Recently Viewed
Clear AllBidding Date
03-Apr-2024 to
05-Apr-2024
Issue Size
₹4275 Cr
Price Band
₹542 to ₹570
Allotment date
08-Apr-2024
Listing date
12-Apr-2024
Lot size
26
No. of shares
7,50,00,000
Fresh issue/OFS
-- / ₹4275 Cr
Originally incorporated in 1995 as 'Hexacom India Limited,' the company underwent a name change to 'Bharti Hexacom Limited' in 2004 when Airtel acquired a majority equity interest. Airtel, a global communications solutions provider, currently owns 70% of the outstanding equity share capital. The company operates as a communications solutions provider, offering consumer mobile services, fixed-line telephone, and broadband services primarily in the Rajasthan and North East telecommunication circles in India. It serves states such as Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland, and Tripura under the brand 'Airtel.' It offers digital offerings and customized plans, such as Airtel Black, to enhance customer engagement. With an extensive distribution and service network, the company has set up retail outlets and small format stores across 90 cities, reaching 486 census towns as of December 31, 2023. Its distribution network comprises 616 distributors and 89,454 retail touchpoints, facilitating customer access to services.
Read our in-depth analysis of the Bharti Hexacom Ltd. IPO Here
Category
Status
QIBs
48.6x
NIIs
10.5x
Retail
2.8x
Others
--
Total
29.9x
The issue size of Bharti Hexacom is ₹4,275.00 Cr.
Bharti Hexacom falls into Telecommunications Services industry.
The Bharti Hexacom IPO will be listed on both NSE and BSE.
The open and close dates for the Bharti Hexacom are 03-Apr-2024 & 05-Apr-2024.
The price band for the Bharti Hexacom ipo is ₹542 to ₹570
The listing date of Bharti Hexacom IPO is 12-Apr-2024.
The purpose of this IPO is to enable the existing shareholders to sell their stake.
Bharti Hexacom total subscription ratio is 29.9X.
Key financial of the Bharti Hexacom are:
| Bharti Hexacom | FY-24 | FY-23 | FY-22 | FY-21 |
|---|---|---|---|---|
| Revenue (₹ Cr) | 7088.8 | 6579 | 5405.2 | 4602.3 |
| EBIT (₹ Cr) | 1622 | 1232.4 | 368 | -232.8 |
| Proft after Tax (₹ Cr) | 504.4 | 549.2 | 1674.6 | -1033.9 |
| Debt (₹ Cr) | 4834.6 | 6269.3 | 7198.3 | 5975.2 |
| Net Worth (₹ Cr) | 4638.7 | 4209.5 | 3660.5 | 1986 |
| RoE (%) | 10.87 | 13.05 | 45.75 | -52.06 |