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Bharti Hexacom Limited
Issue Size (Net)
up to Rs.4,275.00 Cr
Price Band
Rs.542 to Rs.570 per share
Issue Opens
April 3, 2024
Issue Closes
April 5, 2024

Company Highlights

1.Company Information

Incorporated in 1995, Bharti Hexacom Limited provides fixed-line telephone and broadband services to customers in Rajasthan and North East telecom circles in India.
The company provides services in states such as Rajasthan and Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland and Tripura. ;
By December 31, 2023, the company has invested ₹206 billion in digital infrastructure capital expenditures to be future-ready.
As of December 31, 2023, the company has 27.1 million customers across 486 census towns.
As of December 31, 2023, there were 616 distributors and 89,454 retail touchpoints in the distribution network.
As of December 31, 2023, the company had 19,144 thousand data customers, out of which 18,839 thousand were 4G and 5G customers.

2. Objects of the Issue
The company proposes to utilize the Net Proceeds from the Offer towards funding the following objects:
1.To carry out the Offer for Sale of up to 75,000,000 Equity Shares by the Selling Shareholder; and
2.Achieve the benefits of listing the Equity Shares on the Stock Exchanges.
3.Bharti Hexacom IPO Registrar
Kfin Technologies Limited

Phone: 04067162222, 04079611000

Email: bhl.ipo@kfintech.com

Website: https://kosmic.kfintech.com/ipostatus/

Bharti Hexacom Limited Financial Information (Restated Standalone)

Period Ended
Assets
Revenue
Profit After Tax
Net Worth
Reserves and Surplus
Total Borrowing
31-Dec-23
19603.00
5420.80
281.8
3978.80
4166.10
6253.00
31-Mar-23
18252.90
6719.20
549.2
3972.20
3959.50
6269.30
31-Mar-22
16674.30
5494.00
1674.60
3573.20
3410.50
7198.30
31-Mar-21
15003.50
4704.30
-1033.90
1898.70
1736.00
5975.20
Amount in Rs. Crore

Bharti Hexacom IPO Details

Issue Opening Date
April 3, 2024
Issue Closing Date
April 5, 2024
Face Value
Rs.5 per share
Price
Rs.542 to Rs.570 per share
Lot Size
26 Shares
Issue Size
75,000,000 shares (aggregating up to Rs.4,275.00 Cr)
Fresh Issue
75,000,000 shares of Rs.5 (aggregating up to Rs.4,275.00 Cr)
Issue Type
Book Built Issue IPO
Listing At
BSE, NSE

Bharti Hexacom IPO Timeline (Tentative Schedule)

Event
Tentative Date
Opening Date
Wednesday, April 3, 2024
Closing Date
Friday, April 5, 2024
Basis of Allotment
Monday, April 8, 2024
Initiation of Refunds
Wednesday, April 10, 2024
Credit of Shares to Demat
Wednesday, April 10, 2024
Listing Date
Friday, April 12, 2024
Cut-off time for UPI mandate confirmation
5 PM on April 5, 2024

Prospectus

Prospectus File

RR Investors Capital Services Pvt. Ltd AMFI-registered Mutual Fund Distributor

ARN-0032 Validity 14-Mar-2027

Head Office - 4th floor, Indraprakash Building 21, Barakhamba Road, New Delhi – 110001

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