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Bharat Dynamics IPO
₹389.80
−8.93% on listing
Listing-day close · NSE · 23 Mar 2018 · issue price ₹428
Bharat Dynamics’ ₹952 crore IPO was priced at ₹428 a share. It listed on the NSE on 23 Mar 2018 and closed its first day at ₹389.80, down 8.93% on the issue price.
Timeline
- Opens
- Closes
- Allotment
- Listing
Issue details
- Issue size
- ₹952 Cr
- Fresh issue
- —
- Offer for sale
- ₹952 Cr
- Lot size
- 35 shares
- Minimum investment
- ₹14,980
- Face value
- ₹10
- Registrar
- Alankit Assignments
Subscription
| Category | Shares offered | Times subscribed |
|---|---|---|
| Total | — | 1.26× |
Overall, from the basis of allotment.
Financials and valuation
- Market cap (post-issue)
- ₹7,844 Cr
- Promoter holding
- 100.00% → 87.75%
From the offer documents.
Listing
- Listing date
- 23 Mar 2018
- Issue price
- ₹428
- Open
- ₹370.00
- High
- ₹402.70
- Low
- ₹362.00
- Close
- ₹389.80
Listing day on the NSE. The close was −8.93% on the issue price.
BDL share price todayFAQs
When did the Bharat Dynamics IPO open and close?
It opened on 13 Mar 2018 and closed on 15 Mar 2018.
What was the Bharat Dynamics IPO price?
The price band was ₹413–428 a share. The final issue price was ₹428.
What is the lot size and minimum investment?
One lot is 35 shares, ₹14,980 at ₹428 a share. Retail investors apply in whole lots.
How much did Bharat Dynamics raise?
₹952 crore: ₹952 crore offered by existing shareholders.
How many times was the Bharat Dynamics IPO subscribed?
1.26 times overall.
How did Bharat Dynamics list?
It listed on the NSE on 23 Mar 2018 at ₹370.00 and closed the day at ₹389.80, down 8.93% on the ₹428 issue price.
Who is the registrar of the Bharat Dynamics IPO?
Alankit Assignments handles the allotment, refunds and credit of shares.
For information only. Not investment advice or a research report.
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