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Saturday, 17 March 2018

HINDUSTAN AERONAUTICS LIMITED (IPO)

HINDUSTAN AERONAUTICS LIMITED

Nature of business :

  A company was incorporated in August 1963 as Hindustan Aeronautics Limited (HAL). The government-owned corporation is primarily involved in the aerospace and is currently invloved in the design, fabrication and assembly of aircraft, helicopters, jet engines, transport and passenger aircraft and their spare parts. It has several facilities spread across India including Nasik, Korwa, Kanpur, Koraput, Lucknow, Banglore and Hyderabad. HAL is one of the largest aerospace companies in Asia.


Issue Details :

 IPO Begins : 16th March, 2018
 IPO Ends : 20th March, 2018
 Issue Price : Rs.1215 - Rs.1240 Per Equity Share
 Market Lot : 12 Shares
 Amount : Rs.14,580 (for Retail & Employee)
                 Rs.14,880 (for QIB & HNI)
 IPO Size : Rs.4,482 Crore (Approx)
 No. of Equity : 3,41,07,525 Shares 
 Retail Portion : 35%
 Face value : Rs. 10 per Equity Share 
 Basis of allotment : 26th March, 2018
 Initiation of Refunds : 27th March, 2018
 Credit to Demat account : 27th March, 2018
 Listing Date : 28th March, 2018

HAL IPO Lead Managers : 
  • Axis Capital Limited
  • SBI Capital Market Limited
HAL's Promoters :
  •      The President of India
HAL IPO Registrar :
  
    Karvy Computershare Private Limited 
    Phone : +91 40 6716 2222
    Fax : +91 40 2343 1551 
    Email : Hal.ipo@karvy.com
    Website : www.karvycomputershare.com

Company's Address :

  Hindustan Aeronautics Limited (HAL India),     
  15/1, Cubbon Road,
  Bengaluru - 560001
  Phone : +91 80 2232 0001 
  Fax : +91 80 2232 0758 
  Email : investors@hal-india.com
  Website : www.hal-india.com 

Disclaimer :
  
  Listing price would be depend on the market situation.