Initial Public Offering (IPO) of Bharti Infratel Limited : Listing on 28th Dec 2012

by khalid on 27/12/2012 · 1 comment

Bharti Infratel Initial Public Offering

Bharti Infratel Limited has informed the share market (BSE/NSE) that the shares of its recent Initial Public Offering (IPO) will list on 28th Dec 2012. Initial Public Offering (IPO) was open on 11th Dec 2012 and the shares were available for subscription up to 14th Dec 2012. The issue was oversubscribed by 1.30 times (0.19 times in retail) on closing day. The company has fixed its IPO price at Rs 220 per share. The company had entered into primary market with an Initial Public Offering (IPO) of Rs 4,155.80 Crore.

Initial Public Offering (IPO) of Bharti Infratel Limited : Listing Detail :-

Listing Date: 28th Dec 2012
BSE Scrip Code : 534816
ISIN : INE121J01017
Issue Price : Rs 220.00 Per Equity Share
Face Value : Rs. 10.00 Per Equity Share

The equity shares offered through the Initial Public Offering (IPO) are proposed to be listed on National Stock Exchange (NSE) and Bombay Stock Exchange (BSE).

Registrar of the Issue : Karvy Computershare Private Limited, Hyderabad.

Stay tuned to BellTheBull for more on Initial Public Offering (IPO) of Bharti Infratel Limited !

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Amit Agarwal January 7, 2013

The IPO didin’t performed as expected but Bharti Infratel has strong and stable business model which makes it a good long terms bet. However until the regulatory uncertainties are over both Bharti Airtel and Bharti Infratel will languish in 10 -20 percent range.


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