The objects of the issue are to raise financial resources for:1) Setting up complete Digital Headend and network for implementation of Conditional Access System (CAS) to convert from the present Analog system to distribution to a Digital System.2) Setting up network for complete IPTV solution3) Setting up of own cable distribution (underground optical fibre) network capable of digital transmission throughout Agra City and adjoining areas.4) Setting up own 20 branch-offices in the city including in the adjoining areas with required infrastructure for receiving digital signals and re-transmitting the same without much value addition through co-axial cables to individual customers/subscribers.5) Creating a public trading market for the Equity Shares of the Company by listing them on the Stock Exchanges.6) Meeting the expenses of the issue