When was Paras Defence & Space Technologies founded?

Paras Defence & Space Technologies was founded in 1972 and raised its 1st funding round 46 years after it was founded.

Where is Paras Defence & Space Technologies located?

Paras Defence & Space Technologies is headquartered in Navi Mumbai, India. It is registered at D-112, TTC INDUSTRIAL AREA, MIDC, NERUL, Mumbai City, NAVI MUMBAI, Maharashtra, India, 400706.

Which legal entities is Paras Defence & Space Technologies associated with?

Paras Defence & Space Technologies is associated with PARAS DEFENCE AND SPACE TECHNOLOGIES LIMITED.

How many employees does Paras Defence & Space Technologies have?

As of Aug 31, 2025, Paras Defence & Space Technologies has 239 employees, reflecting a 39% year-over-year growth in headcount.

Is Paras Defence & Space Technologies a funded company?

Paras Defence & Space Technologies is a funded company, having raised a total of $4.57M across 4 funding rounds to date. The company's 1st funding round was a $***** Unattributed round, raised on May 18, 2018.

When was the latest funding round of Paras Defence & Space Technologies?

Paras Defence & Space Technologies' latest funding was a $***** Post IPO round on Jun 13, 2024, with participation from 1 investor. Its primary sector is Defense Contractors. Globally, the Defense Contractors sector has seen $685M in funding in 2026 to date.

What is the annual revenue of Paras Defence & Space Technologies?

Annual revenue of Paras Defence & Space Technologies is ₹373Cr as on Mar 31, 2025.

Where does Paras Defence & Space Technologies rank among its competitors?

Paras Defence & Space Technologies ranks 1st amongst 557 active competitors, of which 14 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was SASMOS, which secured $39.1M in Aug, 2025.

Who are the top competitors of Paras Defence & Space Technologies?

Paras Defence & Space Technologies' top competitors include Moog, Leidos and Cubic. Among them, SASMOS secured the most recent funding round in August, 2025.

Paras Defence & Space Technologies - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Company offering wide range of defence products & solutions. It offers a range of products and solutions, include optical components, Imaging Systems, Electronic Systems, Cybersecurity Solutions, Production of heavy structures, flow-formed rocket motor tubes, special purpose machines, Titanium Fabrication, Electromagnetic Pulse Protection, Shielding Products, Drones and Anti-Drone Systems, Spacecraft Integration and Testing, Remote-Controlled Defense Systems, and Custom Engineering Solutions.

Website: parasdefence.com
Social
Email ID: *****@parasdefence.com, *****@parasdefence.com
Phone Number: +91 **********
Registered Address: D-112, TTC INDUSTRIAL AREA, MIDC, NERUL, Mumbai City, NAVI MUMBAI, Maharashtra, India, 400706

Key Metrics

Founded Year

1972

Location

Navi Mumbai, India

Stage

Public

Total Funding

$4.57M in 4 rounds

Latest Funding Round

Post IPO, Jun 13, 2024, $*****

Investors

Pooja Unichem & 39 more

Ranked

1^st among 557 active competitors

Annual Revenue

₹373Cr as on Mar 31, 2025

Employee Count

239 as on Aug 31, 2025

Investment & Acquisitions

Trackk & 3 more

Similar Companies

Moog & 454 more

Exit Details

Public

View Paras Defence & Space Technologies' full profile

Paras Defence & Space Technologies is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
PARAS DEFENCE AND SPACE TECHNOLOGIES LIMITED CIN: L29253MH2009PLC193352 , India, Active	Jun 16, 2009	$44.1M (As on Mar 31, 2025)	239 (As on Aug 31, 2025)

Paras Defence & Space Technologies got listed on Oct 01, 2021.

Click here to take a look at Paras Defence & Space Technologies's IPO in detail

Paras Defence & Space Technologies has raised a total funding of $4.57M over 4 rounds. Its first funding round was on May 18, 2018. Its latest funding round was a Post IPO round on Jun 13, 2024 for $*****. 1 investor participated in its latest round. Paras Defence & Space Technologies has 9 institutional investors and 31 angel investors.

