onMobile Global Limited has recently filed its DRHP with SEBI for an Initial Public Offering (IPO) of 10,900,545 equity shares of Rs 10 each for an premium to be decided later through the book building process. The issue would constitute 18.99% of the fully diluted post paid up capital of the company.
From the funds raised from the Onmobile Global IPO the company intends to use them for
Purchase of equipment for company offices at Bangalore, Mumbai,Delhi and at various customer locations.
Meet working capital requirements.
Repayment of Loan
Fund expenditure for general corporate purposes.
Book running lead managers to the onmobile Global IPO is Deutshe Equities India Private Limited and ICICI Securities Private Limited and the Registrar for the onMobile IPO is Karvy Computershire Private Limited and post IPO the onmobile listing would be on Bse and Nse stock exchanges.
3 comments ↓
when is the onmobile ipo expected??
i mean any tentitive dates
Ram > No tentatives date yet because the company has not yet received the approval from SEBI. Hopefully we can expect in Jan end of 2008
What are the steps follows the IPOs, for retailer Share holders, how to allotted the IOPs, and minimum apply of Share value (value and no of shares),
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