Monday, March 12, 2018

IPO News : HAL IPO to open on 16th March

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Bangalore based Hindustan Aeronautics Rs 4200 Cr initial public offer will open for subscription on March 16. 

The price band for the IPO is Rs 1,215 to Rs 1,240 per share. The Center is offering a discount of Rs 25 per share to retail investors.

The government is diluting 10.2 per cent of its stake in the  aerospace and defence company through the IPO.

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