Dish Media Network ‘DishHome’ To Float IPO Worth Rs 135.84 Crores

July 2, 2023 | Investopaper

Dish Media Network Limited, the company that operates DishHome, is planning to issue an Initial Public Offering (IPO). For this purpose, the company has submitted the application to Securities Board of Nepal (SEBON) on Ashad 12, 2080 BS.

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Earlier, the company had submitted the application to the board on Ashad 30, 2077 BS for the issuance of 23,85,929 shares.

However, the company will now issue 1,35,84,955 shares in the public offering (if approved by SEBON). At a face value of Rs 100, the IPO issue amounts to Rs 135.84 crores.

Dish Media Network Limited has appointed Prabhu Capital Limited as the issue manager for the IPO.

Related: Upcoming Initial Public Offerings (IPO) In Nepal

About Dish Media Network Limited

Dish Media Network Limited operates DishHome, a DTH service provider in Nepal. DishHome, formed in 2010 after  a merger between two DTH providers, namely Home TV and Dish Nepal has its corporate office and Earth Station at Chyasikot, Bhaisepati, Lalitpur.

Dish Media is one of the major operators of Nepal’s broadcast and transmission services industry for High Defination and digital television channels.

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Sandmartin International Holding (SMT)  is a  key shareholder of Dish Media Network Pvt. Ltd. since 2011 and provides expertise in developing new technologies and digital innovations in the satellite broadcasting.

Mr. Sudeep Acharya leads the company as Managing Director and Mr. Hem Raj Dhakal is the Chairman.

DishHome has a nationwide coverage with 80 distributors, 4000+ Sub-Dealers, 1000+ Service Franchise, 20000+ Recharce Card Selling Outlets and 6000+ Technicians.

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