Sagar Defence Engineering Limited
1 MAbout Sagar Defence Engineering Limited
A Comprehensive Overview of Price & Journey
Understanding Sagar Defence Engineering Limited Inception and Growth
Sagar Defence Engineering Ltd. is an unlisted defense technology company, with its shares traded in the private market. Unlike listed companies, the valuation and Sagar Defence Unlisted Share Price of unlisted and pre-IPO companies are influenced by factors such as demand and supply, private transactions, and the company's underlying fundamentals.
Sagar Defence Engineering Limited: Overview
Sagar Defence Engineering Ltd. is an unlisted Indian aerospace and maritime technology company engaged in the development of unmanned marine systems.
weaponized autonomous boats, and specialized civilian and military drones.
Products and Services Portfolio
- SPECTRE M
Spectre M is an advanced UAV featuring a modern, unique design that combines structural strength with advanced aerial technology. It is injected with a professional-grade camera, low-distortion lens, and efficient gimbal system for capturing high-resolution images and videos. It helps the system deliver stable footage with accurate colors and detailed visuals, making it suitable for professional surveillance and reconnaissance applications.
- SPECTRE P
Spectre P features a futuristic and distinctive design that combines strength and beauty with advanced technology. It is equipped with a high-quality camera that captures clear, high-resolution images and videos with accurate colors and fine details for aerial imaging and surveillance.
Regulatory Milestone: License Approval
Sagar Defence Engineering secured an industrial license to produce military-grade surface and underwater vessels. This significant authorization permits the company to design, build, and test advanced naval platforms for the Indian Navy and Coast Guard. Previously, the firm had already obtained permission to manufacture arms and ammunition, marking a steady expansion of its defense manufacturing capabilities.
Who Are the Peers/Competitors of Sagar Defense Engineering Limited?
Sagar Defence operates in the rapidly growing unmanned systems and defense technology industry, with peers and competitors spanning the UAV, USV, and autonomous systems segments.
Indian / Domestic Peers
- IdeaForge Technology Ltd.
- Aesteria Aerospace
- Garuda Aerospace
- Tata Advanced Systems
- Adani Defence & Aerospace
- Paras Defence & Space Technologies Ltd.
International/Maritime Autonomous-System Peers
- Saildrone
- Maritime Robotics
- Seasats
- Hydronalix
- Maritime Tactical Systems
- L3Harris Technologies
- Elbit Systems
Strategic MOU With Andhra Pradesh Government
Sagar Defence Engineering has signed an MoU with the Government of Andhra Pradesh to establish the world’s first Autonomous Maritime Shipbuilding and Systems Centre at Juvvaladinne Fishing Harbour. The facility is planned as part of a 400-acre defense manufacturing hub focused on the development and production of advanced weapons, autonomous systems, and kinetic munitions. The project aims to strengthen India's domestic defense manufacturing capabilities, support the Atmanirbhar Bharat initiative, and create regional employment opportunities. This expansion marks Sagar Defence's entry into kinetic munitions, complementing its existing maritime and aerial drone portfolio.
Potential Transition to Public Markets
Sagar Defence Engineering is evaluating a potential IPO at an estimated valuation of ₹2,000–3,000 crore. The proposed IPO is expected to comprise a combination of an offer for sale (OFS) and a fresh issue of equity shares. The company has appointed DAM Capital Advisors as its advisor for the proposed listing.
Is Sagar Defense Engineering a Good Investment Opportunity?
Investment in the unlisted share of Sagar Defence Unlisted Share Price is subject to due diligence and holistic analysis. An investor should carefully evaluate all the factors before investing.
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Sagar Defence Engineering Ltd. is an unlisted defense technology company, with its shares traded in the private market. Unlike listed companies, the valuation and Sagar Defence Unlisted Share Price of unlisted and pre-IPO companies are influenced by factors such as demand and supply, private transactions, and the company's underlying fundamentals.
Sagar Defence Engineering Limited: Overview
Sagar Defence Engineering Ltd. is an unlisted Indian aerospace and maritime technology company engaged in the development of unmanned marine systems.
weaponized autonomous boats, and specialized civilian and military drones.
Products and Services Portfolio
- SPECTRE M
Spectre M is an advanced UAV featuring a modern, unique design that combines structural strength with advanced aerial technology. It is injected with a professional-grade camera, low-distortion lens, and efficient gimbal system for capturing high-resolution images and videos. It helps the system deliver stable footage with accurate colors and detailed visuals, making it suitable for professional surveillance and reconnaissance applications.
- SPECTRE P
Spectre P features a futuristic and distinctive design that combines strength and beauty with advanced technology. It is equipped with a high-quality camera that captures clear, high-resolution images and videos with accurate colors and fine details for aerial imaging and surveillance.
Regulatory Milestone: License Approval
Sagar Defence Engineering secured an industrial license to produce military-grade surface and underwater vessels. This significant authorization permits the company to design, build, and test advanced naval platforms for the Indian Navy and Coast Guard. Previously, the firm had already obtained permission to manufacture arms and ammunition, marking a steady expansion of its defense manufacturing capabilities.
Who Are the Peers/Competitors of Sagar Defense Engineering Limited?
Sagar Defence operates in the rapidly growing unmanned systems and defense technology industry, with peers and competitors spanning the UAV, USV, and autonomous systems segments.
Indian / Domestic Peers
- IdeaForge Technology Ltd.
- Aesteria Aerospace
- Garuda Aerospace
- Tata Advanced Systems
- Adani Defence & Aerospace
- Paras Defence & Space Technologies Ltd.
