MoneyWorks4Me

Bharti Airtel’s arm sets IPO price at 80-100 pence

18 Jun 2019 Evaluate

Bharti Airtel’s subsidiary -- Airtel Africa has fixed the price range of its IPO on the London Stock Exchange at 80-100 pence per ordinary share, through which the company expects to raise $750 million (approximately Rs 5,236 crore). The final pricing is expected to be announced on or around June 28, 2019, on the London Stock Exchange.

Bharti Airtel is a leading integrated telecommunications company with operations across Asia and Africa.

Peers
Company Name CMP
Bharti Airtel 1830.95
Vodafone Idea 14.52
Indus Towers 385.50
Tata Communications 1699.80
Railtel Corp. India 268.00
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