Sea TV Network Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 2,510,000 (50%) | — | ₹2,510 Cr |
| NII (HNI) | — | 753,000 (15%) | — | ₹753 Cr |
| Retail | — | 1,757,000 (35%) | — | ₹1,757 Cr |
| Σ Total | — | 5,020,000 (100%) | — | ₹50,200 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 | 65 | ₹6,500 |
| Retail (Max) | 13 | 845 | ₹84,500 |
| S-HNI (Min) | 14 | 910 | ₹91,000 |
| B-HNI (Min) | 67 | 4,355 | ₹435,500 |
Financial Statements Amount in Lakhs
| Metric | 31-Mar-10 | 31-Mar-09 | 31-Mar-08 |
|---|---|---|---|
| Revenue | 946 | 796 | 581 |
| Profit After Tax | 151 | 102 | 60 |
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 Setting up complete Digital Headend and network for implementation of Conditional Access System (CAS) to convert from the present Analog system to distribution to a Digital System. – 27.51
- 2 Setting up network for complete IPTV solution. – 5.28
- 3 Setting up of own cable distribution (underground optical fiber) network capable of digital transmission throughout Agra City and adjoining areas. – 6.56
- 4 Setting up own 20 branch-offices in the city including in the adjoining areas with required infrastructure for receiving digital signals and re-transmitting the same without much value addition through co-axial cables to individual customers/subscribers. – 15.55
- 5 Meeting the expenses of the issue – 4.73
Company Overview
Incorporated in 2004, Sea TV Network Ltd is an Agra (U.P) based company engaged in providing services of a Multi System Operator (MSO) to various Local Cable TV operators of Agra and adjoining areas. Sea TV has its own local channels, programmes of which are produced by its own production team. These local channels mainly focus on Agra city/U.P State news/events and information, which is more relevant to the city viewers.
Sea TV proposes to adopt latest technology i.e. IPTV for providing TV channels to its viewers. They already have a network of about 150 franchisees throughout Agra city.