Ashok Rathi

Bharti Hexacom IPO Details date Review, IPO Status 2024

Bharti Hexacom IPO Details. Bharti Hexacom Limited was incorporated in 1995. Bharti Hexacom IPO subscription open from 3 April 2024 and issue closes on 5 April 2024. IPO Face value is Rs.5. IPO Issue bid size is between Rs.542 to Rs.570 per share. The minimum lot size is 26 shares per lot.

Kfin Technologies Limited is the registrar of this IPO and  Axis Capital Limited, SBI Capital Limited, BOB Capital Limited, and IIFL Securities Limited are the book running lead manager of Bharti Hexacom IPO.

Bharti Hexacom IPO Details

Company Name Bharti Hexacom
IPO Open Date 3 April 2024
IPO Close Date 5 April 2024
Face Value Rs.5 per share
Lot Size 26 Shares
Price Band ₹542 to ₹570 per share
Issue Type Book Built Issue IPO
Offer For Sale 75,000,000 shares
(aggregating up to ₹4,275.00 Cr)
Total Issue Size 75,000,000 shares
(aggregating up to ₹4,275.00 Cr)
Share Holding Pre Issue 500,000,000
Share Holding Post Issue 500,000,000
Listing at NSE SME
Listing Date 12 April 2024

Bharti Hexacom IPO Timeline

Bharti Hexacom IPO issue opens on 3 April on closes on 5 April 2024. Here is the tentative timeline of Bharti Hexacom Limited.

Company Name  Bharti Hexacom Limited Mainboard IPO
IPO Open Date Wednesday 3 April 2024
IPO Close Date Friday 5 April 2024
Cut Off Time UPI Payment Friday 5pm on 5 April 2024
Basis of Allotment Monday 8 April 2024
Refunds Initiation Wednesday 10 April 2024
Shares Credit in Demat Acc. Wednesday 10 April 2024
Listing Date Friday 12 April 2024

Bharti Hexacom IPO Reservations for Investors Category

For all IPO Investors Categories of Bharti Hexacom Limited IPO reservations is announced such as  for QIB(Qualified Institutional Bidders), HNI(High Net worth Individuals), Retail Investors and Anchor Investors Shares Offered

Investor Category Shares Offered
QIB Investors Shares Offered Not more than 75% of the Net Issue
Retail  Shares Offered Not less than 10% of the Net Issue
 NII (HNI) Shares Offered Not less than 15% of the Net Issue

Bharti Hexacom IPO Lot Size : Bharti Hexacom IPO investor can apply for minimum of 26 shares per lot and in multiples thereof. Here below is given the tables of minimum and maximum investment in shares allotment or in terms of amount investment of each and every investor.

Application Lot Size Shares Amount
Retail Minimum 1 lot 26 shares ₹14820
Retail Maximum 13 lot 338 shares ₹192660
Small HNI Minimum 14 lot 364 shares ₹2,07480
Small HNI Maximum 67 lot 1742 shares ₹992940
Big HNI Minimum 68 lot 1768 shares ₹1007760

An Intro About Bharti Hexacom Limited

Bharti hexacom was incorporated in 1995 with the aim of offers fixed-line and broadband services to consumers in Rajasthan and Northeast telecom regions of India. Company provides services to States like Rajasthan, Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland, and Tripura.

bharti hexacom IPo Details
Bharti Hexacom Limited IPO Details

In order to be prepared for the future, the corporation has committed ₹206 billion in capital expenditures for digital infrastructure by December 31, 2023.

The corporation served 27.1 million subscribers in 486 census localities as of December 31, 2023. The distribution network included 89,454 retail touchpoints and 616 distributors as of December 31, 2023.

Find here the some best much needed link to see the development of IPO process in the market, we can see here like.

If you want to check the current IPO status of the on going IPO than here is the check list for IPO Subscription Status
Once you are satisfied with IPO subscription status and want to check the allotment status than click IPO Allotment Status
With the ongoing process of IPO market you can see the ups and downs of grey market premium here at IPO GMP Grey Market Premium
If you want to check out the listing day gain or loss of any IPO in 2024 or later years than click here IPO Performance Tracker
If you are interesting to know more about IPO than see Mainboard IPO List | SME IPO List | Upcoming IPO in 2024 | Rights Issue | NCD List

Bhart Hexacom IPO Registrar : 

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

Bharti Hexacom FAQ

When Bhart Hexacom IPO Will Open ?  It opens on 3 April 2024.

What is Bharti Hexacom IPO ? The main-board initial public offering (IPO) of 75,000,000 equity shares with a face value of ₹5 represents ₹4,275.00 crores. This is the Bharti Hexacom IPO.

The share price of the issue ranges from ₹542 to ₹570. There is a 26-share minimum order quantity. April 3, 2024 is when the IPO begins, and April 5, 2024 is when it ends. The initial public offering registrar is Kfin Technologies Limited. It is suggested that the shares be listed on the BSE and NSE.

What is the lot size of bharti hexacom limited IPO ? 26 shares per lot is the lot size of bharti hexacom limited IPO.

When is allotment date of Bharti Hexacom IPO? 8th April is the share allotment date of  this IPO.

When is listing date of Bharti Hexacom IPO? 12th April 2024 is the listing date of Bharti Hexacom limited IPO.

How to apply for SRM IPO Subscription ?

There are some simple steps to follow

  • First go to your brokers website and login there
  • 2nd after login see the IPO section and click there
  • 3rd click the Bharti Hexacom IPO Service Bid button here
  • 4th enter and confirm your UPI id here, Fill quantity and price than submit this application form.
  • 5th Now visit your UPI app page and approve the amount transaction.
  • 6th Now Finally IPO Bidding process is completed. Now you have subscribed for this IPO application

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