Bharti Hexacom IPO
Telecom - Listed on 12 April 2024
Bharti Hexacom IPO listing summary
Bharti Hexacom (Telecom) closed its IPO window in 2024 and listed on NSE and BSE on 12 April 2024 at an upper band issue price of Rs 570, opening at Rs 755 for a listing gain of +32.5% and closing day one at Rs 813.3 (+42.7% on closing basis). The IPO was subscribed 29.88x overall - QIB 48.57x, HNI/NII 10.52x, Retail 2.83x. The total issue size was Rs 4,275 Cr (Fresh Issue Rs 4275 Cr, OFS Rs 0 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
Bharti Hexacom IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 37 | +16.32% |
| Day 2 | Rs 40 | +16.14% |
| Day 3 | Rs 43 | +14.91% |
| Day 4 | Rs 50 | +13.16% |
| Day 5 | Rs 55 | +11.40% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Issue & financials
Market context at listing
How the broader market moved around the Bharti Hexacom IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Bharti Hexacom IPO - FAQs
What was the listing gain of Bharti Hexacom IPO?
Bharti Hexacom IPO listed at +32.5% versus the upper issue price of Rs 570 on 12 April 2024.
How many times was Bharti Hexacom IPO subscribed?
Bharti Hexacom IPO was subscribed 29.88x overall. QIB portion was subscribed 48.57x, HNI / NII 10.52x and Retail 2.83x.
What was the IPO GMP for Bharti Hexacom?
IPO GMP started at Rs 37 on Day 1 and moved to Rs 55 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.