Bharat Dynamics (BDL) looked good when the gmp started but some how it came down. As the price seems to be good with discount is an offer for employees and retailers. It is good to subscribe with a long term gain. There might be less return on listing day as the gmp is going down but for long term the company will give a good returns for sure. Check Bharat Dynamics ipo gmp by day to day.
Bharat Dynamics IPO Subscription: (Fully Subscribed)
| Day | QIB | NII | RII | EMP | Total |
| Day 1 | 0.50 | 0.01 | 0.21 | 0.09 | 0.32 |
| Day 2 | 0.50 | 0.07 | 0.57 | 0.19 | 0.46 |
| Day 3 | 1.50 | 0.51 | 1.39 | 0.04 | 1.29 |
Bharat Dynamics IPO Dates & Price Band: (Approx)
- IPO Open: 13-March-2018
- IPO Close: 15-March-2018
- IPO Size: Approx Rs.960 Crore (Approx)
- Face Value: Rs.10 Per Equity Share
- Price Band: Rs.413 to 428 Per Share
- Listing on: BSE & NSE
- Retail Portion: 35%
- Equity: 22,451,953 Shares
- Retail & Employee Discount: Rs.10
Bharat Dynamics IPO Market Lot:
- Shares: Apply for 35 Shares (Minimum Lot Size)
- Amount: Rs.14,630 (For Retail & Employee)
- Amount: Rs.14,980 (For QIB & HNI)
Bharat Dynamics IPO Allotment & Listing:
- Basis of Allotment: 20-March-2018
- Refunds: 21-March-2018
- Credit to demat accounts: 22-March-2018
- Listing: 23-March-2018
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fingers crossed ! 🤞