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Bharti Hexacom Ltd

Bharti Hexacom Ltd (Ticker: BHARTIHE IN) is a telecommunications company based in India, subsidiary of Airtel, operating in the telecommunications industry. The company provides a range of services, including fixed-line telephone and broadband services, across several Indian states such as Rajasthan, Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland, and Tripura. Bharti Hexacom Ltd is set to list on April 12, 2024, on the National Stock Exchange of India. The firm is offering 75 million shares at the price of INR 570 per share, aiming to raise INR 42.75 billion (approximately USD 512 million). This values the company at a market capitalization of INR 285 billion (approximately USD 3.42 billion). The offering is managed by Axis Capital Ltd, Bob Capital Market, ICICI Securities Ltd, IIFL Securities Pte Ltd, and SBI Capital Markets .

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