NIFTY 50

Muted response for Hindustan Aeronautics' IPO

Updated : March 26, 2018 02:55 AM IST

Even as LIC bailed out Hindustan Aeronautics Limited's Rs 4,200 crore initial public offering (IPO) subscription to help the government meet its divestment target, the management looks quite disappointed at this time.

Rukmini Rao caught up with Suverna Raju, the Chairman of the company to get more insight on what could have led to a muted response.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more
Live TV

recommended for you