Bharti Airtel kicks off process for Bharti Hexacom IPO, eyes Rs 20,000 crore valuation: Report
22 November 2023
Bharti Airtel has reportedly started the process for an initial public offer (IPO) of its subsidiary Bharti Hexacom. Bharti Airtel, which owns a 70% stake in the arm, is likely to list it by early 2024, as per a report by CNBC TV18. The telecom operator is believed to have appointed investment bankers for the IPO and is expecting a valuation of around Rs 20,000 crore.
Bharti Airtel has reportedly started the process for an initial public offer (IPO) of its subsidiary Bharti Hexacom. Bharti Airtel, which owns a 70% stake in the arm, is likely to list it by early 2024, as per a report by CNBC TV18. The telecom operator is believed to have appointed investment bankers for the IPO and is expecting a valuation of around Rs 20,000 crore.
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