Bharat Dynamics Limited (BDL), a Government of India Enterprise under the Ministry of Defence was established in Hyderabad in the year 1970 to be a manufacturing base for guided missiles and allied defence equipment. Nurtured by a pool of talented engineers drawn from DRDO and aerospace industries, BDL began its journey by producing the 1st Generation Anti -Tank Guided Missile (ATGM) – the French SS11B1. This product was a culmination of a Licence Agreement the Government of India entered into with Aerospatiale, French Republic.
BDL has three manufacturing units, located at Kanchanbagh, Hyderabad, T.S., Bhanur, Medak district, T.S. and Visakhapatnam, A.P. Two New Units are planned at Ibrahimpatnam, Ranga Reddy district, T.S. and Amravathi, Maharashtra.BDL has been working closely with the user as well as the OEM in the upgradation of ATGMs to the class of tandem warhead ATGMs. MILAN – 2 has been upgraded to MILAN – 2T with a tandem warhead to defeat the ERA fitted to modern battle tanks. Similarly, Konkurs ATGM has been upgraded to Konkurs – M ATGM with a tandem warhead, with a similar advantage. This has led to providing more teeth to the soldier on the battlefield and mechanized infantry forces.
Issue Detail:
»» Issue Open: Mar 13, 2018 – Mar 15, 2018
»» Issue Type: Book Built Issue IPO
»» Issue Size: 22,451,953 Equity Shares of Rs 10 aggregating up to Rs 960.94 Cr
»» Face Value: Rs 10 Per Equity Share
»» Issue Price: Rs 413 – Rs 428 Per Equity Share
»» Market Lot: 35 Shares
»» Minimum Order Quantity: 35 Shares
»» Listing At: BSE, NSE