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Hindustan Aeronautics Ltd

Registered Office : Post Box No 5150,15/1 Cubbon Road,Bangalore Karnataka 560001 Phone : 91-080-22320001
Fax : 91-080-22320758

Email : cosec@hal-india.com

Website : https://www.hal-india.co.in/home

Initial public offering of 34,107,525# equity shares of face value of Rs.10 each ("equity shares") of Hindustan Aeronautics Limited (the "company" or the "issuer") through an offer for sale by the President of India, acting through the department of defence production, Ministry of Defence, Government of India (the "selling shareholder"), for cash at a price of Rs. 1,215* per equity share (the "offer price"), aggregating to Rs.4113.13# Crores (the "offer") the offer shall constitute 10.20% of the post-offer paid-up equity share capital of the company. The offer comprises of a net offer (defined below) of 33,438,750 equity shares and an employee reservation portion (defined below) of up to 668,775 equity shares. The offer and the net offer shall constitute 10.20% and 10%, respectively of the post-offer paid-up equity share capital of the company. The face value of the equity shares is Rs.10 each. The offer price is 121.5 times the face value of the equity shares. *a discount of Rs. 25 per equtiy share on the offer price was offered to retail individual bidders ("retail discount") and to eligible employees (defined below) bidding in the employee reservation portion ("employee discount"). # subject to final subscription figures and finalisation of the basis of allotment.

Issue

Opens On

Closes On

16-Mar-2018

20-Mar-2018

Money Payable On

Application

Allotment

1,215.00

0.00

Minimum Application for shares in Nos : 12.0 Further Multiples of : 12.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

19.50

4,113.13

334.39

1,215.00

Axis Capital Ltd

SBI Capital Markets Ltd

Projects

Disinvestment of 34107525 Shares by the Selling Shareholders

Listing of Shares on Stock Exchanges

Promoted By

The President of India

Listing At

Registrar to the Issue

KFin Techologies Ltd