Bharti Hexacom Ltd

Bharti Hexacom Ltd IPO

Bharti Hexacom Ltd IPO Price Range is ₹542 - 570, with a minimum investment of ₹14,820 for 26 shares.

₹14,820

/ 26 shares

Minimum Investment

View Bharti Hexacom Ltd IPO details including price range, minimum investment, lot size, financials, and IPO timeline. Get subscription updates, peer comparison, and key insights to help you make an informed decision.

IPO Status

Closed

Price Band

₹542 - 570

Open Date

2024-04-03

Close Date

2024-04-05

IPO Size

₹4,275.00 Cr

Lot Size

26 shares

Min Investment

₹14,820

Listing Exchange

NSE

Bharti Hexacom Ltd IPO Application Timeline

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Open Date3 Apr 2024
passed
Close Date5 Apr 2024
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Allotment Date8 Apr 2024
passed
Listing Date12 Apr 2024

IPO Subscription Status

IPO subscribed over

🚀 29.88x

This IPO has been subscribed by 2.83x in the retail category and 48.57x in the QIB category.

Subscription Rate

Total Subscription29.88x
Retail Individual Investors2.83x
Qualified Institutional Buyers48.57x
Non Institutional Investors10.52x
NameBharti Hexacom Ltdx

Strengths and Risks

Strengths

Strengths

  • 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.


Risks

Risks

  • 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.

How to Apply for Bharti Hexacom Ltd IPO on INDmoney

1

Download the INDmoney app and complete your KYC to open an account.

2

Go to the INDstocks section and tap on IPO, or search for ‘IPO’.

3

Select Bharti Hexacom Ltd IPO from the list of live IPOs.

4

View key details like price band, lot size, and dates, then tap ‘Apply Now’.

5

Choose the number of lots and place your order via UPI.

6

Your funds will be blocked until the share allotment is finalized.

About Bharti Hexacom Ltd

Bharti Hexacom Limited is a communications solutions provider offering consumer mobile services, fixed-line telephone and broadband services to customers in the Rajasthan and the North East telecommunication circles in India, which comprises the states of Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland and Tripura. The Company offers its services under the brand `Airtel. Its revenue market share for the Rajasthan circle was 40.4%, 39.2%, 39.5%, 36.7% and 32.7%, while for the North East circle was 52.7%, 52.4%, 52.5%, 48.5% and 42.0% during the nine months ended December 31, 2023 and 2022 and Fiscals 2023, 2022 and 2021, respectively.

Frequently Asked Questions of Bharti Hexacom Ltd IPO

What is the size of the Bharti Hexacom Ltd IPO?

The size of the Bharti Hexacom Ltd IPO is ₹4,275 Cr.

What is the allotment date of the Bharti Hexacom Ltd IPO?

Bharti Hexacom Ltd IPO allotment date is Apr 8, 2024 (tentative).

What are the open and close dates of the Bharti Hexacom Ltd IPO?

The Bharti Hexacom Ltd IPO will open on Apr 3, 2024 and close on Apr 5, 2024

What is the lot size of Bharti Hexacom Ltd IPO?

The lot size for the Bharti Hexacom Ltd IPO is 26.

When will my Bharti Hexacom Ltd IPO order be placed?

Your Bharti Hexacom Ltd IPO order will be placed on Apr 3, 2024

Can we invest in Bharti Hexacom Ltd IPO?

Yes, once Bharti Hexacom Ltd IPO opens, you can invest in the shares of the company.

What would be the listing gains on the Bharti Hexacom Ltd IPO?

The potential listing gains on the Bharti Hexacom Ltd IPO will depend on various market factors and cannot be predicted with certainty.

What is 'pre-apply' for Bharti Hexacom Ltd IPO?

'Pre-apply' for Bharti Hexacom Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.