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Telecom operator Bharti Hexacom IPO receives bids worth over $8 billion | IPO News

Telecom operator Bharti Hexacom IPO receives bids worth over $8 billion | IPO News

[ad_1] Bankers expect the momentum to persist amid rapid economic growth and expectations of political stability as the general elections start later this month. Indian telecom operator Bharti Hexacom received bids worth 702.51 billion rupees ($8.43 billion) in its initial public offering, outpacing its offer size of 42.75 billion rupees, exchange data showed on … Read more

Bharti Hexacom sets price band for Rs 4,275 cr IPO at Rs 542-570 per share | IPO News

Business Standard

[ad_1] Bharti Airtel’s arm Bharti Hexacom on Tuesday said it has fixed a price band of Rs 542 to Rs 570 per share for its Rs 4,275-crore initial public offering (IPO). The initial share-sale of the telecom operator’s arm will be open for public subscription during April 3-5, and the bidding for anchor … Read more

Sebi moots audio-visual representation of disclosures made in offer docs | IPO News

Business Standard

[ad_1] As per the regulator, the AV should be published by the issuer/lead manager of the offer within 5 working days both at the stage of submission and resubmission of DRHP. Markets watchdog Sebi on Tuesday proposed introducing audio-visual representation of disclosures made by companies in their offer documents for public issues, a move … Read more

GPT Healthcare IPO receives 8.5 times subscription on final day of bidding | IPO News

Business Standard

[ad_1] The company operates four full-service multi-specialty hospitals, with a total capacity of 561 beds The initial share-sale of GPT Healthcare Ltd, which operates and manages mid-sized multi specialty hospitals under the ILS Hospitals brand, was subscribed 8.52 times on the final day of the offer on Monday. The Initial Public Offering (IPO) … Read more