Bharti Hexacom IPO Date, Review, Price, Allotment Details

Bharti Hexacom IPO Details: Bharti Hexacom IPO date is fixed, the IPO is to hit the market on April 3. and will close on April 5. Bharti Hexacom IPO to raise around ₹4,275 crores via IPO that comprises fresh issue of ₹[.] crores and offer for sale up to 75,000,000 equity shares of ₹5 each. The retail quota is 10%, QIB is 75%, and HNI is 15%.
Bharti Hexacom IPO

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.

ApplicationLot SizeSharesAmount
Retail Minimum126₹14,820
Retail Maximum13338₹192,660
S-HNI Minimum14364₹207,480
S-HNI Maximum671,742₹992,940
B-HNI Minimum681,768₹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
YearRevenueExpensePAT
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

Bharti Hexacom IPO FAQs

What is Bharti Hexacom IPO?

Bharti Hexacom IPO is a main-board IPO. They are going to raise ₹4,275 Crores via IPO. The issue is priced at ₹542 to ₹570 pr equity share. The IPO is to be listed on BSE & NSE.

When Bharti Hexacom IPO will open?

The IPO is to open on April 3, 2024 for QIB, NII, and Retail Investors.

What is Bharti Hexacom IPO Investors Portion?

The investors’ portion for QIB is 75%, NII is 15%, and Retail is 10%.

How to Apply the Bharti Hexacom IPO?

You can apply for Bharti Hexacom IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Bharti Hexacom IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Bharti Hexacom”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Bharti Hexacom IPO through Upstox?

Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Bharti Hexacom”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Bharti Hexacom IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Bharti Hexacom”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Bharti Hexacom IPO Size?

Bharti Hexacom IPO size is ₹4,275 crores.

What is Bharti Hexacom IPO Price Band?

Bharti Hexacom IPO Price Band is ₹542 to ₹570.

What is the Bharti Hexacom IPO Allotment Date?

Bharti Hexacom IPO allotment date is April 8, 2024.

What is the Bharti Hexacom IPO Listing Date?

Bharti Hexacom IPO listing date is April 12, 2024. The IPO is to list on BSE and NSE.

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).

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