Hathway Cable & Datacom IPO closes for subscription on February 11, 2010

Hathway Cable & Datacom Limited has come out with Initial Public Offering (IPO) of 227,55,000 equity shares [excluding Anchor investor portion of 4,995,000 equity shares] of Rs 10 each for cash at a price band of Rs.240 to Rs.265 through 100% book building process.

The IPO opened for subscription by investors on February 09, 2010 and closes for subscription today February 11, 2010 (Thursday).

Rating Agency Crisil Limited has given IPO Grading of 3 / 5.

Morgan Stanley India Company Private Limited and UBS Securities India Private Limited are the Joint Global Coordinators & Book Running Lead Managers to the IPO. Kotak Mahindra Capital Company Limited is the Book Running Lead Manager to the issue.

Kotak Securities, Enam Securities, HDFC Securities and ICICI Securities Limited are the Syndicate Members to the IPO. Link Intime India Private Limited is the registrar to the company.

The Minimum Order Quantity is 25 Equity Shares and in multiples of 25 Equity Shares. The Maximum Subscription Amount for Retail Investor is Rs.100000.

Source : Equity Bulls

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