IPO
Explore our secure online trading, IPO bidding, mutual fund investments, and depository services, all designed to provide seamless transactions, expert insights, and real-time market access for smart investing

Bharat Dynamics Ltd
Bharat Dynamics Ltd
Registered Office : Kanchanbagh Post,,Hyderabad Telangana 500258 Phone : 91-40-24344979
Fax : 91-40-24340660
Email : investors@bdl-india.in
Website : www.bdl-india.in
Initial public offering of 22,451,953 equity shares of face value of Rs.10 each ("equity shares") of Bharat Dynamics Limited (the "company" or the "issuer") through an offer for sale by the promoter, the president of india, acting through the ministry of defence, government of india (the "selling shareholder"), for cash at a price of Rs.428* per equity share (the "offer price"), aggregating to Rs.952.79# Crores (the "offer"). The Company has reserved a portion of 458,203 equity shares for allocation and allotment to eligible employees (as defined herein), ("employee Reservation portion"). The offer less employee reservation portion is referred to as the net offer. The offer and the net offer constitute 12.25% and 12.00% respectively, of the pre and 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 Rs.428 per equity share and is 42.8 times the face value of the equity shares *a discount of approximately 2.34% on the offer price was offered to retail individual bidders ("retail discount") equivalent to Rs.10 per equity share and to eligible employees bidding in the employee Reservation portion ("employee discount") equivalent to Rs.10 per equity share. # subject to finalisation of basis of allotment.
Opens On
Closes On
13-Mar-2018
15-Mar-2018
Application
Allotment
428.00
0.00
Minimum Application for shares in Nos : 35.0 Further Multiples of : 35.0
₹Cr
Lead Managers to the Issue
Project Cost (₹.Cr)
Project Financed through Current Offer (₹.Cr)
Post Issue Equity Share Capital (₹.Cr)
Issue Price (₹.Cr)
25.73
952.79
183.28
428.00
IDBI Capital Markets & Securities Ltd
SBI Capital Markets Ltd
Yes Securities (India) Ltd
- Disinvestment of 22451953 shares by the selling shareholders
- Listing shares on the Stock Exchanges
- The President of India
- BSE
- NSE
- Alankit Assignments Ltd