Issue Price
₹428
Per Share
GMP
NIL
Grey Market
Est. Listing
₹428
Expected Price
Min. Application
₹29,960
2 lots × 35 shares
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, Bhanur and Vishakhapatnam.Company is the sole manufacturer in India for SAMs, torpedoes and ATGMs. Company is also the sole supplier of SAMs and ATGMs to the Indian armed forces. Additionally, company is engaged in the business of refurbishment and life extension of missiles manufactured. 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 Strengths1. Modern facilities and infrastructure to deliver quality products in a timely manner.2. Increase in indigenisation of our products and implementation of the 'Make in India' policy.3. Strong order book and established financial track record of delivering growth.
Bharat Dynamics Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| TOTAL | 22,451,953 | 100.00% | ₹960.94 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 35 | ₹14,980 |
| Retail (Max) | 13 | 455 | ₹194,740 |
| sNII (Min) | 14 | 490 | ₹209,720 |
| bNII (Min) | 68 | 2,380 | ₹1,018,640 |
| Particulars | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 |
|---|---|---|---|
| Revenue from Operations | 5198.07 | 4601.38 | 3253.23 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 490.32 | 562.07 | 443.55 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 8600.79 | 9640.63 | 8411.97 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |