Free Account Opening + AMC Free Demat
Loading...

Bharti Hexacom Limited IPO (Bharti Hexacom IPO) Detail

April 3, 2024 - April 5, 2024

Bharti Hexacom IPO is a book built issue of Rs 4,275.00 crores. The issue is entirely an offer for sale of 7.5 crore shares.

Bharti Hexacom IPO bidding started from April 3, 2024 and ended on April 5, 2024. The allotment for Bharti Hexacom IPO was finalized on Monday, April 8, 2024. The shares got listed on BSE, NSE on April 12, 2024.

Bharti Hexacom IPO price band is set at ₹542 to ₹570 per share. The minimum lot size for an application is 26 Shares. The minimum amount of investment required by retail investors is ₹14,820. The minimum lot size investment for sNII is 14 lots (364 shares), amounting to ₹207,480, and for bNII, it is 68 lots (1,768 shares), amounting to ₹1,007,760.

SBI Capital Markets Limited, Axis Capital Limited, Bob Capital Markets Limited, ICICI Securities Limited and Iifl Securities Ltd are the book running lead managers of the Bharti Hexacom IPO, while Kfin Technologies Limited is the registrar for the issue.

Refer to Bharti Hexacom IPO RHP for detailed information.

Bharti Hexacom IPO Details

IPO Date April 3, 2024 to April 5, 2024
Listing Date April 12, 2024
Face Value ₹5 per share
Price Band ₹542 to ₹570 per share
Lot Size 26 Shares
Total Issue Size75,000,000 shares
(aggregating up to ₹4,275.00 Cr)
Offer for Sale75,000,000 shares of ₹5
(aggregating up to ₹4,275.00 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE
Share holding pre issue500,000,000
Share holding post issue500,000,000

Bharti Hexacom IPO Reservation

Bharti Hexacom IPO offers 75,000,000 shares. 22,500,000 (30.00%) to QIB, 11,250,000 (15.00%) to NII, 7,500,000 (10.00%) to RII and 33,750,000 (45.00%) to Anchor investors. 288,461 RIIs will receive minimum 26 shares and 10,302 (sNII) and 20,604 (bNII) will receive minimum 364 shares. (in case of oversubscription)

Investor Category Shares OfferedMaximum Allottees
Anchor Investor Shares Offered33,750,000 (45.00%)NA
QIB Shares Offered22,500,000 (30.00%)NA
NII (HNI) Shares Offered11,250,000 (15.00%)
  bNII > ₹10L7,500,000 (10.00%)20,604
  sNII < ₹10L3,750,000 (5.00%)10,302
Retail Shares Offered7,500,000 (10.00%)288,461
Total Shares Offered75,000,000 (100%)

Bharti Hexacom IPO Anchor Investors Details

Bharti Hexacom IPO raises Rs 1,923.75 crore from anchor investors. Bharti Hexacom IPO Anchor bid date is April 2, 2024. Bharti Hexacom IPO Anchor Investors list

Bid Date April 2, 2024
Shares Offered 33,750,000
Anchor Portion Size (In Cr.) 1,923.75
Anchor lock-in period end date for 50% shares (30 Days) May 8, 2024
Anchor lock-in period end date for remaining shares (90 Days) July 7, 2024

Bharti Hexacom IPO Timeline (Tentative Schedule)

Bharti Hexacom IPO opens on April 3, 2024, and closes on April 5, 2024.

IPO Open Date Wednesday, April 3, 2024
IPO Close Date Friday, April 5, 2024
Basis of Allotment Monday, April 8, 2024
Initiation of Refunds Wednesday, April 10, 2024
Credit of Shares to Demat Wednesday, April 10, 2024
Listing Date Friday, April 12, 2024
Cut-off time for UPI mandate confirmation 5 PM on April 5, 2024

Bharti Hexacom IPO Lot Size

Investors can bid for a minimum of 26 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 26 ₹14,820
Retail (Max) 13 338 ₹192,660
S-HNI (Min) 14 364 ₹207,480
S-HNI (Max) 67 1,742 ₹992,940
B-HNI (Min) 68 1,768 ₹1,007,760
Lot Size Calculator

Bharti Hexacom IPO Promoter Holding

The Promoter of the Company is Bharti Airtel Limited

Share Holding Pre Issue 70.00%
Share Holding Post Issue 70.00%

About Bharti Hexacom Limited

Incorporated in 1995, Bharti Hexacom Limited provides fixed-line telephone and broadband services to customers in Rajasthan and North East telecom circles in India.

The company provides services in states such as Rajasthan and Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland and Tripura. ;

By December 31, 2023, the company has invested โ‚น206 billion in digital infrastructure capital expenditures to be future-ready.

As of December 31, 2023, the company has 27.1 million customers across 486 census towns.

As of December 31, 2023, there were 616 distributors and 89,454 retail touchpoints in the distribution network.

As of December 31, 2023, the company had 19,144 thousand data customers, out of which 18,839 thousand were 4G and 5G customers.

Bharti Hexacom Limited Financial Information (Restated Standalone)

Bharti Hexacom Limited's revenue increased by 22.3% and profit after tax (PAT) dropped by -67.2% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets19,603.0018,252.9016,674.3015,003.50
Revenue5,420.806,719.205,494.004,704.30
Profit After Tax281.80549.201,674.601,033.90
Net Worth3,978.803,972.203,573.201,898.70
Reserves and Surplus4,166.103,959.503,410.501,736.00
Total Borrowing6,253.006,269.307,198.305,975.20
Amount in ₹ Crore

Key Performance Indicator

The market capitalization of Bharti Hexacom IPO is Rs 28500 Cr.

KPI as of December 31, 2023.

KPI Values
Debt/Equity1.41
RoNW7.08%
P/BV6.45
Pre IPO Post IPO
EPS (Rs) 10.987.51
P/E (x) 51.8975.85
Note:
  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2023 that is available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of December 31, 2023 that is available in RHP.

Objects of the Issue (Bharti Hexacom IPO Objectives)

The objects of the Offer are to

  1. To carry out the Offer for Sale of up to 75,000,000 Equity Shares by the Selling Shareholder; and
  2. Achieve the benefits of listing the Equity Shares on the Stock Exchanges.

Bharti Hexacom IPO Review (Apply)

[Dilip Davda]  The company is having strong parentage of โ€œAirtelโ€ group. Its one-time accounting adjustments kept the net profit on de-growth mode, but at the gross level, it marked growth. Based on 9M-FY24 earnings, the issue appears fully priced. It enjoys virtual leadership in the telecom circles it is operating and is confident of maintain the lead. Investors may park funds for the medium to long term rewards. Read detail review...


Bharti Hexacom IPO Subscription Status (Bidding Detail)

The Bharti Hexacom IPO is subscribed 29.88 times on April 5, 2024 6:19:08 PM. The public issue subscribed 2.83 times in the retail category, 48.57 times in the QIB category, and 10.52 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
QIB48.57
NII10.52
    bNII (bids above ₹10L)12.27
    sNII (bids below ₹10L)7.00
Retail2.83
Total29.88

Total Application : 619,251 (2.15 times)

Bharti Hexacom IPO Prospectus

Bharti Hexacom IPO Rating

15
3.7
Rating:Rated 3.7 stars
Vote Here ...

Bharti Hexacom IPO Listing Details

Listing Date April 12, 2024
BSE Script Code 544162
NSE Symbol BHARTIHEXA
ISIN INE343G01021
Final Issue Price ₹570 per share

Pre-Open Session - NSE Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE
₹570.00
₹755.20
₹755.20
₹879.90
₹813.75
NSE
₹570.00
₹755.00
₹755.00
₹880.00
₹813.30

Check IPO Performanceโ€ฆ

Bharti Hexacom Limited Contact Details

Bharti Hexacom Limited
Bharti Crescent, 1
, Nelson Mandela Road
Vasant Kunj, Phase II, New Delhi-110 070
Phone: 011-46666100
Email: bhartihexacom@bharti.in
Website: https://www.bhartihexacom.in/

Bharti Hexacom IPO Registrar

Kfin Technologies Limited

Phone: 04067162222, 04079611000
Email: bhl.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/

Bharti Hexacom IPO FAQs

Bharti Hexacom IPO is a main-board IPO of 75,000,000 equity shares of the face value of ₹5 aggregating up to ₹4,275.00 Crores. The issue is priced at ₹542 to ₹570 per share. The minimum order quantity is 26 Shares.

The IPO opens on April 3, 2024, and closes on April 5, 2024.

Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Zerodha customers can apply online in Bharti Hexacom IPO using UPI as a payment gateway. Zerodha customers can apply in Bharti Hexacom IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Bharti Hexacom IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Bharti Hexacom IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Bharti Hexacom IPO opens on April 3, 2024 and closes on April 5, 2024.

