ListedMainboard

Bharti Hexacom Limited

BHARTIHEXA3 Apr 2024 – 5 Apr 2024INE343G01021
On listing day it
—
we hold no exchange bar dated on the listing date
Since then, against the issue price
+149.9%
₹1,424.5 on 30 Sept 2026

Against an issue price of ₹570. Split- and bonus-adjusted official closes — a past move, never a forecast.

Issue price
₹570
final issue price
Issue size
—
Lot size
26 sh
₹14,820 a lot
Listed on
12 Apr 2024
NSE
Now trading as BHARTIHEXA — see its filed financials and price history →
Notes

Bharti Hexacom Limited was a mainboard initial public offer.

The book was open from 3 April 2024 to 5 April 2024.

The issue was priced at ₹570 a share, from a band of ₹542 to ₹570.

We did not poll this issue while its book was open. The exchange publishes only the current cumulative figure and no history, so a subscription series cannot be reconstructed after an issue closes.

The shares listed on 12 April 2024.

The last official close on file is ₹1,425 (30 September 2026), which is 149.9% above the issue price.

It now trades as BHARTIHEXA, and its filed financials are on its company page.

How it has done since listing
NSE close · 30 Sept 2026
Issue price
₹570
final issue price
Listing-day move
—
Now vs issue price
+149.9%
30 Sept 2026
Since first close
—

Shares sold in the issue at ₹570 last closed at ₹1,424.5.

See BHARTIHEXA’s filed financials and price history →

Official exchange closes, restated for splits, bonuses and rights issues since listing. A record of past price movement, not a forecast.

The offer
Issue price
₹570
face value ₹5
Lot size
26 sh
₹14,820 a lot
Registrar
KFin Technologies Limited (formerly known as KFin Technologies Private Limited)
Lead managers
  • SBI Capital Markets Limited
  • Axis Capital Limited
  • BOB Capital Markets Limited
  • ICICI Securities Limited
  • IIFL Securities Limited
What happens when
3-day book
  1. Bidding opens3 Apr 2024
  2. Bidding closes5 Apr 2024
  3. Basis of allotmentnot published

    Not published in the exchange feeds we ingest — we do not estimate it.

  4. Listing12 Apr 2024
Subscription

We did not poll this issue while its book was open. The exchange publishes only the current cumulative figure and no history, so a subscription series cannot be reconstructed after an issue closes.

Demand at each price

We did not poll this issue while its book was open. The exchange publishes only the current cumulative figure and no history, so a subscription series cannot be reconstructed after an issue closes.

Anchor investors

We have not extracted an anchor allotment list for this issue.

When locked shares come free
computed from ICDR rules
  • All other pre-issue capital
    SEBI ICDR 2018 Reg. 17 — all other pre-issue capital, 6 months from allotment
    12 Oct 2024
    already free
  • Promoters' minimum contribution
    SEBI ICDR 2018 Reg. 16(1)(a) — promoters' minimum contribution, 18 months from allotment
    12 Oct 2025
    already free

Computed from the SEBI ICDR 2018 lock-in rules, not disclosed by the issuer or the exchange. The regulation counts from the date of allotment, which no feed we ingest publishes, so these are counted from the listing date and fall at most two to three business days later than the true expiry.

How the price was set
as printed in the prospectus

Every offer document must set out the reasoning behind its own price: what the company earned in the years before it came to market, and what multiple of those earnings it is asking for. This is that chapter — the issuer’s argument for its price, not our assessment of it.

Asking, at the top of the band
51.9x
diluted earnings · 49.4x at the floor
The issuer's chosen peers
—
Earnings the price leans on
₹13.21
diluted, per share

Figures as printed in the offer document's "Basis for Offer Price" chapter. A record of the case the issuer made for its own price, not our valuation of it.

Restated financials

Everything we extracted from this issue's offer document is the pricing justification rather than the restated statements — it is shown under how the offer was priced. The restated financial statements themselves have not been extracted for this issue.

Objects of the offer

We have not extracted this section from the offer document for this issue yet. It is read from the abridged prospectus, and several offer documents are served as .zip archives or as scanned pages with no text layer.

Who the issuer compares itself to
as printed in the offer document

The offer document must name the listed companies the issuer considers comparable, and print their valuation figures beside its own. This is that list — the issuer’s choice of comparison, not ours.

CompanyP/ERoNW
Bharti Airtel Consolidated Limitednot in our universe82.215.8%
Reliance Jio Standalone Infocomm Limitednot in our universe—8.4%
Vodafone Consolidated Idea Limitednot in our universe-1.6—
The issuer’s own figures, as it printed them
EPS
₹10.98
NAV per share
₹84.19
Return on net worth
13.83%

The issuer's own figures as printed at the head of the same table — its claim about itself, on the same basis as its claims about the companies below.

Figures as PRINTED by the issuer in its own offer document. The comparison set is the issuer's choice, not ours.

Who ran this issue, and what else they have run
past issues only
Lead managers
FirmIssuesTypical listing move
Axis Capital Limited
2021 – 2026
86
18 measurable
+11.7%
BOB Capital Markets Limited
2023 – 2026
6
0 measurable
—
ICICI Securities Limited
2021 – 2026
87
13 measurable
+16.6%
IIFL Securities Limited
2021 – 2025
39
2 measurable
-8.1%
SBI Capital Markets Limited
2022 – 2026
46
7 measurable
+4.5%
Registrar
FirmIssuesTypical listing move
Kfin Technologies Limited
2021 – 2026
130
37 measurable
+6.5%

A count of what happened to the other issues each firm was named on, computed from exchange closes. Not a rating, not a ranking, and not a view on the firm.

Read the offer documents
3 filed

Filed with SEBI and the exchanges by the issuer. These are the source for every figure on this page.

Compiled from NSE and SEBI offer documents and exchange feeds. A description of the issue and of the bids received — not investment advice, and not a view on whether to apply. No grey-market premium, no allotment lookup and no listing-gain estimate is published here.