Bharti Hexacom Limited IPO allotment finalized: A Step-by-Step Guide to Checking Your Status in 6 Simple Steps

Listen to our Podcast: Grow your wealth and keep it secure.

0:00 / 0:00

Bharti Hexacom Limited IPO allotment:

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.

Bharti Hexacom Limited IPO allotment date:

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.

Bharti Hexacom Limited IPO subscription:

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.

Bharti Hexacom Limited IPO: How to check allotment status?

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:

  • Go to the Kfin Technologies Limited website.
  • Select the Bharti Hexacom Limited IPO from the dropdown menu.
  • Choose either your Application Number, Demat Account, or PAN to proceed.
  • Select your application type as ASBA or non-ASBA.
  • Provide the required details based on your selection in the previous step.
  • Complete the Captcha verification.
  • Click on the submit button to view your allotment status.

How to check Bharti Hexacom Limited IPO allotment status on BSE:

  • Navigate to the allotment page on the official BSE website via this link: https://www.bseindia.com/investors/appli_check.aspx
  • In the 'Issue Type' section, opt for 'Equity' and pick the Bharti Hexacom Limited IPO from the dropdown menu labeled 'Issue Name'.
  • Enter either your PAN or application number, then click the 'Submit' button.

How to check Bharti Hexacom Limited IPO allotment status on NSE:

  • to NSE's official website using this link:https://www.nseindia.com/
  • Choose the 'Click here to sign up' option and complete the registration process using your PAN details.
  • Enter your username, password, and captcha code on the subsequent page.
  • Once logged in, navigate to the designated section to check the IPO allotment status.

Allocation quota for Bharti Hexacom Limited

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 InvestorsAllocation of shares under IPO
Reservation for EmployeesNA
Anchor Allocation3,37,50,000 (45%)
QIB Shares Offered2,25,00,000 (30%)
NII (HNI) Shares Offered1,12,50,000 (15%)
Retail Shares Offered75,00,000 (10%)
Total Shares Offered7,50,00,000

Data Source: BSE

Let's now examine how different categories of investors participated in placing their bids for the IPO of Bharti Hexacom Limited.

Subscription levels for 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.

CategorySubscription Status
Qualified Institutional Buyers (QIB)0.70x
S (HNI) ₹2 lakhs to ₹10 lakhs0.89x
B (HNI) Above ₹10 lakhs1.43x
Non Institutional Investors (NII)1.25x
Retail Individuals1.05x
EmployeesNA
Overall Subscription0.92x

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.

Share this article: 

Read More Blogs

Our Secure Trading Platforms

Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading

Bajaj Broking App Download

7 Lac+ Users

icon-with-text

4.3 App Rating

icon-with-text

4 Languages

icon-with-text

₹ 3800 Cr MTF Book

icon-with-text