Bharti Hexacom Ltd IPO
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Check IPO Date, Lot Size, Price & Details
Overview of Bharti Hexacom Ltd IPO
IPO Date
3-Apr-2024 to 5-Apr-2024
Face Value
₹5
Price Band
₹542 to ₹570
Lot Size
26 Share
Issue Size
75,000,000 shares (aggregating up to )
Listing At
BSE,NSE
Basis of Allotment
8-Apr-2024
Initiation of Refunds
10-Apr-2024
Credit of Shares to Demat
10-Apr-2024
Listing Date
12-Apr-2024
Cut off time for UPI Mandate
5-Apr-2024
Objective of Bharti Hexacom Ltd IPO
Bharti Hexacom is a Mainboard IPO with a book-built issue of Rs. 4275 crores, with OFS of 7.5 crore shares. The IPO will open from 3rd April 2024 to 5th April 2024, allotment is expected to be done on 8th April, and it will list on BSE and NSE on 12th April 2024. The price band is ₹542 to ₹570 per share, with a minimum lot size of 26 shares, and minimum investment amount of ₹14,820. The book running lead manager is SBI Capital Markets, Axis Capital, Bob Capital Markets, ICICI Securities and IIFL Securities. Kfin Technologies is the registrar for the issue.The entire issue is for offer for sale by the selling shareholder. To derive the benefits of listing on the stock exchanges.
About Bharti Hexacom Ltd IPO
Bharti Hexacom, incorporated in 1995, offers consumer mobiles services, fixed telephone and broadband services in Rajasthan and Northeast telecom circles in India. As on 9MFY24, the ARPU (Average Revenue per User) stood at Rs 197 and has an approx. of 27.1mn customers across both of its circles. The company provides its services under the brand “Airtel”. As on 9MFY24, the company’s revenue market share for the Rajasthan circle stood at 40.4% while for the Northeast circle was 52.7%.
Bharti Hexacom Ltd IPO Financials
Particulars (in Cr) | 9MFY24 | FY23 | FY22 | FY21 |
---|---|---|---|---|
Total Revenue Annual | 5,221 | 6,579 | 5,405 | 4,602 |
Operating Expenses Annual | 2,737 | 3,793 | 3,591 | 3,550 |
Operating Profit Annual | 2,483 | 2,786 | 1,814 | 1,052 |
Depreciation | 1,279 | 1,553 | 1,441 | 1,285 |
Interest Annual | 479 | 639 | 572 | 517 |
Tax Annual | 341 | 185 | 167 | 45 |
Net Profit Annual | 282 | 549 | 1,675 | -1,034 |
Total Share Holder Funds | 4,416 | 4,210 | 3,661 | 1,986 |
Fixed Asset Annual | 4,263 | 4,071 | 3,840 | 3,905 |
Total Non Current Asset | 11,614 | 11,285 | 8,812 | 9,079 |
Total Current Asset | 3,726 | 2,898 | 4,022 | 2,020 |
Total Asset Annual | 19,603 | 18,253 | 16,674 | 15,004 |
Book Value Per Share | ₹ 88.32 | ₹ 84.19 | ₹ 73.21 | ₹ 39.72 |
ROE | 6.4%* | 13.00% | 45.70% | -52.10 |
ROCE | 10.68%* | 10.72% | 4.10% | -1.58 |
Total Debt To Total Equity | 1.40 | 1.46 | 1.92 | 2.98 |
EBIDTA | 47.57% | 42.34% | 33.56% | 22.87 |
Cash From Operating | 2,930 | 5,108 | 1,258 | 1,517 |
Cash From Investing | -2,276 | -2,031 | -1,383 | -883 |
Cash From Finance | -682 | -3,111 | 183 | -604 |
Net Cash Flow | -28 | -34 | 59 | 31 |
Promoter's Holding
Total Share Capital
-
Offered to Public
-
Promoter’s Holding(Pre-Issue)
70.00%
Promoter’s Holding(Post-Issue)
-
Weaknesses
Bharti Hexacom IPO is a main-board IPO of 75,000,000 equity shares of the face value of ₹5 aggregating up to ₹4,275.00 Crores. The issue is priced at ₹542 to ₹570 per share. The minimum order quantity is 26 Shares.
The IPO opens on April 3, 2024, and closes on April 5, 2024.
Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The Bharti Hexacom IPO opens on April 3, 2024 and closes on April 5, 2024.
Bharti Hexacom IPO lot size is 26 Shares, and the minimum amount required is ₹14,820.
The Bharti Hexacom IPO listing date is not yet announced. The tentative date of Bharti Hexacom IPO listing is Friday, April 12, 2024.
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