IPO Issue Details
Issue Price / Price Band₹240 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size50 Shares per Lot
Total Issue Size18,89,00,000 shares (aggregating up to ₹4,172.76 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenTue, 11 Dec 2012
Subscription CloseFri, 14 Dec 2012
Anchor AllotmentMon, 10 Dec 2012
Basis of AllotmentThu, 20 Dec 2012
Initiation of RefundsFri, 21 Dec 2012
Credit of Shares to DematFri, 21 Dec 2012
Listing DateFri, 28 Dec 2012
UPI Mandate Deadline2012-12-14
Application & Investment Details
Retail — Min (1 Lots)₹11,000 — 50 shares
Retail — Max (13 Lots)₹156,000 (13 Lots)
HNI — Min (19 Lots)₹2,09,000 — 950 shares
Pre-IPO Promoter Holding1,74,24,08,730 shares
Post-IPO Promoter Holding1,88,86,42,842 shares
Fresh Issue Shares14,62,34,112 shares (aggregating up to ₹3,230.28 Cr)
Offer for Sale Shares4,26,65,888 shares of ₹10 (aggregating up to ₹942.48 Cr)
About Bharti Infratel Ltd.
Incorporated in 2006, Bharti Infratel Limited is a provider of tower and related infrastructure. Bharti Infratel is one of the world's largest telecom tower infrastructure providers which deploys, owns and manages telecom towers and communication structures for all wireless operators. The business of Bharti Infratel and Indus is to acquire, build, own and operate tower and related infrastructure.Bharti Infratel and Indus currently provide access to their towers primarily to wireless telecommunications service providers. Bharti Infratel's and Indus's three largest customers are Bharti Airtel (together with Bharti Hexacom), Vodafone India and Idea Cellular. They are the three leading wireless telecommunications service providers in India by wireless revenue.In India, Infratel has over 34,000+ towers, across 18 states, and 11 Telecom circles, and still growing. Bharti Infratel also has a 42% stake in Indus Towers which was created as a Joint Venture between Bharti Infratel, Vodafone and Aditya Birla Telecom to hive off the Towers business in 15 telecom circles.
Objects of the Issue
Bharti Infratel Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Installation of 4,813 new towers
1,086.56
2
2 Upgradation and replacement on existing towers
1,214.08
3
3 Green initiatives at tower sites
639.36
4
4 General corporate purposes
204.64
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,74,24,08,730 shares
Post-IPO Promoter Holding
1,88,86,42,842 shares