Who are the promoters of Sagar Defence Engineering?

Sagar Defence Engineering was founded and is promoted by Nikunj Parashar, who serves as its key driver. The company is a privately held entity incorporated in Maharashtra in 2015.

Is Sagar Defence Engineering planning an IPO?

As of early 2025, there are no publicly announced IPO plans for Sagar Defence Engineering Private Limited. It remains a private limited company focused on scaling its defence contracts before any potential public offering.

What is Sagar Defence's competitive position in India?

Sagar Defence Engineering is one of the few Indian private sector companies with an active portfolio covering all four unmanned domains (air, land, sea surface, and underwater). This positions it uniquely in India's nascent domestic unmanned systems industry, alongside peers like ideaForge (UAVs) and ECA Group partners.

Who am I actually transacting with?

You transact with the desk, not with an anonymous counterparty. When you buy, you buy from the desk; when you sell, you sell to the desk. Shares always route through the desk's own demat account, so there's one accountable party for the whole trade.

How do I pay, and is there a payment gateway?

Payment is by direct bank transfer to Prospire Network Private Limited's published account (CIN U82300UP2025PTC233622), shown to you in-app at the payment step. There is no card gateway and no escrow. Never pay to a personal account or to any account shared over phone, WhatsApp or email — even if the person claims to be from our team.

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After you accept an allocation, you have a short window to pay (typically 2 days). Once payment is verified, shares are usually credited to your demat within 2–3 business days, subject to depository timelines and any company-level restrictions. Timeframes are typical, not guaranteed.

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Is there a minimum ticket size for Sagar Defence Engineering Private Limited?

Minimums vary by company and depend on the lot the desk can source. Raise an enquiry and the desk will confirm the available quantity and the minimum for that name.

What KYC do I need, and do I need a demat account?

You'll share your demat details when you enquire so we can settle directly. Full KYC — PAN and a client-master / demat statement — is required before the transfer step, when shares actually change hands. Yes, you need an active demat account to hold unlisted shares.

Are there lock-ins on unlisted or pre-IPO shares?

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How do I sell Sagar Defence Engineering Private Limited shares I already hold?

Raise a sell enquiry with the company, quantity and your target price. The desk confirms a buying price, you transfer your shares into the desk's demat, and once the credit is verified we pay you out by bank transfer to your registered account. The desk never pays out before your shares are received.

Unlisted shares are illiquid, may be hard or impossible to sell, and are not covered by exchange settlement guarantees or investor-protection funds. Pricing is indicative, not live. Read the full Risk Disclosure before you enquire, and invest only what you can afford to lock away.

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Sagar Defence Engineering Private Limited Unlisted Share Price | Buy Sagar Defence Engineering Private Limited Pre-IPO Shares — wisefolio | wisefolio

Investment Thesis

Sagar Defence Engineering Private Limited occupies a niche but strategically important space in India's defence ecosystem, developing indigenous multi-domain unmanned autonomous systems across air, land, sea, and underwater environments. As India accelerates its Atmanirbhar Bharat defence policy and the Indian Navy expands its unmanned systems fleet, the company is a potential long-term beneficiary. However, as an early-stage private company operating in a sector with long procurement cycles, near-term revenue visibility remains limited.

Pros

Pioneer in India's indigenous unmanned autonomous systems sector, spanning maritime surface vessels, underwater drones (AUVs/UUVs), aerial drones (UAVs), and unmanned ground vehicles (UGVs) — covering all four operational domains
Strong alignment with India's Atmanirbhar Bharat defence procurement policy; beneficiary of India's push to reduce defence import dependence, with the government targeting 70% domestic procurement
Has demonstrated operational deployments with the Indian Navy and Coast Guard for maritime surveillance and patrolling use cases
Participates in DefExpo, Aero India, and similar defence expos, strengthening visibility with MoD and armed forces procurement officers

Cons

Being a private limited company, financials are not publicly disclosed, limiting investor visibility into revenue and profitability
Defence procurement cycles in India are long and capital-intensive; contract realisation from MoD can face delays of several years
Heavy competition from established defence PSUs (BEL, HAL, DRDO subsidiaries) which receive preferential procurement treatment
Early-stage company with limited revenue base; capital availability for scaling R&D and manufacturing may be a constraint

