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OnMobile Global IPO IPO

Mainline24 Jan 200829 Jan 2008
Open
24 Jan 2008
Close
29 Jan 2008
3
Allotment
Listing
Tue, Feb 19, 2008
Price Band
₹425 to ₹450
Issue Size
1,09,00,545 shares (agg. up to ₹480 Cr)
Lot Size
15 Shares
Listing Date
Tue, Feb 19, 2008
✦ AI Insight

Live Subscription

CategorySubscription (times)
Total10.86x

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Purchase equipment for the offices at Bangalore, Mumbai and Delhi and various customer site180.52
2Working Capital Requirements5.00
3Repayment of loan35.00
4General Corporate Purposes133.93
Total354.45

About OnMobile Global IPO

Incorporated in 2000, OnMobile Global Limited is a leading provider of telecommunications value added software products and services in India.OnMobile products are targeted at end-user telecommunications with an increasing focus on capitalising on the convergence between wireless and wired line telecommunications services, media content distribution, internet, mobile marketing and mobile commerce. They have broad range of applications for their end-user subscribers. Products include ring back tones, voice portals, ring tones downloads, contests, music messaging, mobile radio, dynamic voicemail and missed call alerts.OnMobile’s major customer includes Bharti, BSNL, Tata Teleservices Limited, Vodafone Essar Limited and more than 10 international telecommunications operators in eight countries. In addition to telecommunications carriers, OnMobile market its services to media companies such as AOL, Disney, ESPN, India Today Group digital, a division of Living Media India Ltd., Star, handset manufacturers such as Nokia and other large corporations.+ Read More

Contact Details

OnMobile Global Ltd. Address26, Bannerghatta RoadJ P Nagar3rd PhaseBengaluru, Karnataka, 560076+91-8041-802500investors@onmobile.comVisit Website