Bharat Dynamics IPO Subscription Numbers & Status, IPO Subscribed 1.29 times

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

Vijay Prajapati

An experienced stock market professional with expertise in IPO research, market insights, and equity strategies. With a strong background in research and capital markets, he delivers comprehensive coverage on upcoming IPOs, subscription patterns, grey market premium (GMP), and post-listing performance, along with detailed reviews, recommendations, and technical analysis.

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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.