Bharat Dynamics Limited IPO is likely to introduce soon on both of the Exchange i.e. Bombay Stock Exchange and National Stock Exchange. Interested clients can retrieve all relevant information about Bharat Dynamics IPO such as issue Price, Dates, Company Profile, Allotment Status, Listing Dates, subscription details, application form etc. Bharat Dynamics Limited has drafted a Red Herring Prospectus and got approval for the same from the Regulatory firm Securities Board of India. Bharat Dynamics IPO is scheduled for March 13, 2018 with a price band of Rs. 413- Rs. 428 per equity share. The lot size of applying Bharat Dynamics IPO is for 35 shares.
One can apply via ASBA to avail the benefit of listing this IPO. The maximum application of amount for retail investor stood at Rs. 2 lacs.
Company profile:-
Bharat Dynamics Limited was incorporated on July 16, 1970 at Hyderabad, India. The firm is engaged in the manufacture of Surface to Air missiles (SAMs), Anti-Tank Guided Missiles (ATGMs), underwater weapons, launchers, countermeasures and test equipment. It is completely promoted by the President of India. It also works as a sole of sole supplier of SAMs and ATGMs to the Indian armed forces. Refurbishment and life extension of missiles manufactured is also a part of its business.
Bharat Dynamics Limited owned three manufacturing facilities which is located in Hyderabad, Bhanur and Vishakhapatnam. In Hyderabad, the firm manufactures SAMs, Milan 2T ATGMs, countermeasures, launchers and test equipment. In Bhanur, it manufactures the Konkurs – M ATGMs, the INVAR (3 UBK 20) ATGMs, launchers and spares. In Vishakapatnam, the firm manufactures light weight torpedoes, the C-303 anti torpedo system, countermeasures and spares.
Positive Outlook of the Firm:-
- Offering modern facilities and infrastructure on time maintaining good quality;
- Increase in indigenisation of its products and implementation of the “Make in India” policy;
- Maintain quality of its products;
- Consistency in financial record like growth and profit;
- Qualified management and workforce.
Objects Of The Issue:-
- To carry out the disinvestment of [●] Equity Shares by the Selling Shareholder;
- To get the benefits of listing the Equity Shares on the Stock Exchanges.
Summary Of Issue:
| Issue Open:- | March 13, 2018, March 15,2018 |
| Issue Type | 100% Book Built Issue IPO |
| Issue Size (Value) | 22,451,953 Equity Shares of Rs 10 aggregating up to Rs 960.94 Cr |
| Face Value | Rs. 10 Per Equity Share |
| Issue Price | Rs. [413-428] Per Equity Share |
| Market lots | 35 Shares |
| Minimum Order Quantity | 35 Shares |
| Listing At | BSE, NSE |
(*) indicates to be updated
Bharat Dynamics IPO Subscription Details
| Sr.No. | Category | No. of shares offered/reserved | No. of shares bid for | No. of times of total meant for the category |
| 1 | Qualified Institutional Buyers (QIBs) | 10996874 | 16500120 | 1.50 |
| 2 | Non Institutional Investors (NIIs) | 3299063 | 1664985 | 0.50 |
| 3 | Retail Individual Investors (RIIs) | 7697813 | 10889305 | 1.41 |
| 4. | Employees | 458203 | 191485 | 0.42 |
| Total | 22451953 | 29245895 | 1.30 |
Updated as on 15th Mar 2018 at 08:00 p.m
Get Upcoming IPO Notification on your mobile, Download our App
Important dates for Bharat Dynamics IPO Allotment Status
- The Allotment date for Bharat Dynamics Limited IPO issue is expected on March 20, 2018.
- The amount will get unblocked on March 21, 2018.
- The Shares are expected to credit in DP accounts on March 21, 2018.
- The Shares of Bharat Dynamics Limited is likely to get listed on March 22,2018 on both BSE and NSE.
Get Stock Market Recommendation By Our Research Analysts Starting Just Rs. 2000/-
Bharat Dynamics IPO Allotment Status
One can check the allotment on the given below link with PAN number or Application number or DP Client Id. All you need to do is to follow these steps:-
- To Check Your IPO Allotment Status
- Go to Application Status
- Select IPO as Bharat Dynamics IPO
- Enter your PAN Number or Application Id or DP Client Id.
It takes little time to fetch information so you need to be little patient.
Download “Bharat Dynamics Limited” IPO Application Form
From BSE: click here
From NSE: click here
Promoters Of the Company:-
The President Of India
Financials:-
| Particulars | For the year/Period ended (Rs. in Million) | ||
| Financial Year | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 |
| Total Equity & Liabilities | 86,007.92 | 96,406.32 | 84,119.70 |
| Total Revenue | 51,980.73 | 46,013.75 | 32,532.28 |
| Total Expenses | 44,658.86 | 37,601.04 | 26,092.97 |
| Profit After Tax (PAT) | 4,903.19 | 5,620.69 | 4,435.48 |
Book Running Lead Managers Details:-
1) SBI Capital Markets Limited
202,Maker Tower ‘E’ Cuffe Parade
Mumbai 400 005 Maharashtra, India
Telephone: +91 22 2217 8300
Facsimile: +91 22 2217 8332
Email: bdl.ipo@sbicaps.com
Website: www.sbicaps.com
Investor Grievance ID: investor.relations@sbicaps.com
Contact Person: Sambit Rath / Nikhil Bhiwapurkar
SEBI Registration Number: INM000003531
2) IDBI CAPITAL MARKETS & SECURITIES LIMITED
3 rd Floor, Mafatlal Centre, Nariman Point,
Mumbai – 400 021, Maharashtra, India
Telephone: +91 22 4322 1212
Facsimile: +91 22 2285 0785
Email: ipo.bdl@idbicapital.com
Website: www.idbicapital.com
Investor Grievance ID: redressal@idbicapital.com
Contact Person: Sumit Singh / Priyankar Shetty
SEBI Registration Number: INM000010866
3) YES SECURITIES (INDIA) LIMITED
IFC, Tower 1 & 2, Unit no. 602 A, 6 th Floor,
Senapati Bapat Marg, Elphinstone (W),
Mumbai 400 013 Maharashtra, India
Telephone: +91 22 3012 6919
Facsimile: +91 22 2421 4508
Email: dlbdl.ipo@yessecuritiesltd.in
Website: www.yesinvest.in
Investor Grievance ID: igc@yessecuritiesltd.in
Contact Person: Mukesh Garg / Chandresh Sharma
SEBI Registration Number: INM000012227
Registrar To The Issue:-
ALANKIT ASSIGNMENTS LIMITED
205 – 208, Anarkali Complex, Jhandewalan Extension,
New Delhi, 110 055, India.
Telephone: +91 11 4254 1234
Facsimile: +91 11 4154 3474
Email: bdl_ipo@alankit.com
Website: www.alankit.com
Investor Grievance ID: bdl_igr@alankit.com
Contact Person: Pankaj Goenka/Bojiman
SEBI Registration Number: INR000002532
Registered Office Details:-
Kanchanbagh, Hyderabad – 500 058, Telangana, India
Corporate Office: Plot no.38-39,
TSFC Building, Near ICICI Towers, Financial District, Gachibowli,
Hyderabad-500032
Contact Person: N. Nagaraja,
Company Secretary and Compliance Officer; Telephone: +91 40 2434 4979 |
Fax: +91 40 2434 0660 |
E-mail: investors@bdl-india.com |
Website: www.bdl-india.com
Corporate Identification Number: U24292TG1970GOI001353
To Invest in IPO, Submit Your Details Below: