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Bharti Hexacom IPO Details 2024

IPO Status: Listed [3rd Apr 2024 to 5th Apr 2024]

Rated 3/5 by Team InvestorGain
Bharti Hexacom IPO Detail

Bharti Hexacom IPO, a Mainline IPO of ₹4275.00 Cr was launced on 03-04-2024 to 05-04-2024 and the shares got listed on BSE, NSE on 12-04-2024.

The public issue of Bharti Hexacom IPO (BHARTIHEXA,544162) was offered at ₹570.00 per share and the ipo was listed at ₹755.00. It has delivered listing gain of 32.46%.

As the minimum lot size was 26 shares, the IPO has offered Rs 4810.00 per lot return on listing.

Bharti Hexacom IPO Details

IPO Issue Opening Date: 3rd Apr 2024
IPO Issue Closing Date: 5th Apr 2024
IPO Issue Price: ₹542.00-570.00 Per Share
DRHP: Download DRHP
RHP: Download RHP
Anchor List: Download Anchor List
IPO Listing At: BSE, NSE
Retail Quota: Not more than 10% of the Net Issue
IPO Issue Type: Book Build Issue
IPO Issue Size: ₹4275.00 Cr
Offer for Sale: ₹4275.00 Cr
Face Value: ₹5 Per Equity Share
IPO Discount: TBD
Promoter Holding Pre IPO: 70.00%
Promoter Holding Post IPO: 70.00%
Allotment Status: Allotment Status
BSE Code: 544162

Bharti Hexacom IPO Important Dates

Get important updates regarding Bharti Hexacom IPO tentative timeline covering IPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.

Bharti Hexacom IPO dates
IPO Activity Date
Basis of Allotment Date* 8th Apr 2024
Refunds Initiation* 10th Apr 2024
Credit of Shares to Demat* 10th Apr 2024
IPO Listing Date* 12th Apr 2024

* - Tentative Dates

Bharti Hexacom IPO Lots

IPO Activity Date
Issue Price ₹542.00-570.00
Market Lot: 26 Shares
1 Lot Amount: ₹14820
Min Small HNI Lots(2-10 Lakh): 364 shares (14 lots)
Min Big HNI Lots(10+ Lakh): 1768 shares (68 lots)

Bharti Hexacom IPO GMP**

GMP DateIPO PriceGMPSub2 Sauda RateExpected Listing GainLast Updated
12-04-2024570.001402800/39200₹710 (24.56%)12-Apr-2024 10:29
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**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.

About Company - Bharti Hexacom

Incorporated in April 1995, Bharti Hexacom Limited is a communications solutions provider offering mobile, fixed and broadband services to customers in Rajasthan and North Eastern telecom circles in India, which includes the states of Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland and Tripura. The company offers its services under the brand "Airtel". The company has a clear strategy to expand its portfolio by attracting and retaining high-value customers and providing them with an exceptional experience through its omnichannel approach and use of data science.

The company has a range of digital offerings to enhance customer engagement, as well as differentiated, customised offerings through family and convergence plans under the Airtel Black Proposition, which have led to a steady improvement in market share over the last three financial years. The company is taking prudent cost optimization measures to improve its profitability and maintain an efficient capital structure with a comfortable leverage position.

The Company has an extensive distribution and service network in the regions in which it operates and has opened 18 retail stores and 8 small format stores to reach 88 cities in the six months ended September 30, 2023 and in the last three financial years (as of September 30, 2023). As of September 30, 2023, its distribution network comprised 617 dealers and 88,586 retail locations.

Bharti Hexacom IPO Strengths

  • Established leadership position and large customer base.
  • Presence in markets with high growth potential.
  • Strong parent company and established brand.
  • Development of a sustainable network.
  • Extensive sales and service network.
  • Experienced management team.
Incorporation Sector IPO Issue Size Website
1995 Telecom - Cellular & Fixed line services ₹4275.00 Cr

Bharti Hexacom IPO Objective

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.
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Bharti Hexacom IPO Live Subscription (NSE + BSE)

The table below is live update of IPO bidding details from NSE and BSE.

  • Qualified Institutional Buyers: 22,500,000 Shares
  • Non-Institutional Investors: 11,250,000 Shares
  • Retail Individual Investor: 7,500,000 Shares
IPO Bidding Live Updates from BSE + NSE
 # of Shares Offered22,500,000 (54.55%)11,250,000 (27.27%)7,500,000 (18.18%)41,250,000
13rd Apr 2024 19:040.29x0.36x0.50x0.35x
24th Apr 2024 19:040.82x1.72x1.16x1.12x
35th Apr 2024 18:2148.57x10.52x2.83x29.88x

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
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

Bharti Hexacom IPO Peer Comparison

The table below show peer comparison from DRHP/RHP.

