About Sagar Defence Engineering Limited

Sagar Defence Engineering Ltd. is an unlisted defence technology company, with its shares traded in the private market. Unlike listed companies, the valuation and 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 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.

• 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 system deliver stable footage with accurate colours 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 colours and fine details for aerial imaging and surveillance.

Sagar Defence Engineering secured an industrial license to produce military-grade surface and underwater vessels. This significant authorisation 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 defence manufacturing capabilities.

Sagar Defence operates in the rapidly growing unmanned systems and defence 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

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 defence manufacturing hub focused on the development and production of advanced weapons, autonomous systems and kinetic munitions.The project aims to strengthen India's domestic defence 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.

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 it’s advisor for the proposed listing.

Investment in unlisted share of Sagar Defence Engineering is subject to due diligence and holistic analysis. An investor should carefully evaluate all the factors before investing.