Add to Calendar
2017-06-21 12:00 AM2017-06-23 12:00 AMAsia/KolkataGTPL Hathway Limited IPOGTPL Hathway Limited India
GTPL Hathway Limited is India’s leading Multi System Operator based in Gujarat offering cable television and broadband services. The company has presence in over 169 cities across the country with 67% share of cable TV market in Gujarat. The firm produces
Date of establishment: GTPL Hathway was established in 2006.
Product & Service Offering: GTPL Hathway.offers cable television and broadband services to customers across the country. It also produces content for local channels on its network.
Promoters of GTPL Hathway Ltd.: The promotors of the firm are Mr. Aniruddhasinhji Jadeja, Mr. Kanaksinh Rana, Gujarat Digi Com Private Ltd and Hathway Cable and Datacom Ltd.
Customer segment: The company offers its services to retail customers.
Objects of the Issue:
The public offer comprises of Fresh issue and an Offer for Sale by the shareholders of the firm.
The company proposes to utilize the funds from the fresh issue for repayment, in full or part, of specific borrowings and for general corporate purposes.
The company will not receive any proceeds from the Offer for Sale.
Following are the benefits in buying and selling an IPOs through a discount broker.
Reduced Brokerage Fee: Discount brokers charge a flat brokerage which is missing in case of full service brokers. Full service brokers usually charge %age brokerage and this incurs a lot of cost to an investors. So if any full service broker charge a brokerage of let say 0.03% then on a purchase of shares of worth of Rs 200,000 you end up paying Rs 600+ Taxes. In our case we charge a flat brokerage of Rs 20 + Taxes. Discount brokers therefore saves a lot of money of investors.
Better Trading Platform: Usually discounts brokers don’t provide a good trading platform and experience but there are few discounts brokers like Samco, who are now focussing on delivering a world class trading platform and top notch user experience. Therefore narrowing down the gap between discount brokers and full service brokers.
Technically Speaking, SEBI has made mandatory to buy an IPO through ASBA channel but there is no regulation on how any investor can sell an IPO allotted shares. Therefore, smart investors can always sell IPO allotted shares through a discount broker
Find out which all IPOs are going to hit the Stock Exchanges and probably providing an opportunity for investors to make money Read More>>
Investing in an IPO has always been a point of discussion amongst investors and with the recent increase in the number of companies going public, the discussion is catching more attention. While this article attempts to answer the question, let us start b Read More>>
Once you have invested in an IPO the next thing to concern yourself about is to have an exit strategy in order to maximize your gains. In order to have an efficient exit strategy, there are certain factors to take note on. This article will try to explain Read More>>