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After Bharat Dynamics Ltd, yet another GoI's Defense PSU all set to hit the primary market. Like BDL, Hindustan Aeronautics Ltd IPO is also a part of the GoI's 2017-18 disinvestment plan. Incorporated in August 1963 and promoted by the President of India acting through the Department of Defense Production, Ministry of Defense, GoI, HAL is engaged in the business of design, development, manufacture, repair, overhaul, upgrade and servicing of a wide range of products including, aircraft, helicopters, aero-engines, avionics, accessories and aerospace structures. The company has been conferred with the "Navratna" status by the GoI in June 2007. HAL's operations are organized into five complexes: Bangalore Complex, MiG Complex, Helicopter Complex, Accessories Complex, and Design Complex, which together include 20 production divisions and 11 research and design centres (“R&D Centres”) located across India. It relies on indigenous research as well as enter ...

Bandhan Bank Limited is going to enter the primary market in mid - March 2018. This is 8th mainstream IPO of 2018 and has all the guts to oversubscribe by more than 10 times. In June 2017, its peer AU Small Finance Bank hit the market and proved to be one of the successful IPOs of 2017. It has given an impressive return to its shareholders so far. However, things have changed. The present market scenario is very bearish and the same amount of success can not be expected by Bandhan Bank Ltd especially when there is a big banking fraud is the hot topic of discussion for the nation. Well, Bandhan Bank doesn't need to resort to IPO to garner money. It's already a cash rich company. There is a RBI New Bank Licensing Guidelines, and as per that, the Equity Shares of the Bank are required to get listed on the stock exchanges within three years from the date of commencement of business of the Bank. Bandhan Bank Limited was incorporated on December 23, 2014 and began operations o...

Arjuna : Lord Krishna..!! Bharat Dynamic Limited is going to hit the primary market? Should I apply or avoid? Krishna : Arjuna, I will provide you facts and figures. Based on them, you have to decide whether you want to apply or avoid. Arjuna : Noted. Krishna : Arjuna, a s a part of 72000 Crore disinvestment plan for Fiscal 2018, the GoI (Govt of India) has come up with IPO of BDL (Bharat Dynamics Ltd).  BDL is a wholly-owned GoI company headquartered in Hyderabad and under the administrative control of the MoD (Ministry of Defense), GoI and were conferred the 'Mini-ratna (Category -1)' status by the Department of Public Enterprises, GoI. Arjuna : What does company do? Krishna : BDL is one of the leading defense PSUs in India engaged in the manufacture of Surface to Air missiles (SAMs), Anti-Tank Guided Missiles (ATGMs), underwater weapons, launchers, countermeasures and test equipment. It is the sole manufacturer in India for SAMs, torpedoes, ATGMs. It is...