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Bharti Hexacom IPO booked 3.24 times so far on final day. Check GMP and other details

The category reserved for NII investors was booked the most at 5.27 times, followed by institutional investors at 2.67 times and retail investors at 1.89 times

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Bharti Hexacom IPO booked 3.24 times so far on final day, Telecom News, ET Telecom

Bharti Hexacom's IPO is completely an offer-for-sale (OFS), without any fresh equity issue. Telecommunications Consultants India, the sole public shareholder in the company, will offload 7.5 crore equity shares or a 15% stake in the OFS.

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Bharti Hexacom IPO booked 50% so far on Day 2, Telecom News, ET Telecom

Bharti Hexacom's IPO is completely an offer-for-sale and has no fresh equity issue. The company's shares were trading with a premium of Rs 40 in the unlisted market ahead of the issue launch.

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Bharti Hexacom IPO opens for subscription today. Should you bid?

Bharti Hexacom's IPO, with strong parentage and brand, is priced at Rs 542-570 per share. Analysts recommend subscribing to the Rs 4,275 crore issue as it is available at a reasonable valuation. The company offers 5G plus services and operates in Rajasthan and the Northeast circles.

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Bharti Hexacom IPO: Check subscription on Day 1, GMP and other details

The initial public offer (IPO) of Bharti Hexacom was subscribed 11% so far on Wednesday, the first day of the bidding process. The Rs 4,275 crore issue will close on April 5.

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