Bharti Telecom Limited Unlisted Shares
(i) Bharti Telecom Limited(BTL) is the part of the Bharti Enterprises group which has been promoted by Mr. Sunil Bharti Mittal.
BTL has primarily investments in Bharti Airtel Limited (BAL). BTL does not have any operations of its own and derives its income from dividend received from BAL and income from its other investments primarily liquid mutual funds.
(ii) Bharti Group consists of the following companies:
a) Bharti Airtel Limited
Bharti Airtel Limited is a leading global telecommunications company with operations in 18 countries across Asia and Africa. Headquartered in New Delhi, India, the company ranks amongst the top 3 mobile service providers globally in terms of subscribers. In India, the company’s product offerings include 2G, 3G, and 4G wireless services, mobile commerce, fixed line services, high-speed home broadband, DTH, enterprise services including national & international long distance services to carriers. In the rest of the geographies, it offers 2G, 3G, 4G wireless services and mobile commerce.
b) Bharti Infratel Limited
Bharti Infratel is India’s leading provider of tower and related infrastructure and it deploys, owns and manages telecom towers and communication structures, for various mobile operators. The Company’s consolidated portfolio of over 92,000 telecom towers, which includes over 40,000 of its own towers and the balance from its 42% equity interest in Indus Towers, makes it one of the largest tower infrastructure providers in the country with presence in all 22 telecom circles. Bharti Infratel’s and Indus’s three largest customers are Bharti Airtel (together with Bharti Hexacom), Vodafone Idea Limited and Reliance Jio Infocomm Limited, which are leading wireless telecommunications service providers in India by wireless revenue.
c) Indus Towers Limited
Indus Towers Limited is an independently managed company offering passive telecom infrastructure to all telecom operators. Indus is headquartered in the National Capital Region. Founded in 2007, Indus Towers Limited has been promoted under a joint venture amongst Bharti Infratel Limited (group company of Bharti Airtel Limited, rendering telecom services in India under the brand name Airtel), Vodafone India Limited (rendering telecom services under the brand name Vodafone) and Aditya Birla Telecom Limited (group company of Idea Cellular Limited, rendering telecom services under the brand name Idea), which created history by collaborating to share telecom towers & infrastructure. Indus has a presence in 15 telecom circles of India and has achieved over 2,78,408 tenancies till date. With the current count of over 1,23,639 towers, Indus has the widest coverage in India and is also the largest telecom tower company in the world (outside China).
d) The group also has a presence in Real Estate, Insurance, Green Energy, Hospitality etc.
Bharti Telecom Limited Unlisted Shares Details:
| Total Available Shares: | Not Available |
| Face Value: | ₹ 10 Per Equity Share |
| ISIN: | INE403D01012 |
| Lot Size: | 100-200 Shares |
| Current Unlisted Share Price: | ₹ 120 Per Equity Share |
In FY17-18, the company has earned a revenue of close to 835 Cr.
Rough Valuation of the Company:
As on 30.06.2019, the Bharti Telcom Limited holds 2,11,62,36,438 number of shares in Bharti Airtel which has a market value of close to 76000 as on 17.08.2019.
The company has paid-up capital fo 2610 Cr. If we give a holding company discount of 50% to Bharti Telecom, the current valuation comes out at 145 per share.