IPO Issue Details
Issue Price / Price Band₹570 per share (Fixed Price)
Face Value₹5 Per Share
Lot Size26 Shares per Lot
Total Issue Size7,50,00,000 shares (aggregating up to ₹4,275.00 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryOffer For Sale
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenWed, 03 Apr 2024
Subscription CloseFri, 05 Apr 2024
Anchor AllotmentTue, 02 Apr 2024
Basis of AllotmentMon, 08 Apr 2024
Initiation of RefundsWed, 10 Apr 2024
Credit of Shares to DematWed, 10 Apr 2024
Listing DateFri, 12 Apr 2024
UPI Mandate Deadline2024-04-05
Application & Investment Details
Retail — Min (1 Lots)₹14,820 — 26 shares
Retail — Max (13 Lots)₹192,660 (13 Lots)
HNI — Min (14 Lots)₹2,07,480 — 364 shares
EPS (Pre-IPO)₹10.98
EPS (Post-IPO)₹7.51
P/E Ratio (Pre-IPO)51.89x
P/E Ratio (Post-IPO)75.85x
Pre-IPO Promoter Holding50,00,00,000 shares
Post-IPO Promoter Holding50,00,00,000 shares
About Bharti Hexacom Ltd.
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 ₹206 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.
Objects of the Issue
Bharti Hexacom Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
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.
Shareholding & Lock-in
Pre-IPO Promoter Holding
50,00,00,000 shares
Post-IPO Promoter Holding
50,00,00,000 shares
Lock-in Period (30%)May 8, 2024
Lock-in Period (50%)July 7, 2024