Bharti Hexacom Limited
Overview
Bharti Hexacom Limited stands at the crossroads of technology, communication, and progress. As a key player in the Indian telecommunications landscape, this company has woven itself into the fabric of connectivity, serving millions of people across the vast expanse of Rajasthan.
| Symbol | BHARTIHEXA |
|---|---|
| Issue Period | 03-Apr-2024 to 05-Apr-2024 |
| Cut-off time for UPI Mandate Confirmation | “05-Apr-2024 (upto 5:00 PM) The new cut-off time for UPI mandate acceptance is 05:00 PM on last day of IPO bidding. Further bids with confirmed status of mandate amount blocked (RC100) shall be considered as valid applications and hence, investors are advised to submit their UPI applications in IPO well in advance to avoid any last minute technical/systemic constraints that may hamper their ability to participate in IPOs by successfully accepting the mandate.” |
| Issue Size | “Offer for sale of Up to 75,000,000 Equity Shares aggregating up to Rs. [.] million” |
| Issue Type | 100% Book Building |
| Price Range | Rs. 542/- to Rs. 570/- |
| Face Value | Re.5 per Equity Share |
| Tick Size | Re.1 |
| Bid Lot | 26 Equity Shares and in multiples thereof |
| Minimum Order Quantity | 26 Equity Shares |
| Maximum Subscription Amount for Retail Investor | “Rs. 2,00,000” |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
| Book Running Lead Managers | “SBI Capital Markets Limited, Axis Capital Limited, BOB Capital Markets Limited, ICICI Securities Limited and IIFL Securities Limited” |
| Sponsor Bank | Axis Bank Limited and Kotak Mahindra Bank Limited |
| Categories | “FI, IC, MF, FII, OTH, CO, IND, NOH” |
| Sub-Categories applicable for UPI | IND (upto 5 Lakhs) |
| Name of the Registrar | KFin Technologies Limited (formerly known as KFin Technologies Private Limited) |
| Address of the Registrar | “Selenium, Tower B,Plot No 31 & 32, Financial District,Nanakramguda, Serilingampally Hyderabad, Rangareddi 500 032 Telangana, India” |
A Brief History
Bharti Hexacom emerged from a strategic collaboration between Bharti Enterprises and Telecom Investments India Private Limited. Their shared vision was to bridge the communication gap and empower communities through seamless connectivity. Since its inception, Bharti Hexacom has been committed to delivering reliable services and innovative solutions.
Services Offered
Mobile Telephony: Bharti Hexacom’s mobile services cater to diverse needs. From urban professionals to rural farmers, their network ensures that everyone stays connected. Whether it’s a business call or a heartfelt conversation with family, Bharti Hexacom facilitates it all.
Broadband: In an increasingly digital world, broadband connectivity is essential. Bharti Hexacom provides high-speed internet services, enabling individuals and businesses to thrive online.
Enterprise Solutions: Businesses rely on Bharti Hexacom for robust communication infrastructure. From small enterprises to large corporations, their tailored solutions enhance productivity and collaboration.
Network Strength
Bharti Hexacom’s network spans the length and breadth of Rajasthan. From the bustling streets of Jaipur to the remote villages of Jaisalmer, their towers stand tall, connecting lives. The company’s commitment to expanding coverage ensures that even the most far-flung corners receive reliable signals.
Customer-Centric Approach
Quality: Bharti Hexacom prioritizes service quality. Clear calls, uninterrupted data, and responsive customer support define their commitment.
Innovation: Stagnation is not in their vocabulary. Bharti Hexacom constantly evolves, embracing technological advancements to enhance user experience.
Community Impact: Beyond business, Bharti Hexacom engages with local communities. Initiatives like digital literacy programs and health awareness campaigns demonstrate their holistic approach.
Investment Considerations
As an investor, here are some points to ponder:
Market Position: Bharti Hexacom competes with other telecom giants. Analyze their market share, growth trajectory, and strategic moves.
Regulatory Environment: Keep an eye on regulatory changes that impact the telecom sector. Policies, spectrum auctions, and licensing agreements can influence Bharti Hexacom’s prospects.
Financial Health: Study their financial reports. Debt levels, revenue trends, and profitability matter.
Remember, investing involves risks. Consult financial experts and make informed decisions. Bharti Hexacom’s journey is intertwined with India’s progress—be part of it! 📶🚀
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct thorough research and seek professional guidance before making investment decisions..