Mumbai: Videocon d2h, India’s fastest growing DTH company has closed the IPO processand is getting listed on NASDAQ, issuing ADR of worth $325 million to the public with current market cap of $1.15 billion.
Videocon d2h IPO has created several milestones by becoming the first Indian private company since the year 2000 to list overseas, largest Indian IPO in US since 2007 and first sizeable Indian listing on US exchanges since 2010, clearly indicating the renewed Global focus on India. The IPO has caught the attention of Top US funds with several multi billion dollar funds investing into the IPO.
At expected market cap of $1.15 billion, Videocon d2h will become the most valued Indian Company on NASDAQ.
Mr. Saurabh Dhoot – Managing Director, Videocon d2h said, “Our listing on the NASDAQ Stock Exchange is a major corporate milestone for the entire Indian Media industry not just Videocon d2h and a testament to the tremendous progress we have made under the Digital India vision of our Hon’ble Prime Minister. This is the success of thousands of Videocon d2h employees working tirelessly and our customers who believed in our brand, product and services. We have just begun…”
Videocon d2h has launched many firsts in the Indian DTH industry like the first to launch the 4K Ultra HD Channel, 1000 GB High Definition Digital Video Recorder, Radio Frequency Remote for DTH, Wireless DTH Headphones, 500 channels & services.
Your email address will not be published. Required fields are marked *
Notify me of follow-up comments by email.
Notify me of new posts by email.
Sign me up for the newsletter!
Successful E-Mobility from ZF: Speed on the Track, Range in Everyday Traffic
Piaggio celebrates Italian National Day at the Embassy of Italy, New Delhi
9TH EDITION OF HELLO! HALL OF FAME AWARDS 2019
ET EDGE MAHARASHTRA ACHIEVERS’ AWARDS 2019 SUPPORTED BY FEMINA CELEBRATES LUMINARIES FROM ALL WALKS OF LIFE
Discovery Channel to premiere Todd Sampson’s Body Hack 2.0 from 25th March
2014 The Global Indian New Network (TGINN)