In a significant development, Bharti Hexacom, a unit of telecom giant Bharti Airtel, has received approval from the Securities and Exchange Board of India (SEBI) to float its Initial Public Offering (IPO)12.

Bharti Hexacom’s IPO Details

The IPO comprises an offer-for-sale (OFS) of 10 crore equity shares by Telecommunications Consultants India, with no fresh issue component1. This means the entire issue proceeds (excluding IPO expenses) will go to the selling shareholder1. The offer represents 20% of the paid-up equity share capital of Bharti Hexacom2.

About Bharti Hexacom

Bharti Hexacom provides telecommunication services in Rajasthan and the Northeast2. Bharti Airtel holds 70% of the equity share capital of the company, and the government through Telecommunication Consultants of India Limited holds 30%2. It is among the top global mobile operators in terms of the number of customers and India’s largest integrated communications solutions provider as of fiscal 20232.


The approval of Bharti Hexacom’s IPO by SEBI marks a significant milestone for the company. As it prepares to make its market debut, investors will be keenly watching this space. The IPO is expected to provide a significant boost to Bharti Hexacom’s growth trajectory and further solidify its position in India’s telecommunications sector12.