Airtel Payments Bank IPO in pipeline? Bharti Airtel payments business eyes D-Street debut, says report
Bharti Airtel is in focus in an ipo & listings development.
· LiveMint Markets
Airtel Payments Bank could become a much larger financial services business and may pursue an IPO in three to four years, Sunil Bharti Mittal said. The bank has nearly 100 million users and is targeting ₹10,000 crore in revenue and deposits, and ₹1,000 crore in profit.
The analysis
Bharti Airtel reported ₹10,000 crore and ₹1,000 crore. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is +0.5% on the day at ₹2,106.00, and has returned +8.6% over three months. It is trading close to its 52-week high, so expectations were already elevated going in. The telecom & media sector has moved +2.7% over the same period, so Bharti Airtel is running 5.9 points ahead of its peers.
For Bharti Airtel, the question is how much of this is already reflected in the price and how much re-rates the telecom & media peer set alongside it.
Why it matters
- Listing activity is a read on risk appetite — a hot primary market usually means a confident secondary one.
Market context
- In focus: Bharti Airtel (BHARTIARTL), in Telecom & Media.
- Over three months: Bharti Airtel +8.6% against Telecom & Media +2.7% (5.9 points ahead).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| Bharti AirtelBHARTIARTL · Telecom & Media | ₹2,106.00 | +0.5% | +16.6% | +8.6% | -2.6% | 0.6× | — |
Telecom & Media
1M +3.3% · 3M +2.7%
Bharti Airtel
Financial Services
1M +0.7% · 3M -7.5%
Prices as of 13 Nov 2026, 16:10 IST. Sector moves are the average of the stocks we track in each sector.
In this story
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