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.
GTPL Hathway IPO Details
Issue Type | Book Built Issue IPO |
Face Value | ₹10 per equity share |
IPO Price | ₹167 to ₹170 per equity share |
Market Lot | 88 Shares |
Min Order Quantity | 88 Shares |
Listing At | BSE, NSE |
BSE Script Code | 540602 |
ISIN | INE869I01013 |
Issue Size | Aggregating up to ₹484.80 Cr |
Fresh Issue | Aggregating up to ₹240.00 Cr |
Offer for Sale | Aggregating up to ₹[.] Cr |
GTPL Hathway IPO Tentative Timetable
PARTICULAR | DATE |
IPO Open Date | 21-Jun-17 |
IPO Close Date | 23-Jun-17 |
Basis of Allotment Date | 29-Jun-17 |
IPO Listing Date | 4-Jul-17 |
GTPL Hathway IPO Lot Size
Application | Lots | Shares | Amount (Cut-off) |
Minimum | 1 | 88 | ₹14,960 |
Maximum | 13 | 1144 | ₹194,480 |
IPO Allotment Status
Please Click Hare To Check IPO Allotment Status For GTPL Hathway Limited
Company Promoters:
The Promoters of the company are:
- Mr. Aniruddhasinhji Jadeja,
- Mr. Kanaksinh Rana,
- Gujarat Digi Com Private Ltd and
- Hathway Cable and Datacom Ltd
Company Financials:
PARTICULAR | 31-Dec-16 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 |
Total Assets | 16,969.16 | 14,910.26 | 11,231.49 | 10,722.93 |
Total Revenue | 6,634.61 | 7,462.03 | 6,272.01 | 5,288.09 |
Profit After Tax | 163.01 | 45.98 | 154.85 | -84.62 |
Objects of the Issue:
The public offer comprises the Fresh Issue by the company and an Offer for Sale by the selling shareholders.
The Fresh Issue – Company proposes to utilise the funds repayment/pre-payment, in full or part, of certain borrowings; and general corporate purposes.
The Offer for Sale – Company will not receive any proceeds from the Offer for Sale by the Selling Shareholders.
Registrar & Company Details
Company Contact Information | GTPL Hathway IPO Registrar |
GTPL Hathway Limited Shree One Building, Opposite Armieda, Sindhu Bhavan Road, Near Pakwan Cross Road, Bodakdev, Ahmedabad 380059 Phone: +91 79 6140 0000 Email: complianceofficer@gtpl.net Website: http://www.gtpl.net/ | Link Intime India Private Ltd Link Intime India Private Ltd C 101, 247 Park, L.B.S.Marg, Vikhroli (West), Mumbai – 400083 Phone: +91-22-4918 6270 Email: gtpl.ipo@linkintime.co.in Website: http://www.linkintime.co.in |