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Open
9 Feb 2010
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Close
11 Feb 2010
3
Allotment
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Listing
Thu, Feb 25, 2010
Price Band
₹240 to ₹265
Issue Size
2,77,50,000 shares (agg. up to ₹666 Cr)
Lot Size
25 Shares
Listing Date
Thu, Feb 25, 2010
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.28x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Den Networks Ltd. | Mainboard | ₹364.46 Cr | ₹195 | null | ₹163.40 | -16.21% | ₹27.32 (-3.30%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Acquisition of Customers | 243.60 |
| 2 | Investment in the development of our digital capital expenditure, services and set top boxes | 156.40 |
| 3 | Investment in the 83 747 830 40 development of our broadband infrastructure, capital expenditure and services* | 83.00 |
| 4 | Repayment of loans | 96.70 |
About Hathway Cable IPO
Incorporated in 1995, Hathway Cable & Datacom Limited is the leading cable television services provider in India, as well as one of the leading cable broadband services providers. Company offer analog and digital cable television services across 125 cities and towns and high-speed cable broadband services across 20 cities. Hathway Cable is the leading operator in several key markets of India including among others, cities such as Mumbai, Delhi, Bangalore, Ahmedabad, Hyderabad, Jaipur, Indore, Bhopal, Baroda and Surat.As per MPA Report, Hathway is the largest distributor of digital cable in India. As of December 31, 2008, their digital television subscriber base constituted approximately 42% of the total digital cable television market in India . As of July 31, 2009, company had 1,319,646 subscribers for analog cable television services and 972,969 digital cable television subscribers. Hathway Cable & Datacom hold a pan-India ISP license and were the first cable television services provider to offer broadband internet services. They are currently India's largest cable broadband services provider with 953,084 two-way broadband enabled homes passed, as on 31 July, 2009.In addition to
Contact Details
Hathway Cable & Datacom Ltd. AddressRahejas, 4th FloorCorner of Main Avenue & V.P.RoadSantacruz (West)Mumbai, Maharashtra, 400054(91 22) 2600 1306/08/09info@hathway.netVisit Website