Bharti Hexacom Share Price: Bumper listing of Bharti Hexacom IPO has been seen. The company’s shares are listed on NSE at Rs 755 per share and a premium of 32.55 percent. At the same time, the share was listed on BSE at a price of Rs 755.20 per share.
Investors got a profit of Rs 4,810 per lot
The issue price of this IPO was Rs 570 and the lot size was 26 shares. If an investor had bid for this IPO, he would have made a profit of (755 -570 = 185*26) Rs 4,810 per share. Let us tell you, the listing of Bharti Hexacom has been better than expected. Listing of Bharti Hexacom shares in the gray market was expected at a premium of 25 percent.
There was a rise after listing
Bharti Hexacom’s IPO is witnessing tremendous growth after its listing. The company’s stock is trading at Rs 819 per share with a premium of 43 percent as of 10:30 am. The stock touched a high of Rs 824 and a low of Rs 755 in trading so far.
Bharti Hexacom IPO
Bharti Hexacom IPO was open for general investors from April 03 to April 5. This entire IPO was OFS. In this the company has raised about Rs 4,275 crore. Its price band was from Rs 542 to Rs 570. The lot site of this IPO was 26 shares. Bharti Airtel is the promoter of this company and holds about 70 percent shares. Bharti Hexcom was established in 1995. The company provides fixed line telephone and broadband services in Rajasthan and North-East Telecom Circle. Its listing will be on NSE and BSE.
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