Hathway lines up 5 anchor investors for Rs 1.2 bn

Starts 3rd October

Vanita Keswani

Madison Media Sigma

Poulomi Roy

Joy Personal Care

Hema Malik

IPG Mediabrands

Anita Kotwani

Dentsu Media

Archana Aggarwal

Ex-Airtel

Anjali Madan

Mondelez India

Anupriya Acharya

Publicis Groupe

Suhasini Haidar

The Hindu

Sheran Mehra

Tata Digital

Rathi Gangappa

Starcom India

Mayanti Langer Binny

Sports Prensented

Swati Rathi

Godrej Appliances

Anisha Iyer

OMD India

Hathway lines up 5 anchor investors for Rs 1.2 bn

MUMBAI: Hathway Cable & Datacom has lined up five anchor investors who are putting in Rs 1.2 billion for 18 per cent of the IPO.
 
Copthall Mauritius Investment (a Goldman Sachs firm), Reliance Capital Trustee Co, Franklin Templeton, DSP BlackRock and Tree Line Asia Master Fund have come in as anchor investors at Rs 240 per share, the lower tip of the IPO price band.

Investor

Shares

Total price

Franklin Templeton

2,083,425

Rs 500,022,000

DSP BlackRock

1,187,550

Rs 285,012,000

Reliance Capital Trustee Co

416,675

Rs 100,002,000

Copthall
Mauritius Investment

416,675

Rs 100,002,000

Tree Line
Asia Master Fund

890675

Rs 213,762,000

Total

4,995,000

Rs 1,198,800,000

India‘s most valued cable TV company plans to raise Rs 7.35 billion at the upper and Rs 6.66 billion at the lower price band.

Hathway‘s initial public offering opens for subscription on 9 February and closes on 11 February. The leading multi-system operator (MSO) will have a public issue of up to 27.75 million, consisting of a fresh issue of up to 20 million equity shares (Rs 10 each) and an offer for sale of 7.75 million.