IPO Issue Details
Issue Price / Price Band₹170 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size88 Shares per Lot
Total Issue Size2,85,17,650 shares (aggregating up to ₹484.80 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenWed, 21 Jun 2017
Subscription CloseFri, 23 Jun 2017
Anchor AllotmentTue, 20 Jun 2017
Basis of AllotmentThu, 29 Jun 2017
Initiation of RefundsFri, 30 Jun 2017
Credit of Shares to DematMon, 03 Jul 2017
Listing DateTue, 04 Jul 2017
UPI Mandate Deadline2017-06-23
Application & Investment Details
Retail — Min (1 Lots)₹14,960 — 88 shares
Retail — Max (13 Lots)₹194,480 (13 Lots)
HNI — Min (14 Lots)₹2,09,440 — 1,232 shares
Pre-IPO Promoter Holding9,83,45,388 shares
Post-IPO Promoter Holding11,24,63,038 shares
Fresh Issue Shares1,41,17,650 shares (aggregating up to ₹240.00 Cr)
Offer for Sale Shares1,44,00,000 shares of ₹10 (aggregating up to ₹244.80 Cr)
About GTPL Hathway Ltd.
Incorporated in 2006, GTPL Hathway Limited is Gujrat based Multi System Operator offering cable television and broadband services. GTPL Hathway is number 1 cable service provider in Gujarat with a market share of 67% of cable television subscribers.GTPL Hathway provides digital cable television services in 169 towns across India. We provide cable television signals in both digital and analog modes of re-transmission.GTPL's source of revenue for cable services is subscription income received from subscribers and carriage and placement revenues received from broadcasters for carrying their channels and placing their channels on their preferred channel number or position. GTPL also have the right to place the 'Gujarat News' channel on our network, which is produced by our Group Company, Gujarat Television Private Limited. GTPL produce its own content and also offer third-party content on its local channels to ensure that it has a suitable mix of content that appeals to a range of demographics.
Objects of the Issue
GTPL Hathway Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Repayment/pre-payment, in full or part, of certain borrowings availed by the Company
228.94
2
2 General corporate purposes
3.06
Shareholding & Lock-in
Pre-IPO Promoter Holding
9,83,45,388 shares
Post-IPO Promoter Holding
11,24,63,038 shares
Lock-in Period (30%)July 29, 2017
Lock-in Period (50%)September 27, 2017