Bharti Hexacom Ltd IPO Price Range is ₹542 - ₹570, with a minimum investment of ₹14,820 for 26 shares per lot.
Subscription Rate
29.88x
Minimum Investment
₹14,820
/ 26 shares
IPO Status
Price Band
₹542 - ₹570
Bidding Dates
Apr 3, 2024 - Apr 5, 2024
Issue Size
₹4,275.00 Cr
Lot Size
26 shares
Min Investment
₹14,820
Listing Exchange
NSE
IPO subscribed over
🚀 29.88x
This IPO has been subscribed by 2.83x in the retail category and 48.57x in the QIB category.
Total Subscription | 29.88x |
Retail Individual Investors | 2.83x |
Qualified Institutional Buyers | 48.57x |
Non Institutional Investors | 10.52x |
Name | Bharti Hexacom Ltd |
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.
We derive our revenues from providing mobile telephone services in Rajasthan and the North East circleand any unfavourable developments in such regions could adversely affect our business, results of operations and financial condition.
There are outstanding legal proceedings involving our Promoter, in addition to our Company. Any adverse outcome in any of these proceedings may adversely affect our reputation, business, financial condition and results of operations.
The Offer shall be undertaken under Regulation 6(2) of the SEBI ICDR Regulations.
As of December 31, 2023, we had contingent liabilities which have not been provided for in our Restated Financial Information and could adversely affect our business, financial condition and results of operations.
Reduction in revenue we earn for our telecom services, due to regulatory ceilings on pricing, or owing to pricing pressure, reduction in average revenue per user (ARPU), may have an adverse effect on our business, financial condition, results of operations and prospects.
We have incurred significant indebtedness, and we must service this debt and comply with any lenders` covenants to avoid defaulting on our borrowings and refinancing risk. Any default may adversely affect our business and profitability.
We require significant capital to fund our capital expenditure and if we are unable to raise additional capital, our business, financial condition and results of operations could be adversely affected.
The average cost of acquisition of Equity Shares by the Selling Shareholder may be less than the Offer Price.
Any change in our relationship with our Promoter, Airtel and its affiliates, may adversely affect our reputation, business, operations, financial condition and results of operations.
We have been, and continue to be, involved in material legal proceedings.