Bharti Hexacom IPO, GMP, Price, Date and Subscription: All you need to know

Bharti Hexacom IPO, GMP, Price, Date and Subscription- All you need to know

Bharti Airtel's subsidiary company is ready to be listed on the stock market, whose IPO has opened from April 3 i.e. today. If you are also waiting to invest in the IPO, then today the first IPO of the financial year 2024- 2025 is opening for subscriptionThe company has also fixed the issue price. Hexacom, a subsidiary of Bharti Airtel, has fixed the price band for the IPO at Rs 542 to Rs 570.

Bharti Hexacom Price and Size

The allotment of shares of Indian Hexacom will take place on April 8, 2024. Bharti Hexacom's IPO will be listed on both BSE and NSE on April 12. The total size of Bharti Hexacom IPO is Rs 4,275 crore. Through this IPO, the company will sell 7.5 crore shares. If you want to bet on this IPO, you can invest in it from April 3 to April 5.

Bharti Hexacom IPO GMP

The Bharti Hexacom shares will be listed on NSE and BSE on April 12.The company has already raised Rs 1, 923.75 crore from anchor investors for 33,750,000 shares. The company will allot shares to successful investors on April 8. On the other hand, unsuccessful investors will get their refund on April 10. The shares of the company will be transferred to the demat account on April 10.

Bharti Hexacom IPO Listing Date

The company has already raised Rs 1, 923.75 crore from anchor investors for 33,750,000 shares. The company will allot shares to successful investors on April 8. On the other hand, unsuccessful investors will get their refund on April 10. The shares of the company will be transferred to the demat account on April 10. The shares will be listed on NSE and BSE on April 12.

Retailers have to buy at least 26 shares

If you also want to become a shareholder in Airtel's subsidiary company, then you have to buy a lot of at least 26 shares. Retail investors will have to invest a minimum of Rs 14,820 in the price band of Rs 542 to Rs 570 per share. At the same time, high net worth investors will have to buy 14 lots, for which a minimum of Rs 207,480 will have to be paid.

Bharti Hexacom IPO Subscription Status

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The IPO has collected Rs 1, 923.750 from anchor investors. On Wednesday, April 3, 2024, Bharti Hexacom's IPO has opened for subscription. Hence, at present, this IPO has been subscribed up to 0.03 times. Retail investors have subscribed 0.14 times so far. NII has subscribed its share up to 0.3 times.