Lytus Technologies Holdings PTV. Ltd.

Lytus Technologies Holdings PTV. Ltd. (LYT) priced its initial public offering on Jun 16, 2022 at $4.75 per share, within its $4.75–$6.75 range, raising $12.4M. At the IPO price its market capitalization was about $174.6M. Pryor Cashman and Pandya Juris advised the company and Sichenzia Ross Ference Carmel advised the underwriters.

Lytus Technologies Holdings PTV. Ltd. is a platform services company providing content streaming and telecasting services to over 8 million active users across India. Its platform, reached through set-top boxes and customer premises equipment, also offers telemedicine services supported by local Health Centers.

Status

IPO

Ticker

LYT

Priced

Jun 16, 2022

IPO price

$4.75

Price range

$4.75–$6.75

Raised

$12.4M

Market cap at IPO price

$174.6M

First filed

Apr 1, 2021

Company counsel

Pryor Cashman and Pandya Juris

Underwriters' counsel

Sichenzia Ross Ference Carmel

Sector

Technology

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.