₹542 to ₹570 per equity share, with a face value of ₹5. The floor price stands at 108.40 times the face value of the equity shares, while the cap price is set at 114 times the face value. At the floor price, the price-to-earnings ratio is 49.36 times, whereas at the cap price, it rises to 51.91 times.
Also read: Bharti Hexacom IPO: Company explains the reason for reducing the issue size The new fiscal year 2024–2025 (FY25) is marked by the launch of the Bharti Hexacom IPO. Allocation to anchor investors for the Bharti Hexacom IPO is scheduled for Tuesday, April 2. At least 75% of the offer has been allocated for qualified institutional buyers (QIBs), with no more than 15% set aside for non-institutional investors (NIIs), and a maximum of 10% reserved for retail investors.
Bharti Hexacom IPO date: The IPO for Bharti Hexacom is set to open for subscription on Wednesday, April 3, and will close on Friday, April 5. Bharti Hexacom IPO price band: The price band of the upcoming public issue has been fixed at ₹542 to ₹570 per equity share, with a face value of ₹5. Bharti Hexacom IPO size: It is a book-built issue of ₹4,275 crores and is entirely offer for sale (OFS) and does not include a fresh issue component.
Also read: Bharti Hexacom IPO: Price band set at ₹542-570 apiece; check issue details, key dates, more Bharti Hexacom IPO lot size: Investors are allowed to bid for a minimum of 26 shares and in increments thereof. Retail investors must invest a minimum of ₹14,820. Bharti Hexacom IPO promoters: The promoter of the company is telecom giant Bharti Airtel.
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