Business Standard

GTPL Hathway Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

484.80 cr

Price Range (₹)

170

Lot Size

88

Min Investment (₹)

14,960.00

Listing Exchange

MumbaiNSE

Open Date

21-Jun-2017

Close Date

23-Jun-2017

Listing Date

04-Jul-2017

GTPL Hathway Ltd News

    The Shares of GTPL Hathway Ltd have now been listed.

    GTPL Hathway Ltd IPO Details

    Initial public offering of 28,517,650 equity shares of face value of Rs. 10 each (equity shares) of GTPL Hathway Limited (The company or issuer) for cash at a price of Rs. 170 per equity share (offer price) aggregating to Rs. 484.80 crores (Offer) comprising a fresh issue of 14,117,650 equity shares at a price of Rs. 170 per equity share (including a share premium of Rs. 160 per equity share) aggregating to Rs. 240.00 crores (Fresh Issue) and an offer for sale of 14,400,000 equity shares at a price of Rs. 170 per equity share comprising of 1,136,000 equity shares by Mr. Aniruddhasinhji Jadeja, the promoter, 440,000 equity shares by Mr. Kanaksinh Rana, the promoter, 5,480,000 equity shares by Gujarat digi Com Private Limited, the promoter, 7,200,000 equity shares by Hathway Cable and Datacom Limited, the promoter and 144,000 equity shares by Mr. Amit shah, a selling shareholder (collectively the selling shareholders) aggregating to Rs. 244.80 crores (Offer for Sale). The offer shall constitute 25.36% of the post-offer paid-up equity share capital of the company. The anchor investor offer price is Rs. 170 per equity share.Offer Price: Rs.170 per equity share of Face value of the equity shares is Rs. 10 each. The offer price is 17 times the face value of the equity shares.

    Objective of issue

    Repayment/pre-payment of certain borrowings. General corporate purposes.

    GTPL Hathway Ltd Contact Details

    GTPL Hathway Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

    Phone - 91-022-25963838

    Fax - 91-022-25946969

    Email - complianceofficer@gtpl.net

    Website - www.gtpl.net