CompanyEPS BasicEPS DilutedNAVP/E(x)RoNWFinancial statements
Bharti Hexacom Limited10.9810.9884.1913.83Standalone
Bharti Airtel Limited14.814.57136.7282.1615.84Consolidated
Vodafone Idea Limited-8.43-8.43-15.28-1.63Consolidated
Reliance Jio Infocomm Limited4.051.07488.43Consolidated

Company Address

Bharti Hexacom Limited
Bharti Crescent, 1, Nelson Mandela Road, Vasant Kunj
Phase II,Delhi-110070
Phone: 011-46666100
Email: [email protected]

Bharti Hexacom IPO Registrar

Kfin Technologies Limited
KFintech, Tower-B, Plot No 31 & 32,
Financial District, Nanakramguda, Gachibowli,
Hyderabad, Telangana India - 500 032.
Phone: 04067162222, 04079611000
Email: [email protected]
Bharti Hexacom IPO Important dates - Issue Open Date, close Date, IPO Listing Date. IPO Details - Offer Size, Issue Size, Type of IPO, Issue Price, Market Lot, BSE Cd, NSE Cd, IPO Listing date. What is the issue open date and close date for Bharti Hexacom? Should I apply in Bharti Hexacom IPO?

Last Updated on 16-Apr-2024 07:02:45


Zerodha allows to apply online in IPOs via their back office software "console". UPI payment mode is to be used to apply online through Zerodha. To purchase Bharti Hexacom IPO with Zerodha, you must be Zerodha customer and have UPI payment setup. For more details please visit detailed article Step by Step Guide to apply Bharti Hexacom IPO with Zerodha.

Alternate approch to apply in Bharti Hexacom IPO is ASBA. You can use Zerodha DP information and apply online via ASBA with your prefered net banking user id.

Bharti Hexacom IPO Review and Important Updates

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Apply in Bharti Hexacom IPO online

To subscribe or apply in Bharti Hexacom IPO, you can use the following methods:

Bharti Hexacom IPO Applying Mode
Online Application3-in-1 Trading Account

If your broker is 3-in-1 service provider, you can apply in Bharti Hexacom IPO directly with your brokers website. Example HDFC Sky, ICICI Direct, AxisDirect are 3-in-1 brokers provide you direct IPO investment.

Online Application2-in-1 Trading Account

Brokers like Zerodha, TradeSmart Online provides access to applying in Bharti Hexacom IPO with their in-house developed platform. You need to apply in IPO via UPI payment method. You must have access of your UPI mandate to apply in IPO online.

Online ApplicationASBA

This is one of the most popular mode of applying in Bharti Hexacom IPO. Most of the Syndicate Banks provide access to apply in Bharti Hexacom IPO via ASBA process. You must have your net banking access, DP ID information to apply in Bharti Hexacom IPO via ASBA. Bank like Axis, SBI allows you to apply maximum 5 application from one bank account. However, ICICI, HDFC bank have limit of one IPO ASBA application per account.

Offline ApplicationPhysical Form

You can apply in Bharti Hexacom IPO via physical form, but not with ASBA. Physical Forms need to be filled using UPI mode of payment and need to approve the mandate of UPI with your registered phone number with your UPI provider. You can use BHIM app or banks mobile app who support UPI process like SBI, HSBC, Axis, ICICI, HDFC, Yes Bank, Citi Bank mobile app.

Bharti Hexacom IPO Review and Important Updates

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Applying in Bharti Hexacom IPO is very easy and quick process via ASBA. You can use your net banking user id and password to apply in IPO. In case you want to submit physical application, you can download Bharti Hexacom IPO application online and submit to the nearest bank or to your broker. With new mandate from SEBI, all physical application need to use UPI mode of payment. In such case you have to setup UPI and provide your UPI information in physical application. Once your bank receives your application they will use UPI ID to block your money. You will get UPI mandate and need to approve the same to submit your application.

For more details on how to use UPI payment method to apply Bharti Hexacom IPO, please refer article >> Link

Bharti Hexacom IPO Review and Important Updates

Steps to download the online application form for Bharti Hexacom IPO

  • Step1:Click here.
  • Step2: Click on “Bid-cum Application Form Download
  • Step3: Above Step will open an online form.
  • Step4: Enter your Name, PAN, DP Type, DP Information, UPI No, Bank information (Do not enter), Address, email, phone, Transaction Type - "ASBA".
  • Step5: Fill bid details - min 26 and max 338 shares (13 lots).
  • Step6: Now fill the character given in Box, read and agree on terms and conditions and click on the download button.
  • Step7: This will fill your application online and give you a pdf file.
  • Step8: Take a print of this document and go to your bank for UPI transactions.
  • Or

  • You can download “Blank Application Form Download” and fill all the required filed and submit to the nearest bank for UPI transaction.

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Bharti Hexacom IPO is going to be list on 12-04-2024. NSE Code for Bharti Hexacom is BHARTIHEXA. BSE Code for Bharti Hexacom is 544162.

Other relevant questions:

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Bharti Hexacom IPO Allotment Date is 08-04-2024.

Other relevant questions:

Bharti Hexacom IPO share allotment date?Bharti Hexacom IPO allotment date?


User Reviews

5. Pirani Sumit Apr 03 2024 02:35:41 PM Reply
Apply for long-term at cut off price .
4. SIVAKUMAR KARUPPUSAMY Mar 23 2024 08:03:19 AM Reply
Bharti Hexacom IPO expected listing gain.
3. Gurdit Singh Grover  Mar 23 2024 08:03:19 AM Reply
Please confirm Bharti Hexacom IPO GMP (grey market premium) and kostak.
2. Anil Kumar Sharma  Mar 23 2024 08:03:19 AM Reply
Bharti Hexacom IPO good or bad.
1. Hasmukh jain  Mar 23 2024 08:03:19 AM Reply
Bharti Hexacom IPO whether to invest or not.