Bharti Hexacom IPO detail

[ad_1] Bharti Hexacom, a subsidiary of Bharti Airtel, is scheduled to make its debut on the stock market on April 3, marking the inaugural initial public offering of the 2024-25 fiscal year. The public offering is slated to conclude on April 5. Additionally, according to a statement filed with the exchange, the bidding for anchor investors will commence on April 2, 2024, a day before the official opening of…

[ad_1] Bharti Airtel’s arm Bharti Hexacom has received capital markets regulator Sebi’s nod to mobilise funds through an initial public offering (IPO). The initial public offer will not have any fresh issuance of equity shares, and since it is an offer for sale or OFS, Bharti Hexacom will not receive any proceeds from the issue. Under the OFS, 10 crore equity shares will be offloaded by Telecommunications Consultants India…