Here is the list of recent funding rounds of Paras Defence & Space Technologies:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 13, 2024	1766896	Post IPO	6519789	2019322	5659602	4535042
Apr 25, 2021	9718230	Angel	9620074	9365496	7809598	3132746
Aug 13, 2020	1996444	Unattributed	7808486	2633848	Pooja Unichem	IDBI Capital Markets & Securities Ltd & 3 more

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View details of Paras Defence & Space Technologies's funding rounds and investors

Paras Defence & Space Technologies' Board of Directors

Paras Defence & Space Technologies's board has 2 active members. Shilpa Amit Mahajan and Sharad Shah are part of team.

Here is the list of Paras Defence & Space Technologies' board of directors:

Name	Type	Representing	Status	Duration
Sharad Shah	Team	-	Current	7y 7m
ktlrall	Team	-	Current	1y 4m

Paras Defence & Space Technologies' employee count trend

Paras Defence & Space Technologies has 239 employees as of Aug 25. The total employee count is 39.0% more than what it was in Aug 24. Here is Paras Defence & Space Technologies's employee count trend over the years:

Employee count trend for Paras Defence & Space Technologies

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Top competitors of Paras Defence & Space Technologies include Moog, Leidos and Cubic. Here is the list of Top 10 competitors of Paras Defence & Space Technologies, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Paras Defence & Space Technologies 1972, Navi Mumbai (India), Public	Company offering wide range of defence products & solutions	$4.57M	ADIA, IDBI Capital Markets & Securities Ltd ... & 38 others	73/100
2nd	Moog 1951, East Aurora (United States), Acquired	Manufacturer of motion control products and systems for multiple industries	$12M	Intel Capital, Cisco Investments & 3 others	68/100
3rd	Leidos 1969, United States, Acquired	Provider of healthcare IT solutions and defence components services	-	Herald Investment Management, NASA & 5 others	65/100
4th	Cubic 1951, San Diego (United States), Acquired	Provider of integrated solutions for public transportation and defence sectors	-	De Incubator, Military Health	63/100
5th	Data Patterns 1985, Chennai (India), Public	Provider of mission‑critical embedded electronic systems and sensor‑centric solutions	-	SIDBI Venture Capital, Yali Capital & 1 others	62/100
6th	SASMOS 2007, Bengaluru (India), Series A	-	$40.5M	A91 Partners, Rane Group & 4 others	61/100
7th	Babcock 1891, London (United Kingdom), Public	Global defence engineering provider supporting military, nuclear, marine, aviation sectors	-	Kestrel Capital & 1 others	60/100
8th	Teledyne 1960, Thousand Oaks (United States), Public	Manufacturer of electric and electronic components	-	Military Health, National Oceanic and Atmospheric Administration ... & 1 others	60/100
9th	Mistral Solutions 1997, Bengaluru (India), Acquired	Product engineering services & homeland security solutions.	$9.5M	eTec, Nexus Venture Partners & 4 others	59/100
10th	Rangsons Aerospace 2011, Mysuru (India), Early Stage	Company specializes in developing aerospace and defense solutions by integrating technology, engineering, and manufacturing expertise	$34.4M	ValueQuest, Earth & Beyond Ventures & 7 others	58/100

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Founders (largest shareholder) own 69.43%, Funds own 0.00%, Enterprises own 4.47% and Angels own 7.70%. The net worth of Paras Defence & Space Technologies's founders is INR 263Cr as of Apr 25, 2021.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	69.43%	263Cr	1473506	2801987	9603608	4380527
Fund	-	63.4K	0	0	0	0
IDBI Capital Markets & Securities Ltd	0	0	0	0	0	0
Enterprise	4.47%	16.9Cr	7261	4693	9064	6179
Angel	7.70%	29.1Cr	9533049	9179098	8854459	5341938
Mukul Agrawal	1	1	8	3	3	1
Other People	18.41%	69.6Cr	5026384	6166823	2657907	9745482
Total	100.00%	378Cr	9618444	8013982	7721302	4157173

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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.

Disclaimer

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Paras Defence & Space Technologies has made 3 investments in companies including Trackk and Logic Fruit Technologies. Paras Defence & Space Technologies has also acquired 1 companies including Ayatti Innovative.

Here is the list of investments & acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Aug 12, 2025	Investments	Trackk	2021	Mumbai (India)
Feb 13, 2025	Investments	Logic Fruit Technologies	2009	Gurugram (India)
Aug 20, 2022	Acquisition	Ayatti Innovative	2018	Pune (India)

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Media has covered Paras Defence & Space Technologies for a total of 19 events in the last 1 year, 12 of them have been about company updates and 2 about partnerships.