Bharti Hexacom Ltd
Price Range
₹542 - ₹570
Min. Quantity
26
Closes on
5 April 2024
Min. investment
₹14,820/338 Shares
Bharti Hexacom Ltd IPO Timeline
Bharti Hexacom Limited was incorporated as a Joint Venture Company in the year 1995 under the name Hexacom India Ltd to enter cellular services for diversifying their operations. They provided Cellular Mobile Telephony Services in the circles of North East and Rajasthan, pursuant to licenses granted by the Department of Telecommunications, Government of India, on December 12, 1995 and December 19, 1995.
| Event | Date |
|---|---|
| Bharti Hexacom Ltd IPO Opening Date | 3 April 2024 |
| Bharti Hexacom Ltd IPO Closing Date | 5 April 2024 |
| Basis of Allotment | 8 April 2024 |
| Initiation of Refunds | 10 April 2024 |
| Credit of Shares to Demat | 10 April 2024 |
| Bharti Hexacom Ltd IPO Listing Date | 12 April 2024 |
Bharti Hexacom Ltd IPO Details
| Bharti Hexacom Ltd IPO Date | 3 April 2024 to 5 April 2024 |
| Bharti Hexacom Ltd IPO Face Value | ₹5 per share |
| Bharti Hexacom Ltd IPO Price | ₹542 to ₹570 per share |
| Bharti Hexacom Ltd IPO Lot Size | 26 |
| Issue Size | Shares of ₹5 (aggregating up to ₹4,275 Cr) |
| Fresh Issue | Shares of ₹5 (aggregating up to ₹0 Cr) |
| Offer for Sale | Shares of ₹5 (aggregating up to ₹4,275 Cr) |
| Issue Type | (Book Built Portion) |
| Listing At | BSE, NSE |
| QIB Shares Offered | Not more than 2,25,00,000 of the Net Offer |
| Retail Shares Offered | Not less than 75,00,000 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 1,12,50,000 of the Net Offer |
| Company Promoters | Bharti Airtel Ltd |
Bharti Hexacom Ltd IPO Lot Size
The Bharti Hexacom Ltd IPO lot size is 26 shares. A retail-individual investor can apply for up to 13 lots (338 shares or ₹1,92,660).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 26 | ₹14,820 |
| Maximum | 13 | 338 | ₹1,92,660 |
- Strengths
- Risks
- Opportunities
- Established Leadership and Large Customer Base in its area of operations.
- Presence in Markets with High Growth Potential.
- Strong Parentage and Established Brand.
- Building a Future Ready Network .
- Extensive Distribution and Service Network .
- Experienced Management Team.
Company Financials
Bharti Hexacom Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 18,517.4 | 7,337.5 | 504.40 |
| 03-2023 | 18,252.9 | 6,719.2 | 549.20 |
| 03-2022 | 16,674.3 | 5,494 | 1674.60 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Listing the Equity Shares on the Stock Exchanges
Bharti Hexacom Ltd IPO Promoter Holding
| Pre Issue Share Holding | 70% |
| Post Issue Share Holding | 70% |
Bharti Hexacom Ltd IPO Subscription Status (Bidding Detail)
The Bharti Hexacom Ltd IPO is subscribed 29.88 times on 5 April 2024 05:00:00 PM. The public issue subscribed 2.83 times in the retail category, 48.57 times in the QIB category, and 10.52 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 48.57 | 10.52 | 2.83 | - | 29.88 |
Bharti Hexacom Ltd IPO Prospectus
Bharti Hexacom Ltd IPO Listing Date
| Listing Date | 12 April 2024 |
| BSE Script | 544162 |
| NSE Symbol | BHARTIHEXA |
| Listing In | BSE, NSE |
| ISIN | INE343G01021 |
| IPO Price | ₹570 |
| Face Value | ₹5 |
Company Contact Information
Bharat Crescent 1 Nelson-Mandela Road Vasant Kunj Ph-II,New Delhi-110070
Phone: 011 4666 6100
Email: bhartihexacom@bharti.in
Website: www.bhartihexacom.in
Bharti Hexacom Ltd IPO Registrar
Bharti Hexacom Ltd IPO Lead Manager(s)
- SBI Capital Markets Ltd
- Axis Capital Ltd
- BOB Capital Markets Ltd
- ICICI Securities Ltd
- IIFI Securities Ltd
FAQ
What is the issue size of Bharti Hexacom Ltd IPO?
I have pre-applied for Bharti Hexacom Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.