Bharti Hexacom Limited
Mainboard₹14,820 / 26 Shares
Bharti Hexacom Limited IPO Details
The Bharti Hexacom Limited IPO price band is set between ₹542-570 per equity share, with a face value of ₹5 per share. The issue is managed by Kfin Technologies Limited, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 3 Apr, 2024 and closes on 5 Apr, 2024. Investors can check the allotment status on 8 Apr, 2024, while the listing date is tentatively scheduled for 12 Apr, 2024.
The total issue size is OFS : 75,000,000 shares, aggregating up to ₹4275 Cr. Stay tuned for the latest Bharti Hexacom Limited IPO review and GMP updates.
Bharti Hexacom Limited IPO Review, Rating & Analysis
Bharti Hexacom Limited IPO Review
NO REVIEWBharti Hexacom Limited IPO Rating
Bharti Hexacom Limited IPO Highlights
IPO Date
Apr 3, 2024 - Apr 5, 2024
Listing Date
12 Apr, 2024
Face Value
₹5 Per Equity Share
Price Band
₹542-570 per equity share
Lot Size
26 Shares
Fresh Issue
Shares
Offer for Sale
75,000,000 shares
Listing At
BSE, NSE
Bharti Hexacom Limited IPO Lot Size
The minimum market lot for Bharti Hexacom Limited IPO is 26 shares with an application amount of ₹14,820. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 26 | ₹14,820 |
| Retail (Max) | 13 | 338 | ₹1,92,660 |
| S-HNI (Min) | 14 | 364 | ₹2,07,480 |
| S-HNI (Max) | 67 | 1742 | ₹9,92,940 |
| B-HNI (Min) | 68 | 1768 | ₹10,07,760 |
Bharti Hexacom Limited IPO Timeline
Issue Price
₹542-570 per equity shareFace Value
₹5 Per Equity ShareListing at Group
BSE, NSERegistrar
Kfin Technologies LimitedLead Manager
SBI Capital Markets LimitedAxis Capital LimitedBob Capital Markets LimitedICICI Securities LimitedIifl Securities LtdIssue Size
OFS : 75,000,000 shares(aggregating up to ₹4275 Cr)Bharti Hexacom Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 23 | 18252.90 | 6719.20 | 549.20 | 3978.80 | 4166.10 | 6253.00 |
| 31 Mar 22 | 16674.30 | 5494.00 | 1674.60 | 3573.20 | 3410.50 | 7198.30 |
| 31 Mar 21 | 15003.50 | 4704.30 | -1033.90 | 1898.70 | 1736.00 | 5975.20 |
All values are in ₹ Cr.
Bharti Hexacom Limited IPO Valuations
EPS Pre IPO
₹10.98/-EPS Post IPO
₹7.51/-PE Pre IPO
51.89PE Post IPO
75.85ROE
-ROCE
-Debt Equity
1.41RoNW
7.08%PAT Margin
-Price to Book Value
6.45Promoters & Share Holding
Promoter(s) Name
- Bharti Airtel Limited
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 70% | 70% |
About Company
Bharti Hexacom Limited was incorporated on April 20, 1995. The Company is a wholly owned subsidiary of Bharti Airtel Limited, wherein Bharti Airtel Limited holds 70% of the equity share capital of the Company and Government of India through Telecommunication Consultants of India Limited hold 30% of the equity share capital of the Company.
The Company is into telecommunication business in Rajasthan and North East Circle. The Company is the largest mobile telephony services in Rajasthan and North Eastern regions of India. The Company is also the provider of fixed line and broadband services in Rajasthan regions of India. The Company is committed to provide best in class customer experience through brilliant network experience. The Company continues to invest in technology and network to lead the market with highest customer base and revenue.
The company provides services in states such as Rajasthan and Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland and Tripura.
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.
Bharti Hexacom Limited IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 22,500,000 | 11,250,000 7,500,000 7,500,000 | 7,500,000 | 41,250,000 |
Day 1 -03-04-24 05:00 PM | 0.29 x | 0.36 0.41 x 0.25 x | 0.48 x | 0.34 x |
Day 2 -04-04-24 05:00 PM | 0.82 x | 1.71 1.98 x 1.18 x | 1.15 x | 1.12 x |
Day 3 -05-04-24 05:00 PM | 48.57 x | 10.51 12.27 x 6.99 x | 2.81 x | 29.87 x |
Company Contact Details
Bharti Hexacom Limited
Bharti Crescent, 1, Nelson Mandela Road Vasant Kunj, Phase II, New Delhi-110 070Registrar Contact Details
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: bhl.ipo@kfintech.com
Frequently Asked Questions about Bharti Hexacom Limited IPO
When will Bharti Hexacom Limited IPO open for subscription?
The Bharti Hexacom Limited IPO opens on 3 Apr, 2024 and closes on 5 Apr, 2024.
What is the investors portion for Bharti Hexacom Limited IPO?
The investors' portion for QIB is 48.57 x, NII is 12.27 x, and Retail is 2.81 x.
How to apply for Bharti Hexacom Limited IPO?
You can apply for Bharti Hexacom Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Bharti Hexacom Limited IPO?
The issue size of Bharti Hexacom Limited IPO is approx ₹OFS : 75,000,000 shares(aggregating up to ₹4275 Cr) crores.
What is the price band of Bharti Hexacom Limited IPO?
The price band for Bharti Hexacom Limited IPO is ₹542 to ₹570 per equity share.
What is the lot size of Bharti Hexacom Limited IPO?
The minimum bid (lot size) for Bharti Hexacom Limited IPO is N/A shares with an investment of approx ₹14,820 .
What is the allotment date of Bharti Hexacom Limited IPO?
The allotment date for Bharti Hexacom Limited IPO is 8 Apr, 2024.
What is the listing date of Bharti Hexacom Limited IPO?
The listing date for Bharti Hexacom Limited IPO is expected to be 12 Apr, 2024.
What is the GMP of Bharti Hexacom Limited IPO?
The latest Grey Market Premium (GMP) for Bharti Hexacom Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.