Bharti Hexacom IPO lot size is 26 Shares, and the minimum amount required is ₹14,820.

You can apply in Bharti Hexacom IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Bharti Hexacom IPO will be done on Monday, April 8, 2024, and the allotted shares will be credited to your demat account by Wednesday, April 10, 2024. Check the Bharti Hexacom IPO allotment status.

The Bharti Hexacom IPO listing date is on April 12, 2024.
Open an Instant Account with Zerodha

Bharti Hexacom IPO Message Board

Ranked Members of Chittorgarh.com Forum  Ranked Members | Members with Most Likes

Loading...

2632 Comments

834. DGGuj |   Link |  Bookmark |April 29, 2024 2:52:56 PM
Bhaio.. Koi hai Bharti Hexacom ko sambhal ne vala? Koi to jago...
Aur bato ye kis level Tak gire ga?
834.1. Learningstocks |   Link |  Bookmark |April 29, 2024 11:31:04 PM
yes, i too want to know.. its falling now...
834.2. RPM |   Link |  Bookmark |April 30, 2024 12:00:20 PM (200+ Posts)
I m planning to buy around 810.. it may not close below 800.
833. margaliz |   Link |  Bookmark |April 29, 2024 3:45:53 PM
In today's world, the significance of effective business management cannot be overstated. A key to success lies in the utilization of innovative technologies and platforms, such as https://tp-play.in/, which centralize resources and streamline operations. This approach not only enhances productivity but also facilitates seamless communication and collaboration across various departments. By embracing such advancements, businesses can gain a competitive edge, adapt to market changes more swiftly, and drive sustainable growth. Emphasizing strategic integration of technology is essential for any business aiming to thrive in the digital age.
832. DGGuj |   Link |  Bookmark |April 25, 2024 12:46:31 PM
Any one who is tracking Bharti Hexacom as after Jefferies target 1080 it is going down day by day. So thisseems same like Hindanberg report. Just because Jefferies retail investors started buying and after 1015 shares started going down sides.. so please guide what is the lowest level for Bharti Hexacom.. holding 3 lots. Thanks in advance..
831. abc xyz |   Link |  Bookmark |April 18, 2024 12:53:37 PM
IPO Guru IPO Guru (1400+ Posts, 1400+ Likes)
Great day again for Hexacom as it creats another high of 1017. Creating new high everyday.

Hope VI too give good returns to it's investors.
831.3. Jamnagar IPOholic |   Link |  Bookmark |April 19, 2024 2:20:17 AM
Ok sir..

Let's wait till final day..👍👍
831.4. DGGuj |   Link |  Bookmark |April 26, 2024 2:38:59 PM
@Jamnagar IPOholic Sir, are you tracking Bharti Hexacom? What is the future,?

Thanks in advance..
830. Abias |   Link |  Bookmark |April 18, 2024 12:20:31 PM
@Jonsnow Sir your target reached in intraday.
Hope closing is in four digits.
Keep minting more profits.
830.1. Jonsnow |   Link |  Bookmark |April 18, 2024 8:33:57 PM (300+ Posts)
Yes...I am still holding my 200 shares bought at 810.....hopefully will make new ATH in coming days...
829. harit |   Link |  Bookmark |April 18, 2024 12:19:45 PM
Alloted 2 retail
Sold 1 @755
Sold remaining@970
Happy 😊
828. Rakcyt |   Link |  Bookmark |April 16, 2024 8:27:52 AM
IPO Guru IPO Guru (1300+ Posts, 1300+ Likes)
Jeffery has raised the target to 1080 - overweight. Time to hold the remaining if any .
Enjoy the further upside
828.11. Chhote Lal |   Link |  Bookmark |April 18, 2024 12:37:08 PM
IPO Mentor IPO Mentor (6000+ Posts, 4400+ Likes)
@Rakcyt  It did cross 1000 today.
Best Wishes for some more of upside 👍
828.12. Rakcyt |   Link |  Bookmark |April 18, 2024 1:15:12 PM
IPO Guru IPO Guru (1300+ Posts, 1300+ Likes)
@Chhote Lal  Wanted to have good start in the year by booking handsome profits , so final assault at 1000 and out now .
827. Thiagarajan Ramasamy |   Link |  Bookmark |April 15, 2024 10:51:30 AM
Top Contributor Top Contributor (700+ Posts, 200+ Likes)
NSE and BSE combined Trading and Delivery Volume on listing day 12/04/24.

