Bharti Hexacom IPO GMP Price
Bharti Hexacom's IPO Grey Market Premium (GMP) trends, with the latest update at ₹64, suggest a potential listing price of ₹634 and track the GMP's upward trajectory and anticipate listing price fluctuations, ranging from ₹30 to ₹65.
by Alaguvelan M
Updated Apr 04, 2024
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Bharti Hexacom IPO GMP Price
The latest update on the Bharti Hexacom IPO Grey Market Premium (GMP) price is ₹64 on April 4, 2024, at 8:29 AM. If we combine this with the price band of ₹570.00, Bharti Hexacom IPO estimates the listing price to be around ₹634. This suggested a percentage gain or loss of about 11.23% per share.
In the last 13 sessions, the GMP has been moving up, indicating a strong expectation for the IPO’s listing. The GMP has fluctuated lowest GMP is ₹30 and the highest GMP is ₹65. Stay tuned for daily updates on the Bharti Hexacom IPO GMP, and keep track of its listing price expectations.
Bharti Hexacom Past Week IPO GMP Trend
|
GMP Date |
IPO Price |
GMP |
Estimated Listing Price |
|
04-04-2024 |
570.00 |
₹64 - GMP No Change |
₹634 (11.23%) |
|
03-04-2024 |
570.00 |
₹64 - GMP Up |
₹634 (11.23%) |
|
02-04-2024 |
570.00 |
₹52 - GMP Up |
₹622 (9.12%) |
|
01-04-2024 |
570.00 |
₹39 - GMP Up |
₹609 (6.84%) |
Bharti Hexacom Limited IPO Detail
The Bharti Hexacom Limited IPO is all set to hit the market with an offer for sale of 7.5 crore shares, making it worth Rs 4,275.00 crores. Starting from April 3, 2024, investors can subscribe to the IPO until April 5, 2024, with allotment expected by April 8, 2024.
The company plans to list on both BSE and NSE by April 12, 2024. Investors can participate in the IPO within a price band of ₹542 to ₹570 per share, with a minimum lot size of 26 shares.
Retail investors can start with an investment of ₹14,820, while Non-Institutional Investors (sNII) and Qualified Institutional Buyers (bNII) have their lot size requirements, making this IPO accessible to various types of investors.
Bharti Hexacom IPO Timeline
The Bharti Hexacom begins on April 3, 2024, and ends on April 5, 2024.
|
Event |
Date |
|
IPO Open Date |
Wednesday, April 3, 2024 |
|
Cut-off time for UPI mandate confirmation |
5 PM on April 5, 2024 |
|
IPO Close Date |
Friday, April 5, 2024 |
|
Basis of Allotment |
Monday, April 8, 2024 |
|
Initiation of Refunds |
Wednesday, April 10, 2024 |
|
Credit of Shares to Demat |
Wednesday, April 10, 2024 |
|
Listing Date |
Friday, April 12, 2024 |
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Bharti Hexacom IPO GMP Price - FAQs
1. What is the latest Grey Market Premium (GMP) for the Bharti Hexacom IPO?
The latest GMP is ₹64 as of April 4, 2024, indicating strong interest in the IPO.
2. How does the GMP influence the estimated listing price of the Bharti Hexacom IPO?
Combining the GMP with the price band of ₹570.00, the estimated listing price is around ₹634.
3. What percentage gain or loss does the estimated listing price suggest per share?
The estimated listing price implies a potential gain or loss of about 11.23% per share.
4. What trend has been observed in the GMP over the last 13 sessions?
The GMP has been consistently increasing, reflecting positive sentiment and anticipation for the IPO's listing.
5. What is the range of fluctuations seen in the GMP during the last 13 sessions?
The GMP has fluctuated between ₹30 and ₹65, showcasing variability in market expectations.
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