Bharti Hexacom IPO Date, Review, Price, Allotment Details

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Bharti Hexacom IPO began on 03 APRIL 2024. It will close on 05 APRIL 2024. The Total IPO Size is 4,275.00 Crore Approx. The company set its IPO price is ₹542 to ₹570 per share Per Share. There are three basic categories in Bharti Hexacom IPO Subscription:- 1) Qualified Institutional Buyers.  2) Non-Institutional Investors.  3) Retail.

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.

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.

Bharti Hexacom IPO Details:

Issuer Bharti Hexacom IPO
Issue Type Book Built Issue IPO
Issue Period Issue Opens: 03 April 2024
Issue Closes: 05 April 2024
Price Brand ₹542 to ₹570 per share
Issue Size 4,275.00 Cr
Face Value ₹5 per share
Market Lot 26 Shares
Retail (Max) ₹192,660
QIB 75%
HNI 15%
Retail Individual Bidders 10%
Listing at NSE & BSE
✔️ Apply With ANGEL Free DEMAT Account
Total Shares 75,000,000 shares

Bharti Hexacom IPO GMP Rates day by day

Bharti Hexacom IPO Market Lot:

Application Lots Shares Amount
Retail (Min) 1 26 ₹14,820
Retail (Max) 13 338 ₹192,660
S-HNI (Min) 14 364 ₹207,480
S-HNI (Max) 67 1,742 ₹992,940
B-HNI (Min) 68 1,768 ₹1,007,760

Bharti Hexacom IPO Date, Allotment & Listing:

Bharti Hexacom IPO Opening Date: April 03, 2024
Bharti Hexacom IPO Closing Date: April 05, 2024
Basis of Allotment: April 08, 2024
Initiation of Refunds: April 10, 2024
Credit to Demat Account: April 10, 2024
Listing Date: April 12, 2024

Bharti Hexacom Limited Financial Information (Restated Standalone)

Bharti Hexacom Limited’s revenue increased by 22.3% and profit after tax (PAT) dropped by -67.2% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended 31 Dec 2023 31 Mar 2023 31 Mar 2022 31 Mar 2021
Assets 19,603.00 18,252.90 16,674.30 15,003.50
Revenue 5,420.80 6,719.20 5,494.00 4,704.30
Profit After Tax 281.80 549.20 1,674.60 -1,033.90
Net Worth 3,978.80 3,972.20 3,573.20 1,898.70
Reserves and Surplus 4,166.10 3,959.50 3,410.50 1,736.00
Total Borrowing 6,253.00 6,269.30 7,198.30 5,975.20
Amount in ₹ Crore
 

Key Performance Indicator

The market capitalization of Bharti Hexacom IPO is Rs 28500 Cr.

KPI as of December 31, 2023.

KPI Values
Debt/Equity 1.41
RoNW 7.08%
P/BV 6.45
 
  Pre IPO Post IPO
EPS (Rs)  10.98 7.51
P/E (x)  51.89 75.85
 

Objects of the Issue (Bharti Hexacom IPO Objectives)

The objects of the Offer are to

  1. To carry out the Offer for Sale of up to 75,000,000 Equity Shares by the Selling Shareholder; and
  2. Achieve the benefits of listing the Equity Shares on the Stock Exchanges.

Bharti Hexacom IPO ALLOTMENT STATUS

How to Apply for Bharti Hexacom IPO?

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How to Apply Bharti Hexacom IPO through Zerodha?

Log in to the Console in the Zerodha Website or Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Bharti Hexacom”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open a Demat Account with Zerodha.

How to Apply Bharti Hexacom IPO through Upstox?

Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Bharti Hexacom”. Click on the Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve – the mandate. Open a Demat Account with Upstox.

In case you have not been allotted or for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before the UPI mandate expiry date. Please reach out to your bank in case funds are not unblocked/released after the mandate expiry date.

PARENT COMPANY FOR SHAREHOLDER QUOTA

IPO ALLOTMENT TIPS & TRICKS

Frequently Asked Questions

What is Bharti Hexacom IPO?

Bharti Hexacom IPO is a main-board initial public offering of 75,000,000 Equity shares of the face value of ₹5 aggregating up to ₹4,275.00 Crores. The issue price of the IPO is ₹542 to ₹570 Per Equity Share. The minimum order quantity is 26 Shares per application and the offer type is Book Built Issue. The IPO opens on April 03, 2024 and closes on April 05, 2024. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

When Bharti Hexacom IPO will open?

The Bharti Hexacom IPO opens on April 03, 2024 and closes on April 05, 2024.

How to apply for Bharti Hexacom IPO?

You can apply in Bharti Hexacom IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

When Bharti Hexacom IPO allotment?

The finalization of Basis of Allotment for Bharti Hexacom IPO will be done on April 08, 2024, and the allotted shares will be credited to your demat account by April 10, 2024. Check the Bharti Hexacom IPO allotment status.

When is Bharti Hexacom IPO listing date?

The Bharti Hexacom IPO listing date is not yet announced. The tentative date of Bharti Hexacom IPO listing is April 12, 2024.

What is the lot size of Bharti Hexacom IPO?

Bharti Hexacom IPO lot size is 26 Shares and the minimum order quantity is 1 Shares.