Bharat Dynamics Limited IPO
Bharat Dynamics Limited was a mainboard IPO in the Aerospace & Defense sector, offered at ₹206.5–₹214 per share to raise ₹961 crore. The issue was subscribed 1.3× overall (QIBs 1.5×, NIIs 0.5×, retail 1.41×). It listed on 23 Mar 2018 at ₹185 and closed its first day at ₹195, a listing loss of -8.9% versus the ₹214 issue price. It now trades around ₹974 (+355.1% versus the issue price).
Frequently asked questions
- How many times was the Bharat Dynamics Limited IPO subscribed?
- The Bharat Dynamics Limited IPO was subscribed 1.3× overall — 1.5× in the QIB category, 0.5× among non-institutional investors, 1.41× in retail.
- What were the Bharat Dynamics Limited IPO listing gains?
- Bharat Dynamics Limited listed on 23 Mar 2018 at ₹185, closing its first day at ₹195 — a listing loss of -8.9% versus the ₹214 issue price.
- What were the retail allotment odds for the Bharat Dynamics Limited IPO?
- Retail was subscribed 1.41×, so a single-lot application had roughly a 70.9% chance of allotment — most applicants were allotted, and allotment was finalised on 19 Mar 2018.
- What was the price band and lot size of the Bharat Dynamics Limited IPO?
- The price band was ₹206.5–₹214 per share, with a minimum lot of 35 shares (₹7,490 at the upper band).
- Who were the registrar and lead manager for the Bharat Dynamics Limited IPO?
- Alankit Assignment Limited was the registrar, and SBI Capital Markets was the book-running lead manager.