Government plans full exit from Bharti Hexacom stake
The Government of India plans to sell its remaining 15% stake in Bharti Hexacom via an Offer for Sale, enhancing the stock's free float. This follows a previous 15% divestment during the IPO in April 2024, indicating a commitment to monetizing non-core assets.
pre-market1 source ↓written by the desknot a recommendation
- in Bharti Hexacom
- 15% stake
- Q4 FY26 revenue
- ₹2,414 crore
- during the IPO
- 15% stake sale
The Government of India aims to offload its remaining 15% stake in Bharti Hexacom through a proposed Offer for Sale (OFS). This move will conclude its involvement with the telecom provider, enhancing the stock's free float and alleviating a long-standing supply overhang.
- Current market price: ~₹1,605 per share
- Market capitalisation: ~₹80,230 crore
- Q4 FY26 revenue: ₹2,414 crore
This divestment follows a successful 15% stake sale during the IPO in April 2024, reflecting the government's strategy to monetize non-core assets.
Not investment advice. For informational purposes only.