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Bharti Hexacom IPO GMP And Details ( Bharti Hexacom Limited IPO)

Bharti Hexacom, a telecommunications and broadband solutions provider, is launching its initial public offering (IPO) on April 3, 2024, with a subscription period until April 5. The IPO price range is ₹542 to ₹570 per equity share, with a face value of ₹5. It’s a book-built issue of ₹4,275 crores, entirely through an offer for the sale of 7.5 crore shares. The price-to-earnings ratio ranges from 49.36 to 51.91 times. The minimum lot size for retail investors is 26 shares, requiring a minimum investment of ₹14,820. For sNII, it’s 14 lots (364 shares), costing ₹207,480, and for bNII, it’s 68 lots (1,768 shares), amounting to ₹1,007,760. The allotment is expected on April 8, with listing tentatively set for April 12 on BSE and NSE.\

For More Please See Bharti Hexacom IPO RHP

Bharti Hexacom IPO Details

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Bharti Hexacom IPO Dates (Expected)

• IPO Open Date: Wednesday, April 3, 2024
• IPO Close Date: Friday, April 5, 2024
• Basis of Allotment: Monday, April 8, 2024
• Initiation of Refunds: Wednesday, April 10, 2024
• Credit of Shares to Demat: Wednesday, April 10, 2024
• Listing Date: Friday, April 12, 2024
• Cut-off time for UPI mandate confirmation: 5 PM on April 5, 2024

Bharti Hexacom IPO GMP (Gray Market Premium) Today

• The current grey market premium (GMP) for Bharti Hexacom IPO is ₹60, as reported by Chittorgarh.

Bharti Hexacom IPO GMP Daywise

Bharti Hexacom IPO Financial Information

• Revenue for Bharti Hexacom Limited increased by 22.3% from ₹5,494.00 crore in the financial year ending March 31, 2022, to ₹6,719.20 crore in the financial year ending March 31, 2023.
• Profit After Tax (PAT) witnessed a significant drop of -67.2%, decreasing from ₹1,674.60 crore in the financial year ending March 31, 2022, to ₹549.20 crore in the financial year ending March 31, 2023.
• As of December 31, 2023, the company’s assets stood at ₹19,603.00 crore, showing a steady increase from ₹15,003.50 crore as of March 31, 2021.
• Net Worth increased to ₹3,978.80 crore as of December 31, 2023, compared to ₹1,898.70 crore as of March 31, 2021.
• Reserves and Surplus rose to ₹4,166.10 crore as of December 31, 2023, from ₹1,736.00 crore as of March 31, 2021.
• Total Borrowing stood at ₹6,253.00 crore as of December 31, 2023, slightly decreasing from ₹5,975.20 crore as of March 31, 2021.

Bharti Hexacom IPO Subscription Status

• Coming On 03/04/2024

FAQs about Bharti Hexacom IPO:

1. What is the IPO Launch Date for Bharti Hexacom?

• The IPO for Bharti Hexacom is scheduled to launch on April 3, 2024.

2. What is the IPO Subscription Period?

• The subscription period for the Bharti Hexacom IPO is from April 3 to April 5, 2024.

3. What is the IPO Price Range and Face Value?

• The IPO price range is ₹542 to ₹570 per share, with a face value of ₹5.

4. What is the Issue Size and Offer Type?

• The issue size is ₹4,275 crores, and it’s entirely through an Offer for Sale of 7.5 crore shares.

5. What is the Price-to-Earnings Ratio (P/E Ratio)?

• The P/E ratio ranges from 49.36 to 51.91 times.

6. What is the Minimum Lot Size and Investment for Retail Investors?

• The minimum lot size is 26 shares, requiring a minimum investment of ₹14,820 for retail investors.

7. When is the Allotment Date and Listing Date?

• Allotment is expected on April 8, 2024, and the listing is tentatively set for April 12, 2024, on BSE and NSE.

8. What are the Expected Bharti Hexacom IPO GMP (Gray Market Premium) and Listing Price?

• The current grey market premium is ₹60, with an expected listing price of ₹630 on April 1, 2024.

9. What is the Financial Performance of Bharti Hexacom?

• Revenue increased by 22.3% from ₹5,494.00 crore in FY 2022 to ₹6,719.20 crore in FY 2023. However, the Profit After Tax (PAT) witnessed a significant drop of -67.2% during the same period.

10. How can I check the IPO Subscription Status?

• The subscription status will be available on April 3, 2024, onwards. You can check it on the respective stock exchange’s website or through your broker.

So this is the Bharti Hexacom IPO GMP, Subscription Status, Dates and Full Details Review.

Disclaimer: Investors are advised to conduct thorough research and consult with financial advisors before making any investment decisions, including investing in the Bharti Hexacom IPO. While IPOs offer potential investment opportunities, they also carry inherent risks, including market volatility and uncertainties. The decision to invest should be based on individual risk tolerance, investment objectives, and financial circumstances. Additionally, the past performance of the company may not be indicative of future results. It is essential to carefully read the company’s prospectus and consider all available information before deciding whether to invest or not.