- Have you read these stories?
- Hindustan Aeronautics Limited IPO -- HAL IPO 2018 Review -- HAL IPO Date
- HAL IPO
- Objectives of the HAL IPO:
- HAL IPO Grey Market Price, Rates, BDL GMP Premium
- Hindustan Aeronautics Limited (HAL) IPO, Price, Date, Subscription, Allotment, GMP, Grey Market, Listing Date
- HAL IPO Subscription Details
- Hindustan Aeronautics (HAL) IPO Allotment Status
- HAL Listing Date
- About Hindustan Aeronautics Limited IPO :
Hindustan Aeronautics Ltd IPO, HAL IPO Details
HAL IPO Allotment, Hindustan Aeronautics IPO Listing Date, IPO Share Price, Date, Price, Subscription, Financials, Review, Ratings, Poll, Address and other details.
Hindustan Aeronautics Limited (HAL) is planning to launch an initial public offering (IPO).
Have you read these stories?
As we all know that the HAL is a state-owned company and its IPO is a part of government disinvestment plan. The IPO of HAL is expected in the month of January 2018 as per the sources.
The exact date is not announced yet by the company. In 2012, The Union government had approved the share sale in HAL. HAL wants to sell 10% of the company’s shareholding or 36,150,000 shares.
The disinvestment decision of HAL share sale comes five years after it was first mooted.
HAL filed its IPO proposal to SEBI on September 29, 2017. The company got SEBI’s nod for an IPO on October 30, 2017.
Now HAL is ready for the IPO and it can launch its IPO anytime soon. The company is waiting for the right time and right market conditions.
Though the government did not disclose the HAL’s valuation, as per the sources, Government can raise around Rs. 2,000 from this IPO.
Hindustan Aeronautics Limited IPO -- HAL IPO 2018 Review -- HAL IPO Date
The state has already raised Rs. 4,284 crore by selling a portion of its stake in March 2016 to improve price-to-earnings.
The move was aimed to make its IPO more attractive to investors.
The company has fixed the price band of its IPO to , the IPO of HAL would be open for the subscription between . Investors who want to apply for the initial public offering of HAL can check the given section of our website.
Investors can find all relevant information about the HAL IPO such as Hindustan Aeronautics Allotment Status, Daily subscription figures, IPO Prospectus, HAL IPO Date, HAL IPO Price Band, Listing dates, Review, Recommendations, Poll, Address and more.
About the company: Hindustan Aeronautics Limited (HAL) is a Government of India (GOI) owned aerospace and defense company.
The company is located in Bangalore, Karnataka. The company was founded in 1940 as Hindustan Aircraft and it was renamed to Hindustan Aeronautics in 1964. It is the 39th largest aerospace company in the world in terms of revenue.
Objectives of the HAL IPO:
The company is engaged in the design, development, manufacture, overhaul, repair, upgrade and servicing of various products such as aircraft, aero-engines, avionics, helicopters, accessories and aerospace structures.
To know more about the company, Please see HAL Website: http://www.hal-india.com
Company Promoter: The president of India, acting through the Department of defense production, Ministry of defense.
Objects of the Issue
HAL IPO Grey Market Price, Rates, BDL GMP Premium
|27 March 2018||At Par|
*** At par means “equal to share value.”
Hindustan Aeronautics Limited (HAL) IPO, Price, Date, Subscription, Allotment, GMP, Grey Market, Listing Date
The lead managers of HAL IPO are SBI Capital Markets Limited and Axis Capital Limited.
Karvy Computershare Private Limited has been assigned the IPO of HAL.
HAL IPO Subscription Details
|Category||SHARES OFFERED||16 March 2018||19 March 2018||20 March 2018|
Hindustan Aeronautics (HAL) IPO Allotment Status
The allotment of the IPO of Hindustan Aeronautics Limited will be done online at the Karvy website and all the relevant details and link will be provided here.
Please check this page time to time.
Check Allotment Now
HAL Listing Date
The shares of HAL will be listed on 28th March 2018. The listing date of Hindustan Aeronautics IPO will be notified later.
Listing Day Figures (28th March 2018)
|BSE (541154)||NSE (HAL)|
About Hindustan Aeronautics Limited IPO :
Hindustan Aeronautics Limited Address
Download HAL IPO Prospectus – Click Here.
- Achieve the benefit of listing the Equity Shares on the Stock Exchanges.
- 10% disinvestment of 36,150,000 Equity Shares.
- Sale of Equity Shares by the Selling Shareholders (GOI).
|Name||Hindustan Aeronautics Limited (HAL)|
|Open Date||16 March 2018|
|Close Date||20 March 2018|
|Allotment Date||26 March 2018|
1215 - Rs. 1240 Per Equity Share
|Lot Size||12 Shares|
|Minimum Order Quantity||12 Shares|
|Issue Type||Book Built Issue IPO|
|Issue Size||Initial public offering of 36,150,000 equity shares of face value of Rs. 10 each.|
|Lead Manager||SBI Capital Markets Limited, Axis Capital Limited|
|Registrar||Karvy Computershare Private Limited|
|Listing at||NSE / BSE|