Sea TV Network Ltd
Sea TV Network Ltd is entering in the capital markets with an initial public offering, IPO of Rs 50.20 crore. The price band for the issue has been fixed at Rs 90/- at lower level and Rs 100/- at upper level for equity share of Rs 10/-.
Sea TV Network Ltd is an Agra (U.P) based company engaged in providing services of a Multi System Operator (MSO) to various Local Cable TV operators of Agra and adjoining areas. Sea TV has its own local channels, programmes of which are produced by its own production team. These local channels mainly focus on Agra city/U.P State news/events and information, which is more relevant to the city viewers.
The issue opens on Sep 27, 2010, and closes for subscription on Sep 29, 2010. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE).
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