IPO this week: Bharti Hexacom set to become first public offering of FY25

IPO thisweek, Bharti Hexacom IPO price band: Bharti Airtel subsidiary Bharti Hexacom is all set to launch an initial public offering (IPO) on Wednesday, April 3. That will be the first public offer of the new financial year beginning April 1. 

The IPO will be available for subscription for three trading days, till April 5.

Bharti Hexacom IPO

The initial share sale, estimated to be worth Rs 4,275 crore, comprises an offer for sale (OFS) of 7.5 crore equity shares, representing a 15 per cent stake owned by Telecommunications Consultants India.

Bharti Hexacom IPO price band

The company has fixed a price band of Rs 542-570 per share for the IPO.

Bharti Hexacom IPO lot size

Under the IPO, potential investors will be able to bid for shares in multiples 26, amounting to Rs 14,820 per lot.

Bharti Hexacom IPO allotment date

The basis of the allotment of shares, under the Bharti Hexacom IPO, of is set to be finalised tentatively on April 8.

Bharti Hexacom IPO listing date

The stock will be listed on exchanges BSE and NSE tentatively on April 12.

Bharti Hexacom IPO: Book running lead managers

SBI Capital Markets, Axis Capital, BOB Capital Markets, ICICI Securities, and IIFL Securities are the book-running lead managers of the public issue.

Bharti Hexacom IPO: Registrar

Kfin Technologies Limited is the registrar.

What does Bharti Hexacom do?

Bharti Hexacom provides telecommunication services in Rajasthan and the North East. 

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