Business Segments

Unmanned Surface Vessels (USVs)

Autonomous surface vessels for maritime patrol, surveillance, and mine countermeasures for Indian Navy and Coast Guard

Unmanned Aerial Vehicles (UAVs)

Fixed-wing and multi-rotor aerial drones for reconnaissance and ISR (intelligence, surveillance, reconnaissance) missions

Autonomous Underwater Vehicles (AUVs/UUVs)

Underwater drones for seabed mapping, mine detection, and underwater surveillance

Unmanned Ground Vehicles (UGVs)

Autonomous ground platforms for border surveillance, logistics support, and perimeter security

Revenue Model

Sagar Defence Engineering earns revenue through government defence contracts — primarily with the Indian Navy, Coast Guard, and Ministry of Defence — for supply, integration, and maintenance of unmanned autonomous platforms. Revenue also includes R&D project grants and technology development agreements with DRDO and other government bodies.

Detailed Analysis

Growth outlookExpansion plans, industry tailwinds & headwinds9

Growth Plans

India's Union Budget FY2025-26 increased defence capital outlay; over 75% reserved for domestic procurement under Atmanirbhar Bharat

Indian Navy's stated intent to induct autonomous surface and underwater vessels for surveillance and mine countermeasures

Growing global and domestic demand for cost-effective unmanned systems in maritime security

Industry Tailwinds

Recent Developments

DefExpo Participation

Showcased multi-domain unmanned systems portfolio at DefExpo 2023, engaging with MoD procurement officials and potential export buyers.

2023-01

Comparable Companies

CompanyTypeTickerMkt Cap

ideaForge TechnologyListedIDEAFORGE~700 Cr

Bharat Electronics LimitedPE: ~40xxListedBEL~2,00,000 Cr

Zen TechnologiesPE: ~60xxListedZENTEC~4,000 Cr

ideaForge TechnologyListed

IDEAFORGE · ~700 Cr

Frequently Asked Questions

Sagar Defence Engineering Private Limited develops and manufactures unmanned autonomous systems for defence and security applications. Its product portfolio includes unmanned surface vessels (USVs) for maritime patrol, autonomous underwater vehicles (AUVs), unmanned aerial vehicles (UAVs), and unmanned ground vehicles (UGVs). The company focuses on multi-domain autonomous platforms for the Indian Navy, Coast Guard, and other defence clients.

About Sagar Defence Engineering Private Limited

Sagar Defence Engineering Private Limited is a Mumbai-based unmanned systems company incorporated in 2015, developing and deploying autonomous platforms across maritime, aerial, underwater, and land domains for defence, maritime security, oceanographic research, and search-and-rescue applications. The company designs Unmanned Surface Vehicles (USVs), underwater drones (UUVs), unmanned aerial vehicles (UAVs), and autonomous surveillance systems. In FY2025, Sagar Defence reported revenues of Rs. 108 Cr — a remarkable 168% YoY CAGR — with EBITDA CAGR of 668%. Key milestones include completing the Sagarmala Parikrama autonomous maritime voyage in November 2024, selection by DRDO in June 2024 to develop underwater-launched UAVs, and a March 2025 partnership with Boeing's Liquid Robotics for maritime security. In December 2024, the company raised $25.4 million led by Skegen. The order book stood at Rs. 2,730 Cr as of September 2025, reflecting significant government defence contracts. Sagar Defence is positioned at the intersection of India's Make in India defence push and the global unmanned systems revolution.

Key Milestones

Founded in 2015 in Mumbai, Maharashtra as Sagar Defence Engineering Private Limited

Developed India's first indigenous autonomous surface vessel for naval applications

Common questions about unlisted shares

How do I buy Sagar Defence Engineering Private Limited unlisted shares here?
Raise an enquiry on any company with the quantity you want. Our desk sources the shares and comes back with a firm price and allocation. You accept the allocation, transfer the funds to the desk's published bank account, and once we verify payment the shares are transferred into your demat.
Who am I actually transacting with?
You transact with the desk, not with an anonymous counterparty. When you buy, you buy from the desk; when you sell, you sell to the desk. Shares always route through the desk's own demat account, so there's one accountable party for the whole trade.
How do I pay, and is there a payment gateway?

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