BAJAJ BROKING
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.
Share this article:
7th Pay Commission Leave Rules & Holidays in India
11 Dec, 2024 | 5 Min. read
Wipro Ltd
11 Dec, 2024 | 7 Min. read
Aditya Birla Group
11 Dec, 2024 | 10 Min. read
What is the Lock-in Period in IPO
11 Dec, 2024 | 6 Min. read
Textile Sector in India
11 Dec, 2024 | 11 Min. read
Step-by-Step Guide to Accessing Your Income Tax Assessment Order Online
11 Dec, 2024 | 3 Min. read
IPO vs FPO vs OFS: Key Differences in How Companies Raise Capital
11 Dec, 2024 | 8 Min. read
Gold Price in India - Gold Prices Edge Higher as Futures Hit $2,654.50
11 Dec, 2024 | 39 Min. read
Indian Overseas Bank Secures ₹1,359 Crore Income Tax Refund for AY 2015-16
11 Dec, 2024 | 2 Min. read
HG Infra Secures ₹899 Crore NH-227B Road Upgrade Project in UP
11 Dec, 2024 | 2 Min. read
NTPC Green Energy Secures 500 MW Solar Project with 250 MW ESS from SECI
11 Dec, 2024 | 2 Min. read
Awfis Space ₹583 Crore Block Deal Launches at ₹680 Floor Price
11 Dec, 2024 | 2 Min. read
RBI Launches ULI: Transforming Loan Access
August 27, 2024 | 4 Min. read
Textile Sector in India
September 20, 2024 | 5 Min. read
List of IPOs with DRHPs Filed
November 30, 2023 | 3 Min. read
Aditya Birla Group
September 28, 2023 | 10 Min. read
Bajaj Housing Finance Ltd IPO: Things Smart Investors Need to Know
September 05, 2024 | 4 Min. read
Budget Stock Ideas 2024-2025 | Stocks to Buy Today
July 24, 2024 | 4 Min. read
IPO Eligibility Criteria : Full Details
March 15, 2024 | 6 Min. read
What Is the Lock-In Period in IPOs?
October 18, 2023 | 6 Min. read
Godfrey Phillips Announces 2:1 Bonus Shares
September 16, 2024 | 7 Min. read
Jindal Group- A Comprehensive Analysis
September 27, 2024 | 7 Min. read
Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading