GTPL Hathway has become the 14th company in 2017 to receive Sebi’s approval for an initial public offering (IPO). Photo: Aniruddha Chowdhury/MintMumbai: GTPL Hathway Ltd, which offers cable TV and broadband services, has received approval for its proposed initial public offering (IPO) from the Securities and Exchange Board of India (Sebi). With this, GTPL Hathway became the 14th company to receive the capital markets regulator’s nod for a public issue in 2017. GTPL Hathway offers cable TV and broadband services in several cities including Pune, Ahmedabad and Kolkata. When it sells shares, GTPL Hathway will become the second cable operator to go public in the past two years.

Source: Mint May 16, 2017 19:30 UTC