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BHARTI HEXCOM

Bharti Hexacom: A Leading Telecom Provider in Rajasthan and North East India.

Bharti Hexacom offers a variety of communication solutions, including mobile services, fixed-line phones, and broadband internet. They operate in Rajasthan and the North Eastern states of Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland, and Tripura. Their services are delivered under the trusted Airtel brand.

By December 31, 2023, Bharti Hexacom had invested heavily (206 billion INR) in building a modern and reliable digital infrastructure. Their network relies on a mix of owned and leased towers, with a total of 24,874. As of the same date, they employed 422 full-time staff.

Bharti Hexacom boasts a significant customer base, reaching 27.1 million across both regions by December 31, 2023. They have a growing market share, increasing from 33.1% to 35.0% in Rajasthan and 43.6% to 49.8% in the North East, between March 31, 2021 and December 31, 2023. To serve their customers, they have established a network of physical stores (51 retail outlets and 24 smaller stores) covering 90 cities. Additionally, they leverage a vast distribution network with 616 distributors and 89,454 retail touchpoints.

Bharti Hexcom IPO Details

Signature Global IPO Details
Bharti Hexacom IPO Dates
3 – 5 April 2024
Bharti Hexacom Issue Price
INR 542 – 570 per share
Fresh issue
NIL
Offer For Sale
75,000,000 shares (INR 4,065 – 4,275 crores)
Total IPO Size
75,000,000 shares (INR 4,065 – 4,275 crore)
Minimum bid (size)
26 Shares (INR 14,820)
Face Value
INR 5 per share
Retail Allocation
10%
Listing On
BSE, NSE

Bharti Hexcom Financial Performance

Signature Global Financial Performance

FY21

FY22

FY23

9M FY 2024

Revenue

4,602.3

5,405.2

6,579.0

5,220.8

Expenses

3,549.9

3,591.2

3,793.3

2,737.4

Net income

(1,033.9)

1,674.6

549.2

281.8

Margin (%)

(22.46)

30.98

8.35

5.40

Figures in INR Crore unless specified otherwise

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