GTPL Hathway Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 14,258,824 (50%) | — | ₹24,240 Cr |
| NII (HNI) | — | 4,277,648 (15%) | — | ₹7,272 Cr |
| Retail | — | 9,981,178 (35%) | — | ₹16,968 Cr |
| Σ Total | — | 28,517,650 (100%) | — | ₹484,800 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 88 | ₹14,960 |
| Retail (Max) | 13 | 1,144 | ₹194,480 |
| S-HNI (Min) | 14 | 1,232 | ₹209,440 |
| B-HNI (Min) | 67 | 5,896 | ₹1,002,320 |
Financial Statements Amount in Crore
| Metric | 31-Dec-16 | 31-Mar-16 | 31-Mar-15 |
|---|---|---|---|
| Revenue | 663 | 746 | 627 |
| Profit After Tax | 16 | 5 | 15 |
| Total Assets | 1,697 | 1,491 | 1,123 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Repayment/pre-payment, in full or part, of certain borrowings availed by the Company – 228.94
- 2 General corporate purposes – 3.06
Company Overview
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.