Bharti Hexacom IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Apr 03 to Apr 05 2024
Price Band
₹542 - 570
Current GMP
₹755 (32.45%)
Subscription
29.88 times
IPO Details
| IPO Date | April 3, 2024 to April 5, 2024 |
| Listing Date | Friday, April 12, 2024 |
| Face Value | ₹5 per share |
| Price Band | ₹542 to ₹570 per share |
| Lot Size | 26 Shares |
| Total Issue Size | 75,000,000 shares (aggregating up to ₹4,275.00 Cr) |
| Offer for Sale | 75,000,000 shares of ₹5 (aggregating up to ₹4,275.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 500,000,000 |
| Share holding post issue | 500,000,000 |
IPO Date
April 3, 2024 to April 5, 2024
Listing Date
Friday, April 12, 2024
Face Value
₹5 per share
Price Band
₹542 to ₹570 per share
Lot Size
26 Shares
Total Issue Size
75,000,000 shares (aggregating up to ₹4,275.00 Cr)
Offer for Sale
75,000,000 shares of ₹5 (aggregating up to ₹4,275.00 Cr)
Issue Type
Book Built Issue IPO
Listing At
BSE, NSE
Share holding pre issue
500,000,000
Share holding post issue
500,000,000
IPO Subscription Details
| Anchor Investors | 1 |
| Qualified Institutions | 48.57 |
| Non-Institutional Buyers | 10.52 |
| bNII (bids above ₹10L) | 12.27 |
| sNII (bids below ₹10L) | 7.00 |
| Retail Investors | 2.83 |
| Total ** | 29.88 |
Anchor Investors
1
Qualified Institutions
48.57
Non-Institutional Buyers
10.52
bNII (bids above ₹10L)
12.27
sNII (bids below ₹10L)
7.00
Retail Investors
2.83
Total **
29.88
Day Wise Sub
| Day | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Day 1 Apr 3, 2024 | 0.29 | 0.36 | 0.50 | 0.35 |
| Day 2 Apr 4, 2024 | 0.82 | 1.72 | 1.16 | 1.12 |
| Day 3 Apr 5, 2024 | 48.57 | 10.52 | 2.83 | 29.88 |
DayDay 1
Apr 3, 2024
QIB0.29
NII0.36
Retail0.50
Total0.35
DayDay 2
Apr 4, 2024
QIB0.82
NII1.72
Retail1.16
Total1.12
DayDay 3
Apr 5, 2024
QIB48.57
NII10.52
Retail2.83
Total29.88
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 12-04-2024 | 570.00 | 125 (21.93%) | 695 |
| 11-04-2024 | 570.00 | 125 (21.93%) | 695 |
| 10-04-2024 | 570.00 | 94 (16.49%) | 664 |
| 09-04-2024 | 570.00 | 96 (16.84%) | 666 |
| 08-04-2024 | 570.00 | 94 (16.49%) | 664 |
| 07-04-2024 | 570.00 | 82 (14.39%) | 652 |
| 06-04-2024 | 570.00 | 83 (14.56%) | 653 |
| 05-04-2024 | 570.00 | 83 (14.56%) | 653 |
| 04-04-2024 | 570.00 | 57 (10%) | 627 |
| 03-04-2024 | 570.00 | 64 (11.23%) | 634 |
| 02-04-2024 | 570.00 | 52 (9.12%) | 622 |
| 01-04-2024 | 570.00 | 39 (6.84%) | 609 |
| 31-03-2024 | 570.00 | 37 (6.49%) | 607 |
| 30-03-2024 | 570.00 | 37 (6.49%) | 607 |
| 29-03-2024 | 570.00 | 37 (6.49%) | 607 |
| 28-03-2024 | 570.00 | 37 (6.49%) | 607 |
| 27-03-2024 | 570.00 | 40 (7.02%) | 610 |
| 26-03-2024 | 570.00 | 30 (5.26%) | 600 |
| 25-03-2024 | NA | 50 (0%) | 50 |
| 24-03-2024 | NA | 50 (%) | 50 |
| 23-03-2024 | NA | 65 (%) | 65 |
Date12-04-2024
Price570.00
GMP125 (21.93%)
Estimate List Price695
Date11-04-2024
Price570.00
GMP125 (21.93%)
Estimate List Price695
Date10-04-2024
Price570.00
GMP94 (16.49%)
Estimate List Price664
Date09-04-2024
Price570.00
GMP96 (16.84%)
Estimate List Price666
Date08-04-2024
Price570.00
GMP94 (16.49%)
Estimate List Price664
Date07-04-2024
Price570.00
GMP82 (14.39%)
Estimate List Price652
Date06-04-2024
Price570.00
GMP83 (14.56%)
Estimate List Price653
Date05-04-2024
Price570.00
GMP83 (14.56%)
Estimate List Price653
Date04-04-2024
Price570.00
GMP57 (10%)
Estimate List Price627
Date03-04-2024
Price570.00
GMP64 (11.23%)
Estimate List Price634
Date02-04-2024
Price570.00
GMP52 (9.12%)
Estimate List Price622
Date01-04-2024
Price570.00
GMP39 (6.84%)
Estimate List Price609
Date31-03-2024
Price570.00
GMP37 (6.49%)
Estimate List Price607
Date30-03-2024
Price570.00
GMP37 (6.49%)
Estimate List Price607
Date29-03-2024
Price570.00
GMP37 (6.49%)
Estimate List Price607
Date28-03-2024
Price570.00
GMP37 (6.49%)
Estimate List Price607
Date27-03-2024
Price570.00
GMP40 (7.02%)
Estimate List Price610
Date26-03-2024
Price570.00
GMP30 (5.26%)
Estimate List Price600
Date25-03-2024
PriceNA
GMP50 (0%)
Estimate List Price50
Date24-03-2024
PriceNA
GMP50 (%)
Estimate List Price50
Date23-03-2024
