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
- Modern facilities and infrastructure to deliver quality products in a timely manner.
- Increase in indigenisation of our products and implementation of the ‘Make in India’ policy.
- Strong order book and established financial track record of delivering growth.
Bharat Dynamics IPO Details
| Issue Type | Book Built Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹413 to ₹428 per equity share |
| Market Lot | 35 Shares |
| Min Order Quantity | 35 Shares |
| Listing At | BSE, NSE |
| BSE Script Code | 541143 |
| NSE Symbol | BDL |
| ISIN | INE171Z01018 |
| Issue Size | Aggregating up to ₹960.94 Cr |
Bharat Dynamics IPO Tentative Timetable
| PARTICULAR | DATE |
| IPO Opening Date | 13-Mar-18 |
| IPO Closing Date | 15-Mar-18 |
| Basis of Allotment Date | |
| Listing Date | Friday, March 23, 2018 |
Bharat Dynamics IPO Lot Size
| Application | Lots | Shares | Amount (Cut-off) |
| Minimum | 1 | 35 | ₹14,980 |
| Maximum | 13 | 455 | ₹194,740 |
IPO Allotment Status
Please Click Hare To Check IPO Allotment Status for Bharat Dynamics Ltd
Company Promoters:
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.
Company Financials:
| PARTICULAR | 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 |
Objects of the Issue:
The objects of the Offer are:
- to carry out the disinvestment of [?] Equity Shares by the Selling Shareholder;
- to achieve the benefits of listing the Equity Shares on the Stock Exchanges.
Registrar & Company Details
| Company Contact Information | Bharat Dynamics IPO Registrar |
| 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/ |
