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Step-by-Step Guide: Bharti Hexacom IPO GMP: Verify Online Allotment Status On BSE

A book-built issue of Rs 4,275 crores, is selling 7.5 crore shares in its first public offering (IPO). More than thirty people subscribed to the IPO.

 

Window for Bharti Hexacom IPO Subscription
On April 3, 2024, the Bharti Hexacom IPO bidding began, and it ended on April 5, 2024.
Date of Bharti Hexacom’s IPO Allotment

By Monday, April 8, 2024, the Bharti Hexacom IPO allocation is anticipated to be completed.

Date of Bharti Hexacom’s IPO Listing

On Friday, April 12, 2024, the Bharti Hexacom IPO is scheduled to list on the BSE and NSE.
Lot Size and Price Band for Bharti Hexacom’s IPO

There is a minimum lot size requirement of 26 shares per application, and the IPO price range is set at Rs 542 to Rs 570 per share. The minimum investment needed from retail investors is Rs 14,820. The minimum lot size investments for institutional investors differ; the sNII is set at 14 lots (364 shares), or Rs 207,480, while the bNII is set at 68 lots (1,768 shares), or Rs 1,007,760.
Hexacom Bharti IPO GMP

Several websites that monitor premium activity on the gray market indicate that the unlisted market is seeing the shares of Bharti Hexacom’s IPO fetch a GMP between Rs. 50 and Rs. 60.

How to Check the BSE’s Bharti Hexacom IPO Allotment Status Step-by-Step
Step 1: Go to the allocation page on the BSE official website (https://www.bseindia.com/investors/appli_check.aspx).
Step 2: Choose “Equity” under “Issue Type.”

Step 3: Select the IPO under ‘Bharti Hexacom IPO’ from the dropdown menu.
Step 4: Type in your application number or PAN.

Lead Managers and Registrar: For the IPO, the book running lead managers are ICICI Securities Limited, IIFL Securities Ltd, Bob Capital Markets Limited, Axis Capital Limited, and SBI Capital Markets Limited. The problem is registered with KFin Technologies Limited.

Hexacom Bharti Bharti Hexacom Limited was founded in 1995 and is a specialized provider of broadband and fixed-line phone services in the telecom circles of Rajasthan and Northeast India. States like Rajasthan, Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland, and Tripura are among those to whom the firm provides its services.

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