Today, April 8, the Bharti Hexacom IPO share allotment will be finalized. Investors who applied for the Bharti Hexacom IPO can check the allotment status on the registrar’s portal, Kfin Technologies Ltd. The IPO, a subsidiary of Bharti Airtel, opened for subscription from April 3 to April 5, witnessing strong demand from both retail and non-institutional investors.
During the subscription period, the Bharti Hexacom IPO received a subscription status of 29.88 times overall. On the final day, the retail component saw 2.83 subscriptions, while the Qualified Institutional Buyers (QIBs) quota had 48.57 subscriptions, and the non-institutional investors category recorded 10.52 subscriptions.
The basis of allotment allows investors to ascertain the number of shares allocated to them, which will also be displayed in the IPO allotment status. Shares will be credited to the demat accounts of allotted individuals, while the refund process for unallocated applicants will commence on April 10.
The listing date for the Bharti Hexacom IPO is set for Friday, April 12.
Investors who applied for the Bharti Hexacom IPO can check the allotment status online on the website of the IPO registrar, Kfin Technologies Ltd.
To check the allotment status, follow these steps:
- Visit the provided link: https://ris.kfintech.com/ipostatus/
- Select Bharti Hexacom IPO from the drop-down menu in the “Select IPO” section.
- Choose either PAN, Demat Account, or Application No. to check the status.
- Enter the required details and captcha code, then click “Submit.”
Additionally, investors can check the allotment status on the BSE or NSE websites using their application number or PAN.
As of today, the Bharti Hexacom IPO Grey Market Premium (GMP) stands at +82, indicating a premium of ₹82 in the grey market. This suggests a potential listing price of ₹652, around 14.39% higher than the IPO price of ₹570. Grey market activity indicates optimism for a strong listing, with GMP ranging from ₹30 to ₹83 over the previous 17 sessions.
