Bharti Hexacom IPO

Bharti Hexacom Ltd. is set to launch its IPO. As a leading communications solutions provider operating under the Airtel brand, Bharti Hexacom dominates in Rajasthan and the North East telecom circles. Let us have a closer look at the Bharti Hexacom IPO details below.

Bharti Hexacom IPO Details


Parameter Details
IPO Open Date April 03, 2024
IPO Close Date April 05, 2024
IPO Allotment Date April 08, 2024
IPO Listing Date April 12, 2024
Issue Size Rs. 4,275 Cr
Listing At BSE, NSE
Price Range Rs. 542 - Rs. 570 per share
Lot Size 26 shares

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About the Company

Bharti Hexacom Ltd. is a communications solutions provider offering consumer mobile services, fixed-line telephone, and broadband services primarily in India's Rajasthan and North East telecommunication circles. Their services are offered under the brand Airtel. The company focuses on acquiring and retaining premium customers, utilising an omnichannel approach, and leveraging data science. With India's growing wireless telecom market, Bharti Hexacom IPO stands to benefit from potential market growth.

Bharti Hexacom Financial Highlights

Financial Highlights Year ending March 31, 2023 Year ending March 31, 2022 Year ending March 31, 2021
Total Income (in Rs. million) 67,192 54,940 47,043
Profit/Loss After Tax 5,492 16,746 -10,339
Return on Capital Employed 10.72% 4.10% 1.58%
Net Debt to EBITDA Ratio 2.8 4.7 6.8

Bharti Hexacom Strengths & Weaknesses

Strengths Weaknesses
Dominant Market Position: Bharti Hexacom holds a significant market position in the North East circle and maintains a strong presence in Rajasthan.

Regional Revenue Dependency: The company derives a significant portion of its revenues from providing mobile telephone services in specific regions, namely Rajasthan and the North East circle.

Ownership by Airtel: With Airtel owning 70% of Bharti Hexacom's outstanding equity share capital, the company benefits from the resources, expertise, and global footprint of its parent company.

Regulatory Risks: Operating in the highly regulated telecommunications market, Bharti Hexacom is subject to various regulatory requirements, including licensing terms, spectrum allocations, and compliance obligations.

Strategic Initiatives: Bharti Hexacom's strategic initiatives like acquiring and retaining quality customers and leveraging data science, demonstrate a proactive approach to business growth.

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How to apply Bharti Hexacom IPO?

Retail investors need to apply for the IPO using UPI

UPI

  • Link your bank account to a UPI ID.
  • Register your UPI id with your Demat account.
  • Subscribe Bharti Hexacom IPO and approve the payment on your UPI ID.

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Frequently asked questions

  • An IPO also known as initial pulic offering or stock launch is a process when a private company sale its shares to public for the first time. Learn more about IPO at our knowledge centre.

  • A lot size is the minimum number of shares that an investor has to bid for. A lot size differs for each IPO and is fixed by the company.

  • IPO Price Band is the price range within which investors can bid for the shares. The minimum price is called the floor price and the maximum price is called the cap price.

  • Issue size is the total value of an IPO. It is calculated by multiplying the number of shares offered by the company by the issue price per share.

  • You will receive an email on your registered email id if the IPO shares are allotted to you. Alternatively, you can also visit the registrar of the company’s official website and provide the details as asked in the allotment status section of the website.

  • IPOs, as such, do not have any taxes. You are taxed only when you decide to sell the IPO shares. Any monetary profit you make while selling the IPO shares is referred to as ‘capital gains’.

    Capital gains tax is charged depending on how long you held the shares for. If you owned the shares for less than 12 months, it is considered as short-term capital gains and if it is over 12 months, it is referred as long-term capital gains.

    Tax on short-term capital gains is 15%. It is 10% for equity gains in the long run (over 12 months). Do remember that you are taxed if the equity proceeds exceed Rs 1 lakh.

  • The price band for the Bharti Hexacom IPO is Rs. 542 to Rs. 570 per share.

  • The size of the IPO is Rs. 4,275 crores.

  • The minimum market lot for the Bharti Hexacom IPO is 26 shares for the retail category.

  • For retail investors, the minimum investment required would depend on the minimum lot size and the price per share. As per the provided information, the minimum market lot is 26 shares, and the price band is Rs. 542 to Rs. 570 per share. Therefore, the minimum investment required would be 26 shares multiplied by the lower end of the price band, which equals Rs. 14,092.