Bharti Hexacom IPO

[ad_1] In the realm of current IPOs, the Radiowalla IPO and TAC Infosec IPO are scheduled to conclude on April 2nd. Meanwhile, bids for the Yash Optics & Lens IPO, Jay Kailash Namkeen IPO, and K2 Infragen IPO, all from the SME segment, will wrap up on April 3rd. The Aluwind Architectural IPO and Creative Graphics Solutions India IPO, also from the SME segment, will close on April 4th.…

[ad_1] It has set aside not less than 75% of the offer for qualified institutional buyers (QIB), not more than 15% of the offer for non-institutional institutional investors (NII), and not more than 10% of the offer for retail investors. The Red Herring Prospectus of the firm states that the Bharti Hexacom IPO consists only of an offer-for-sale (OFS) and does not include a fresh issue component. Telecommunications Consultants…

[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] SBI Capital Markets Ltd, Axis Capital, BOB Capital Markets, ICICI Securities and IIFL Securities are the book-running lead managers to the issue. Bharti Airtel’s arm Bharti Hexacom has received capital markets regulator Sebi’s nod to mobilise funds through an IPO. Bharti Airtel’s arm Bharti Hexacom has received capital markets regulator Sebi’s nod to mobilise funds through an initial public offering (IPO). Bharti Hexacom provides telecommunication services in Rajasthan…

[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…