The communications solutions provider company Bharti Hexacom IPO will hit the market 03 April 2024 and closes on 05 April 2024. The Company has filed the RHP of this IPO. According to RHP, the company wants to raise ₹4275.00 crore through IPO via Offer for sale.
The company has reserved 75% for QIB, 15% for NII and 10% for Retail Investor in this IPO.
Bharti Hexacom Limited is a communications solutions provider offering consumer mobile services, fixed-line telephone, and broadband services to customers in India’s Rajasthan and the Northeast telecommunication circles. The company provides services in states such as Rajasthan and Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland, and Tripura. The company offers our services under the brand ‘Airtel’. You can check Bharti Hexacom IPO GMP here.
| Read also: Upcoming IPO List 2024 |
As of December 31, 2023, the company is present in 486 census towns and has an aggregate of 27.1 million customers across both circles. Our customer market share has grown consistently in Rajasthan from 33.1% as of March 31, 2021, to 35.0% as of December 31, 2023, and in the North East from 43.6% to 49.8% between the same dates.
The company’s customer base included 19,144 thousand data customers, of which 18,839 thousand were 4G and 5G customers, and data consumption per customer per month stood at approximately 23.1 GB during the nine months ended December 31, 2023. You can check Bharti Hexacom IPO subscription status here.
The company has an extensive distribution and service network across the regions we operate in and during the nine months that ended December 31, 2023, and the last three Fiscals, we have set up 51 retail outlets and 24 small format stores to reach 90 cities, as of December 31, 2023. As of December 31, 2023, our distribution network comprised 616 distributors and 89,454 retail touchpoints. You can check Bharti Hexacom IPO Allotment Status here.
Object Of the Issue :
- The company will not receive any proceeds from the Offer (the “Offer Proceeds”) and all the Offer Proceeds will be received by the Selling Shareholder post deduction of Offer-related expenses to be borne by the Selling Shareholder.
Company Strengths :
- Established Leadership and a Large Customer Base in our areas 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.
Bharti Hexacom IPO Review :
| Details | Valuation |
| PAT : Issue Price : EPS : PE Ratio : ROE : RoNW : ROCE : Debt/Equity : NAV Value : Total Assets : Market Cap : Pre Holding : Post Holding : | ₹549.20 Cr ₹570 /EQ 10.98 51.91x 13.83 % 13.83 % 10.72 % 1.41 ₹84.19 ₹19603.00 Cr ₹28500.00 Cr 70.00 % – % |
| Team Review : | ✔ Apply For Long Term |
Bharti Hexacom IPO Date & Price Band & Details :
| IPO Open : | April 03, 2024 |
| IPO Close : | April 05, 2024 |
| Issue Type : | Book Built Issue |
| Face Value : | ₹5 Equity Share |
| Price Band : | ₹542 – ₹570 Per Share |
| Listing On : | BSE, NSE |
| Issue Size : | ₹4275.00 Cr {75,000,000 Shares} |
| Offer For Sale : | ₹4275.00 Cr {75,000,000 Shares} |
Bharti Hexacom IPO Market Lot :
Bharti Hexacom IPO Minimum Market lot is 1 Lot with 26 shares with ₹14,820 Application amount. The retail investors can apply up to 13 lots with 338 Shares or ₹192,660 amounts.
| Application | Lot | Shares | Amount Cr |
| Retail Minimum : | 1 | 26 | ₹14,820 |
| Retail Maximum : | 13 | 338 | ₹192,660 |
| S-HNI Minimum : | 14 | 364 | ₹207,480 |
| S-HNI Maximum : | 67 | 1742 | ₹992,940 |
| B- HNI Minimum : | 68 | 1768 | ₹1007,760 |
Bharti Hexacom IPO Reservation :
Bharti Hexacom IPO Total Reservation of shares is to be bid for the public issue by Bharti Hexacom IPO with 56,250,000 for QIB and 11,250,000 for NII 7,500,000 for Retail Investor & Shares EMP.
| Category | Reservation | Shares | Amount Cr |
| QIB : | 75% | 56,250,000 | ₹3206.25 |
| NII : | 15% | 11,250,000 | ₹641.25 |
| RII : | 10% | 7,500,000 | ₹427.50 |
| Total : | 100% | 75,000,000 | ₹4275.00 |
Bharti Hexacom IPO EPS & RoNW :
The Bharti Hexacom company’s EPS & RoNW growth decreased last financial year, as shown in the table here.
| Year | EPS (Rs.) | RoNW % | NAV |
| 2023 | ₹10.98 | 13.83 | ₹84.19 |
| 2022 | ₹33.49 | 46.87 | ₹73.21 |
| 2021 | ₹-20.68 | -54.45 | ₹39.72 |
Bharti Hexacom IPO Peer Comparison PE :
The Bharti Hexacom, According to RHP of the company few company is listed whose PE Multiple is shown in this table.
