DishHome (Dish Media Network Ltd) — IPO & FY2023–24 Financial Summary
Summary: DishHome (Dish Media Network Limited) has applied to issue an IPO through SEBON. Below are the publicly available IPO details, business overview, and a concise summary of FY2023 and FY2024 financial highlights gathered from public sources.
IPO Details
- Proposed number of shares: 13,584,955 shares
- Face value per share: NPR 100
- Total at face value: NPR 135,849,550 (≈ NPR 135.85 million)
- Issue manager: Prabhu Capital Limited
- Status: Applied to SEBON — applicants should check SEBON notices and the final prospectus for updates and exact IPO calendar (subscription dates, allotment, listing date).
Business overview
DishHome is a major Direct‑to‑Home (DTH) television operator in Nepal. The company also offers fixed broadband under the DishHome Fibernet brand and related services such as set‑top box distribution, recharge services, and technical installation and support. Its distribution network includes dealers, sub‑dealers, franchisees and recharge outlets across Nepal.
Financial highlights (FY2023–FY2024)
Below are the key figures and observations based on publicly available reports. These are summaries and not a substitute for the audited financial statements. Investors should review the company's audited financial statements in the IPO prospectus before making investment decisions.
Metric | FY 2023 | FY 2024 (reported/approx) |
---|---|---|
Revenue (approx) | Not fully published; signs of slowing growth | ~NPR 5,170 million (reported social post; ~1.13% growth YoY) |
Growth | Low / flat; margins under pressure | Very small growth (~1.13%) |
Margins | Sharp decline reported due to high fixed costs and strong dealer incentives | Margins remained under pressure; detailed P&L not publicly shown |
Profitability | Net profit squeezed; CARE Ratings revised outlook citing margin stress | Not publicly disclosed in full — check prospectus |
Debt / Bank facilities | Company has bank facilities; CARE updated ratings reflecting risks | Debt details should be verified in the prospectus and audited accounts |
Key risks for investors
- Margins under pressure from high fixed costs and distributor incentives.
- Competition from other content and streaming services which may affect subscriber growth.
- Capital allocation and how IPO proceeds will be used (debt repayment vs. expansion) — check prospectus.
- Regulatory and technological changes in broadcast and internet services.
How to check official documents & apply
- Watch for the SEBON public notice for Dish Media Network Ltd (SEBON's website).
- Read the final IPO prospectus — it contains audited financials, use of proceeds and the exact IPO calendar.
- Apply via your broker / bank in the IPO subscription window when announced.
Disclaimer
This post is for informational purposes only and does not constitute investment advice. It does not replace reading the company's official prospectus or consulting a licensed financial advisor. Verify all figures from the final prospectus and SEBON notices before applying.
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