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  Hathway Cable & Datacom Limited
 
OPENS ON : : 9/02/2010 CLOSES ON : 11/02/2010
  Company Details:
 
  • Hathway Cable & Datacom Private Limited belongs to the Rajan Raheja Group which owns and operates some of the country’s largest corporate brands.

  • Hathway Cable & Datacom Limited and its subsidiaries provide cable television services in India. The company also offers cable broadband services.

  • The company is one of the leading MSOs (Multi System Operator) in the country, having a household reach of more than 8 million.

  • It offers two services - cable TV distribution through analog and digital modes, and broadband Internet services. The company provides cable TV services in 125 cities whereas broadband services are provided in 20 cities. It has 68 analog head ends, 19 digital head ends and a 15,000-km hybrid fibre co-axial cable network.
  • As of July 31, 2009, it had 1,319,646 subscribers for its analog cable television services; 972,969 digital cable television subscribers comprising 259,269 CAS subscribers and 713,700 voluntary subscribers; and 319,712 broadband subscribers.
  • Total Income for the year ended 31st March 2009 is Rs. 6,728.76 million and Profit after Tax (PAT) is Rs.116.95 million.
  IPO Grading:
  CCRISIL has assigned a CRISIL IPO Grade “3/5“ (pronounced “three on five“) to the proposed initial public offer (IPO) of Hathway Cables & Datacom Ltd.
  Issue Details:
 
Issue Size : 666-735 Crores
Face value : Rs 10/- per equity share
Price band : Rs 240-265
Lot Size : 25 Equity shares
Exchanges : NSE & BSE
Issue Type : 100% Book Built issue IPO

   
  Book Running Lead Manager :
 
  1. UBS Securities India Pvt. Ltd.
  2. Morgan Stanley India Co. Pvt. Ltd.
  3. Kotak Mahindra Capital Co. Ltd.
 
  SYNDICATE MEMBERS
 
  • Kotak Securities Ltd.
  • Enam Securities Ltd.
  • ICICI Securities Ltd.
  • HDFC Securities Ltd
  •   ISSUE STRUCTURE
     
    S. No. Main Category No of equity shares reserved for the main category
    1. QIB 60% of the net issue size (16,650,000 Equity shares)
    2. Non Institutional

    10% of the net issue size ( 2,775,000 Equity Shares)

    3. Retail 30% of the net issue size (8,325,000 Equity Shares)
    Total Issue Size 1+2+3+4 27,750,000 Equity shares

     
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