Hathway Cable IPO Latest News Today

Hathway Cable IPO will list on Thursday, February 25, 2010. Issue price of this IPO has been fixed at Rs 240/- per share. IPO was oversubscribed by 1.36 times (0.2754 times in retail).

IPO Listing Detail

Listing Date: Thursday, February 25, 2010
BSE Script Code: 533162
NSE Symbol: HATHWAY
Listing In: B Group
ISIN: INE982F01028
Issue Price: Rs. 240.00 Per Equity Share
Face Value: Rs. 10.00 Per Equity Share

Hathway Cable & Datacom Ltd IPO allotment Status is now available online.

Hathway Cable IPO was open on Feb 09, 2010 and closed on Feb 11, 2010. IPO was oversubscribed by 1.36 times (0.2754 times in retail).

Hathway Cable & Datacom Ltd IPO finally subscribed 1.36 times(0.2754 times in retail) on it's closing day. Hathway Cable IPO was open on Feb 09, 2010 and closed today on Feb 11, 2010 for subscription. Hathway Cable has received bids for 3,09,02,975 shares as against issue size of 2,27,55,000 shares.

Oversubscription detail

Qualified Institutional Buyers (QIBs): 1.4341 Times

Non Institutional Investors: 4.2868 Times

Retail Individual Investors (RIIs): 0.2754 Times

Total: 1.36 Times

Hathway Cable & Datacom Ltd IPO subscribed 0.91 times on its day 2. Hathway Cable IPO was open on Feb 09, 2010 and will close tomorrow on Feb 11, 2010 for subscription. Hathway Cable has received bids for 2,06,50,675 shares as against issue size of 2,27,55,000 shares.

Oversubscription detail for Day 2

Qualified Institutional Buyers (QIBs): 0.8808 Times

Non Institutional Investors: 3.5221 Times

Retail Individual Investors (RIIs): 0.0734 Times

Total: 0.91 Times

Hathway Cable & Datacom Ltd IPO subscribed 0.46 times on its day 1. Hathway Cable IPO opens today on February 09, 2010 and closing on February 11, 2010 for subscription. Hathway Cable has received bids for 1,04,18,975 shares as against issue size of 2,27,55,000 shares.

Oversubscription detail for Day 1

Qualified Institutional Buyers (QIBs): 0.2860 Times

Non Institutional Investors: 2.4381 Times

Retail Individual Investors (RIIs): 0.0384 Times

Total: 0.46 Times

Hathway Cable & Datacom Ltd is the leading cable television services provider in India, as well as one of the leading cable broadband services providers. Company offer analog and digital cable television services across 125 cities and towns and high-speed cable broadband services across 20 cities. Hathway Cable is the leading operator in several key markets of India including among others, cities such as Mumbai, Delhi, Bangalore, Ahmedabad, Hyderabad, Jaipur, Indore, Bhopal, Baroda and Surat.

Hathway Cable is entering in the capital markets with an initial public offering, IPO of 27,750,000 Equity Shares of Rs. 10 each for cash, at a premium to be decided through a 100% Book Built Issue. The price band for the issue has been fixed at Rs */- at lower level and Rs */- at upper level for equity share of Rs 10/-.

The issue opens on February 09, 2010, and closes for subscription on February 11, 2010. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).