Company | Communications Solutions Provider |
Founded | April 1995 |
Services | Mobile, Fixed Line & Broadband |
Brand | Airtel |
Regions | Rajasthan & North Eastern India (Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland, Tripura) |
Website |
Bharti Hexacom IPO Details are as follows:
Field | Details |
IPO Issue Opening Date | 3rd Apr 2024 |
IPO Issue Closing Date | 5th Apr 2024 |
IPO Issue Price | ₹542.00-570.00 Per Share |
IPO Listing At | BSE, NSE |
Retail Quota | 10% of the whole issue |
IPO Issue Type | Book Build Issue |
IPO Issue Size | ₹4275.00 Cr |
Offer for Sale | ₹4275.00 Cr |
Face Value | ₹5 Per Equity Share |
Important dates:
Event | Date |
Issue Open Date | April 3, 2024 |
Issue Closing Date | April 5, 2024 |
Allotment of Shares | Expected April 8, 2024 |
Initiation of Refunds | Expected April 10, 2024 |
Credit of Shares to Demat Account | Expected April 10, 2024 |
Tentative Listing Date | April 12, 2024 |
Minimum Investment | Lot Size (Shares) | Cost per Lot (approx.) |
₹14,820 | 26 | ₹14,820 - ₹15,330 (price band: ₹542 - ₹570) |
Bharti Hexacom Limited
Company | Communications Solutions Provider |
Founded | April 1995 |
Services | Mobile, Fixed Line & Broadband |
Brand | Airtel |
Regions | Rajasthan & North Eastern India (Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland, Tripura) |
Website |
Business Strategy
Attract & retain high-value customers
Enhance customer experience through omnichannel approach & data science
Offer differentiated plans (Airtel Black Proposition)
Improve profitability through cost optimization
Maintain a healthy financial structure
Distribution Network (as of Sep 30, 2023)
Retail Stores: 18 (Large) + 8 (Small) - Reaching 88 Cities (past 6 months)
Dealers: 617
Retail Locations: 88,586
IPO Objective
Sell 750 million shares by the existing shareholder
Gain benefits of being listed on stock exchanges (BSE & NSE)
Financial Information of Bharti Hexacom Limited IPO
Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
Assets | 19,603.00 | 18,252.90 | 16,674.30 | 15,003.50 |
Revenue | 5,420.80 | 6,719.20 | 5,494.00 | 4,704.30 |
Profit After Tax (PAT) | 281.80 | 549.20 | 1,674.60 | -1,033.90 |
Net Worth | 3,978.80 | 3,972.20 | 3,573.20 | 1,898.70 |
Reserves and Surplus | 4,166.10 | 3,959.50 | 3,410.50 | 1,736.00 |
Total Borrowing | 6,253.00 | 6,269.30 | 7,198.30 | 5,975.20 |
The provided table contains financial information for Bharti Hexacom Limited for the period ending March 31, 2023, compared to the previous two fiscal years. Let's break down the key items:
Assets: These represent the company's total resources, including cash, inventory, property, and equipment. In this case, Bharti Hexacom's assets increased from ₹16,674.30 Crore as of March 31, 2022, to ₹18,252.90 Crore as of March 31, 2023.
Revenue: This reflects the income generated from the company's core business activities. Bharti Hexacom's revenue increased by 22.3% year-over-year, from ₹5,494.00 Crore to ₹6,719.20 Crore.
Profit After Tax (PAT): This is the net profit remaining after accounting for all expenses and taxes. Although revenue grew, Bharti Hexacom's PAT significantly decreased by 67.2% year-over-year, from ₹1,674.60 Crore to ₹549.20 Crore. This suggests that the company's profitability has declined despite the increase in revenue.
Net Worth: This represents the shareholders' equity, calculated as the difference between total assets and total liabilities. Bharti Hexacom's net worth remained relatively stable at ₹3,972.20 Crore as of March 31, 2023.
Total Borrowing: This indicates the company's total outstanding debt. Bharti Hexacom's total borrowing slightly decreased from ₹7,198.30 Crore to ₹6,269.30 Crore.
Key Observation:
While Bharti Hexacom's revenue growth is positive, the significant decline in PAT raises a concern. This could be due to several factors, such as rising operational costs, increased competition, or non-recurring expenses. Investors should delve deeper into the financial statements to understand the reasons behind the drop in profitability.
Limitations:
It's important to note that this analysis is based on a limited set of financial data for three years. A more comprehensive understanding of the company's financial health would require analyzing additional financial ratios and trends over a longer period.
Do your analysis before investing into the Bharti Hexacom Limited IPO.
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