55559022 / 31966723 . This is 77.50% of the total available 41250000 shares.

But for the short term weakness in the Market, the stock would have scaled new highs today.
827.1. Chhote Lal |   Link |  Bookmark |April 15, 2024 11:29:14 AM
IPO Mentor IPO Mentor (6000+ Posts, 4400+ Likes)
Geo-political events have put pressure in our markets too. This counter is experiencing fluctuations but upward momentum may commence ...
826. Bull raja |   Link |  Bookmark |April 15, 2024 12:03:32 AM
Allotted 2/6 in retail, both in female accounts.
826.1. Chhote Lal |   Link |  Bookmark |April 15, 2024 11:33:18 AM
IPO Mentor IPO Mentor (6000+ Posts, 4400+ Likes)
This is called Lady Luck 😀
Congratulations 🎉
825. S L Meena |   Link |  Bookmark |April 14, 2024 11:23:24 PM
Thanks sir ji
824. Jai sriram |   Link |  Bookmark |April 14, 2024 9:17:27 PM
1 lot shell 780 ,2nd lot hold h ,bahut din bad ek Sath 2 demate ac m ipo mila h
823. Ashish Khater |   Link |  Bookmark |April 13, 2024 9:47:52 PM
IPO Mentor IPO Mentor (600+ Posts, 400+ Likes)
Courtesy: Newgen consultancy Saheb

Bharti Hexacom Fundamental Analysis At CMP

First Of All The News Of 16-19% Tariff Rate Hike Post General Elections Is Been Out Just 2 Days Back

The Whole Earnings Projections Have Changed Now And All The Telecoms May Get An Upgraded Outlook Especially Bharti Airtel & Hexacom

Upgraded Forward Earnings Projections :

FY 25 Forward Earnings :
Rev - 8720 cr
PAT - 1240 cr

Giving It A 38×
Fair M.cap - 47210 cr
Fair Price Per Share - 940
Indicating An Upside Of 15.9%

The Earnings Upgrades Are Done Due to Tariff Hikes & These Calculations Are Conservative
Jai Jinendra.....Ipo bharo aur bharne Do....
823.1. newgen consultancy |   Link |  Bookmark |April 14, 2024 12:28:04 AM
IPO Guru IPO Guru (3400+ Posts, 6500+ Likes)
Continue

Why To Give 38 Multiple To This Business As We Gave 34× in Past :

1.If FY26 Earnings Projections Are Brought Into Picture, They will be Very Super, Roughly It will Make 1850 cr PAT,
The PE Comes At Almost 25.5× which is Reasonable

2.Expected ARPU in FY25
214-218 i.e Highest
The Main Question Whether To Keep This For Long-term & What I Did With My Remaining Allotment

➡️I Personally Don't Feel, Aggressively Betting My
50% Gain For 14-16% More
Is Worthy,
The Risk To Reward Isn't Very Great

I Sold More In Parts
Now Holding Around 15%
Out of Full
822. S L Meena |   Link |  Bookmark |April 13, 2024 6:12:55 PM
I applied in SNI category for 28 lote but nil allotment , as par subscribse figure 7 Time four time more please any one suggest or reply cause of not allotment
822.1. Vimal Garodia |   Link |  Bookmark |April 13, 2024 6:24:08 PM
IPO Guru IPO Guru (3500+ Posts, 3900+ Likes)
@S L Meena In an oversubscribed IPO, allotment is on a lottery basis..

So, it is just badluck, nothing else. Hope you get it next time, keep on applying..all the best..
821. Ipo asansol |   Link |  Bookmark |April 13, 2024 9:18:00 AM
SOLD ALL 2 RETAIL LOT AT RS 840/
BAISHAKHI GIFT GIVEN
821.1. sunil surat |   Link |  Bookmark |April 13, 2024 12:04:12 PM
R u from asansol?
821.2. Ipo asansol |   Link |  Bookmark |April 13, 2024 12:46:24 PM
YES
820. Tejas Pandya |   Link |  Bookmark |April 12, 2024 9:13:14 AM
IPO Guru IPO Guru (3500+ Posts, 2800+ Likes)
EPACK KA..
JG CHEMICAL KA..
SRM KA..

