We are only conducting Seminars to make Professional Traders. Join Now for Hyderabad and Chennai Seminar. The material published on the blog is of general and educational information only and is not suitable for trading purpose. We do not provide Stock Tips. Please do not make any payment on website. All Material is available Free on the site.

Bharti Infratel Ltd IPO

Bharti Infratel LogoBharti Infratel Ltd. (BIL) was incorporated in 2006 as a subsidiary of Bharti Airtel, a global telecom company. Bharti Infratel is a provider of tower and related infrastructure and on a consolidated basis, it is one of the largest tower infrastructure providers in India, based on the number of towers that Bharti Infratel owns and operates and the number of towers owned or operated by Indus, that are represented by Bharti Infratel's 42% equity interest in Indus. The  business of Bharti Infratel and Indus is to acquire, build, own and operate tower and related infrastructure. Bharti Infratel and Indus currently provide access to their towers primarily to wireless telecommunications service providers on a shared basis, under long-term contracts and we believe that there exists the possibility of providing additional services such as signal transmission and first level maintenance services in relation to customer equipment at towers. Bharti Infratel's and Indus' three largest customers are Bharti Airtel (together with Bharti Hexacom), Vodafone India and Idea Cellular, which are the three leading wireless telecommunications service providers in India by wireless revenue

Bharti Infratel has a  nationwide presence with operations in all 22 telecommunications Circles in India, with Bharti  Infratel's and Indus' operations overlapping in four telecommunications Circles. As of September 30, 2012, Bharti Infratel owned and operated 34,220 towers in 11 telecommunications Circles while Indus operated 1,10,651 towers in 15 telecommunications Circles. With Bharti Infratel's towers and Bharti Infratel's 42% interest in Indus, it has an economic interest in the equivalent of 80,656 towers in India as of September 30, 2012.

Issue opens on    : Tuesday, December 11, 2012

Issue closes on  :   Friday, December 14, 2012

Price band    :        Rs 210 - 240 (Discount of Rs.10/- to Retail Individuals)

Bid Lot size    :       50 Equity Shares and in multiples thereof

IPO Grading    :     “IPO Grade 4/5” by CRISIL

Issue size    :          Public offer of 188,900,000 equity shares of Rs.10 each

Most Visited Stocks - Click to Visit Link

 
We Teach and Train our Readers as we want to make sure that Readers become thorough professionals. We do not provide any stock tips. Please do not make any payments. Your joining or reading content is subject to acceptance of our terms and Disclaimer for which link is given on the site at bottom right hand corner. Wherever the word tip is written; it implies an idea which is of informational value and is not suitable for trading. Trade ideas if any are for educational purpose only. We are conducting Seminars to make Professional Traders. Join Now for Bangalore, Chennai and Hyderabad. Leave query through contact form.
Chart> Nifty A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 0-9