Bharat Dynamics IPO Allotment, BDL Allotment Status, BDL IPO, Bharat Dynamics IPO
Bharat Dynamics Ltd (BDL) – The subscription process is over and the Bharat Dynamics IPO Allotment Status can be seen online. The company has declared the allotment status online at the registrar’s website. Those investors who have applied for the Bharat Dynamics IPO can now check the allotment status online. Bharat Dynamics is a public sector company and its IPO was subscribed fully on the last date of subscription. In the given section of the website, you can check the IPO allotment status. We are also going to give you some more details about the Bharat Dynamics IPO, which can be beneficial to you. Please check the allotment now.
Bharat Dynamics IPO Allotment
Bharat Dynamics Ltd is a state-owned Public Sector Company (PSU). It is one of the leading defense PSUs in India. The company has given mini-ratna status by the government. The companies IPO was a part of government’s disinvestment plan. The Indian government is selling stakes in public sector companies under its disinvestment policy. The IPO is the part of that policy. More PSU IPOs will come in future. Please check some details about the IPO before going down.
- Name of the company: Bharat Dynamics Ltd
- IPO Open Date: 13th March 2018
- IPO Close Date: 18th March 2018
- Bharat Dynamics IPO Allotment Date: 21st March 2018
- Price band: Rs. 413 to Rs. 428 per share
- Registrar of the IPO: Alankit Assignments Limited
The allotment is out online and can be seen at the Alankit Assignments website by entering application number, pan card number or demat account number.
The Bharat Dynamics wants to collect Rs. 960 crores from this issue. The company offloaded 2.25 crore shares, that is 12.27% stake. The issue was an offer for sale (OFS). The price band of Bharat Dynamics Ltd was fixed at Rs. 413 – Rs. 428 per share. The retail investors and employees were given a discount of Rs 10 per share.
BDL is the only manufacturer of anti-tank guided missiles (ATGMs) and surface to air missiles (SAMs) in India. BDL also manufactures test equipment, underwater weapons, launchers, and countermeasures for the Indian Army. Besides, It is also partnering with DRDO to manufacture the next generation of ATGMs and SAMs. The issue was open from 13th March 2018 to 18th March 2018.
Check the subscription figures of the IPO at the given table:
|Category||SHARES OFFERED||13 March 2018||14 March 2018||15 March 2018|
If you want to check the grey market price of the IPO along with all other details then please check the given links.
BDL IPO Allotment
The company has notified that the BDL IPO Allotment will be declared on the Registrar’s website. The registrar of the IPO is Alankit Assignments Limited. The investors need to check the website of Alankit Assignments for the IPO allotment. There is no other website which will display the allotment. We will also give the direct link to the Bharat Dynamics Allotment status at our website. Investors just need to click on the link to check their allotment.
Bharat Dynamics Allotment Date
The Bharat Dynamics IPO Allotment Date: The IPO allotment is expected on 21st March 2018. We will be updating this page later with the latest information and the link. Please share this page with other investors.