Hindustan Aeronautics Limited (HAL) is an Indian state-owned aerospace and defence company based in Bangalore, Karnataka. It is governed under the management of the Indian Ministry of Defence. The government-owned corporation is primarily involved in the operations of the aerospace industry. These include manufacturing and assembly of aircraft, navigation and related communication equipment and airports operation. HAL built the first military aircraft in South Asia. It is currently involved in the design, fabrication and assembly of aircraft, jet engines, helicopters and their spare parts. It has several facilities spread across India. The locations where the manufacturing plants are operated by HAL include Nasik, Korwa, Kanpur, Koraput, Lucknow, Bangalore and Hyderabad. The German engineer Kurt Tank designed the HAL HF-24 Marut fighter-bomber, the first fighter aircraft made in India.
Issue Detail:
»» Issue Open: Mar 16, 2018 – Mar 20, 2018
»» Issue Type: Book Built Issue IPO
»» Issue Size: 34,107,525 Equity Shares of Rs 10 aggregating up to Rs 4,144.06 Cr
› Offer for Sale of 34,107,525 Equity Shares of Rs 10 aggregating up to Rs [.] Cr
»» Face Value: Rs 10 Per Equity Share
»» Issue Price: Rs 1215 – Rs 1240 Per Equity Share
»» Market Lot: 12 Shares
»» Minimum Order Quantity: 12 Shares
»» Listing At: BSE, NSE
Retail & Employee Discount
Rs 25 Per Share discount is offered to Retail & Employee investors