Hindustan Aeronautics IPO is another PSU company after Bharat Dynamics which was just gone from subscription stage. As the Bharat Dynamics not able to get the good subscription numbers Hindustan Aeronautics might not able to get the same. The price band is on higher side and the grey market is not up the the mark. We suggest to invest for longer term. Check Hindustan Aeronautics ipo gmp by day to day.
Hindustan Aeronautics IPO Subscription: (Fully Subscribed)
| Day | QIB | NII | RII | EMP | Total |
| Day 1 | 0.43 | 0.00 | 0.07 | 0.03 | 0.23 |
| Day 2 | 0.77 | 0.02 | 0.20 | 0.12 | 0.45 |
| Day 3 | 1.73 | 0.03 | 0.39 | 0.21 | 0.99 |
Hindustan Aeronautics IPO Dates & Price Band: (Approx)
- IPO Open: 16-March-2018
- IPO Close: 20-March-2018
- IPO Size: Approx Rs. 4482 Crore (Approx)
- Face Value: Rs.10 Per Equity Share
- Price Band: Rs.1214 to 1240 Per Share
- Listing on: BSE & NSE
- Retail Portion: 35%
- Equity: 34,107,525 Shares
- Discount: Rs.25 for Retail & Employee
Hindustan Aeronautics IPO Market Lot:
- Shares: Apply for 12 Shares (Minimum Lot Size)
- Amount: Rs.14,580 (For Retail & Employee)
- Amount: Rs.14,880 (For QIB & HNI)
Hindustan Aeronautics IPO Allotment & Listing:
- Basis of Allotment: 26-March-2018
- Refunds: 27-March-2018
- Credit to demat accounts: 27-March-2018
- Listing: 28-March-2018
