Bharti Hexacom Gears Up for IPO: Subscription Opens April 3rd

  • Airtel Subsidiary Goes Public: Bharti Airtel's arm, Bharti Hexacom, announces its initial public offering (IPO).
  • Price Set: The company has set a price band of ₹542 to ₹570 per share for the IPO.
  • Target Raised: The telecom operator aims to raise ₹4,275 crore through the share sale.
  • Subscription Window: Investors can subscribe to the issue between April 3rd and April 5th, 2024.
  • Offer for Sale (OFS): The entire IPO will be an OFS, with Telecommunications Consultants of India selling 7.5 crore shares.

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