Bharti Hexacom IPO

New Delhi, April 05, 2024.

The public issue of Bharti Hexacom continued to get a solid response on April 5, the final day of bidding, as investors picked up 123.24 crore shares. This amounts to 29.88 times the issue of 4.12 crore shares that were up for grabs.

Qualified institutional buyers (QIBs) took the lead, buying 48.57 times the allotted quota. Non institutional investors or NIIs were second in line subscribing 10.52 times the portion set aside for them, followed by retail investors who picked 2.83 times the allotted quota.