Hindustan Aeronautics's IPO

Hindustan Aeronautics Ltd. (HAL), is at the top of the government’s disinvestment list in 2013. The government hopes to offload 10 % of its equity in the aviation company in an initial public offer (IPO). The move is a part of the government's larger plan to raise Rs 30,000 crore by selling its stake this financial year. The induction of non-government shareholders in the Bangalore-headquartered maker of aircraft, engines, components and accessories, if the IPO happens, will complete a circle

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