IndiaBulls IPO Note Hathway Cable & Datacom Ltd
Hathway Cable & Datacom Limited (Hathway Cable) is the leading cable television services provider in India, Is Coming with IPO Hathway cable is one of the leading cable broadband services providers. Established in 1995, the Company started with quality Cable TV services in thirteen cities across the nation and has expanded its services across 125 cities now. The company deals in broadly three segments comprising cable TV, digital cable TV and broadband internet with interest in entertainment. Hathway Cable intends to raise upto Rs. 7.3 bn approximately on the upper band for the purposes of funding acquisitions, investment in the development of digital capital expenditure, development of broadband infrastructure, capital expenditure and sevices and for repayment of loans.
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