Bharti Hexacom Limited IPO GMP Review: The IPO, which is going to open from April 3, is a book-built issue IPO with a total size of 4,275 crores. Through this IPO, 7.5 crore shares have been launched by the company through an offer for sale. Investors can apply for this IPO from 3 April to 5 April 2024. This IPO will be listed on the BSE, NSE exchange on Friday, April 12. Let’s know the full details of this IPO.
Bharti Hexacom Limited IPO Details
IPO Name
Bharti Hexacom Limited
IPO Start Date
3 April 2024
IPO End Date
5 April 2024
Price Band
542-570 Per Share
Lot Size
26 Shares
Face Value
Rs. 5 Per Share
Total Issue Size
75,000,000 Shares
Offer For Sale Shares
75,000,000 Shares
Shares Allotment Date
Monday, 8 April 2024
Refund Date
Wednesday, 10 April 2024
Demat Transfer
Wednesday, 10 April 2024
Listing Date
Friday, 12 April 2024
UPI Cut Off Time
5 pm 5 April 2024
Listing Exchange Name
BSE, NSE
Bharti Hexacom Limited IPOCategory Wise Lot Size
Category
Lots
Shares
Total Amount
Retail (Min.)
1
26
14,820
Retail (Max.)
13
338
192,660
HNI (Min.)
14
364
207,480
HNI (Max.)
67
1,762
992,940
B-HNI (Min.)
68
1,768
1,007,760
Bharti Hexacom Limited IPOCompany Information
The promoter of this company is Bharti Airtel Limited. Incorporated in 1995, this company works in providing fixed landline telephone and broadband service. This company works in states like Rajasthan, Manipur, Meghalaya, Mizoram, Nagaland and Tripura.
With the IPO money, this company wants to take advantage of being listed on the stock exchange.
Bharti Hexacom LimitedCompanyFinancial Information
Period
31 December 2023
31 March 2023
31 March 2022
31 March 2021
Earnings
5,420.80 Crore
6,719.20 Crore
5,494 Crore
4,704.30 Crore
Profit After Tax
281.80 Crore
549.20 Crore
1,674.60 Crore
-1,033.90 Crore
Net Worth
3,978.80 Crore
3,972.20 Crore
3,573.20 Crore
1,898.70 Crore
Assets
19,603 Crore
18,252.90 Crore
16,674.30 Crore
15,003.50 Crore
Loans
6,253 Crore
6,269.30 Crore
7,198.30 Crore
5,975.20 Crore
The market cap of Bharti Hexacom company is 28500 crore.
This is not good through IPO investment. Because the debt on the company is very high and the net profit is very low. After the IPO opens, what will be its demand and whether its GMP will increase or not, according to that, investment in this IPO can be considered. Our opinion is that this IPO can be ignored. This IPO is an offer for sale IPO, you should ignore such an IPO because the company only wants to take advantage of the listing by selling its shares.
NOTE: The information related to the IPO is for educational purposes only. Consider with your financial advisor before investing in an IPO.
