Hindustan Aeronautics Limited Ipo News

Hindustan aeronautics limited ipo news

Hindustan aeronautics limited ipo news

Hindustan Aeronautics Limited is a defence sector based public company operating from Bangalore.

HAL has 20 production divisions and 11 R&D centers.

Date of establishment: HAL was established in 1963

Product & Service Offering: HAL is engaged in the design, development, manufacturing and maintenance of aircrafts, helicopters, aero engines, avionics, and  aerospace structures

Promoters of Hindustan Aeronautics ltd.:  President of India is the promoter of HAL through department of defence production, ministry of defence.

Customer segment: HAL provide services to defence services, state governments, para-military forces and private sector corporations.

Objects of the Issue:

The purpose of the offer is to :

-      Carry out the disinvestment of equity shares by the selling shareholders

-      Achieve the benefits of listing the equity shares on the exchanges  

Company Financials:

Particulars

For the year/period ended (in Rs.

IPO Adda: Hindustan Aeronautics Limited

million)

31-Mar-17

31-Mar-16

31-Mar-15

Total Assets

515,523

565,319

624,203

Total Revenue

195,969

187,548

173,620

Profit After Tax

26,247

20,043

9,941