Bharti Hexacom IPO allotment – How to check allotment, GMP, listing date and more

• Bharti Hexacom is expected to announce its share allotment status on Monday, April 8.
• The shares of Bharti Hexacom were subscribed 29.88 times.
• The shares are expected to be listed on the stock exchanges on April 12.

New Delhi-based Bharti Hexacom, which provides fixed-line telephone and broadband services to customers is expected to announce the allotment status of its initial public offering (IPO) on Monday, March 8.

The Bharti Hexacom IPO opened on April 3 and closed on April 5. The price band for the IPO was ₹542 to ₹570 per share.

Robust subscription

On its last day, the Bharti Hexacom IPO was subscribed 29.88 times, receiving bids for 123.25 crore equity shares against 4.13 crore shares on offer.

While the qualified institutional buyer (QIB) portion was subscribed 48.57 times, the non-institutional investors portion was subscribed 10.52 times. The retail portion witnessed decent participation and was subscribed 2.83 times.

Grey market premium

The shares of Bharti Hexacom are currently commanding a grey market premium (GMP) of ₹80 per share. GMP is the premium at which IPO shares are traded in an unofficial market before they are listed on the stock exchanges.

Here’s how to check the IPO’s allotment status

You can check the allotment status on the registrar’s website.

• To check the Bharti Hexacom IPO allotment status, visit the registrar’s website here.
  
• Click on ‘Company Selection’ and then select ‘Bharti Hexacom’.
  
• Now, enter your PAN, application number, DP / Client ID or Account number / IFSC.
  
• Click on ‘Search’.
  

You will be able to see your application status. It will display the number of shares that you have applied for and the number of shares that have been allotted to you.

You can also check the Bharti Hexacom IPO allotment status on the BSE and NSE websites.

To check the allotment status on BSE or NSE website:

• Go to the BSE website.
  
• On the website, click on 'Equity' and then select ‘Bharti Hexacom’ from the dropdown menu.
  
• Now, enter your application number and PAN.
  
• Click on 'Search'.
  
• You will be able to see the number of shares allotted to you.
  
• You can click here and log in to check your allotment status on NSE.
  

Bharti Hexacom listing date

The shares of Bharti Hexacom will be listed on the stock exchanges on April 12.

Disclaimer: The content on this website is for informational purposes only and should not be construed as investment advice. We recommend that readers consult certified, qualified, registered advisors for professional and personalised financial advice.

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