Bharti Hexacom Limited

Company Profile
Company Name Bharti Hexacom Limited
Open Date 04-04-2024
Close Date 05-04-2024
Exchange BSE, NSE
Lot Size 26 Shares
Issue Price ₹542 to ₹570 per share
Issue Size 7,50,00,000 shares
Application Amount Min. Inv. - ₹ 14,820 (26 shares) Max. Inv. – ₹ 1,92,660 (338 shares)
Recommendation Avoid

Bharti Hexacom Limited was originally incorporated in the year 1995 and has its registered office in Vasant Kunj, New Delhi, India. The company is a communications solutions provider offering consumer mobile services, fixed-line telephone and broadband services to customers in the Rajasthan and the Northeast telecommunication circles in India, which comprises the states of Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland and Tripura. The company offer its services under the brand ‘Airtel’. As of December 31st, 2023, the Company had 422 employees on its payroll

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Financial Summary in Cr.

For the Period Ended Mar-21 Mar-22 Mar-23 Dec-23
Total Assets 15,003.50 16,674.3 18,252.9 19,603.0
Net Assets 1,986.00 3,660.50 4,209.50 4,416.10
Total Borrowings 5,975.20 7,198.30 6,269.30 4,974.90
Total Revenue 4,704.30 5,494.00 6,719.20 5,420.80
Profit After Tax -1,033.9 1,674.60 549.20 281.80

Tentative Timeline

Opening Date 04/04/2024
Closing Date 05-04-2024
Basis of Allotment 08-04-2024
Initiation of Refunds 10-04-2024
Credit of Shares to Demat 10-04-2024
Listing Date 12-04-2024

Objects of the Issue

To carry out the Offer for Sale of up to 75,000,000 Equity Shares by the Selling Shareholder.
Achieve the benefits of listing the Equity Shareson the Stock Exchanges.

Contact Information

Registered Office Bharti Hexacom Limited Bharti Crescent, 1 , Nelson Mandela Road Vasant Kunj, Phase II, New Delhi-110 070
Phone 011-46666100
Email bhartihexacom@bharti.in
Website https://www.bhartihexacom.in/

Registrar Details

Name Kfin Technologies Limited
Phone 04067162222, 04079611000
Email bhl.ipo@kfintech.com
Website https://kosmic.kfintech.com/ipostatus/

IPO Reservation

QIB Shares Offered Not More than 75% of the Net Issue
Retail Shares Offered Not more than 10% of the Net Issue
NII (HNI) Shares Offered Not more than 15% of the Net Issue

Shareholding Pattern

Share Holding Pre Issue (Promoters) 70.00%
Share Holding Post Issue (Promoters) 70.00%

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