Bharti Hexacom Limited IPO
Bharti Hexacom Limited was a mainboard IPO in the Telecom - Cellular & Fixed line services sector, offered at ₹542–₹570 per share to raise ₹4,275 crore. The issue was subscribed 29.88× overall (QIBs 48.57×, NIIs 10.52×, retail 2.83×). It listed on 12 Apr 2024 at ₹755 and closed its first day at ₹813, a listing gain of +42.7% versus the ₹570 issue price. It now trades around ₹1,636 (+187.1% versus the issue price).
Frequently asked questions
- How many times was the Bharti Hexacom Limited IPO subscribed?
- The Bharti Hexacom Limited IPO was subscribed 29.88× overall — 48.57× in the QIB category, 10.52× among non-institutional investors, 2.83× in retail.
- What were the Bharti Hexacom Limited IPO listing gains?
- Bharti Hexacom Limited listed on 12 Apr 2024 at ₹755, closing its first day at ₹813 — a listing gain of +42.7% versus the ₹570 issue price.
- What were the retail allotment odds for the Bharti Hexacom Limited IPO?
- Retail was subscribed 2.83×, so a single-lot application had roughly a 35.3% chance of allotment (about 1 in 3), and allotment was finalised on 10 Apr 2024.
- What was the price band and lot size of the Bharti Hexacom Limited IPO?
- The price band was ₹542–₹570 per share, with a minimum lot of 26 shares (₹14,820 at the upper band).
- Who were the registrar and lead manager for the Bharti Hexacom Limited IPO?
- KFin Technologies Limited (formerly known as KFin Technologies Private Limited) was the registrar, and SBI Capital Markets was the book-running lead manager.