Bharti Hexacom Limited IPO
Bharti Hexacom Limited IPO is listed on BSE and NSE, priced at ₹542–₹570 per share. The stock debuted at ₹755, delivering a listing gain of 32.5%. The IPO had a lot size of ₹26 shares and a minimum investment of ₹14,820.
Bharti Hexacom Limited IPO
- IPO Dates
- Apr 3, 2024 – Apr 5, 2024
- Price band
- ₹542-570 per equity share
- Minimum Investment
- ₹14,820
- Issue size
- ₹4275 Cr
- Lot size
- 26
- Allotment Date
- Apr 8, 2024
- Listing
- Apr 12, 2024
- Listing At
- BSE, NSE
IPO timeline
-
Apr 3, 2024
Open Date
Completed
-
Apr 5, 2024
Close Date
Completed
-
Apr 8, 2024
Allotment Date
Completed
-
Apr 12, 2024
Listing Date
Completed
Price Summary
- Last closing
- 1,511.00 (165.09%)
- 52 week high
- 2,052.90
- 52 week low
- 1,439.30
- Last update
Bharti Hexacom Limited IPO Essentials
Bharti Hexacom Limited IPO Details
Bharti Hexacom Limited IPO is priced at ₹542-570 per share with a total issue size of 4275 crore. The IPO has a lot size of 26 shares and is listed on BSE and NSE.
- Issue price
- ₹542-570 per equity share
- Lot size
- 26 shares
- Face value
- ₹5 Per Equity Share
- Issue size
- OFS : 75,000,000 shares(aggregating up to ₹4275 Cr)
- Total issue size
- 7,50,00,000 shares
(aggregating up to ₹4275 crore) - Offer for sale (OFS)
- 7,50,00,000 shares
(aggregating up to ₹4275 crore) - Listing at
- BSE, NSE
- List price
- 755.0(NSE)
- Listing date
- Registrar
- Kfin Technologies Limited
- Lead manager
-
SBI Capital Markets Limited, Axis Capital Limited, Bob Capital Markets Limited, ICICI Securities Limited, Iifl Securities Ltd
Market Lot Size
Investors can bid for a minimum of 26 shares and in multiples thereof. The following 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 | ₹1,92,660 |
| sHNI(min) | 14 | 364 | ₹2,07,480 |
| sHNI(max) | 67 | 1,742 | ₹9,92,940 |
| sHNI(min) | 68 | 1,768 | ₹10,07,760 |
Bharti Hexacom Limited IPO Reservation
Bharti Hexacom Limited IPO reservation details show category-wise allocation of shares. Out of the total 75,000,000 shares, approximately 30% are reserved for QIB, 15% for NII, 10% for retail investors, and 45% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 33,750,000 (45%) | |
| QIB Shares Offered | 22,500,000 (30%) | |
| NII (HNI) Shares Offered | 11,250,000 (15%) | |
| bHNI > ₹10L | 7,500,000 (10%) | 20,604 |
| sHNI < ₹10L | 3,750,000 (5%) | 10,302 |
| Retail Shares Offered | 7,500,000 (10%) | 288,461 |
| Total Shares Offered | 75,000,000 (100%) |
Bharti Hexacom Limited IPO Analytics
Bharti Hexacom Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Bharti Hexacom Limited IPO Subscription Status
Bharti Hexacom Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB |
NII
bHNI
sHNI
|
Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 22,500,000 |
11,250,000
7,500,000
7,500,000
|
7,500,000 | 41,250,000 |
|
Day 1
03-04-24 05:00 PM
|
0.29 x |
0.36x
0.41x
0.25x
|
0.48 x | 0.34 x |
|
Day 2
04-04-24 05:00 PM
|
0.82 x |
1.71x
1.98x
1.18x
|
1.15 x | 1.12 x |
|
Day 3
05-04-24 05:00 PM
|
48.57 x |
10.51x
12.27x
6.99x
|
2.81 x | 29.87 x |
Bharti Hexacom Limited Valuations
Earnings
- EPS Pre IPO
- ₹10.98/-
- EPS Post IPO
- ₹7.51/-
- P/E Pre IPO
- 51.89
- P/E Post IPO
- 75.85
Returns
- RoNW
- 7.08%
Fundamentals
- Debt / Equity
- 1.41
- Price / Book
- 6.45
Bharti Hexacom Limited Financials( In Crs.)
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 18,252.90 | 16,674.30 | 15,003.50 |
| Revenue | 6,719.20 | 5,494.00 | 4,704.30 |
| Profit After Tax | 549.20 | 1,674.60 | -1,033.90 |
| Net Worth | 3,978.80 | 3,573.20 | 1,898.70 |
| Reserves & Surplus | 4,166.10 | 3,410.50 | 1,736.00 |
| Total Borrowing | 6,253.00 | 7,198.30 | 5,975.20 |
Bharti Hexacom Limited Company & Offer Insights
About Bharti Hexacom Limited
Bharti Hexacom Limited was incorporated on April 20, 1995. The Company is a wholly owned subsidiary of Bharti Airtel Limited, wherein Bharti Airtel Limited holds 70% of the equity share capital of the Company and Government of India through Telecommunication Consultants of India Limited hold 30% of the equity share capital of the Company.
