Bharti Hexacom Limited IPO
- IPO Date03 Apr, 2024 to 05 Apr, 2024
- Listing Date12 Apr, 2024
- Face Value₹5 per share
- Issue Price₹542 to ₹570 per share
- Lot Size26 Shares
- Minimum Investment₹14,820
- Listing AtBSE, NSE
- Total Issue Size7,50,00,000 Shares
(aggregating up to ₹4275.00 Cr) - Fresh Issue7,50,00,000 Shares
(aggregating up to ₹4275.00 Cr)
- Offer for Sale-
- Issue TypeBook Built Issue IPO
- Share holding pre issue50,00,00,000
- Shareholding post issue50,00,00,000
IPO Dates
Closing Date
05 Apr, 2024
Initiation of Refunds
10 Apr, 2024
Listing Date
12 Apr, 2024
03 Apr, 2024
Opening Date
08 Apr, 2024
Basis of Allotment
10 Apr, 2024
Credit of Shares
Bharti Hexacom Limited Lot Size
Investors can bid for a minimum of 26 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| S-HNI (Min) | 14 | 364 | ₹2,07,480 |
| S-HNI (Max) | 67 | 1742 | ₹9,92,940 |
| Retail (Min) | 1 | 26 | ₹14,820 |
| B-HNI (Min) | 68 | 1768 | ₹10,07,760 |
| Retail (Max) | 13 | 338 | ₹1,92,660 |
Bharti Hexacom Limited Promoter Holding
The Promoter of the Company is Bharti Airtel Limited
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 70% | - |
Bharti Hexacom Limited COMPANY INFORMATION
Bharti Hexacom IPO is a book built issue of Rs 4,275.00 crores. The issue is entirely an offer for sale of 7.5 crore shares. Bharti Hexacom IPO opens for subscription on April 3, 2024 and closes on April 5, 2024. The allotment for the Bharti Hexacom IPO is expected to be finalized on Monday, April 8, 2024. Bharti Hexacom IPO will list on BSE, NSE with tentative listing date fixed as Friday, April 12, 2024. Bharti Hexacom IPO price band is set at ₹542 to ₹570 per share. The minimum lot size for an application is 26 Shares. The minimum amount of investment required by retail investors is ₹14,820. The minimum lot size investment for sNII is 14 lots (364 shares), amounting to ₹207,480, and for bNII, it is 68 lots (1,768 shares), amounting to ₹1,007,760. SBI Capital Markets Limited, Axis Capital Limited, Bob Capital Markets Limited, ICICI Securities Limited and Iifl Securities Ltd are the book running lead managers of the Bharti Hexacom IPO, while Kfin Technologies Limited is the registrar for the issue. Refer to Bharti Hexacom IPO RHP for detailed information.
Incorporated in 1995, Bharti Hexacom Limited provides fixed-line telephone and broadband services to customers in Rajasthan and North East telecom circles in India.
The company provides services in states such as Rajasthan and Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland and Tripura. ;
By December 31, 2023, the company has invested ₹206 billion in digital infrastructure capital expenditures to be future-ready.
As of December 31, 2023, the company has 27.1 million customers across 486 census towns.
As of December 31, 2023, there were 616 distributors and 89,454 retail touchpoints in the distribution network.
As of December 31, 2023, the company had 19,144 thousand data customers, out of which 18,839 thousand were 4G and 5G customers.
FAQs About Bharti Hexacom Limited Ipo
Bharti Hexacom Limited IPO will open on 03 Apr, 2024 and close on 05 Apr, 2024. Investors must apply within this period to participate.
The Bharti Hexacom Limited IPO price band is set between ₹542.00 and ₹570.00 per share. The minimum lot size is 26, requiring an investment of at least ₹14820.00.
The Bharti Hexacom Limited IPO shares are expected to be listed on 12 Apr, 2024, subject to regulatory approvals and final allotment.
You can track your Bharti Hexacom Limited IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Bharti Hexacom Limited IPO will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.