International/Maritime Autonomous-System Peers
- Saildrone
- Maritime Robotics
- Seasats
- Hydronalix
- Maritime Tactical Systems
- L3Harris Technologies
- Elbit Systems
Strategic MOU With Andhra Pradesh Government
Sagar Defence Engineering has signed an MoU with the Government of Andhra Pradesh to establish the world’s first Autonomous Maritime Shipbuilding and Systems Centre at Juvvaladinne Fishing Harbour. The facility is planned as part of a 400-acre defense manufacturing hub focused on the development and production of advanced weapons, autonomous systems, and kinetic munitions. The project aims to strengthen India's domestic defense manufacturing capabilities, support the Atmanirbhar Bharat initiative, and create regional employment opportunities. This expansion marks Sagar Defence's entry into kinetic munitions, complementing its existing maritime and aerial drone portfolio.
Potential Transition to Public Markets
Sagar Defence Engineering is evaluating a potential IPO at an estimated valuation of ₹2,000–3,000 crore. The proposed IPO is expected to comprise a combination of an offer for sale (OFS) and a fresh issue of equity shares. The company has appointed DAM Capital Advisors as its advisor for the proposed listing.
Is Sagar Defense Engineering a Good Investment Opportunity?
Investment in the unlisted share of Sagar Defence Unlisted Share Price is subject to due diligence and holistic analysis. An investor should carefully evaluate all the factors before investing.
Fundamentals
Financials
All values are INR Cr except per share value
Revenue Growth
PAT Growth %
EPS Growth %
TOTAL ASSETS Growth %
QUICK RATIO Growth %
LONG TERM DEBT TO EQUITY RATIO Growth %
Shareholding Pattern
2026
| Name | Designation | Share % |
|---|---|---|
| Nikunj Parashar | CEO Managing director | 25.28% |
| Funds / Venture Capital | Institutional Investors | 23.32% |
| ESOP Pool | Employee Welfare Trust | 8.20% |
| Enterprise / Corporate Investors | Strategic Corporate Investors | 3.89% |
| Angel Investors | Non-Promoter Individual Investors | 0.14% |
| Other Public / Individual Shareholders | Non-Promoter Public Shareholding | 39.17% |
Events
| Name | Date | Details |
|---|---|---|
| No events available. | ||
Frequently Asked Questions
Like any other financial product or commodity, the price of unlisted shares is discovered at the intersection of demand from buyers and supply from sellers of particular unlisted shares.
The two determinants of price are dynamic factors and keep changing constantly, hence share price tends to fluctuate constantly – every day, every minute.
Upon successful completion of a deal, the unlisted shares are credited electronically directly to your standard demat account that is usually created with CDSL or NSDL (Central Depository Services Limited or National Securities Depository Limited).
The lock-in period of Sagar Defence Engineering Limited varies depending on the category of the investor:
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Venture capital or foreign venture capital investors are subject to lock-in period of 6 months from the date of acquisition of shares
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For AIF investors of Category-II are not subject to any lock-in.
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Any other investor, including retail investors, HNI or corporate investors are subject to a lock-in period of 6 months from the date of listing.
Note – The above-mentioned lock-in is for mainboard, however for SME IPO the applicable lock-in period is 1 Year.
There is no regulatory minimum limit to invest in unlisted shares. However, minimum investment size varies with the per share price. Earlier, the typical investment size often ranges between 70K – 100K, but with the growing awareness and increased participation the investment size has been down sized to 50k.
Short-Term Capital Gain tax is applicable when you sell your unlisted shares within a year from date of acquisition. Realized gain is taxable at your slab rate after consolidating in total income for the year. Hence, the rate of tax depends on your overall income for the particular financial year.
Long-Term Capital Gain taxes are applicable when you sell your unlisted shares after two years from the date of acquisition. LTCG tax is calculated on profits realized on sale of unlisted shares at 12.5%. Investors particularly retail or HNI must understand the concept clearly as it impacts strategy and tax planning.
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You can dowload the NSDL or CDSL application and login into the account and check whether the shares have been credited or not.
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Credit of Unlisted Shares/Pre-IPO shares can be checked in brokers application as well but it takes T+2 days to show the shares.
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You would also get email confirmation of credit of shares via email
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The value of share in unlisted space is determined in the same way as it is done in the listed market. Demand and supply decide the price of any share. If the demand is more than the supply, then the price of the share increases and vice versa.
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When a new share is introduced in the unlisted space, the value of the company is decided upon the last funding raised by the company. If the company hasn’t raised any funding in the past, then the valuation is decided upon the fundamentals of the company.
Yes, investing in unlisted shares is legal in India, the activity is regulated and governed under the rules and guidelines laid by SEBI (Securities and Exchange Board of India). Related parties must comply with the regulations and guidelines to ensure legal and financial standards.
Investing in unlisted shares in India carries a significant and distinctive risk profile such as limited liquidity, lack of transparent pricing and regulatory oversight because unlisted shares do not trade on listed stock exchange, they are bought or sold in OTC (over the counter) market that makes vulnerable to following risks:
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Liquidity risk, unlisted shares are difficult to buy and sell,
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Lack of transparent pricing, as share price of pre-IPO or unl;isted company is often determined by narrative not fundamentals
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Lack of information disclosure, unlisted companies are not mandated for disclosures like listed companies
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Tax ambiguity, because determination of fair market value and cost of acquisition of unlisted shares is often disputed
Hence, investors should carefully examine related facts before investing in Pre-IPO or unlisted shares.