The company cannot make any forward-looking statement as it is currently in a silent mode.

Internet subscriber base is constantly growing. By 2017 we will reach 49.6 crore from the current 10 crore, Maroo said.

The company's operational flow has been negative for the past couple of years.

"Currently we are in an investment mode for past couple of years and hence our operation flow has been negative (for past couple of years). Once our investment mode is completed, we will be in a much better position. It is for the same reason we raising money through an IPO," he said.

Mid last month, Shemaroo went public with an IPO, which got subscribed 7.37 times for 100-crore issue.

Following the issue, the company got listed on the BSE and NSE on October 1.

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