Bharti Airtel Limited Right Issue

₹20,987.39 Cr 5 Oct 2021 – 21 Oct 2021

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Issue Price
₹535.00
Face Value
₹5.00
Issue Size (Shares)
392,287,662
Issue Size (₹ Cr.)
₹20,987.39
📅 Right Issue Timetable
Last Date to Buy Shares
Record DateTue, Sep 28, 2021
Credit of Rights EntitlementsMon, Oct 4, 2021
Bid/Offer Opens OnTue, Oct 5, 2021
Issue Open DateTue, Oct 5, 2021
Renunciation Last DateThu, Oct 14, 2021
Bid/Offer Closes OnThu, Oct 21, 2021
Issue Close DateThu, Oct 21, 2021
Deemed Date of AllotmentThu, Oct 28, 2021
Credit DateFri, Oct 29, 2021
Listing DateMon, Nov 1, 2021
📋 Right Issue Details
Issue Size (Shares)392,287,662
Issue Size (Amount)₹20,987.39 Cr.
Issue Price₹535.00 per share
Face Value₹5.00 per share
Entitlement Ratio
Listing At
Terms of PaymentOn application, the investors will have to pay ₹ 133.75 per rights equity share which constitutes 25% of the issue price. The balance ₹ 401.25 per rights equity share which constitutes 75% of the issue price, will have to be paid on two more additional calls as may be decided by the board/ committee of the board from time to time.
📊 Company Financials (Restated)
Period Ended2021-03-312020-03-31FY I
Income1,012,586.00862,122.00
EBITDA
Net Worth
Reserves & Surplus

Amount in ₹ Crore

🎯 Objects of the Issue
#ObjectEst. Amount (₹ Cr.)
1Pre-payment or repayment, repurchase of all or a portion of certain borrowings (including interest thereon) and other liabilities availed, as applicable, by the company and it's subsidiaries, including deferred payment term liabilities to DoT
2. General corporate purposes.
🏢 About the Company
Incorporated in 1995, Airtel is the world's second-largest provider of telecommunications services, based on total mobile connections on the sum of consolidated subsidiaries. The company approximately has 474 million customers globally and is present in 18 countries across Asia and Africa.

The company's retail portfolio includes high-speed 4G/4.5G mobile broadband, Airtel Xstream Fiber, streaming services, digital payments, and financial services. The company offers a wide range of solutions that includes secure connectivity, cloud and data center services, cyber security, Internet of Things, and cloud-based communication for enterprise customers. These services are covered under the company's brand - "Airtel". Another brand of the company - "Airtel Money", includes financial inclusion products and offers the convenience of payments and money transfers. The brand renders services across all 14 countries in Africa.

As of June 30, 2021, the company operates a global fiber network covering over 365,000 km, and 332,542 km of optical fiber covering in India. The company is further investing in building data capabilities to attract new customers and had increased its mobile base stations from approximately 503,883 in FY' 2020 to 606,783 at the end of FY' 2021.
📞 Company Contact
CompanyBharti Airtel Limited
AddressAirtel Center, Plot No. 16,
Udyog Vihar, Phase-IV,
Gurugram, Haryana, 122 015, India
Indi, Karnataka, 122015
Phone+91 12 4422 2222
Emailcompliance.officer@bharti.in
WebsiteVisit ↗
📝 Registrar
NameKfin Technologies Ltd
Phone040-79615565
Emailbhartiairtel.rights@kfintech.com
WebsiteVisit ↗