Bharti Infratel IPO price band set at Rs 210-240/share

The company has priced the issue between Rs 210 to Rs 240 per share and is expected to raise between Rs 4000 crore to Rs 4700 crore, The issue opens on December 11 and closes on December 14.
  • Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
GeStepAhead GrowMyMoney SME Special
moneycontrol.com

Home » News » IPO » IPO - Upcoming Issues

Nov 30, 2012, 04.10 PM | Source: Moneycontrol.com

Bharti Infratel IPO price band set at Rs 210-240/share

The company has priced the issue between Rs 210 to Rs 240 per share and is expected to raise between Rs 4000 crore to Rs 4700 crore, The issue opens on December 11 and closes on December 14.

Like this story, share it with millions of investors on M3

Bharti Infratel IPO price band set at Rs 210-240/share

The company has priced the issue between Rs 210 to Rs 240 per share and is expected to raise between Rs 4000 crore to Rs 4700 crore, The issue opens on December 11 and closes on December 14.

Post Your Comments

Share Cancel

Bharti Infratel, tower unit of Bharti Airtel will begin its road show for its initial public offer (IPO) today after getting market regulator Sebi's consent.

The company has priced the issue between Rs 210 to Rs 240 per share and is expected to raise between Rs 4000 crore to Rs 4700 crore, The issue opens on December 11 and closes on December 14.

Bharti Infratel is coming with an issue size of 18.89 crore shares comprising of fresh issue of14.62 crore shares and 4.2 crore shares from existing investor shareholders.

SC tells CBI to prosecute telcos in excess spectrum case

The proposed IPO will be one of the biggest after the state-run Coal India raised Rs 15,475 crore in October 2010.

Bharti Infratel has over 34,000 towers across 18 states covering 11 telecom circles and also holds 42 per cent stake in Indus Towers which has around 1,10,000 towers.

Bharti Infratel will be the first IPO from the telecom tower sector.

Ads by Google

Buy, Hold, Sell ? Hear it first on M3
Bharti Infratel IPO price band set at Rs 210-240/share

See all

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login