Bharat Dynamics Limited Profile
Bharat Dynamics Limited (BDL) established in Hyderabad in the year 1970. BDL is a Government of India Enterprise under the Ministry of Defence. BDL is to be a manufacturing base for guided missiles and allied defence equipment. Developed by a pool of talented engineers drawn from DRDO and aerospace industries, BDL began its journey by producing the 1st Generation Anti -Tank Guided Missile (ATGM) – the French SS11B1. This product was a conclusion of a Licence Agreement the Government of India entered into with Aerospatiale, French Republic. BDL has three manufacturing units, located at Kanchanbagh, Hyderabad, T.S., Bhanur, Medak district, T.S. and Visakhapatnam, A.P. Two New Units are planned at Ibrahimpatnam, Ranga Reddy district, T.S. and Amravati, Maharashtra.
BDL, a Miniratna Category – I Public Sector Enterprise, is among a few manufacturing industries in the world having abilities to produce state-of-the-art guided weapon systems. BDL is proud to be the lead integrator of the Akash Weapon System (AWS). The 3 Units of Bharat Dynamics are Kanchanbagh, Bhanur and Visakhapatnam Units have been certified with ISO: 14001:2004 Environmental Management System. Most of the products of the company are single shot devices, which call for utmost quality and consistency. Quality Policies have been set out to accomplish this objective with an emphasis on ensuring quality right from basic input levels till the realization of the final product.
Bharat Dynamics Limited Key Strengths
- A world-class enterprise producing international standard quality products for the Defence industry.
- BDL’s Rapid Indigenization & Engineering Team (RIET) has been formed to focus on “Make in India”.
- Encourage team spirit, inventive ideas and work with speed and quality towards the translucent & accountable system.
Bharat Dynamics Limited Promoters:
The Promoters of the Company are: The President of India, Acting through the Ministry of Defence, Government of India
Bharat Dynamics Limited IPO details:
Symbol: BDL
Issue Size: The Initial Public offer of 22,451,953 Equity Shares
Face Value: Rs 10
Price Range: Rs 413 to Rs 428
Issue Type: 100% Book Building
Bid Lot: 35 Equity Shares and in multiples thereof
Minimum Order Quantity: 35 Equity Shares
Issue Period: 13-March-2018 to 15- March-2018
Maximum Subscription Amount for Retail Investor: Rs. 2,00,000
Registrar: Alankit Assignment Limited
Listing At: BSE, NSE
IPO Market Timings: 10.00 a.m. to 5.00 p.m.
Bharat Dynamics Limited Financials:
| Bharat Dynamics Limited financial performance (in INR crore) | ||||||
| FY2013 | FY2014 | FY2015 | FY2016 | FY2017 | H1 FY2018 | |
| Total revenue | 1,635.7 | 2,305.7 | 3,253.2 | 4,601.4 | 5,198.1 | 2,190.3 |
| Total expenses | 1,226.5 | 1,763.4 | 2,609.3 | 3,760.1 | 4,465.9 | 1,902.2 |
| Profit after tax | 278.8 | 360.1 | 443.5 | 562.1 | 490.3 | 172.6 |
Bharat Dynamics Limited IPO Subscription Details:
| Category | Shares offered | Subscription (no. of times) | ||
| Day1 | Day 2 | Day 3 | ||
| QIB | 10996874 | 0.50 | 0.50 | 1.50 |
| NII | 3299063 | 0.02 | 0.08 | 0.50 |
| Retail | 7697813 | 0.21 | 0.57 | 1.37 |
| Employees | 458203 | 0.08 | 0.19 | 0.40 |
| Total | 22451953 | 0.32 | 0.46 | 1.29 |
Bharat Dynamics Limited Grey Market Price, Rates, GMP Premium
Bharat Dynamics IPO Grey Market Premium (GMP) as on 22 March 2018 today at Rs. 3 with Kostak at n/a.
Bharat Dynamics IPO Grey Market Premium (GMP) as on 21March 2018 at Rs. 5 with Kostak at n/a.
Bharat Dynamics IPO Grey Market Premium (GMP) as on 19 March 2018 at Rs. 5 with Kostak at n/a.
Bharat Dynamics IPO Grey Market Premium (GMP) as on 16 March 2018 at Rs. 5 with Kostak at n/a.
Bharat Dynamics IPO Grey Market Premium (GMP) as on 15 March 2018 t at Rs. 5 with Kostak at n/a.
Bharat Dynamics IPO Grey Market Premium (GMP) as on 14 March 2018 at Rs. 10-15 with Kostak at n/a.
Bharat Dynamics IPO Grey Market Premium (GMP) as on 13 March 2018 at Rs. 10-15 with Kostak at n/a.
Bharat Dynamics IPO Grey Market Premium (GMP) as on 12 March 2018 at Rs. 10-15 with Kostak at n/a.
Bharat Dynamics IPO Grey Market Premium (GMP) as on 9 March 2018 at Rs. 25-30 with Kostak at n/a.
Bharat Dynamics Grey Market Premium (GMP) as on 8 March 2018 at Rs. 25-30 with Kostak at n/a.
Bharat Dynamics Limited Allotment Status:
Bharat Dynamics Limited IPO Allotment Date: 20 March 2018
Bharat Dynamics Limited IPO Listing Date: 23 March 2018
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