Friday, March 09, 2018

Hindustan Aeronautics IPO Dates, Price Band, Market Lot Details

Hindustan Aeronautics ipo is geared up and coming on the 16th March. The company is engaged in manufacturing, development, design, repair and servicing of products like helicopters, aero-engines, aero space structures, aircrafts and many more. HAL India has the unique products portfolio and the operations has names like Bangalore Complex, MiG Complex, Helicopter Complex, Accessories Complex, and Design Complex and they have over 11 production division with 11 R&D centers in India. Their major domestic customers are Indian Air Force, Indian Army, Indian Navy, Indian Coast Guard, Indian Space Research Organisation, Defence Research & Development Organisation, Ordnance Factory Board, ,Border Security Force, Oil & Natural Gas Cooperation of India, Govt. of Karnataka, Govt. of Jharkhand, Govt. of Maharshtra, Geological Survey of India, Bharat Heavy Electricals Ltd. They export their products in France, USA, Mauritius, Israel, Ecuador, Namibia, Nepal, Russia, UK, Oman, Malaysia, Thailand, Germany and Vietnam. The company received "Excellent" rating from Government of India from 2002 to 2016.

Hindustan Aeronautics (HAL India) IPO Review:
  • Apply for Listing Gain & Long Term Gain
Hindustan Aeronautics IPO Dates & Price Band: (Approx)
  • IPO Open: 16-March-2018
  • IPO Close: 20-March-2018
  • IPO Size: Approx Rs. 4482 Crore (Approx)
  • Face Value: Rs.10 Per Equity Share
  • Price Band: Rs.1214 to 1240 Per Share
  • Listing on: BSE & NSE
  • Retail Portion: 35%
  • Equity: 34,107,525 Shares
  • Discount:  Rs.25 for Retail & Employee
Hindustan Aeronautics IPO Market Lot:
  • Shares: Apply for 12 Shares (Minimum Lot Size)
  • Amount: Rs.14,580 (For Retail & Employee)
  • Amount: Rs.14,880 (For QIB & HNI)
Hindustan Aeronautics IPO Allotment & Listing:
  • Basis of Allotment: 26-March-2018
  • Refunds: 27-March-2018
  • Credit to demat accounts: 27-March-2018
  • Listing: 28-March-2018
Hindustan Aeronautics (HAL) Financial:
As the company has unique products and the mass products comes with a good results as well. HAL India posted 2631 crore of PAT in 2017 compared to 2631 crore in 2016 which is good one. As the company has reports a good results seems upcoming years will be a good and steady growth. One can apply for long term for sure.

Rs. in Crore

2013 2014 2015 2016 2017
Revenues 17221 17328 17362 18755 19597
Expenses 13471 13677 15689 15553 16022
PAT 3217 2541 929 2011 2631

Company Promoters:
  • The President of India
Quick Links:
DRHP Draft Prospectus
RHP Draft Prospectus

Hindustan Aeronautics (HAL India) IPO Registrar:
Karvy Computershare Private Limited
Phone: +91 40 6716 2222
Fax: +91 40 2343 1551

Hindustan Aeronautics IPO Lead Managers:
  • SBI Capital Markets Limited
  • Axis Capital Limited
Company Address:
Hindustan Aeronautics Limited (HAL India)
15/1, Cubbon Road
Bengaluru 560 001
Phone: +91 80 2232 0001
Fax: +91 80 2232 0758