Bharti Hexacom IPO GMP History
Bharti Hexacom IPO has been listed on April 12, 2024 at a listing price of ₹755, against the issue price of ₹570 — a gain of ₹185 (+32.46%). The GMP peaked at ₹93 on 11 April 2024 and reached a low of ₹30 on 27 March 2024. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Bharti Hexacom IPO raised ₹4275 Cr. through its IPO at a price band of ₹542 to ₹570 per share, with a lot size of 26 shares. The IPO was open for subscription from 03 Apr 2024 to 05 Apr 2024.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 10 Nov, 6:38 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 11 Apr 2024 | ₹ 93 | ▲ | 16% | — | — |
| 10 Apr 2024 | ₹ 92 | ▲ | 16% | — | — |
| 09 Apr 2024 | ₹ 85 | ▲ | 15% | — | — |
| 08 Apr 2024 | ₹ 75 | ▲ | 13% | — | — |
| 06 Apr 2024 | ₹ 65 | ▲ | 11% | — | — |
| 05 Apr 2024 | ₹ 55 | ▲ | 10% | — | — |
| 04 Apr 2024 | ₹ 50 | ▲ | 9% | — | — |
| 03 Apr 2024 | ₹ 43 | ▲ | 8% | — | — |
| 02 Apr 2024 | ₹ 40 | ▲ | 7% | — | — |
| 01 Apr 2024 | ₹ 37 | ▼ | 6% | — | — |
| 30 Mar 2024 | ₹ 40 | ▼ | 7% | — | — |
| 29 Mar 2024 | ₹ 42 | ▲ | 7% | — | — |
| 28 Mar 2024 | ₹ 40 | ▲ | 7% | — | — |
| 27 Mar 2024 | ₹ 30 | ▼ | 5% | — | — |
| 26 Mar 2024 | ₹ 50 | — | 9% | — | — |
Bharti Hexacom IPO dates
Key dates from opening to listing. Today is 11 November.
- Open 03 Apr 2024
- Close 05 Apr 2024
- Allotment 08 Apr 2024
- Refund/credit 10 Apr 2024
- Listing 12 Apr 2024
Bharti Hexacom IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹570 |
|---|---|
| GMP-based estimate (pre-listing) | ₹663 (+16.3%) |
| Listing gain / loss | +₹185 per share |
| Listing date | 12 Apr, 2024 |
| Actual listing price | ₹755 (+32.46%) |
Is Bharti Hexacom IPO GMP reliable?
Grey market premium for Bharti Hexacom IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Bharti Hexacom IPO full review for a fundamentals-based assessment before making any grey market trades.
Bharti Hexacom IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Bharti Hexacom IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Bharti Hexacom IPO
Bharti Hexacom Limited was incorporated on 20 April 1995. It is a communications solutions provider offering consumer mobile services, fixed-line telephone and broadband services under the Airtel brand.
It serves the Rajasthan circle and the North East circle, which covers Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland and Tripura. As per CRISIL, its revenue market share in the nine months to 31 December 2023 was 40.4% in Rajasthan and 52.7% in the North East.
Its promoter is Bharti Airtel Limited, which held 70.00% before the issue.
The IPO was Rs 4,275 crore and was entirely an offer for sale by Telecommunications Consultants India Limited, so the company received none of the money.
Frequently asked
What is the GMP of Bharti Hexacom IPO?
The current Grey Market Premium (GMP) of Bharti Hexacom IPO is ₹ 93.
What is the Kostak Price of Bharti Hexacom IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Bharti Hexacom IPO is not available.
What is the Subject to Sauda Price of Bharti Hexacom IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Bharti Hexacom IPO?
Bharti Hexacom IPO listed on April 12, 2024 at ₹755, against the issue price of ₹570 — a gain of +32.46%.
How did the GMP of Bharti Hexacom IPO trend before listing?
The GMP of Bharti Hexacom IPO was rising in its final days before listing. The GMP peaked at ₹93 on 11 April 2024. View the day-wise table above for the complete GMP history.
Explore Bharti Hexacom IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
