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If you've applied for the Bharti Hexacom Limited IPO, you're likely eager to know the allocation status. Well, the wait is over! The allotment process has been completed, and now you can easily check how many shares you've been allotted. You can do this by visiting the Kfin Technologies Limited registrar website. Moreover, for those who didn't receive an allotment, rest assured, the refund process has also been finalized.
The allotment date for the Bharti Hexacom Limited IPO has been confirmed, and allotments have been finalized. Investors who applied for the issue can now verify their allotment status on the registrar portal designated for Bharti Hexacom Limited IPO, managed by Kfin Technologies Limited. You can discover the number of shares allotted to you through the registrar's website. Additionally, the company has concluded the refund process for investors who were not allotted shares. The subscription period for Bharti Hexacom Limited IPO commenced on April 3, 2024, and concluded on April 5, 2024.
On the third day of subscription, the Bharti Hexacom Limited IPO witnessed 0.92 times subscription, indicating low demand for the issue. The listing date is scheduled on April 12, 2024. Investors can ascertain their share allocation through the basis of allotment process and check their allotment status. For those who were not allocated shares, the refund process will commence on April 10, 2024. Those allotted shares will receive them in their demat accounts on April 10, 2024. The listing date for Bharti Hexacom Limited IPO is confirmed to be April 12, 2024.
If you've applied for the Bharti Hexacom Limited IPO, you can easily check your allotment status on the Kfin Technologies Limited website. Here's a simple guide to check your allotment status:
The following table outlines the allocation quotas for different categories, detailing both the number of shares and the percentage of the total share capital raised. However, it's primarily the quotas for retail and HNI investors that are of significant interest.
Category of Investors | Allocation of shares under IPO |
---|---|
Reservation for Employees | NA |
Anchor Allocation | 3,37,50,000 (45%) |
QIB Shares Offered | 2,25,00,000 (30%) |
NII (HNI) Shares Offered | 1,12,50,000 (15%) |
Retail Shares Offered | 75,00,000 (10%) |
Total Shares Offered | 7,50,00,000 |
Data Source: BSE
Let's now examine how different categories of investors participated in placing their bids for the IPO of Bharti Hexacom Limited.
Next, let's delve into the level of subscription. The table below illustrates the degree of subscription for each category, along with the overall subscription for Bharti Hexacom Limited.
Category | Subscription Status |
---|---|
Qualified Institutional Buyers (QIB) | 0.70x |
S (HNI) ₹2 lakhs to ₹10 lakhs | 0.89x |
B (HNI) Above ₹10 lakhs | 1.43x |
Non Institutional Investors (NII) | 1.25x |
Retail Individuals | 1.05x |
Employees | NA |
Overall Subscription | 0.92x |
Data Source: BSE
The response to the IPO of Bharti Hexacom Limited was generally considered modest. The QIB portion witnessed a subscription of 0.70 times, while the HNI/NII portion saw a subscription of 1.25 times. The Retail portion experienced a subscription of 1.05 times, culminating in an overall subscription of 0.92 times for the IPO.
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