
Industrial & Financial Services · NSE / BSE
Bharti Hexacom Limited, established in 1995, is a leading telecommunications provider catering to Rajasthan and the North East regions of India. Offering fixed-line telephone and broadband services, the company operates in states like Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland, and Tripura. With a strong focus on digital infrastructure, Bharti Hexacom has invested ₹206 billion as of December 31, 2023, to stay ahead in the evolving telecom landscape. Serving a vast customer base of 27.1 million across 486 census towns, the company maintains an extensive distribution network of 616 distributors and 89,454 retail touchpoints. Notably, with 19.1 million data customers—18.8 million of whom are 4G and 5G subscribers—Bharti Hexacom continues to drive technological advancement and enhance customer connectivity.
Price Band
₹542 – ₹570
Issue Size
₹4275 Cr
Lot Size
26 shares
GMP
+25.4%
Est. Listing
₹715
at current GMP
Subscribed
29.88x
overall
Open
3 Apr 2024
Close
5 Apr 2024
Allotment
8 Apr 2024
Refund
9 Apr 2024
Demat Credit
10 Apr 2024
Listing
12 Apr 2024
Designated Registrar: Kfin Technologies Limited
Allotment Date
8 Apr 2024
Basis finalization
Refunds Initiate
9 Apr 2024
Mandate release
Demat Credit
10 Apr 2024
Shares in demat
Listing Debut
12 Apr 2024
Trading begins
Bharti Hexacom Limited is bringing an initial public offering (IPO) in the Industrial & Financial Services sector with an aggregate issue size of ₹4,275 Crores. The shares are offered at a price band of ₹542 to ₹570 per equity share on NSE and BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 26 shares (approx. ₹14,820 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-04-10, while un-allotted funds or UPI block mandates will be released on 2024-04-09.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.