It is difficult to predict listing price. However, it seems to be a good bet for investors for a target of 380. Long-term target 824.
It has long history in the cable business. It is also the leader in the cable broadband services.
1. As per FICCI KPMG Report 2009, the Media & Entertainment Industry is projected to grow at a CAGR of 12.5% over CY2009-13 to Rs 1052 billion by end CY 2013. The Television industry is expected to grow at CAGR of 14.5% over CY 2009-13 to Rs 472.6 billion. As per Pricewaterhouse Coopers (PWC)'s India Entertainment & Media Outlook 2009 Report, the TV distribution segment grew at CAGR of 18.8% to Rs 150 billion over CY2004-2008, contributing to 60% of the total television industry revenue of Rs 244.7 billion for CY2008. The television industry expected to grow at CAGR of 11.4% over CY2009 - 13 to Rs 420 billion. The distribution pie is expected to grow at CAGR of 10.8% to Rs 250 billion by end CY2013.
2. The number of TV owning households would grow to 149 million by end CY2013. The cable households would increase from 72 million in CY2008 to 90 million in CY2013. Of this, the number of digital cable homes would increase from 2 million in CY2008 to 35 million in CY2013. The increased adoption of digitization would mean higher declaration leading to higher revenues.
3. There were 623,000 cable broadband internet subscribers, or 11.3% of total Indian broadband internet subscribers, in India in 2008. The MPA Report 2009 predicts that the number of cable broadband internet subscribers will increase to approximately 2.30 million, or 16.5% of all Indian broadband internet subscribers, by CY2013.
Sub: Listing of Equity Shares of Hathway Cable & Datacom Limited (IPO)
In pursuance of Regulation 3.1.1 of the National Stock Exchange (Capital Market) Trading Regulations Part A, it is hereby notified that the list of securities further admitted to dealings on the National Stock Exchange (Capital Market segment) with effect from February 25, 2010 and the designated security codes thereof shall be as specified in Annexure.
hathway will give u good return on listing u never expected .if u remained away for applying u got good chance to catch on listing .afternoon session will give u 35%gain good luck.
The stock is definitely going to list with a premium. As far as comparing with DEN IPO, the story is different in both companies and so are the fundamentals. This company is at a niche segment with a monopolistic environment. Further I expect guys to accumulate on listing day with less of selling pressure as HNI's have hardly leveraged themselves to get an allotment. Further, looking at the banker's profile the prices will support on initial days of listing... CYA tradewell
LOT OF QUERIES BUT THIS ISSUE WILL DISAPPOINT U ALL, LOOKING AT DEN NETWORK SHARE FALL, IT IS EASILY PRESUMED 20 TO 30 RS. DISCOUNT TO ALLOTMENT PRICE OF RS. 240/-. POOR INVESTOR JUST WAIT TO LOSE MONEY ON LISTING.
HAVE PATIENCE DO NOT SELL IN HURRY WAIT FOR AT LEAST 1 WEEK BEFORE SELLING, MIND U OPERATOR IS GOING TO CORNER ALL THE SHARE WHEN POOR INVESTOR WILL SELL.
WHAT IS MORE IMPORTANT IS LISTING PRICE IT WILLDEFINITELY LIST AT DISCOUNT BUT HERE IS CATCH OPERTOR OF MUMBAI IS JUST GOING TO GRAB EACH AND EVERY SHARE THEN THE SIMPLE GAME IS TO JACK UP THE PRICE AND TRAP THE INVESTORS..........
JUST FEEL IT..........SMELL IT............LIKE RATS BEWARE OF MOVEMENTS, JUST HOLD ON AND WAIT TO LIQUIDATE YOUR HOLDING.