Business Standard

Hathway Cable & Datacom Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

666.00 cr

Price Range (₹)

240

Lot Size

25

Min Investment (₹)

6,000.00

Listing Exchange

MumbaiNSE

Open Date

09-Feb-2010

Close Date

11-Feb-2010

Listing Date

25-Feb-2010

Hathway Cable & Datacom Ltd News

    The Shares of Hathway Cable & Datacom Ltd have now been listed.

    Hathway Cable & Datacom Ltd IPO Details

    Public issue of up to 27,750,000 equity shares of Rs.10 each (equity shares) for cash by Hathway Cable & Datacom Limited (the company or the issuer) at a price of Rs. 240 per equity share for cash aggregating up to Rs. 666.00 Crores ( Issue) consisting of a fresh issue of up to 20,000,000 equity shares by the company (fresh issue) and an offer for sale of 7,210,000 equity shares by Monet Limited and 540,000 equity shares by MSPI Mauritius Limited (together referred to as, offer for sale). The issue will constitute approximately 19.43% of the post-issue share capital of the company.The Issue Price: Rs. 240 per equity share of face value Rs 10/ each.The Issue Price is 24 times of the face value.

    Objective of issue

    Fund customer acquisitions. Investment in the deve.of digital cap. expenditure. Investment in the devel. of broadband infrastr.. Repayment of loans. Fund expenditure for general corporate purposes.

    Hathway Cable & Datacom Ltd Contact Details

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

    Phone - 91-022-25963838

    Fax - 91-022-25946969

    Email - ajay.singh@hathway.net; investorgrievance@hathway.

    Website - www.hathway.com