PriceNA
GMP65 (%)
Estimate List Price65
IPO Important Dates
| IPO Open Date | Wednesday, April 3, 2024 |
| IPO Close Date | Friday, April 5, 2024 |
| Basis of Allotment | Monday, April 8, 2024 |
| Initiation of Refunds | Wednesday, April 10, 2024 |
| Credit of Shares to Demat | Wednesday, April 10, 2024 |
| Listing Date | Friday, April 12, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on April 5, 2024 |
IPO Open Date
Wednesday, April 3, 2024
IPO Close Date
Friday, April 5, 2024
Basis of Allotment
Monday, April 8, 2024
Initiation of Refunds
Wednesday, April 10, 2024
Credit of Shares to Demat
Wednesday, April 10, 2024
Listing Date
Friday, April 12, 2024
Cut-off time for UPI mandate confirmation
5 PM on April 5, 2024
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 26 | ₹14,820 |
| Retail (Max) | 13 | 338 | ₹192,660 |
| S-HNI (Min) | 14 | 364 | ₹207,480 |
| S-HNI (Max) | 67 | 1,742 | ₹992,940 |
| B-HNI (Min) | 68 | 1,768 | ₹1,007,760 |
ApplicationRetail (Min)
Lots1
Shares26
Amount₹14,820
ApplicationRetail (Max)
Lots13
Shares338
Amount₹192,660
ApplicationS-HNI (Min)
Lots14
Shares364
Amount₹207,480
ApplicationS-HNI (Max)
Lots67
Shares1,742
Amount₹992,940
ApplicationB-HNI (Min)
Lots68
Shares1,768
Amount₹1,007,760
Financial Information
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 19,603.00 | 18,252.90 | 16,674.30 |
| Revenue | 5,420.80 | 6,719.20 | 5,494.00 |
| Profit After Tax | 281.80 | 549.20 | 1,674.60 |
| Net Worth | 3,978.80 | 3,972.20 | 3,573.20 |
| Reserves and Surplus | 4,166.10 | 3,959.50 | 3,410.50 |
| Total Borrowing | 6,253.00 | 6,269.30 | 7,198.30 |
Period EndedPeriod Ended
31 Dec 202331 Dec 2023
31 Mar 202331 Mar 2023
31 Mar 202231 Mar 2022
Period EndedAssets
31 Dec 202319,603.00
31 Mar 202318,252.90
31 Mar 202216,674.30
Period EndedRevenue
31 Dec 20235,420.80
31 Mar 20236,719.20
31 Mar 20225,494.00
Period EndedProfit After Tax
31 Dec 2023281.80
31 Mar 2023549.20
31 Mar 20221,674.60
Period EndedNet Worth
31 Dec 20233,978.80
31 Mar 20233,972.20
31 Mar 20223,573.20
Period EndedReserves and Surplus
31 Dec 20234,166.10
31 Mar 20233,959.50
31 Mar 20223,410.50
Period EndedTotal Borrowing
31 Dec 20236,253.00
31 Mar 20236,269.30
31 Mar 20227,198.30
Key Performance Indicator
| Debt/Equity | 1.41 |
| RoNW | 7.08% |
| P/BV | 6.45 |
| EPS (Rs) | 10.98 |
Debt/Equity
1.41
RoNW
7.08%
P/BV
6.45
EPS (Rs)
10.98
IPO Reservation
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 33,750,000 (45.00%) | NA |
| QIB Shares Offered | 22,500,000 (30.00%) | NA |
| NII (HNI) Shares Offered | 11,250,000 (15.00%) | |
| bNII > ₹10L | 7,500,000 (10.00%) | 20,604 |
| sNII < ₹10L | 3,750,000 (5.00%) | 10,302 |
| Retail Shares Offered | 7,500,000 (10.00%) | 288,461 |
| Total Shares Offered | 75,000,000 (100%) |
Investor CategoryAnchor Investor Shares Offered
Shares Offered33,750,000 (45.00%)
Maximum AllotteesNA
Investor CategoryQIB Shares Offered
Shares Offered22,500,000 (30.00%)
Maximum AllotteesNA
Investor CategoryNII (HNI) Shares Offered
Shares Offered11,250,000 (15.00%)
Maximum Allottees
Investor CategorybNII > ₹10L
Shares Offered7,500,000 (10.00%)
Maximum Allottees20,604
Investor CategorysNII < ₹10L
Shares Offered3,750,000 (5.00%)
Maximum Allottees10,302
Investor CategoryRetail Shares Offered
Shares Offered7,500,000 (10.00%)
Maximum Allottees288,461
Investor CategoryTotal Shares Offered
Shares Offered75,000,000 (100%)
Maximum Allottees
Information about company
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 â¹206 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.
Objectives of IPO
The objects of the Offer are to
To carry out the Offer for Sale of up to 75,000,000 Equity Shares by the Selling Shareholder; and
Achieve the benefits of listing the Equity Shares on the Stock Exchanges.
Disclaimer
All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application.
No financial information whatsoever published anywhere, within this application, should be considered as advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever
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