Bharti Hexacom IPO
Bharti Hexacom Shere has shown its impact with a good start. On April 12, Bharti Hexacom Shere was listed at Rs 755 with a premium of Rs 32.4 per share while Bharti Hexacom IPO was priced at Rs 570. The listing profit was 12-15 percent premium. missed analyst estimates by Bharti Hexacom IPO worth Rs 4275 crore This IPO is India's largest public offering from its allotted quota. Eligible Institutions have achieved almost 30 times higher membership figures Investors made their allocation By being subscribed 48.57 times led this group Non-institutional investors have Has closely followed by buying 10.52 times the share While retail Investors have reserved their share Strong interest has been shown by subscribing 2.83 times The anchor book of Bharti Hexacom IPO sees top global investors like Capital Group, Fidelity, BlackRock and ADIA participating ahead of the opening of the IPO.The Airtel subsidiary has raised around Rs 1,924 crore through its anchor book.
The public offer opened for subscription on 3 April and closed on 5 April. The offer is entirely an offer for sale of 7.5 crore shares by which Telecom Consultants India, the sole public shareholder of Bharti Hexacom IPO, had sold the shares.
The company provides fixed-line telephone and broadband services primarily based in Rajasthan and the North East. It serves 27.1 million customers across 486 census towns through a distribution network of 616 distributors and 89,454 retail touchpoints.
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Shere market IPO