Bharti Hexacom 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. They offer their services under the brand ‘Airtel’. They have a distinct strategy to premiumise their portfolio by acquiring and retaining quality customers and delivering an experience to them through their omni channel approach and use of data science.
They have a gamut of digital offerings to enhance customer engagement and differentiated customized offerings through family and converged plans under the Airtel Black proposition, which has resulted in the continuous improvement of their revenue market share during the last three Fiscals. They undertake prudent cost optimization measures to improve their profitability and maintain an efficient capital structure with a comfortable leverage position. They continuously invest in network expansion, technology advancement, and judicious spectrum investments. As of September 30, 2023, They had invested ₹203 billion in capital expenditure in their future-ready digital infrastructure. They also derive significant synergies from their relationship with their Promoter, Airtel, through the extensive digital infrastructure, digital experience, and the digital services it provides to its customers.
They have an extensive distribution and service network across the regions They operate in and during the six months that ended September 30, 2023, and the last three Fiscals, they have set up 18retail outlets and 8 small format stores to reach 88cities, as of September 30, 2023. As of September 30, 2023, their distribution network comprised 617 distributors and 88,586 retail touch points.
Objects of the Issue
- To carry out the Offer for Sale of up to 75,000,000 Equity Shares by the Selling Shareholder.
- Achieve the benefits of listing the Equity Shares on the Stock Exchanges.
Bharti Hexacom IPO Review (Apply or Not)
- Apply
Bharti Hexacom IPO Date & Price Band Details
IPO Open: | April 3, 2024 |
IPO Close: | April 5, 2024 |
IPO Size: | Approx ₹4,275 Crores |
Offer for Sale: | Approx 75,000,000 Equity Shares |
Face Value: | ₹5 Per Equity Share |
IPO Price Band: | ₹542 to ₹570 Per Share |
IPO Listing on: | BSE & NSE |
Retail Quota: | 10% |
QIB Quota: | 75% |
NII Quota: | 15% |
Discount: | N/A |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Anchor Investors List: | Click Here |
Bharti Hexacom IPO Market Lot
The Bharti Hexacom IPO minimum market lot is 26 shares with ₹14,820 application amount. The retail investors can apply up-to 13 lots with 338 shares or ₹192,660 amount.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 26 | ₹14,820 |
Retail Maximum | 13 | 338 | ₹192,660 |
S-HNI Minimum | 14 | 364 | ₹207,480 |
S-HNI Maximum | 67 | 1,742 | ₹992,940 |
B-HNI Minimum | 68 | 1,768 | ₹1,007,760 |
Bharti Hexacom IPO Allotment & Listing Dates
The Bharti Hexacom IPO date is 2024 and the close date is April 2024. The Bharti Hexacom IPO allotment will be finalized on 2024 and the IPO listing on 2024.
Price Band Announcement: | April 3, 2024 |
IPO Open Date: | April 3, 2024 |
IPO Close Date: | April 5, 2024 |
Basis of Allotment: | April 8, 2024 |
Refunds: | April 10, 2024 |
Credit to Demat Account: | April 10, 2024 |
IPO Listing Date: | April 12, 2024 |
You can check IPO subscription status and IPO allotment status on their respective pages.
Bharti Hexacom IPO Form
How to apply for the Bharti Hexacom IPO? You can apply for Bharti Hexacom IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Bharti Hexacom IPO in the Invest section. The other option is you can apply for Bharti Hexacom IPO via IPO forms downloaded via NSE and BSE. Check out the Bharti Hexacom forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
Bharti Hexacom Company Financial Report
₹ in Crores | |||
Year | Revenue | Expense | PAT |
2021 | ₹4704.3 | ₹3549.9 | ₹1033.9 |
2022 | ₹5494.0 | ₹3591.2 | ₹1674.6 |
2023 | ₹6719.2 | ₹3793.3 | ₹549.2 |
December 2023 | ₹5420.8 | ₹2737.4 | ₹281.8 |
Bharti Hexacom IPO Valuation – FY2023
Check Bharti Hexacom IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
Earning Per Share (EPS): | ₹10.98 per Equity Share |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | 13.83% |
Net Asset Value (NAV): | ₹84.19 per Equity Share |
Peer Group
- Bharti Airtel Limited
- Vodafone Idea Limited
- Reliance Jio Infocomm Limited
Company Promoters
- Bharti Airtel Limited
Bharti Hexacom IPO Registrar
KFin Technologies Limited
Tel: +91 40 6716 2222/ 18003094001
E-mail: [email protected]
Website: www.kfintech.com
Bharti Hexacom IPO Allotment Status Check
Check Bharti Hexacom IPO allotment status on KFin Technologies website allotment URL. Click Here
Bharti Hexacom IPO Lead Managers aka Merchant Bankers
- SBI Capital Markets Limited
- Axis Capital Limited
- Bob Capital Markets Limited
- ICICI Securities Limited
- Iifl Securities Ltd
Company Address
Bharti Hexacom Limited
Bharti Crescent, 1, Nelson Mandela Road,
Vasant Kunj, Phase II, New Delhi 110 070
Phone: 011-46666100
Email: [email protected]
Website: www.bhartihexacom.in
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Note: The Bharti Hexacom IPO price band and date are officially announced. The IPO grey market premium (Bharti Hexacom IPO Premium) will be added to the IPO grey market page as it will start).
2 Responses
Is the company related to Bharti Airtel?
Hi Mahesh,
There will be only OFS.