Bharti Hexacom's initial public offering received 1.12 times subscription on the second day of bidding on Thursday. This is the first public issue of the financial year 2024-25. The initial share sale of Bharti Hexacom received bids for 4,62,41,546 shares against 4,12,50,000 shares on offer, according to the NSE data. The category for non-institutional investors received 1.71 times subscription, while the portion for Retail Individual Investors (RIIs) got subscribed 1.15 times and the quota for Qualified Institutional Buyers (QIBs) got subscribed 82 per cent. On Tuesday, Bharti Airtel's arm Bharti Hexacom said it has collected about Rs 1,924 crore from anchor investors. The company had fixed a price band of Rs 542-570 per share. The company's Rs 4,275 crore IPO is entirely an offer of sale (OFS) of 7.5 crore equity shares, indicating a 15 per cent stake by Telecommunications Consultants India Ltd, with no fresh issue component. Bharti Hexacom will not receive any proceeds from t Read The Rest at :