Paras Defence and Space Technologies Ltd

The Paras Defence share price reflects investor interest in one of India’s specialised private-sector participants in the defence and space manufacturing ecosystem. Backed by over four decades of focused operations, the company has built strong capabilities in research-driven engineering and precision manufacturing. 

 Its strength lies in indigenously designed, developed, and manufactured solutions across defence electronics, optics, and heavy engineering. With a consistent role in key national defence and space programmes and a clear focus on self-reliance, the company’s business fundamentals remain central to how the market views Paras Defence. 

History of Paras Defence and Space Technologies Ltd 

Paras Defence and Space Technologies Limited has a well-defined history rooted in precision engineering and defence manufacturing. The company was incorporated in 2009 in Mumbai as Paras Flow Form Engineering Limited and later renamed in 2016 to reflect its growing defence and space focus. Its origins trace back to Paras Engineering Co., founded in 1979 by Mr. Sharad Virji Shah, which specialised in precision components.  

Over the years, the company expanded into electronics, optics, EMP systems, and drone technologies, supported by strategic acquisitions and DRDO technology transfers. This steady evolution helps define long-term market expectations, including movements in the Paras Defence share price NSE. 

Key Personnel of Paras Defence and Space Technologies Ltd 

The company’s leadership team plays a key role in operational execution and long-term planning, which is closely observed by market participants tracking the Paras Defence and space technologies share price. The key personnel include: 

Business Segments of Paras Defence and Space Technologies Ltd 

Paras Defence operates across specialised verticals that define its business model; a structure often reviewed when analysing the Paras Defence share price today. The company’s major business segments include: 

Defence Electronics and Electronic Warfare Systems 

Defence and Space Optics, including precision optical components 

Defence Heavy Engineering and specialised manufacturing solutions 

Together, these segments strengthen diversified defence capabilities, supporting sustained growth potential and reinforcing positive long-term expectations around the Paras Defense share price. 

Subsidiaries of Paras Defence and Space Technologies Ltd 

The company has established subsidiaries to support focused development and execution in select defence technology areas, a factor investor may consider alongside the Paras Defence share price. Its key subsidiaries include: 

Paras Aerospace Pvt. Ltd. 

Paras Anti-Drone Technologies Pvt. Ltd. 

Quantico Technologies Pvt. Ltd. 

Opel Technologies Pte. Ltd. 

Ayatti Innovative Pvt. Ltd. 

MechTech Thermal Pvt. Ltd. 

PARAS AEROSPACE 

These subsidiaries complement the parent company’s core capabilities, contributing to overall business depth and, in turn, shaping sentiment around the Paras Defence share price.