Incorporated in 1963, Hindustan Aeronautics Limited (HAL) is Bengaluru based Defence Public Sector Undertakings (DPSU) company engaged in the design, development, manufacture, repair, overhaul, upgrade and servicing of a wide range of products including, aircraft, helicopters, aero-engines, avionics, accessories and aerospace structures. HAL is ‘Navratna’ company since June 2007and the largest DPSU. HAL is the 39th largest aerospace company in the world in terms of revenue.
Company has 20 production divisions and 11 R&D centres located across India. Indian Defense Services is the main customer of HAL and account for over 93% of sales. HAL also sell its products and provide services to state governments, para-military forces and corporate.
Strengths of the company
- Experience of over 5 decades in research, design and development, manufacturing and maintenance, repair and overhaul services.
- Established track record in offering product life cycle support .
- 11 dedicated R&D Centres. Company owns one trademark, seven patents, six design registrations and 44 copyrights.
- Largest DPSU in terms of value of production
- Diversified product portfolio which includes fighter aircraft, trainer aircraft, transport aircraft, military helicopter and civil helicopters and their engines, avionics and accessories
Hindustan Aeronautics IPO Details
| Issue Type | Book Built Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹1215 to ₹1240 per equity share |
| Market Lot | 12 Shares |
| Min Order Quantity | 12 Shares |
| Listing At | BSE, NSE |
| BSE Script Code | 541154 |
| NSE Symbol | HAL |
| ISIN | INE066F01012 |
| Issue Size | Aggregating up to ₹4,144.06 Cr |
| Offer for Sale | Aggregating up to ₹[.] Cr |
Hindustan Aeronautics IPO Tentative Timetable
| PARTICULAR | DATE |
| IPO Open Date | 16-Mar-18 |
| IPO Close Date | 20-Mar-18 |
| Basis of Allotment Date | 26-Mar-18 |
| IPO Listing Date | 28-Mar-18 |
Hindustan Aeronautics IPO Lot Size
| Application | Lots | Shares | Amount (Cut-off) |
| Minimum | 1 | 12 | ₹14,880 |
| Maximum | 13 | 156 | ₹193,440 |
IPO Allotment Status
Please Click Hare To Check IPO Allotment Status For Hindustan Aeronautics Limited
Company Promoters:
Promoter of HAL is the President of India, acting through the Department of Defence Production, Ministry of Defence.
The promoter currently holds, 100% of the pre-Offer paid-up Equity Share capital of the Company. Assuming the sale of all Offered Shares, the Promoter shall hold around 90% of the post-Offer paid-up Equity Share capital of the Company.
Company Financials:
| PARTICULAR | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 |
| Total Assets | 515,523 | 565,319 | 624,203 |
| Total Revenue | 195,969 | 187,548 | 173,620 |
| Profit After Tax | 26,247 | 20,043 | 9,941 |
Objects of the Issue:
Company will not receive any proceeds from the Offer and all proceeds shall go to the Selling Shareholder
The objects of the Offer are:
- To carry out the disinvestment of 34,107,525 Equity Shares by the Selling Shareholder (President of India) constituting 10% of the Company�s pre-Offer paid up Equity Share capital the Company; and
- To achieve the benefits of listing the Equity Shares on the Stock Exchanges.
Registrar & Comapny Details
| Company Contact Information | Hindustan Aeronautics IPO Registrar |
| Hindustan Aeronautics Limited 15/1 Cubbon Road, Bengaluru 560 001 Phone: +91 (80) 2232 0001 Email: investors@hal-india.com Website: http://www.hal-india.com/ | KFintech Private Limited Selenium Building, Tower-B, Plot No 31 & 32, Financial District,Nanakramguda, Serilingampally, Rangareddi, Telangana India – 500 032. Phone: 1-800-3454001 Email: hal.ipo@karvy.com Website: https://karisma.kfintech.com/ |
