Asianet Satellite Communication Ltd - IPO

Asianet Satellite Communication Ltd IPO Details

Initial public offering of up to [*] equity shares of face value of Rs. 10 each (Equity Shares) of the company for cash at a price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share) (Offer Price) aggregating up to Rs. 765.00 crores (The Offer) comprising a fresh issue of up to [*] equity shares aggregating up to Rs. 300.00 crores by the company (The Fresh Issue) and an offer for sale of up to [*] equity shares aggregating up to Rs. 465.00 crores by Hathway Investments Private Limited (The Promoter Group Selling Shareholder) (The Offer for Sale). The offer would constitute [*] % of the post-offer paid-up equity share capital.The face value of the equity share is Rs. 10. The offer price is [*] times the face value of the equity shares. The price band and minimum bid lot will be decided by the company.

Objective of issue

Repayment/prepayment in full or part of certain borrowings availed of by the company and the subsidiary Asianet Network Pvt Ltd. Capital expenditure towards continued expansion of the network infrastructure. General Corporate Purposes.

Asianet Satellite Communication Ltd Contact Details

Asianet Satellite Communication Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Website - www.asianet.co.in