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.
Competitive Strengths
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) | |||
---|---|---|---|---|
31-Mar-17 | 31-Mar-16 | 31-Mar-15 | ||
Total Assets | 86,007.92 | 96,406.32 | 84,119.70 | |
Total Revenue | 51,980.73 | 46,013.75 | 32,532.28 | |
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 Eq Shares of ₹10 (aggregating up to ₹960.94 Cr) |
Face Value | ₹10 Per Equity Share |
Issue Price | ₹413 to ₹428 Per Equity Share |
Market Lot | 35 Shares |
Min Order Quantity | 35 Shares |
Listing At | BSE, NSE |
Application | Lots | Shares | Amount (Cut-off) |
---|---|---|---|
Minimum | 1 | 35 | ₹14,980 |
Maximum | 13 | 455 | ₹194,740 |
A discount of Rs 10 per equity share on offer price is offered to retail and employees.
No. of Times Issue Subscribed (BSE + NSE) | |||||
---|---|---|---|---|---|
As on Date & Time | QIB | NII | RII | Employee | Total |
Shares Offered | 10,996,874 | 3,299,063 | 7,697,813 | 458,203 | 22,451,953 |
Mar 15, 2018 17:00 | 1.50x | 0.50x | 1.37x | 0.40x | 1.29x |
Listing Date | Friday, March 23, 2018 |
BSE Script Code | 541143 |
NSE Symbol | BDL |
Listing In | B |
ISIN | INE171Z01018 |
Issue Price | ₹428 Per Equity Share |
Face Value | ₹10 Per Equity Share |
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Bharat Dynamics Ltd
Kanchanbagh,
Hyderabad – 500 058
Phone: +91 40 2434 4979
Email: investors@bdl-india.com
Website: http://www.bdl.india.com
Alankit Assignments Ltd
Alankit House 2E/21,
Jhandewalan Extension,
New Delhi - 110055
Phone: (011) 4254 1234
Email: bdl_ipo@alankit.com
Website: https://www.alankit.com/
Bharat Dynamics IPO is a main-board initial public offering of 22,451,953 equity shares of the face value of ₹10 aggregating up to ₹960.94 Crores.
The issue price of the IPO is ₹413 to ₹428 Per Equity Share. The minimum order quantity is 35 Shares per application and the offer type is Book Built Issue.
The IPO opens on Mar 13, 2018 and closes on Mar 15, 2018.
Alankit Assignments Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The Bharat Dynamics IPO opens on Mar 13, 2018 and closes on Mar 15, 2018.
Bharat Dynamics IPO application can be done through banks using ASBA online or through stock brokers trading account using UPI. All popular banks i.e. HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e. Zerodha, Sharekhan) using UPI as a payment method.
The finalization of Basis of Allotment for Bharat Dynamics IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Bharat Dynamics IPO allotment status.
Bharat Dynamics IPO lot size is 35 Shares and the minimum order quantity is 35 Shares.
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