₹ 14820 / 26 shares
Issue Date
03 Apr - 5 Apr'24
Investment/lot
₹ 14820
Price Range
542 - 570
Lot Size
26
IPO Size
₹ 4275.00 Cr
Listing On
12 Apr'24
Issue Price
570
Listed Price
₹ 755
Retail Gain/Listing Gain
▲32.46%
Bharti Hexacom functions as a communications solutions provider, extending consumer mobile services, fixed-line telephone connectivity, and broadband solutions to clientele within the Rajasthan and the Northeast telecommunications circles of India. Services are delivered under the renowned brand name 'Airtel'.
With that, let's take a look at the competitive strength and risk factors for Bharti Hexacom Limited:
Established Leadership and Large Customer Base
Strong Parentage and Established Brand
Building a Future Ready Network
Revenue is derived from a specific geographical region. Any unfavourable developments in these regions may adversely impact business operations.
There are outstanding legal proceedings involving the promoter, in addition to the company.
Reduction in revenue earned for telecom services, due to regulatory ceilings on pricing, or owing to pricing pressure, reduction in average revenue per user (ARPU), may have an adverse effect on the business.
Grow revenue by focusing on acquiring and retaining quality customers.
Expand network coverage.
Deliver brilliant customer experience through an omnichannel approach and extensive use of data science.
Here are the key financials for Bharti Hexacom Limited:
Particulars (in Rs. million)
Particulars (in Rs. million)
How to apply for IPO through ASBA
Kotak Securities
•04m 01s
Opening of account will not guarantee allotment of shares in IPO. Investors are requested to do their own due diligence before investing in any IPO.
Here are the steps to apply for Bharti Hexacom Ltd IPO:
Step 1: Log in to your Kotak Securities Demat account Log in to your Demat account to access IPO investments. Next, select the current IPO section.
Step 2: Specify IPO details Enter the number of lots and the price you wish to apply for.
Step 3: Enter UPI ID After entering your UPI ID, click submit. This will place your bid with the exchange.
Step 4: Mandate Notification Your UPI app will receive a mandate notification to block funds.
Step 5: Approve Request Your funds will be blocked once you approve the mandate request on your UPI.
Bharti Hexacom Ltd will list on 2024-04-12.
4275.00 is the issue size of Bharti Hexacom Ltd IPO.
The minimum lot size is 26 shares and the investment required is ₹14820.
The price band of Bharti Hexacom Ltd IPO is ₹542 to ₹570.
You can read more about Bharti Hexacom Ltd and its IPO from the company’s red herring prospectus (RHP) here.
The Bharti Hexacom Limited IPO has an issue size of Rs. 4,275 crores. The IPO opens for subscription on 3rd April 2024 and closes on 5th April 2024.
Kfin Technologies Limited is the registrar for this IPO.