Bharti Hexacom IPO allotment to be finalised today; latest GMP, step-by-step guide to check status

  • Bharti Hexacom IPO allotment status can be checked online today. Investors who applied for Bharti Hexacom IPO can check the allotment status on Kfin Technologies Ltd website. Grey market premium is +82, suggesting a listing price of 652, 14.39% above the IPO price.

Dhanya Nagasundaram
Published8 Apr 2024, 08:55 AM IST
Bharti Hexacom IPO share allotment will be finalised today (Monday, April 8). Photo: Mint<br />
Bharti Hexacom IPO share allotment will be finalised today (Monday, April 8). Photo: Mint

Bharti Hexacom IPO allotment date and time: The Bharti Hexacom IPO share allotment will be finalised today (Monday, April 8). Investors who applied for the Bharti Hexacom IPO can check the Bharti Hexacom IPO allotment status in the registrar's portal, which is Kfin Technologies Ltd. Bharti Airtel subsidiary company opened for subscription on Wednesday, April 3 and ended on Friday, April 5. By the end of the third day, there was a strong level of demand for the issue from both retail and non-institutional investors (NIIs).

According to BSE data, on the third day, Bharti Hexacom IPO subscription status was 29.88 times. On the last day, there were 2.83 subscriptions for the retail component, 48.57 subscriptions for the Qualified Institutional Buyers (QIBs) quota, and 10.52 subscriptions for the non-institutional investors category.

Also Read: Bharti Hexacom IPO: What GMP, subscription status signal as focus shifts to allotment and listing date

"Exciting news! Mint is now on WhatsApp Channels 🚀 Subscribe today by clicking the link and stay updated with the latest financial insights!" Click here!

The basis of allotment enables investors to figure out if and how many shares they have been allocated. The number of allotted shares is also displayed in the IPO allotment status. The company will initiate the refund process for those applicants who did not obtain shares. The shares of individuals that are allocated will be received in their demat accounts.

For those who weren't granted shares, the refund procedure will begin on Wednesday, April 10. On the same day, those who have been allocated will get their shares in their demat accounts.

Bharti Hexacom IPO listing date is scheduled for Friday, April 12.

Bharti Hexacom IPO details.

If you have applied for the Bharti Hexacom IPO, you can do a Bharti Hexacom IPO allotment status check online on the website of the IPO registrar, Kfin Technologies Ltd today.

Also Read: Bharti Hexacom IPO booked 29.88 times on the last day of bidding process led by QIBs, NIIs. Check latest GMP

Here's Bharti Hexacom IPO allotment link - https://ris.kfintech.com/ipostatus/

Step 1:

You will notice five links where you may view the status when you click the aforementioned link.

Step 2:

Choose Bharti Hexacom IPO from the drop-down menu in the "Select IPO" section after opening one of the five URLs that are provided.

Step 3:

To check the status, select either the PAN, the Demat Account, or the Application No.

Step 4:

- Enter the application number first, followed by the captcha code, if you choose that option. Tap "Submit."

- If you chose Demat Account, enter your account details together with the captcha code. Hit "Submit."

- Enter the captcha code and PAN number to access the third option, PAN. Press "Submit."

Also Read: Bharti Hexacom IPO receives lukewarm response on Day 1, issue booked 34%; check latest GMP

How to check Bharti Hexacom IPO allotment status on BSE

Step 1

Visit the BSE official website's allotment page- https://www.bseindia.com/investors/appli_check.aspx

Step 2

Choose 'Equity' under 'Issue Type'.

Step 3

Select 'Issue Name' (the drop-down menu) and select the IPO.

Step 4

Put in your application number or PAN.

Also Read: Bharti Hexacom IPO Day 3: Should you apply or not? Check GMP, key dates, subscription status, more.

How to check Bharti Hexacom IPO allotment status on NSE

Step 1

Visit NSE's official website- https://www1.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp

Step 2

One has to register with PAN by clicking the 'Click here to sign up' option on the NSE website.

Step 3

Put in your password, user name, and captcha code.

Step 4

On the next page that opens, check the status of your IPO allocation.

Also Read: Bharti Hexacom IPO Day 3: GMP, subscription status to review. Should you apply to IPO of ‘Airtel’ brand owner company?

Bharti Hexacom IPO GMP today

Bharti Hexacom IPO GMP or grey market premium is +82. This indicates Bharti Hexacom share price were trading at a premium of 82 in the grey market, according to investorgain.com.

With the upper end of the IPO pricing range and the existing premium on the gray market taken into consideration, Bharti Hexacom's shares were predicted to list at a price of 652, or 14.39% more than the IPO price of 570.

Grey market activity over the previous 17 sessions indicates that the IPO GMP is now going upward and a robust listing is anticipated. 30 is the lowest GMP and 83 is the most.

'Grey market premium' indicates investors' readiness to pay more than the issue price.

Disclaimer: The views and recommendations above are those of individual analysts, experts and broking companies, not of Mint. We advise investors to check with certified experts before making any investment decisions.

 

Catch all the Business News , Market News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

Business NewsMarketsIPOBharti Hexacom IPO allotment to be finalised today; latest GMP, step-by-step guide to check status
MoreLess