21/06/2017
PUNE: GTPL
Hathway Limited proposes to open on Wednesday, June 21, 2017, an initial public
offering of equity shares of face value of Rs. 10 each (Equity Shares) for cash
(including a share premium) (the Offer) comprising of a fresh issue of Equity
Shares aggregating up to Rs. 2,400 million (Fresh Issue) and an offer for sale
of up to 14,400,000 Equity Shares - comprising up to 1,136,000 Equity Shares by
Aniruddhasinhji Jadeja, up to 440,000 Equity Shares by Mr. Kanaksinh Rana, up
to 5,480,000 Equity Shares by Gujarat Digi Com Private Limited, up to 7,200,000
Equity Shares by Hathway Cable and Datacom Limited and up to 144,000 Equity
Shares by Amit Shah (collectively the Selling Shareholders) (Offer For Sale).
The Bid/ Offer will close on Friday, June 23, 2017.
The Price Band for the Offer is fixed at Rs. 167 to Rs. 170 per Equity Share.
Bids can be made for a minimum of 88 Equity Shares and in multiples of 88
Equity Shares thereafter.
The Book Running Lead Managers (BRLMs) to the Offer are JM Financial
Institutional Securities Limited, BNP Paribas, Motilal Oswal Investment
Advisors Limited and Yes Securities (India) Limited.
The Company and the Selling Shareholders may, in consultation
with the BRLMs, consider participation by Anchor Investors in accordance with
the Securities and Exchange Board of India (Issue of Capital and Disclosure
Requirements) Regulations, 2009 as amended (SEBI ICDR Regulations). The Anchor
Investor Bid/ offer Period shall be one Working Day prior to the Bid/Offer
Opening Date; i.e., Tuesday, June 20, 2017.
The Equity Shares offered through the RHP are proposed to be listed on BSE Limited (BSE) and National Stock Exchange of India Limited (NSE).
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