The Company is into telecommunication business in Rajasthan and North East Circle. The Company is the largest mobile telephony services in Rajasthan and North Eastern regions of India. The Company is also the provider of fixed line and broadband services in Rajasthan regions of India. The Company is committed to provide best in class customer experience through brilliant network experience. The Company continues to invest in technology and network to lead the market with highest customer base and revenue.
The company provides services in states such as Rajasthan and Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland and Tripura.
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 Promoter(s)
Bharti Airtel Limited are the company's promoters of Bharti Hexacom Limited.
Bharti Hexacom Limited IPO Issue Objectives
- •
- To carry out the Offer for Sale of up to 75,000,000 Equity Shares by the Selling Shareholder
- •
- Achieve the benefits of listing the Equity Shares on the Stock Exchanges.
Bharti Hexacom Limited IPO - Anchor Investors
Bharti Hexacom, the subsidiary of the country's second-largest telecom operator Bharti Airtel, has raised around Rs 1,924 crore through its anchor book, ahead of the opening of the IPO, which includes top global investors like Capital Group, Fidelity, Blackrock and ADIA.
Other large foreign institutional investors like Wellington Management, Schroder, Aberdeen, and Nomura were also part of the anchor book.
10 mutual fund houses by AUM in the country as well as some of the large domestic insurance companies like SBI Life Insurance, HDFC Life Insurance and ICICI Prudential life Insurance,
Bharti Hexacom Limited IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Bharti Hexacom Limited | 10.98 | 10.98 | 84.19 | N/A | 13.83 | N/A | Standalone |
| Bharti Airtel Limited | 14.8 | 14.57 | 136.72 | 82.16 | 15.84 | 8.76 | Consolidated |
| Vodafone Idea Limited | -8.43 | -8.43 | -15.28 | -1.63 | N/A | -0.9 | Consolidated |
| Reliance Jio Infocomm Limited | 4.05 | 1.07 | 48 | N/A | 8.43 | N/A | Consolidated |
Notes:
- Basic and Diluted EPS refers to the Basic and Diluted EPS sourced from the publicly available financial results of the respective peer companies for the year ended March 31, 2023.
- P/E Ratio of peers has been computed based on the closing market price (i.e., March 11, 2024) of equity shares on BSE, divided by the Diluted EPS provided under Note 1 above.
- Return on Net Worth (%) = Net profit/(loss) after tax / Net worth at the end of the financial year ended 2023.
- Net worth of peer companies is the total of equity share capital and other equity. Further, net worth of the Company means the aggregate of equity share capital and other equity excluding debenture redemption reserve, capital redemption reserve, and capital reserve (which is in line with disclosure made under Regulation 52 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 to stock exchange by the Company).
- NAV of the peer is computed as the total of equity share capital and other equity (excluding non-controlling interest) at the end of the year / total number of equity shares outstanding at the end of the year. Further, NAV of the Company is computed as total assets less total liabilities at the end of the year / total number of equity shares outstanding at the end of the year.
Bharti Hexacom Limited IPO - Strengths and Risks
Bharti Hexacom Limited IPO strengths and risks highlight key business factors, financial position, and market sentiment that may impact investor interest.
Strengths
Risks
Contact Information
Contact Details
Bharti Hexacom Limited
+011-46666100
Bharti Crescent, 1, Nelson Mandela Road Vasant Kunj, Phase II, New Delhi-110 070
Registrar Contact Details
Kfin Technologies Limited
04067162222, 04079611000
Frequently Asked Questions
Click any question to reveal the answer
Bharti Hexacom Limited IPO is a book-built IPO worth ₹4275 crore. The price band is ₹542–₹570 per share. The IPO opens on Apr 3, 2024 and closes on Apr 5, 2024. It will be listed on BSE and NSE. Kfin Technologies Limited is the registrar.
The price band of Bharti Hexacom Limited IPO is ₹542 to ₹570 per share.
The lot size of Bharti Hexacom Limited IPO is 26 shares.
The minimum investment for Bharti Hexacom Limited IPO is approximately ₹14,820 based on the upper price band .
Bharti Hexacom Limited IPO opens on Apr 3, 2024 and closes on Apr 5, 2024.
The allotment date of Bharti Hexacom Limited IPO is Apr 8, 2024.
Bharti Hexacom Limited IPO is expected to be listed on Apr 12, 2024, on BSE and NSE .
Bharti Hexacom Limited IPO listed on Apr 12, 2024. It was issued at ₹755.0(NSE) and is currently around ₹1511.00 as on 14-May-2026 3:30 PM, which is approximately 165.1% versus issue price. The 52-week high is ₹2,052.90.
Based on listing and post-listing performance, Bharti Hexacom Limited IPO delivered around 165.1% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.
To buy Bharti Hexacom Limited IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.
Bharti Hexacom Limited IPO valuation snapshot: P/E 75.85, EPS ₹7.51/-, P/B 6.45, RoNW 7.08%, and market cap N/A.
To apply for Bharti Hexacom Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Bharti Hexacom Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Bharti Hexacom Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Bharti Hexacom Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Bharti Hexacom Limited IPO allotment status on IPO Ji for quick and easy access.