What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of Bharti Hexacom Limited IPO?

Bharti Hexacom Limited IPO has received a total subscription of 29.88 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Bharti Hexacom Limited

ListedMainboard

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

₹145

+25.4%

Est. Listing

₹715

at current GMP

Subscribed

29.88x

overall

Open

3 Apr 2024

5 Apr 2024

Allotment

8 Apr 2024

Refund

9 Apr 2024

Demat Credit

10 Apr 2024

Listing

12 Apr 2024

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

29.88x

Total Demand

QIB Multiplier

48.57x

Institutions & Funds

NII / HNI

10.51x

High Net-Worth

Retail (RII)

2.82x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 29.88x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	22,500,000	1,092,925,340	48.57x
NIB	11,250,000	118,291,602	10.51x
HNIs(10L +)	7,500,000	92,048,970	12.27x
HNIs (2-10L)	3,750,000	26,242,632	7.00x
RETAIL	7,500,000	21,133,632	2.82x
Total	52,500,000	1,350,642,176	29.88x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 3.09x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	1,009,615	2,847,114	2.82x
HNIs (10L +)	6,458	67,874	10.51x
HNIs (2-10L)	30,907	324,833	10.51x
Total Applications	1,046,980	3,239,821	3.09x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About Bharti Hexacom Limited Public Issue & Market Profile

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.

Bidding & Quota Instructions:

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 Schedule:

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.

Frequently Asked Questions

What is Bharti Hexacom Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Bharti Hexacom Limited IPO is ₹145 per equity share. Based on the upper price band of ₹542 to ₹570 per equity share, the estimated listing price is ₹715 (+25.4% expected listing gain).

What is the expected profit per lot for Bharti Hexacom Limited IPO?

With a lot size of 26 shares and current GMP of ₹145, the expected profit per application lot is approx ₹3,770 (+25.4% gain). Minimum application cost is approx ₹14,820.

What is the issue size and price band for Bharti Hexacom Limited IPO?

The Bharti Hexacom Limited IPO aggregate issue size is ₹4,275 Crores with an equity price band set at ₹542 to ₹570 per equity share. The retail lot size is 26 shares requiring a minimum capital outlay of approx. ₹14,820.

How can I check Bharti Hexacom Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 29.88x (Retail: 2.82x, QIB: 48.57x, NII: 10.51x). You can track live multiples directly on our dedicated subscription page.

Where and when will Bharti Hexacom Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2024-04-08. Investors can verify status using PAN card or application number.

When is the listing date for Bharti Hexacom Limited IPO?

Bharti Hexacom Limited shares are scheduled to list on NSE and BSE on 2024-04-12.