Bharti Hexacom Ltd. IPO

Bharti Hexacom, India's telecom titan, connects lives across Rajasthan and the North East. Renowned for their 'Airtel' brand, they offer high-speed mobile, broadband, and fixed-line services. Their strategy focuses on premiumization, attracting quality customers through digital offerings like 'Airtel Black' family plans and data-driven experiences. This strategic approach has boosted revenue market share for three years straight. Bharti Hexacom invests heavily in network expansion, boasting a future-ready digital infrastructure with over 23,000 towers. Backed by the might of parent company Airtel, they leverage extensive digital experience and services to stay ahead. With a growing customer base and data consumption soaring, Bharti Hexacom connects homes and businesses, powering a brighter digital future in the region.

Company Financials

You can get the following financial statements of Bharti Hexacom Ltd. as of now.

The details about the Bharti Hexacom Limited IPO is as:

  • The issue size of Bharti Hexacom Limited IPO is 4275 Cr.
  • The price band for Bharti Hexacom Limited IPO is Rs 542 to Rs 570.
  • The shares of Bharti Hexacom Limited IPO will list on 12th April 2024.
  • The latest tentative GMP of Bharti Hexacom Limited IPO is Rs 50.
  • The shares of Bharti Hexacom Limited IPO is subscribed 29.88 Times as of 5th April 2024.

 

Bharti Hexacom Limited IPO Valuation

The approx valuation of Bharti Hexacom Limited IPO based on its price band and DRHP (prospectus) is:

Particulars Value
Upper Price Band Rs 570
Existing Shares (Qty) 50 Cr
Market Cap 28,500 Cr
EPS (FY23) Rs 10.98
PE Ratio 51.91x
Industry PE 40.27x

 

Bharti Hexacom Limited IPO Issue Size

Bharti Hexacom Limited IPO issue size is 4275 Cr

Issue Amount
Fresh Issue 0 Cr
Offer For Sale 4275 Cr

 

Bharti Hexacom Limited IPO Market Lot

An Individual can apply for a minimum 1 lot of shares and a maximum of 13 lots of 338 shares. Find the details below:

Application Lot Shares Amount
 Minimum  1 26 14,820
 Maximum 13 338 1,92,660

 

Bharti Hexacom Limited IPO share offer

The shares of Bharti Hexacom Limited IPO is subscribed 29.88 Times as of 5th April 2024. The category-wise shares offered are as follows:

Category % Offered Subscription
Qualified Institutional Minimum 75% 48.57 Times
Non-Institutional Maximum 15% 10.52 Times
Retail Individual Maximum 10% 2.83 Times
Total   29.88 Times

Find below the dates for Bharti Hexacom Limited IPO:

Schedule Date
Basis of Allotment 8 April 2024
Refunds 10 April 2024
Credit to Demat Account 10 April 2024
IPO Listing Date 12 April 2024

Check allotment status

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Net Sales 4602.3 5405.2 6579 7088.8 8547.9
Total Expenditure 3549.9 3596.2 3793.3 3727.6 4350.7
Operating Profit 1052.4 1809 2785.7 3361.2 4197.2
Other Income 149.1 93.8 140.2 249.6 181.8
Interest 563.7 571.8 638.8 645.3 688.3
Depreciation 1285.2 1441 1553.3 1739.2 2094.5
Exceptional Items -341.7 1951.1 0 -303 212.6
Profit Before Tax -989.1 1841.1 733.8 923.3 1808.8
Provision for Tax 44.8 166.5 184.6 418.9 315.2
Net Profit -1033.9 1674.5 549 504.4 1493.6
Adjusted EPS (Rs.) -2.07 3.35 1.1 1.01 2.99

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity and Liabilities
Share Capital 250 250 250 250 250
Total Reserves 1736 3410.5 3959.5 4388.7 5682.1
Borrowings 3692.6 4807.8 4729.9 2792.4 2652.2
Other N/C liabilities 719.6 1079.6 2408.5 2677.3 2803.4
Current liabilities 7488.7 6179 6142.1 7551.2 6841.3
Total Liabilities 13886.9 15726.9 17490 17659.6 18229
Assets
Net Block 10303.7 10233.6 11174.1 13615 14732.9
Capital WIP 70.7 64.1 456.3 196.9 297.3
Intangible WIP 0 0 1479.7 247.6 0
Investments 0 0 0 0 0
Loans & Advances 647.6 613.3 524.8 361 547.7
Other N/C Assets 845.4 793.6 957.5 841.9 732.8
Current Assets 2019.5 4022.3 2897.6 2397.2 1918.3
Total Assets 13886.9 15726.9 17490 17659.6 18229
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
Other Income 48.7 39.9 49.1 45 47.8
Profit Before Tax 301 576.8 339.5 379.3 513.2
Tax 78.4 65.6 86.4 118.4 44.8
Profit After Tax 222.6 511.2 253.1 260.9 468.4
Adjusted EPS (Rs) 4.45 10.22 5.06 5.22 9.37

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Jun 2025 70 0
Mar 2025 70 0
Dec 2024 70 0
Sep 2024 70 0
Jun 2024 70 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Profit from operations -989.1 1841.1 733.8 923.3 1808.8
Adjustment 2140.6 2030.5 2196.3 2570.5 2562.2
Changes in Assets & Liabilities 399.2 -2598.8 2198 69.7 886.3
Tax Paid -33.5 -14.8 -19.7 -17.4 -674.7
Operating Cash Flow 1517.2 1258 5108.4 3546.1 4582.6
Investing Cash Flow -882.5 -1382.5 -2030.9 -1155.1 -2340.6
Financing Cash Flow -604.2 183.1 -3111.4 -2403.6 -2264.7
Net Cash Flow 30.5 58.6 -33.9 -12.6 -22.7
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