Bharti Hexacom Limited
CLOSEDIPO Date: 3 Apr - 5 Apr 2024
Listing Date: 12 Apr 2024
Price Range
₹542 to ₹570 per share
Issue Size
4275 Cr
Min Investment
₹14,092
Lot Size
26 Shares
Schedule of Bharti Hexacom Limited
Issue open date
3 Apr 2024
Issue close date
5 Apr 2024
UPI mandate deadline
5 Apr 2024 (5 PM)
Allotment finalization
8 Apr 2024
Share credit
10 Apr 2024
Listing date
12 Apr 2024
Mandate end date
20 Apr 2024
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 4275 Cr |
| Fresh Issue | Cr |
| Offer for Sale | Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 8 Apr 2024 |
| Allotment Link | {Link} |
Grey Market PremiumNew
Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
| Date | Ipo Price | GMP | Estimated Listing Price |
|---|---|---|---|
| 12 Apr 2024 | ₹570 | ₹140 | ₹710 (24.56%) |
| 11 Apr 2024 | ₹570 | ₹125 | ₹695 (21.93%) |
| 10 Apr 2024 | ₹570 | ₹94 | ₹664 (16.49%) |
| 9 Apr 2024 | ₹570 | ₹96 | ₹666 (16.84%) |
| 8 Apr 2024 | ₹570 | ₹94 | ₹664 (16.49%) |
| 7 Apr 2024 | ₹570 | ₹82 | ₹652 (14.39%) |
| 6 Apr 2024 | ₹570 | ₹83 | ₹653 (14.56%) |
| 5 Apr 2024 | ₹570 | ₹83 | ₹653 (14.56%) |
| 4 Apr 2024 | ₹570 | ₹57 | ₹627 (10%) |
| 3 Apr 2024 | ₹570 | ₹64 | ₹634 (11.23%) |
| 2 Apr 2024 | ₹570 | ₹52 | ₹622 (9.12%) |
Performance Bharti Hexacom Limited
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| ₹542 to ₹570 per share | ₹ 5204 (42.68%) | ₹ 1343.05 | 135.62% |
About Bharti Hexacom Limited
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.
| Founded in | 1995 |
| Managing director | |
| Parent organization |
Financial Overview
Strengths
Risks
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | 48.57 |
| Non-Institutional Investors (NIIs) | 10.52 |
| Retail Individual Investors (RIIs) | 2.83 |
| Employee | N/A |
| Total | 29.88 |