Hindustan Aeronautics Limited IPO

Hindustan Aeronautics Limited

Issue Open

Mar 16, 2018

Price Band

₹ 1215 - ₹ 1240

Issue Size

₹ 4,482.60 Cr

Credit of Shares to Demat

-

Issue Close

Mar 20, 2018

Bid Lot

12

Listing Exchange

BSE, NSE

Cut off time for UPI Mandate Confirmation

-

Issue Type

Book Built Issue IPO

Minimum Order Quantity

12

Allotment Details

-

Face Value

Rs 10 Per Equity Share

Listing On

Mar 28, 2018

Refunds

-

About the company:

Hindustan Aeronautics Limited is a defence sector based public company operating from Bangalore. HAL has 20 production divisions and 11 R&D centers.

Date of establishment: HAL was established in 1963

Product & Service Offering: HAL is engaged in the design, development, manufacturing and maintenance of aircrafts, helicopters, aero engines, avionics, and  aerospace structures

Promoters of Hindustan Aeronautics ltd.:  President of India is the promoter of HAL through department of defence production, ministry of defence.

Customer segment: HAL provide services to defence services, state governments, para-military forces and private sector corporations.

Objects of the Issue:

The purpose of the offer is to :

-      Carry out the disinvestment of equity shares by the selling shareholders

-      Achieve the benefits of listing the equity shares on the exchanges  

Company Financials:

 

Particulars

For the year/period ended (in Rs. million)

 

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

 

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