Sea TV Network Ltd - IPO

Sea TV Network Ltd IPO Details

Public issue of 50,20,000 equity shares of Rs. 10/- each for cash at a price of Rs. 100 per equity share (including a Share premium of Rs. 90 per equity share) aggregating Rs. 50.20 Crores by SEA TV Network Limited (The Company or Issuer or SEA TV) (The Issue) comprising of a net offer to the public of 50,20,000 equity shares of Rs. 10/- each aggregating Rs. 50.20 Crores (The Net offer to the public) of which 5,02,000 equity shares aggregating Rs. 5.02 Crores being 10% of the net Offer to the public to be compulsorily allotted to QIBs. The net offer to the public would constitute 41.76% of the fully diluted post issue paid up capital of the company.Offer price : Rs. 100 per fully paid up equity share of face value of Rs. 10/- each.The issue price is 10 times the face value

Objective of issue

Setting up Digital Headend & Network for CAS. Setting up network for complete IPTV Solution. Setting up of own cable distribution network. Setting up own 20 branch-offices in the City.

Sea TV Network Ltd Contact Details

Sea TV Network Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

Phone - 91-022-25963838

Fax - 91-022-25946969

Email - cs@seatvnetwork.com; admin@seatvnetwork.com

Website - www.seatvnetwork.com