Bharti Hexacom IPO GMP, Details, Guidance, Subscription Status, allotment @ Chanakyanipothi.com
👉A legacy of 31 Years.
India`s Oldest Investment & IPO website.
👉Most Trusted by Investors across India.

Table of Contents

• GMP
• Reviews
• Subscription
• Allotment

What is the business of Bharti Hexacom?

Bharti Hexacom is a communications solutions provider offering consumer mobile services, fixed-line telephone and broadband services to customers in the Rajasthan and the North East telecommunication circles in India, which comprises the states of Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland and Tripura. It offers its services under the brand ‘Airtel’. It has a distinct strategy to premiumise its portfolio by acquiring and retaining quality customers and deliver an experience to them through our omnichannel approach and use of data science. It has a gamut of digital offerings to enhance customer engagement and differentiated customised offerings through family and converged plans under Airtel Black proposition, which has resulted in the continuous improvement of its revenue market share during the last three Fiscals. It undertakes prudent cost optimisation measures to improve its profitability and maintain an efficient capital structure with a comfortable leverage position. It continuously invests in network expansion, technology advancement and judicious spectrum investments.
As of December 31, 2023, it had invested Rs. 206 billion in capital expenditure in its future ready
digital infrastructure. It also derives significant synergies from its relationship with its Promoter, Airtel, through the expansive digital infrastructure, digital experience and the digital services it provides to its customers.

Its revenue market share for the Rajasthan circle was 40.4%, 39.2%, 39.5%, 36.7% and 32.7%, while for the North East circle was 52.7%, 52.4%, 52.5%, 48.5% and 42.0% during the nine months ended December 31, 2023 and 2022 and Fiscals 2023, 2022 and 2021, respectively. It was at number one position in the North East circle during the nine months ended December 31, 2023 and Fiscals 2023 and 2022. In the Rajasthan circle, the market share gap between it and the market leader has narrowed between Fiscal 2021 and the nine months ended December 31, 2023 and it stood at the close second position during the nine months ended December 31, 2023.

For more information, click https://www.bhartihexacom.in/

Bharti Hexacom IPO GMP, Particulars & Guidance

Bharti Hexacom IPO Guidance* by Paresh Gordhandas, CA & Research Analyst.
Bharti Hexacom is a communications solutions provider offering consumer mobile services, fixed-line telephone and broadband services to customers in the Rajasthan and the North East telecommunication circles in India, which comprises the states of Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland and Tripura. It offers its services under the brand ‘Airtel’. It was at number one position in the North East circle during the nine months ended December 31, 2023 and Fiscals 2023 and 2022. In the Rajasthan circle, the market share gap between it and the market leader has narrowed between Fiscal 2021 and the nine months ended December 31, 2023 and it stood at the close second position during the nine months ended December 31, 2023.
Size: This being a mainboard IPO, the size  Rs. 4275 Cr is somewhat large. At present, so many SME IPOs have entered the market and year-end is nearby, so huge oversubscription may not be possible. However in this IPO, 75% of the shares are reserved for the QIBs, and only 15% shares are available for NIIs, so overubscription is not at all difficult.
Financials: The company has shown volatility in its bottomline. However, in India, the telecom market has low competition level, hence good profitability is expected to continue. The shares are offered at reasonable valuation, compared to the peer companies. Apply only with long term angle. You may or may not get listing gains.
Quicklinks

• Staffavailable.com
• BigGaddi.com
• ChanakyaMFGuidance.com
• Magajmari.com
• AnalysisLibrary.com

Bharti Hexacom IPO GMP

Bharti Hexacom IPO GMP today details

Bharti Hexacom IPO GMP today, Details, Guidance, Subscription Status, allotment

SRM Contractors Anchor Investors Details