| Company | PE Ratio |
| Bharti Airtel | 82.16 |
| Vodafone Idea Limited | -1.63 |
| Reliance Jio Infocomm | N/A |
Bharti Hexacom IPO Dates :
Bharti Hexacom’s IPO Date is 03 April 2024 and closes on 05 April 2024. The allotment will be finalized on 08 April 2024 and the IPO may list on 12 April 2024.
| Anchor Date : | 02 April 2024 |
| Open Date : | 03 April 2024 |
| Close Date : | 05 April 2024 |
| Allotment Date : | 08 April 2024 |
| Refund Date : | 10 April 2024 |
| Share Credit Date : | 10 April 2024 |
| Listing Date : | 12 April 2024 |
Bharti Hexacom IPO Form :
There are two ways to apply for Bharti Hexacom IPO. You can apply for Bharti Hexacom IPO through ASBA available in your bank account. You have to go to your online bank login select Bharti Hexacom IPO in the Invest section and apply through your bank account. Another option is you apply for Bharti Hexacom IPO through an IPO form downloaded through NSE and BSE. Visit the IPO Form Page and download the NSE Form and BSE Form IPO Form, fill it out, and submit it to your bank or your broker.
Bharti Hexacom Company Financial Report (Crore) :
| Year | Revenue | Expense | PAT |
| 2023 Dec | ₹5,420.80 | ₹2,737.40 | ₹281.80 |
| 2023 | ₹6,719.20 | ₹3,793.30 | ₹549.20 |
| 2022 | ₹5,494.00 | ₹3,591.20 | ₹1,674.60 |
| 2021 | ₹4,704.30 | ₹3,550.00 | ₹-1,033.90 |
Company Promoters :
■ Jagdish Saksena Deepak
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
■ Anchor Investor
Bharti Hexacom IPO Lead Managers :
■ SBI Capital Markets Limited
■ Axis Capital Limited
■ Bob Capital Markets Limited
■ ICICI Securities Limited
■ IIFL Securities Limited
Bharti Hexacom IPO Registrar :
Kfin Technologies Limited
Selenium, Tower B, Plot No. 31 and 32,
Financial District Nanakramguda, Serilingampally
Hyderabad 500 032 Telangana, India
Telephone: +91 40 6716 2222/ 18003094001
E-mail: [email protected]
Investor Grievance ID: [email protected]
Website: www.kfintech.com
Note: Check Bharti Hexacom IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Bharti Hexacom Limited
Bharti Crescent
1, Nelson Mandela Road
Vasant Kunj, Phase-II
New Delhi, 110 070, India
Telephone: 011-46666100
Email: [email protected]
Website: www.bhartihexacom.in
Bharti Hexacom IPO FAQs :
What is Bharti Hexacom IPO?
Bharti Hexacom IPO is a Mainboard IPO. They are going to raise ₹4275.00. Crores via IPO. The issue is priced at ₹542-₹570 per equity share. The IPO is to be listed on NSE, and BSE.
When Bharti Hexacom IPO will open?
The IPO opens on April 03 and closes on April 05, 2024 for QIB, NII & RII.
What is Bharti Hexacom IPO Size?
Bharti Hexacom’s IPO size is ₹4275.00 Crores.
What is the Offer For Sale size of Bharti Hexacom IPO?
The Offer For Sale size of Bharti Hexacom IPO ₹4275.00 Cr.
What is Bharti Hexacom IPO Price Band?
Bharti Hexacom IPO Price Band is ₹542-₹570 Per share.
What is Bharti Hexacom IPO Minimum and Maximum Lot Size?
The minimum 26 Shares with ₹14,820 amount while the maximum 338 shares with ₹192,660.
What is Bharti Hexacom IPO Investors Portion?
The investors’ portion for QIB is 75%, NII 15%, and RII 10%.
What is the Bharti Hexacom IPO Allotment Date?
Bharti Hexacom IPO allotment date is 08 April 2024.
What is the Bharti Hexacom IPO Listing Date?
Bharti Hexacom IPO listing date is 12 April 2024. The IPO is to be listed on NSE, and BSE.
How to Apply the Bharti Hexacom IPO through Zerodha?
Log in to the Console on the Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Bharti Hexacom IPO”. Click on the 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.
How to Apply the Bharti Hexacom IPO through Upstox?
Log in to the Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Bharti Hexacom IPO”. Click on the 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.
How to Apply the Bharti Hexacom IPO through Groww?
Log in to the Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Bharti Hexacom IPO”. Click on the 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.
How to Apply the Bharti Hexacom IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest in IPOs Section and Click on IPO. You will see the IPO Name “Bharti Hexacom IPO”. Click on the 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.
| Bharti Hexacom IPO GMP: Click Here Bharti Hexacom IPO Subscription: Click Here Bharti Hexacom IPO Allotment: Click Here Bharti Hexacom IPO Listing: Click Here Bharti Hexacom IPO Web Story: Click Here |
All Bharti Hexacom IPO-related links are available here. If you want to know the details then click on the Click Here Link.
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