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GTPL Hathway IPO is a book build issue of ₹484.80 crores. The issue is a combination of fresh issue of 1.41 crore shares aggregating to ₹240.00 crores and offer for sale of 1.44 crore shares aggregating to ₹244.80 crores.
GTPL Hathway IPO bidding started from Jun 21, 2017 and ended on Jun 23, 2017. The allotment for GTPL Hathway IPO was finalized on Jun 29, 2017. The shares got listed on BSE, NSE on Jul 4, 2017.
GTPL Hathway IPO price band is set at ₹170.00 per share . The lot size for an application is 88. The minimum amount of investment required by an retail is ₹14,696 (88 shares). The lot size investment for sNII is 14 lots (1,232 shares), amounting to ₹2,09,440, and for bNII, it is 67 lots (5,896 shares), amounting to ₹10,02,320.
BNP Paribas is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Refer to GTPL Hathway IPO RHP for detailed Information.
| IPO Date | June 21, 2017 to June 23, 2017 |
| Listing Date | July 4, 2017 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹167 to ₹170 per share |
| Issue Price Final | ₹170 per share |
| Lot Size | 88 Shares |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Total Issue Size | 2,85,17,650 shares (aggregating up to ₹484.80 Cr) |
| Fresh Issue | 1,41,17,650 shares (aggregating up to ₹240.00 Cr) |
| Offer for Sale | 1,44,00,000 shares of ₹10 (aggregating up to ₹244.80 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 9,83,45,388 shares |
| Share Holding Post Issue | 11,24,63,038 shares |
GTPL Hathway IPO offers total 2,85,17,650 shares. Out of which 1,42,58,824 (50.00%) allocated to QIB, 57,03,530 (20.00%) allocated to QIB, 42,77,648 (15.00%) allocated to NII, 99,81,178 (35.00%) allocated to RII and 85,55,294 (30.00%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| QIB Shares Offered | 1,42,58,824 (50.00%) | NA |
| − Anchor Investor Shares Offered | 85,55,294 (30.00%) | NA |
| − QIB (Ex. Anchor) Shares Offered | 57,03,530 (20.00%) | NA |
| NII (HNI) Shares Offered | 42,77,648 (15.00%) | NA |
| Retail Shares Offered | 99,81,178 (35.00%) | 1,13,422 |
| Total Shares Offered | 2,85,17,650 (100.00%) |
GTPL Hathway IPO opens on June 21, 2017, and closes on June 23, 2017.
| IPO Open Date | Wed, Jun 21, 2017 |
| IPO Close Date | Fri, Jun 23, 2017 |
| Tentative Allotment | Thu, Jun 29, 2017 |
| Initiation of Refunds | Fri, Jun 30, 2017 |
| Credit of Shares to Demat | Mon, Jul 3, 2017 |
| Tentative Listing Date | Tue, Jul 4, 2017 |
| Cut-off time for UPI mandate confirmation | 5 PM on Fri, Jun 23, 2017 |
Investors can bid for a minimum of 88 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 88 | ₹14,960 |
| Retail (Max) | 13 | 1,144 | ₹1,94,480 |
| S-HNI (Min) | 14 | 1,232 | ₹2,09,440 |
| S-HNI (Max) | 66 | 5,808 | ₹9,87,360 |
| B-HNI (Min) | 67 | 5,896 | ₹10,02,320 |
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.
| Particulars | For the year/period ended (in Rs. Million) | ||||
|---|---|---|---|---|---|
| 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) | |
The Company GTPL Hathway IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | Repayment/pre-payment, in full or part, of certain borrowings availed by the Company | 228.94 |
| 2 | General corporate purposes | 3.06 |
[Dilip Davda] Issue is highly priced. Only risk savvy cash surplus investors may consider moderate investment for long term. Read detail review...
| Listing Date | July 4, 2017 |
| BSE Script Code | 540602 |
| NSE Symbol | GTPL |
| ISIN | INE869I01013 |
| Final Issue Price | ₹170 per share |
GTPL Hathway Ltd.
Shree One Building, Opposite Armieda,
Sindhu Bhavan Road, Near Pakwan Cross Road,
Bodakdev, Ahmedabad 380059
Ahmedabad, Gujarat
Phone: +91 79 6140 0000
Email: complianceofficer@gtpl.net
Website: http://www.gtpl.net/
MUFG Intime India Pvt.Ltd.
Phone: +91-22-4918 6270
Email: gtpl.ipo@linkintime.co.in
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
GTPL Hathway IPO is a main-board IPO of 2,85,17,650 equity shares of the face value of ₹10 aggregating up to ₹484.80 Crores. The issue is priced at ₹170 per share. The minimum order quantity is 88.
The IPO opens on June 21, 2017, and closes on June 23, 2017.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in GTPL Hathway IPO using UPI as a payment gateway. Zerodha customers can apply in GTPL Hathway IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in GTPL Hathway IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The GTPL Hathway IPO opens on June 21, 2017 and closes on June 23, 2017.
GTPL Hathway IPO lot size is 88, and the minimum amount required for application is ₹14,960.
You can apply in GTPL Hathway IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for GTPL Hathway IPO will be done on Thursday, June 29, 2017, and the allotted shares will be credited to your demat account by Monday, July 3, 2017. Check the GTPL Hathway IPO allotment status.
The GTPL Hathway IPO listing date is on Tuesday, July 4, 2017.
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