Hathway Cable & Datacom Limited has fixed the price band for its IPO between Rs 240 and Rs 265. The issue opens on Tuesday the 9th of February and closes on Thursday the 11th of February 2010. The issue consists of a fresh issue of 2 cr shares and an offer for sale of 77.50 lakh shares. The total issue would be for 2.775 cr shares. The issue would raise Rs 666 crs at the lower price band and Rs 735.38 crs at the upper price band.

The market capitalisation post issue at the lower price band would be Rs 3428.57 crs while at the upper price band it would be Rs 3785.71 crs.