{"id":6168,"date":"2024-03-27T14:42:20","date_gmt":"2024-03-27T09:12:20","guid":{"rendered":"https:\/\/lakshmishree.com\/blog\/?p=6168"},"modified":"2024-03-27T14:42:26","modified_gmt":"2024-03-27T09:12:26","slug":"bharti-hexacom-ipo-details","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/blog\/bharti-hexacom-ipo-details\/","title":{"rendered":"Bharti Hexacom IPO Details - Complete Overview of Bharti Hexacom Limited IPO"},"content":{"rendered":"\n

Bharti Hexacom IPO Price: <\/strong>\u20b9542 to \u20b9570
IPO Date Range:<\/strong> Apr 3, 2024 - Apr 5, 2024<\/p>\n\n\n\n

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\"Bharti<\/figure>\n<\/div><\/div>\n<\/div>\n<\/div>\n\n\n\n
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Foundation & Business Essence<\/h2>\n\n\n\n

Bharti Hexacom Limited is a well-known communication solutions provider in India. Established in 1995 as Hexacom India Ltd, the company was acquired by Airtel in 2004 and rebranded as Bharti Hexacom Ltd. Airtel holds a majority stake of 70%, while the Government of India owns the remaining 30% equity share capital through Telecommunications Consultants India Ltd (TCIL). Bharti Hexacom offers a range of services under the 'Airtel' brand and primarily operates in the Rajasthan and North East telecom circles.<\/p>\n<\/div>\n<\/div>\n\n\n\n

Services <\/h2>\n\n\n\n

Bharti Hexacom focuses on offering high-quality services to its customers, with the goal of providing exceptional experiences. The company uses an omnichannel approach and data science to achieve this. Their Airtel Black package offers digital services that are tailored to meet individual needs, including family and converged plans. This focus on premium services has helped Bharti Hexacom increase its revenue market share in recent years. Their spectrum portfolio includes mid-band spectrum (1800\/2100\/2300 MHz bands) that will be valid beyond 2030.<\/p>\n\n\n\n

Network and Presence<\/h2>\n\n\n\n

Bharti Hexacom has made substantial investments in network expansion, technology advancement, and spectrum acquisitions to bolster its future-ready digital infrastructure. Leveraging synergies from its relationship with its majority owner, Airtel, the company benefits from extensive digital infrastructure and services provided by Airtel to its customers.<\/p>\n\n\n\n

With a broad distribution and service network, the company has established its presence across the regions it operates in. Efforts to expand this network include the setup of retail outlets and small-format stores, enabling a wider reach across 88 cities as of September 30, 2023. As of the same date, the distribution network comprised 617 distributors and 88,586 retail touchpoints.<\/p>\n\n\n\n

Bidding Starts In<\/h2>\n\n\n\n
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DAYS<\/div><\/div>
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HOURS<\/div><\/div>
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MINUTES<\/div><\/div>
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SECONDS<\/div><\/div><\/div>\n\n\n\n
APPLY NOW<\/span><\/path><\/svg>

Dream Big, Start with an IPO. Choose Lakshmishree.<\/p><\/a><\/div>\n\n\n\n

Bharti Hexacom IPO Specifics:<\/h2>\n\n\n\n
IPO Date<\/td>April 3, 2024 to April 5, 2024<\/td><\/tr>
Listing Date<\/td>Friday, April 12, 2024<\/td><\/tr>
Face Value<\/td>\u20b95 per share<\/td><\/tr>
Price Band<\/td>\u20b9542 to \u20b9570 per share<\/td><\/tr>
Lot Size<\/td>26 shares<\/td><\/tr>
Total Issue Size<\/td>75,000,000 shares
(aggregating up to \u20b94,275.00 Cr)<\/td><\/tr>
Offer For Sale<\/td>75,000,000 shares
(aggregating up to \u20b94,275.00 Cr)<\/td><\/tr>
Issue Type<\/td>Book Built Issue IPO<\/td><\/tr>
Listing At<\/td>BSE, NSE<\/td><\/tr>
Share holding pre issue<\/td>500,000,000<\/td><\/tr>
Share holding post issue<\/td>500,000,000<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Bharti Hexacom IPO Lot Size<\/h2>\n\n\n\n

