Hathway Cables and Datacom IPO : Listing on 25th Feb 2010

Feb 24th 2010
Tags: IPO Listing, IPO News

Hathway Cables and Datacom IPO : Listing on 25th Feb 2010

Hathway Cable & Datacom is the leading cable television services provider in India, as well as one of the leading cable broadband services providers. The company informed the market that the shares of its recent IPO will list on Thursday, 25th February 2010. The IPO was open from 9th Feb 2010 to 11th Feb 2010 and subscribed 1.36 times (0.27 times in retail).

The object of the Issue is to achieve the benefits of listing on the Stock Exchanges and the proceeds of the issue will be used by the company for fund customer acquisitions, investment in the development of digital capital expenditure, services and set top boxes, investment in the development of broadband infrastructure, capital expenditure and services, repayment of loans and for general corporate purposes.of the IPO would be used for prepayment of loans and general corporate purposes.

IPO Listing Detail:-
Listing Date : 25th Feb 2010
BSE Script Code : 533162
NSE Symbol : HATHWAY
ISIN : INE982F01028
Listing In : B Group
Sector : Cable Metwork
Issue Price : Fixed at Rs 240.00 Per Share
Face Value : Rs. 10.00 Per Share

The equity shares of Jubilant Foodworks Ltd are proposed to be listed on Bombay Stock Exchange Limited (BSE) and the National Stock Exchange of India Limited (NSE).

IPO Allotment Details can be seen here later on.