Mumbai: Paras Defence and Aerospace has seen a remarkable surge in its share prices, with an increase of 108 per cent over the past two years. On April 28, 2025, the company’s shares were trading at Rs 1151, compared to Rs 540.55 per share on April 28, 2024. In just the past year, shares have jumped by 55 per cent, moving from Rs 728.85 to Rs 1151 per share. This surge in share value reflects investor confidence and a promising outlook for the company.
IPO Success and Rapid Growth
Paras Defence had an IPO price of Rs 175 per share, which launched on September 21, 2021. The issue was immensely popular, being subscribed 304.26 times, with the retail investor segment subscribed by 112.81 times. When the shares listed on the BSE, the opening price was Rs 475 per share, peaking at Rs 498.75 on listing day. Since then, the company's shares have experienced phenomenal growth, creating substantial value for investors.
Board Meeting to Discuss Financial Results and Possible Dividend
On April 30, 2025, Paras Defence's board meeting will take place to review the company’s financial results for the quarter ending March 31, 2025. The company may also discuss the possibility of recommending a dividend. This meeting is crucial for investors as it provides insight into the company's financial health and potential returns.
