Bharat Dynamics Ltd IPO

Bharat Dynamics Ltd IPO

(Bharat Dynamics IPO) Detail)

Company Promoters :

The Promoter of the company is the President of India acting through the Ministry of Defense. Promoter along with its nominees, currently holds 100% of the pre-offer Equity Share capital of the Company.

Business Description : 

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, Bhutan and Vishakhapatnam.

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
1. Modern facilities and infrastructure to deliver quality products in a timely manner.
2. Increase in indigestion of our products and implementation of the Make in India policy.
3. Strong order book and established financial track record of delivering growth.

Company Financials:

Objects of the Issue:

The objects of the Offer are:

1. To carry out the disinvestment of Equity Shares by the Selling Shareholder.
2. To achieve the benefits of listing the Equity Shares on the Stock Exchanges.

Issue Details:

Issue Type: Book Built Issue IPO 

Face Value: Rs 10 Per Equity Share 

 Market Lot: 35 Shares 

 Minimum Order Quantity: 35 Shares 

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