Skip to main content

Invest in the Future with Bharti Hexacom Limited IPO: A Gateway to Growth

Looking to diversify your investment portfolio seamlessly? Look no further! With 5paisa, you can unlock a multitude of investment avenues all under one convenient umbrella. Sign up now using referral code RUBI114 or simply click here to open a FREE account and embark on your investment journey today!
Introducing Bharti Hexacom Limited IPO (Bharti Hexacom IPO) - Everything You Need to Know

Are you ready to seize the opportunity to invest in Bharti Hexacom Limited? From April 3, 2024, to April 5, 2024, the Bharti Hexacom IPO offers you a chance to become a part of this groundbreaking venture. Here's a comprehensive overview of what awaits you:

IPO Details:
- Date: April 3, 2024 - April 5, 2024
- Type: Book Built Issue
- Total Issue Size: 75,000,000 shares
- Issue Price: To be announced
- Listing: BSE, NSE
- Face Value: ₹5 per share

Key Dates to Remember:
- IPO Opens: April 3, 2024
- IPO Closes: April 5, 2024
- Allotment: April 8, 2024
- Listing Date: April 12, 2024

Leading Institutions Involved:
SBI Capital Markets Limited, Axis Capital Limited, Bob Capital Markets Limited, ICICI Securities Limited, and Iifl Securities Ltd are the esteemed book running lead managers overseeing the Bharti Hexacom IPO. Meanwhile, Kfin Technologies Limited is entrusted as the registrar for the issue.

Reservation Breakdown:
- 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

About Bharti Hexacom Limited:
Established in 1995, Bharti Hexacom Limited has been a pioneer in providing fixed-line telephone and broadband services to customers in Rajasthan and North East telecom circles in India. By investing ₹206 billion in digital infrastructure capital expenditures, the company stands as a beacon of innovation and future readiness.

As of December 31, 2023, Bharti Hexacom Limited boasts 27.1 million customers across 486 census towns, with a robust distribution network comprising 616 distributors and 89,454 retail touchpoints.

Financial Insights:
Despite fluctuations, Bharti Hexacom Limited continues to exhibit resilience and growth. As of December 31, 2023, the company's revenue stands at ₹5,420.80 crore, with a net worth of ₹3,978.80 crore. Key performance indicators such as Debt/Equity ratio (1.41) and Return on Net Worth (7.08%) reflect the company's stability and potential for investors.

Objectives of the Issue:
The primary objectives of the Bharti Hexacom IPO include carrying out the Offer for Sale of up to 75,000,000 Equity Shares by the Selling Shareholder and achieving the benefits of listing the Equity Shares on the Stock Exchanges.
Seize the Opportunity Today!
Don't miss out on the chance to be part of Bharti Hexacom Limited's journey to success. Mark your calendars for April 3, 2024, and get ready to embark on a rewarding investment venture. Sign up with 5paisa now using referral code RUBI114 or click here to open a FREE account and stay ahead in the world of investments!

Labels

Labels:

Comments

Post a Comment

Popular posts from this blog

Foreign Institutional Investors Drive Up Stakes in Top Stocks: Q3 Insights and Future Projections

In the recently-concluded December quarter (Q3), foreign institutional investors (FIIs) made strategic moves, significantly increasing their stake in select stocks. According to ACE Equity data, the surge in FII shareholding was particularly notable, with a remarkable 13 percentage points uptick in 10 carefully chosen stocks. Among these stocks, Dolphin Offshore Enterprises (India) took center stage as the top performer in terms of FII investment. In Q3FY24, FIIs substantially increased their stake in this oil exploration company, acquiring a notable 12.82% ownership. Interestingly, during the preceding quarter (Q2), these institutional investors had no stake in Dolphin Offshore, making this surge even more impactful. The market response to this development was swift and substantial. Dolphin Offshore's stock witnessed a remarkable 48% surge in the last month alone. As of January 30, the company boasts a current market capitalization of Rs 760 crore, with its stock tradi...
Post a Comment
Read more

Unlocking Opportunities with Aspire & Innovative Advertising IPO

Are you ready to seize the next big investment opportunity? Aspire & Innovative Advertising is bringing its IPO to the market, and it's your chance to be part of something groundbreaking in the logistics sector. With Moneycontrol Go Pro, you can access this opportunity for just ₹99. Home in on Success: Navigate your financial journey with precision using Moneycontrol's comprehensive resources. Whether you're tracking the latest news on Election 2024, monitoring market trends, or staying updated on developments like the Ram Mandir construction, Moneycontrol has you covered. Empowering Investors: Dive into the heart of the markets with Moneycontrol's expert insights and analysis. From stocks to commodities, mutual funds to personal finance tips, our platform equips you with the knowledge you need to make informed investment decisions. Stay Informed, Stay Ahead: With Moneycontrol, you're not just a spectator – you're an active participant in the fin...
Post a Comment
Read more

Market Momentum Continues: Dow Jones, S&P 500, and Nasdaq Composite See Gains

In a positive turn of events, the stock market displayed resilience on Tuesday, aiming to build upon its recent upward trend. The Dow Jones Industrial Average exhibited a notable rise of 152 points, translating to a 0.4% increase. Simultaneously, the S&P 500 and Nasdaq Composite mirrored this growth, each advancing by 0.4%. Boeing took center stage among Dow components, showcasing a remarkable performance with shares surging by more than 1%. Shifting the focus to the S&P 500, solar energy stocks Enphase Energy and First Solar emerged as top performers, boasting gains of approximately 8% and 6%, respectively. Communication services stood out as a sector outperformer, with Meta Platforms experiencing a surge of more than 1%, while Alphabet witnessed a commendable 0.7% increase in its shares. This positive momentum follows a successful trading session, where the S&P 500 registered a solid 0.45% gain, bringing it within 1.2% of its previous all-time clos...
Post a Comment
Read more