GTPL Hathway IPO

GTPL Hathway shares declined 5 per cent, logging an intraday low at ₹115.8 per share after company posted mixed Q1FY26 numbers

Hathway Cable & Datacom Ltd, provider of cable and internet services, on Tuesday reported a marginal increase in consolidated net profit at Rs 34.8 crore for the fourth quarter ended March 2025. The company had posted a net profit of Rs 34.57 crore in the January-March period a year ago, according to a regulatory filing from Hathway Cable, a firm owned by Reliance Industries Group. Revenue from operations was up at Rs 513.15 crore from Rs 493.37 crore a year ago. Hathway's revenue from its cable TV business was at Rs 346.09 crore and Rs 149.35 crore from broadband services in Q4 FY25. Total income, which also includes other income, was up 2.43 per cent to Rs 546.6 crore in the March quarter. Total expenses were up 3.36 per cent to Rs 510.15 crore. However, the net profit in FY25 was down 6.8 per cent to Rs 92.54 crore from Rs 99.29 crore a year ago. Total income during the year was up 1.3 per cent to Rs 2,146.35 crore. Meanwhile, in a separate filing, Hathway informed it has ...

The stock had opened at Rs 170 on the BSE and the NSE, the same as the IPO price

The IPO was subscribed 1.53 times during the June 21-23 offer period

GTPL Hathway's Rs 485-crore IPO was subscribed 1.53 times during June 21-23

At 10:02 am; the stock was trading 2% higher at Rs 173 from its issue price of Rs 170 per share.

The company on Tuesday raised over Rs 145 crore from anchor investors

GTPL Hathway yesterday raised over Rs 145 crore from anchor investors