SABKA BADLA LEGA RE TERA YE BHARTI HEXACOM..🔥🔥
820.13. Tejas Pandya |   Link |  Bookmark |April 13, 2024 12:48:47 AM
IPO Guru IPO Guru (3500+ Posts, 2800+ Likes)
Thanks doston..
820.14. diwan kapoor |   Link |  Bookmark |April 13, 2024 1:30:04 AM
IPO Guru IPO Guru (1500+ Posts, 1000+ Likes)
@Tejas Pandya Profit mubarak ho.. Bandhu 🥀🥀
819. Marwadi IPO |   Link |  Bookmark |April 13, 2024 1:22:41 AM
Bloodbath in dow Jones.
Thank God today listing done.
818. newgen consultancy |   Link |  Bookmark |April 12, 2024 11:17:06 AM
IPO Guru IPO Guru (3400+ Posts, 6500+ Likes)
How's The Josh

Hope Everyone Applied And Got Allotted

I Have Booked 50% of Capital At 795
And Holding Rest

Congratulations 🎊 👏
818.46. ๐ŸŽ Just For IPO ๐Ÿ”” |   Link |  Bookmark |April 12, 2024 9:37:34 PM
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
नाही भेटले सरजी ..
6 shni लावले पण एकही भेटला नाही.. आता idea मध्ये लॉटरी खेळून बघू.. 😊🙏👍
818.47. Puny shah |   Link |  Bookmark |April 13, 2024 12:38:30 AM
@newgen consultancy Apjo 50% hold kr rheho uske liye koi statergy....plzz give us ur valuable Suggestions...thnx in advance..
817. Smileโœ๏ธ |   Link |  Bookmark |April 12, 2024 8:25:14 PM
IPO Guru IPO Guru (1800+ Posts, 1000+ Likes)
Big issue size = Market Crash
VI 18000 Cr = Iran Israel war
But treat this again as great Indian sale offer to accumulate quality performers
817.2. Chhote Lal |   Link |  Bookmark |April 12, 2024 11:45:23 PM
IPO Mentor IPO Mentor (6000+ Posts, 4400+ Likes)
@UjwalG Cheap price of VI may attract more retailers but Retail quota is limited to 35%
817.3. Vimal Garodia |   Link |  Bookmark |April 13, 2024 9:57:27 AM
IPO Guru IPO Guru (3500+ Posts, 3900+ Likes)
If the VI share price gravitates towards 11 Rs then the retail portion might not be fully subscribed..
816. ๐Ÿ”ฅ IPO CALLING ๐Ÿ”ฅ |   Link |  Bookmark |April 12, 2024 11:00:14 PM
IPO Mentor IPO Mentor (900+ Posts, 700+ Likes)
No bulk deal

Mal kon uthalegaya ??

Main question 🤔
816.1. HappyToHelp |   Link |  Bookmark |April 12, 2024 11:09:16 PM
IPO Mentor IPO Mentor (500+ Posts, 300+ Likes)
Kisi ne becha hi nahi 😂😂
816.2. Mr. Singh |   Link |  Bookmark |April 12, 2024 11:21:55 PM
IPO Guru IPO Guru (1000+ Posts, 600+ Likes)
Becha bhai. Volume tha. But kisi ek ko nahi mila kyunki buyer kafi the.
815. Ipo is coming |   Link |  Bookmark |April 12, 2024 4:55:47 PM (300+ Posts)
It was a good listening... This company in decline financial.. future growth is not expected.. purely offer for sell of 4275 cr
Business model is not good.... then what is the reason for holding and buying
Is this only for good anchor investor?
Or we are getting to greedy?
Subscription in Hni and retail was not impressive
815.1. Simply Vicky |   Link |  Bookmark |April 12, 2024 9:01:14 PM
Top Contributor Top Contributor (700+ Posts, 100+ Likes)
@Ipo is coming You are absolutely correct. People have gone frenzy due to strong promoter name patronage ignoring current financial & future growth prospects.
Further it was OFS. Company did not get any thing to infuse into business. I will not buy at cmp. Even i removed my big order as it touched rs.650 level. So i am not interested here. Now this scrip will trap innocent retail investors like VI.
815.2. Abhii VPG |   Link |  Bookmark |April 12, 2024 9:24:03 PM
IPO Mentor IPO Mentor (1000+ Posts, 300+ Likes)
Decline in financials (bottom line) is because of special adjustments, otherwise company is growing.
Future also seems good as, soon there will be price hike in this industry which will be lead by Bharti (read somewhere).