Bharti Hexacom IPO: Bharti Airtel’s subsidiary company raises ₹1,924 crore from anchor investors ahead of IPO

Bharti Hexacom IPO: Bharti Airtel's subsidiary company raises ₹1,924 crore from anchor investors ahead of IPO

Bharti Airtel’s subsidairy company Bharti Hexacom, on Tuesday, said that it has raised over ₹1,923.75 crore from anchor investors ahead of its initial public offerings (IPO). According to the exchange filing, the company allocated 3,37,50,000 shares to anchor investors at a price of ₹565 per equity share.  Also read: Bharti Hexacom IPO to open tomorrow; … Read more

Airtel’s unit Bharti Hexacom gets SEBI approval to float IPO

Airtel's unit Bharti Hexacom gets SEBI approval to float IPO

Bharti Airtel’s arm Bharti Hexacom has received capital markets regulator Sebi’s nod to mobilise funds through an initial public offering (IPO). The initial public offer will not have any fresh issuance of equity shares, and since it is an offer for sale or OFS, Bharti Hexacom will not receive any proceeds from the issue. Under … Read more