
1 year ago
Airtel arm Bharti Hexacom IPO possible in April, gets Sebi nod: Top things you need to know about the issue
Hindustan TimesBharti Hexacom, which is owned by telecom major Bharti Airtel, could likely bring its IPO in April first week, seeking valuation of over ₹28,000 crore, CNBC-TV18 reported. The IPO size could be around ₹4,300 crore, the report added after Bharti Hexacom received approval from the Securities and Exchange Board of India to go ahead with its IPO plans. Bharti Hexacom IPO: The IPO is entirely an offer for sale of up to 10 crore shares by the only public shareholder Telecommunications Consultants India. Bharti Hexacom IPO: What we know The IPO is entirely an offer for sale of up to 10 crore shares by the only public shareholder Telecommunications Consultants India and Bharti Hexacom will not receive any proceeds, it was reported.
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