Bharat Dynamics IPO Dates, Price Band, Market Lot Details

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Bharat Dynamics ipo is in March and its the forth PSU to filed a DRHP for an ipo. The Bharat Dynamics promoted by Government of India working under Ministry of Defence is coming up with an IPO to raise around 900 crore via public offer. Bharat Dynamics was established in 1970. They are manufacturer of guided missiles and defence equipments. The company has net worth around 2212 crore in March 2017. One can apply for the ipo with short term and long term view.

Bharat Dynamics IPO Review:

  • Apply with Short Term and Long Term View

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

Bharat Dynamics Financial:
Being a government firm the company already proved and it will be a superb years in coming. The company already posted a good PAT of 490 crore in 2017 which is down to 17% compare to 2016 but still a good company to invest in for a longer period of time.

Rs. in Crore
2013 2014 2015 2016 2017
Revenues 1636 2306 3253 4601 5198
Expenses 1227 1763 2609 3760 4466
PAT 279 360 444 562 490

Company Promoters:

  • President of India

Quick Links:
DRHP Draft Prospectus
RHP Draft Prospectus

Bharat Dynamics IPO Registrar:
Alankit Assignments Ltd
Telephone: +91 11 42541234
Facsimile: +91 11 41543474
Email: [email protected]
Website: www.alankit.com
Investor Grievance ID: [email protected]
Contact Person: Pankaj Goenka/Bojiman
SEBI Registration Number: INR00000253

Bharat Dynamics IPO Lead Managers:

  • IDBI Capital Markets & Securities Ltd
  • SBI Capital Markets Ltd
  • Yes Securities (India) Ltd

Company Address:
Bharat Dynamics Limited
Kanchanbagh Post
Hyderabad – 500258, Telangana, India.
Phone : 91-040-24587466/24587777 Fax : 91-040-24340464
Email : [email protected]
Website : bdl.ap.nic.in

Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.

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