Date
About the Company:
founded in the year 2009,Paras Defence and Space Technologies limited is one of the leading manufacturer of optics for space and defence application in India. It is the only company in India having capabilities to design space-optics and opto-mechanical assemblies. The company is engaged in designing developing and testing variety of space and defence engineering products and solutions.
The company has 2 manufacturing units in Maharashtra. It is also in the process of expanding its current manufacturing facility at Nerul in Navi Mumbai.
Financial Statements:
Income Statement in Millions |
FY21 |
FY20 |
FY19 |
Gross Operating income |
1433 |
1470 |
1544 |
Cost of employee and inventory |
117.00 |
110 |
89.7 |
other expenses |
876.00 |
963.00 |
932.7 |
EBITDA |
441.00 |
397.00 |
456.5 |
Depreciation |
323.00 |
315.00 |
94 |
Interest |
131.00 |
102.00 |
93.8 |
Profit before tax and exceptional items |
216.00 |
218.00 |
268 |
Exceptional Items |
- |
- |
- |
Profit before tax |
226.00 |
218.00 |
268.75 |
TAX |
68.00 |
21.00 |
78.4 |
Profit After tax |
158.00 |
197.00 |
190.3 |
Sharad Virji Shah and Munjal Sharad Shah
The issue is the combination of fresh issue and offer for sale. Company will not receive any proceeds from the Offer for Sale. The Selling Shareholders will be entitled to the proceeds of the Offer for Sale after deducting their proportion of Offer related expenses and relevant taxes thereon.
140.60