Wednesday, March 28, 2018

Hindustan Aeronautics IPO listed at 5% discount @ 1152

28-March-2018, Wednesday - Hindustan Aeronautics IPO not able to get a good listing and fall 5% of on the debut on listing day today. The listing was around 1152 on NSE and then came up for a while. The market was not able to sustain on the higher side and it came down again.

HAL India hit a 52 week low of 1121 on NSE while hit a high of 1184.95. The stock was closed at 1132.85 a 6.76% down of its stock price. Another PSU company after Bharat Dynamics list in discount due to less interest of investors and market responded in red on listing day.

Hindustan Aeronautics IPO Subscription: (Fully Subscribed)

Day 10.430.
Day 20.770.
Day 3 1.730.030.390.210.99

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