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Government plans to sell 15% stake in Bharti Hexacom in multiple tranches, with TCIL set to benefit from the IPO proceeds. The telecom sector's growth potential and investor confidence are driving interest in the stake sale strategy.
The Ministry of Communications’ strategy to sell Bharti Hexacom stake in tranches, according to analysts, worked out well, and is set for a windfall gain for the government.
The shares of Bharti Hexacom will commence trading in a special pre-open session starting at 10:00 AM today.
Bharti Hexacom Limiteds IPO is the only public offering to hit the market next week. Read on further to find out details.