Bharti Hexacom IPO: Unlocking The Details of This IPO
Bharti Hexacom IPO is open for subscription starting Wednesday, April 3, 2024, and closing on Friday, April 5, 2024. The price is decided at Rs 542 to Rs 570 per share. The minimum lot size of this application for the retail category is 26 shares. The minimum lot size for small non-institutional investors is 14 lots consisting of 364 shares. Meanwhile, the minimum lot for big non-institutional investors is 68 lots with 1768 shares. The minimum investment required for retail category investors is Rs 14,820 ( 570 x 26 shares). However, for small non-institutional investors, the minimum investment amount required is Rs 2,07,480 (570 x 364 shares); for big non-institutional investors, it is Rs 10,07,760 (570 x 1768 shares). Bharti Hexacom IPO is a book-built issue of Rs 4,275 crores. The issue is completely an offer for sale of 7.5 crore equity shares. The allotment for this IPO is expected to be finalised on Monday, April 8, 2024.
Bharti Hexacom Limited IPO will be listed on both BSE and NSE, and the listing date is fixed on Friday, April 12, 2024. The book-running lead managers of Bharti Hexacom Limited are SBI Capital Markets Limited, Axis Capital Limited, Bob Capital Markets Limited, ICICI Securities Limited and IIFL Securities. The registrar for this new IPO is Kfin Technologies Limited. Read More