Bidders have the opportunity to bid for a minimum of 26 shares, with the option to increase in multiples. The table below outlines the minimum and maximum investment thresholds for both retail investors and High Net Worth Individuals (HNIs), specifying the corresponding number of shares and amounts involved.<\/p>\n\n\n\n

Application<\/th>Lots<\/th>Shares<\/th>Amount<\/th><\/tr><\/thead>
Retail (Min)<\/td>1<\/td>26<\/td>\u20b914,820<\/td><\/tr>
Retail (Max)<\/td>13<\/td>338<\/td>\u20b91,92,660<\/td><\/tr>
S-HNI (Min)<\/td>14<\/td>364<\/td>\u20b92,07,480<\/td><\/tr>
S-HNI (Max)<\/td>67<\/td>1,742<\/td>\u20b99,92,940<\/td><\/tr>
B-HNI (Min)<\/td>68<\/td>1,768<\/td>\u20b910,07,760<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Bharti Hexacom IPO Reservation<\/h2>\n\n\n\n
QIB Shares Offered<\/td>Not more than 75% of the Net Issue<\/td><\/tr>
Retail Shares Offered<\/td>Not less than 10% of the Net Issue<\/td><\/tr>
NII (HNI) Shares Offered<\/td>Not less than 15% of the Net Issue<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Bharti Hexacom IPO Timetable (Important Dates)<\/h2>\n\n\n\n
IPO Open Date<\/td>Wednesday, April 3, 2024<\/td><\/tr>
IPO Close Date<\/td>Friday, April 5, 2024<\/td><\/tr>
Basis of Allotment<\/td>Monday, April 8, 2024<\/td><\/tr>
Initiation of Refunds<\/td>Wednesday, April 10, 2024<\/td><\/tr>
Credit of Shares to Demat<\/td>Wednesday, April 10, 2024<\/td><\/tr>
Listing Date<\/td>Friday, April 12, 2024<\/td><\/tr>
Cut-off time for UPI mandate confirmation<\/td>5 PM on April 5, 2024<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Don't Miss Out!<\/h2>
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Whether you're a seasoned investor or just starting out, Lakshmishree ensures you don't miss out on premier IPO opportunities. Dive into the future of investing with Lakshmishree.<\/p><\/div>\n\n\n\n

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APPLY NOW<\/a><\/div>\n<\/div>\n\n\n\n

Bharti Hexacom Limited IPO Financial Information<\/h2>\n\n\n\n

Between the fiscal years ending on March 31, 2023, and March 31, 2022, Bharti Hexacom Limited experienced a notable 22.3% growth in revenue. However, during the same period, there was a significant decrease of -67.2% in profit after tax (PAT).<\/p>\n\n\n\n

Period Ended<\/th>31 Mar 2021<\/th>31 Mar 2022<\/th>31 Mar 2023<\/th>31 Dec 2023<\/th><\/tr><\/thead>
Assets<\/td>15,003.50<\/td>16,674.30<\/td>18,252.90<\/td>19,603<\/td><\/tr>
Revenue<\/td>4,704.30<\/td>5,494<\/td>6,719.20<\/td>5,420.80<\/td><\/tr>
Profit After Tax<\/td>-1,033.90<\/td>1,674.60<\/td>549.20<\/td>281.80<\/td><\/tr>
Net Worth<\/td>1,898.70<\/td>3,573.20<\/td>3,972.20<\/td>3,978.80<\/td><\/tr>
Reserves & Surplus<\/td>1,736<\/td>3,410.50<\/td>3,959.20<\/td>4,166.10<\/td><\/tr>
Total Borrowing<\/td>5,975.20<\/td>7,198.30<\/td>6,269.30<\/td>6,253<\/td><\/tr><\/tbody><\/table>
Amount in \u20b9 Crore<\/small><\/figcaption><\/figure>\n\n\n\n

Key Performance Indicator - Bharti Hexacom IPO<\/h2>\n\n\n\n
KPI<\/th>Values<\/th><\/tr><\/thead>
Market Cap (Rs Cr)<\/td>28,500<\/td><\/tr>
P\/E (x)<\/td>51.89<\/td><\/tr>
Debt\/ Equity<\/td>1.41<\/td><\/tr>
EPS<\/td>10.98<\/td><\/tr>
RoNW<\/td>7.08%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Objects of the Issue:<\/strong><\/h2>\n\n\n\n

The objectives of the Offer are:<\/p>\n\n\n\n