Incorporated in 1970, Bharat Dynamics Ltd is Hyderabad based wholly-owned GoI company engaged in the manufacture of Surface to Air missiles (SAMs), Anti-Tank Guided Missiles (ATGMs), underwater weapons, launchers, countermeasures and test equipment. Bharat Dynamic have three manufacturing facilities located in Hyderabad, Bhanur and Vishakhapatnam.
Company is the sole manufacturer in India for SAMs, torpedoes and ATGMs. Company is also the sole supplier of SAMs and ATGMs to the Indian armed forces. Additionally, company is engaged in the business of refurbishment and life extension of missiles manufactured. Company is intend to offer products such as Akash SAM, light weight torpedoes and countermeasure dispensing system to the international markets in near future.
Bharat Dynamics have over 3165 full-time employees, which includes 863 engineers.
1. Modern facilities and infrastructure to deliver quality products in a timely manner.
2. Increase in indigenisation of our products and implementation of the 'Make in India' policy.
3. Strong order book and established financial track record of delivering growth.
The Promoter of the company is the President of India acting through the Ministry of Defence. Promoter along with its nominees, currently holds 100% of the pre-Offer Equity Share capital of the Company.
|Particulars||For the year/period ended (in Rs. million)|
|Profit After Tax||4,903.19||5,620.69||4,435.48|
The objects of the Offer are:
1. to carry out the disinvestment of [●] Equity Shares by the Selling Shareholder;
2. to achieve the benefits of listing the Equity Shares on the Stock Exchanges.
»» Issue Open: Mar 13, 2018 - Mar 15, 2018
»» Issue Type: Book Built Issue IPO
»» Issue Size: 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 - Rs 428 Per Equity Share
»» Market Lot: 35 Shares
»» Minimum Order Quantity: 35 Shares
»» Listing At: BSE, NSE
A discount of Rs 10 per equity share on offer price is offered to retail and employees.
Bharat Dynamics IPO Subscription Status tells if Bharat Dynamics IPO subscribed or not. Investors can bid for IPO shares between 10 AM to 5 PM when public issue is open. Bharat Dynamics IPO oversubscribed if bids are received for more shares than what is offered by the company.
|Number of Times Subscribed (BSE + NSE)|
|As on Date & Time||QIB||NII||RII||Employee||Total|
|Shares Offered / Reserved||10,996,874||3,299,063||7,697,813||458,203||22,451,953|
|Day 1 - Mar 13, 2018 17:00 IST||0.5000||0.0200||0.2100||0.0800||0.3200|
|Day 2 - Mar 14, 2018 17:00 IST||0.5000||0.0800||0.5700||0.1900||0.4600|
|Day 3 - Mar 15, 2018 17:00 IST||1.5000||0.5000||1.3700||0.4000||1.2900|
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