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Exciting IPO and Listing Activities Set to Kick Off FY25: Bharti Hexacom Leads the Charge

Get ready for a dynamic start to FY25 as Bharti Hexacom spearheads the IPO wave, alongside a lineup of 10 companies gearing up for listings. Stay informed about the latest market movements and investment opportunities.
As the financial year FY25 unfolds on April 1, brace yourselves for a captivating week marked by significant IPO and listing activities. Leading the charge is Bharti Hexacom, the fixed-line telephone and broadband services provider, set to embark on its Rs 4,275-crore IPO journey on April 3. With a price band ranging from Rs 542 to Rs 570 per share, this offering comprises an exclusive offer-for-sale of 7.5 crore equity shares by public shareholder Telecommunications Consultants India.

A subsidiary of Bharti Airtel, Bharti Hexacom holds immense promise in the market, with Airtel retaining a commanding 70 percent stake, while Telecommunications Consultants India owns the remaining 30 percent. Investors keen on participating in this groundbreaking opportunity must act swiftly as the IPO subscription window closes on April 5.

While Bharti Hexacom takes center stage, the broader market landscape remains abuzz with anticipation as 10 companies gear up for their debut listings. Notably, the SME segment witnesses a flurry of activity, with nine companies poised to make their mark. Among these, Jammu & Kashmir-based EPC contractor SRM Contractors stands out as the sole contender from the mainboard segment, scheduled to list shares on April 3 following a stellar subscription rate of 86.57 times during March 26-28.

The grey market reflects heightened interest in SRM Contractors, with trading premiums soaring to over 50 percent, underscoring investor confidence in the company's prospects. Beyond SRM Contractors, the SME segment boasts a diverse lineup of entrants. Vishwas Agri Seeds and Naman In-Store (India) kickstart proceedings on April 1 and April 2 respectively, on the NSE Emerge platform.

Come April 3, the NSE Emerge witnesses a flurry of activity with Blue Pebble, Aspire & Innovative Advertising entering the fray. Simultaneously, Vruddhi Engineering Works, GConnect Logitech, and Supply Chain make their debut on the BSE SME platform, adding to the market's vibrancy.
The momentum continues into April 4, with Trust Fintech making its maiden appearance on the NSE Emerge. Meanwhile, April 5 heralds the commencement of trading in Radiowalla Network and TAC Infosec shares on the same exchange, offering investors a diverse array of investment avenues.

As FY25 kicks off with a bang, investors are poised to capitalize on these exciting opportunities, navigating the market with foresight and diligence. Stay tuned for the latest updates and insights as the financial year unfolds, shaping the investment landscape and driving growth in the economy.

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