Hathway Cable & Datacom Ltd - IPO

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

Website - www.hathway.com