Sea TV Network Cable services provider today stated that it has put up per share a price band of Rs 90 to Rs 100 for its starting public offer, which shall be opening on September 27.

The Agra-based company expressed in a statement that The 50.2 crore rupees matter shall be concluding on September 29.

The company targets to utilize a fraction of the net profits of the subject for spreading out plans, which comprise putting up of digital headed and system for execution of Conditional Access System (CAS).

The IPO progress shall also be utilize for putting up network for IPTV solution and for putting up their own cable distribution network competent of digital transmission all through Agra City and neighboring areas.

The corporation provides their services to numerous native cable TV operators of Agra city. Investment and Chartered Capital is the only book running head manager to the subject. Shares given by the IPO are planned to be listed at the Bombay Stock Exchange.

Multi-system operator (MSO) Sea TV Network who is based in Agra has set up the cost band of its projected Rs 502 million IPO between Rs 90 and 100 per equity share. The subject will open on 27 September and shall close on
29 September.