Bharti Hexacom IPO bidding started from April 3, 2024 and ended on April 5, 2024. The allotment for Bharti Hexacom IPO was finalized on Monday, April 8, 2024. The shares got listed on BSE, NSE on April 12, 2024.
IPO Size: 75,000,000 shares (4,275.00 Cr) Fresh Issue: 0 shares (0.00 Cr) Offer for Sale (OFS): 75,000,000 shares (4,275.00 Cr) Subscription Dates: April 3, 2024 to April 5, 2024 Expected Allotment: Monday, April 8, 2024 Listing Date (Tentative): April 12, 2024 Price Band: ₹542 to ₹570 per share Retail Investors: ₹.14,820 (26 shares) Small HNI : ₹.207,480(14 lots, 364 shares) Big HNI : ₹.1,007,760(68 lots, 1768 shares)
| IPO Date | April 3, 2024 to April 5, 2024 |
| Listing Date | April 12, 2024 |
| Face Value | ₹5 per share |
| Price Band | ₹542 to ₹570 per share |
| Lot Size | 26 Shares |
| Total Issue Size | 75,000,000 shares (aggregating up to ₹4,275.00 Cr) |
| Offer for Sale | 75,000,000 shares of ₹5 (aggregating up to ₹4,275.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 500,000,000 |
| Share holding post issue | 500,000,000 |
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor Shares Offered | 33,750,000 (45%) |
| QIB Shares Offered | 22,500,000 (30%) |
| NII (HNI) Shares Offered | 11,250,000 (15%) |
| bNII > Rs.10L | 7,500,000 (10%) |
| sNII < Rs.10L | 3,750,000 (5%) |
| Retail Shares Offered | 7,500,000 (10%) |
| Total Shares Offered | 75,000,000 (100%) |
The Bharti Hexacom Limited IPO achieved a subscription rate of times The retail category subscribed times, the QIB category subscribed times, and the NII category subscribed times. Review the subscription details on a day-to-day basis (live status).
| Investor Category | Shares Offered | Shares Bid for | Total Amount (Rs Cr.)* | Subscription (times) |
|---|---|---|---|---|
| Qualified Institutions | 22,500,000 | |||
| Non-Institutional Buyers | 11,250,000 | |||
| bNII (bids above ₹10L) | 7,500,000 | |||
| sNII (bids below ₹10L) | 3,750,000 | |||
| Retail Investors | 7,500,000 | |||
| Employees | ||||
| Others | ||||
| Total** | 41,250,000 | 0 | 0.00 | 0.00 |
Bharti Hexacom Limited IPO raises ₹ 1923.75 crore from anchor investors. Bharti Hexacom Limited IPO Anchor bid date is April 2, 2024. Bharti Hexacom Limited IPO Anchor Investors list
| Bid Date | April 2, 2024 |
| Shares Offered | 33750000 |
| Anchor Portion Size (In Cr.) | 1923.75 |
| Anchor lock-in period end date for 50% shares (30 Days) | May 8, 2024 |
| Anchor lock-in period end date for remaining shares (90 Days) | July 7, 2024 |
Bharti Hexacom Limited IPO opens on April 3, 2024 and closes on April 5, 2024.
| IPO Open Date | Wednesday, April 3, 2024 |
| IPO Close Date | Friday, April 5, 2024 |
| Basis of Allotment* | Monday, April 8, 2024 |
| Initiation of Refunds* | Wednesday, April 10, 2024 |
| Credit of Shares to Demat* | Wednesday, April 10, 2024 |
| Listing Date* | Friday, April 12, 2024 |
| Cut-off time for UPI mandate confirmation | 05:00 pm, April 5, 2024 |
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 |
|---|---|---|---|
| Retail (Min) | 1 | 26 | ₹ 14,820 |
| Retail (Max) | 13 | 338 | ₹ 192,660 |
| S-HNI (Min) | 14 | 364 | ₹ 207,480 |
| S-HNI (Max) | 67 | 1742 | ₹ 992,940 |
| B-HNI (Min) | 68 | 1768 | ₹ 1,007,760 |
| Lot Size Calculator | |||
The promoters of the company are Bharti Airtel Limited
| Share Holding Pre Issue | 70% |
| Share Holding Post Issue | 70% |
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.
The objects of the Offer are to
Bharti Hexacom Limited
Bharti Crescent, 1
, Nelson Mandela Road
Vasant Kunj, Phase II, New Delhi-110 070
Phone: 011-46666100
Email: bhartihexacom@bharti.in
Website: https://www.bhartihexacom.in/
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: bhl.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
| Listing Date | April 12, 2024 |
| BSE Script Code | 544162 |
| NSE Symbol | BHARTIHEXA |
| ISIN | INE343G01021 |
| Final Issue Price | ₹ 570 per share |
| Price Details | NSE | BSE |
|---|---|---|
| Final Issue Price | ₹ 570 | ₹ 570 |
Bharti Hexacom Limited IPO is a main-board FPO of 75,000,000 equity shares of the face value of ₹ 5 aggregating up to ₹ Crores. The issue is priced at ₹542 to ₹570 per share. The minimum order quantity is 26 Shares.
The Bharti Hexacom Limited IPO opens on April 3, 2024 and closes on April 5, 2024.
Retail Investors: ₹.14,820 (26 shares) Small HNI : ₹.207,480(14 lots, 364 shares) Big HNI : ₹.1,007,760(68 lots, 1768 shares)
The finalization of Basis of Allotment for Bharti Hexacom Limited IPO will be done on Monday, April 8, 2024, and the allotted shares will be credited to your demat account by Wednesday, April 10, 2024. Check the Bharti Hexacom Limited IPO allotment status.