In FY23, the company reported a revenue of ₹407.32 Crore, up from ₹296.40 Crore in the previous year. The oil and gas segment contributed 77% of the revenue. Net profit for the fiscal year stood at ₹46.36 Crore, compared to ₹35.98 Crore the previous year. As of the nine months ended December 31, 2023, the total debt of the company stood at ₹56.73 Crore.
Read MoreIn FY23, the company reported a revenue of ₹407.32 Crore, up from ₹296.40 Crore in the previous year. The oil and gas segment contributed 77% of the revenue. Net profit for the fiscal year stood at ₹46.36 Crore, compared to ₹35.98 Crore the previous year. As of the nine months ended December 31, 2023, the total debt of the company stood at ₹56.73 Crore.
Bharti Hexacom, a subsidiary of Bharti Airtel, primarily offers fixed-line telephone and broadband services in Rajasthan and the North East region
Headquartered in Ahmedabad, the company specializes in processing semi-finished fabrics into finished fabrics and manufacturing home furnishing products.
The current IPO blueprint comprises a new equity offering amounting to ₹1,000 Crore alongside a ₹4,000 Crore offer for sale. Within the offer for sale (OFS), the promoter BCP Topco VII Pte is set to divest its stake.
Bharti Hexacom is renowned for providing consumer mobile services, fixed-line telephone, and broadband services under the trusted Airtel brand to customers
10.37 times as many people subscribed to the non-institutional investor category as to the retail individual investor (RII) segment, which received 2.54 times as many subscribers. 46.57 subscriptions were obtained by the QIB category.
The IPO, ending today on April 5, comprises solely of an offer-for-sale (OFS) without any fresh equity issuance.
According to BSE data, at the end of day 2, QIB portion was subscribed 0.82 times. NII portion was subscribed 1.71 time and the retail category was subscribed 1.15 times.
Advanta Ent is owned 86.7% by UPL and 13.3% by private equity company KKR. In September 2023, KKR paid $300 million to purchase the shareholding.
The IPO comprises only an offer-for-sale (OFS), with Telecommunications Consultants India, the sole public shareholder, divesting 7.5 Crore equity shares, equivalent to a 15% stake.
Anish Shah, CEO & MD of Mahindra Group, highlighted the project's role in addressing climate change and promoting green operations.
Retail sales in the United States increased by 0.7% last month, contrary to the 0.3% increase that Reuters's panel of economists had predicted.
Spot gold was up 0.1% at $2,383.37 an ounce. On Friday, the price of gold reached a record high of 2,431.29.
June delivery Brent futures had increased by 46 cents, or 0.5%, to $90.56 per barrel. May delivery of U.S. oil futures saw a 0.5% increase, or 43 cents, to $85.84 a barrel.
Anish Shah, CEO & MD of Mahindra Group, highlighted the project's role in addressing climate change and promoting green operations.
Retail sales in the United States increased by 0.7% last month, contrary to the 0.3% increase that Reuters's panel of economists had predicted.
Spot gold was up 0.1% at $2,383.37 an ounce. On Friday, the price of gold reached a record high of 2,431.29.
June delivery Brent futures had increased by 46 cents, or 0.5%, to $90.56 per barrel. May delivery of U.S. oil futures saw a 0.5% increase, or 43 cents, to $85.84 a barrel.
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