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Fatpipe Networks India Limited IPO

  
Jun 07, 2010 - Jun 09, 2010      

Fatpipe Networks India Limited, owned by DR. RAGULA BHASKAR, is the inventor and multiple patents holder of technology that provides the highest levels of WAN optimization, reliability, security, and bandwidth management.

Fatpipe's core technology, router clustering, involves patented and patent-pending methods that provide the highest levels of optimization, reliability, security and acceleration of Wide Area Networks (WANs) and enable high-speed data transfer through multiple lines, multiple ISPs, and backbones over WANs with seamless reassembly of data streams. Fatpipe technology affords companies, that run mission critical WAN applications over any type of infrastructure, automatic and dynamic failover of a downed data line due to a WAN component, line or service failure.

Company holds 7 patents on a technology called "Router-Clustering," which enables customers to obtain highly redundant and fast Internet/WAN access. FatPipe sells its products worldwide through a network of 2 authorized distributors and over 500 resellers. FatPipe is proposing to expand its operations to China, Singapore, South Africa, Kenya, Nigeria, Argentina, Belgium, Germany, France, Eastern Europe and Australia. Fatpipe will be setting up a wholly owned subsidiary in the US to expand US operations and to solicit government business.

Objects of the Issue:

The object of the issue are:

1. To expand the product line with enhanced R&D;
2. To establish 16 marketing Offices across the globe;
3. For strategic acquisition of business / company;
4. To meet margin money for working capital require;
5. To meet the Public Issue Expenses;
6. General corporate purposes.

Issue Detail:

  »»  Issue Open: Jun 07, 2010 - Jun 09, 2010
  »»  Issue Type: 100% Book Built Issue IPO
  »»  Issue Size: Equity Shares of Rs. 10
  »»  Issue Size: Rs. 49.00 Crore
  »»  Face Value: Rs. 10 Per Equity Share
  »»  Issue Price: Rs. 82 - Rs. 85 Per Equity Share
  »»  Market Lot: 70 Shares
  »»  Minimum Order Quantity: 70 Shares
  »»  Listing At: BSE, NSE

Fatpipe Networks India Ltd IPO Grading / Rating

Brickwork Ratings India Pvt. Ltd has assigned an IPO Grade 2 to Fatpipe Networks IPO. This means as per Brickwork, company has below average fundamentals. Brickwork assigns IPO gradings on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals.

Check IPO Ratings from other stock analysts.

IPO Notices

Attn Members: Book Running Lead Manager to the issue has informed the Exchange that the Book Building issue of Fatpipe Networks India Limited has been withdrawn.

Bidding Status (IPO subscription detail):

Number of Times Issue is Subscribed (BSE + NSE)
As on Date & TimeQualified Institutional Buyers (QIBs)Non Institutional InvestorsRetail Individual Investors (RIIs)Total
Shares Offered / Reserved 2,987,805  896,341  2,091,464  5,975,610 
 Day 1 - Jun 07, 2010 17:00 IST 0.6289  0.0000  0.0250  0.3200 
 Day 2 - Jun 08, 2010 17:00 IST 0.6289  0.0000  0.0439  0.3300 
 Day 3 - Jun 09, 2010 17:00 IST 0.8485  1.5218  0.2217  0.7100 
 Day 4 - Jun 14, 2010 17:00 IST 0.9400  2.1200  0.2500  0.8800 

Fatpipe Networks India Limited IPO Alerts

1. Monday, June 07, 2010 10:18:21 AM

2. Monday, May 31, 2010 11:50:50 PM

IPO Rating


162
3.2
Rating:Rated 3.2 stars

Vote Here ...

IPO Listing Detail

Listing Date:
BSE Scrip Code:
NSE Symbol:
Listing In:
Sector:
ISIN:
Issue Price:
Face Value:Rs. 10.00 Per Equity Share

Listing Day Trading Information

Fatpipe Networks India Limited IPO Links

Company Contact Information

Registered Office :
    3rd Flr Northern Wing Greams,
    Dugar No.68 Greams Road,
    Chennai - 600006, Tamil Nadu, India
Phone: 91- 44 - 28291265
Fax: 91 - 44 - 28291255
Email: sanch@fatpipeinc.com
Website: http://www.fatpipe.com

Registrar of the Issue

Karvy Computershare Private Limited
   Karvy House, 46, Avenue 4, Street No. 1,
   Banjara Hills, Hyderabad - 500 034
   Andhra Pradesh, India

Phone: +91-40-23312454
Fax: +91-40-23311968
Email: mailmanager@karvy.com
Website: http://karisma.karvy.com

Book Running Lead Manager(s)

Fatpipe Networks India Limited IPO Message Board

Please Note: All views and opinions expressed in reader comments are solely those of the individual submitting the comment, and not those of the Chittorgarh.com or its staff.
95. mary     Jun 15, 2010 10:37:23 PM IST  Report Spam!  
aggressive pricing was the nemesis of fatpipe.
they got what they deserved.
same shud've been the fate of ntpc,sjvnl etc. etc.

94. rakesh     Jun 15, 2010 9:37:51 PM IST  Report Spam!  
ASHISH THANKYOU VERY MUCH

93. Ashish     Jun 15, 2010 5:59:04 PM IST  Report Spam!  
To Rakesh

When u sell the confirm share @6 Rs. premium then settlement will be on 100 + 6= 106 Rs. price
No matter the share has been issued to you on 95 or less or whatever rate

If u sell the share(subject to) then the discount will go to the buyer
means the settlement will be on 95 +6 = 101 Rs.

Hope it helps.

Ashish

92. VIRU PLUS      Jun 14, 2010 11:09:05 PM IST  Report Spam!  
fat pipe withdrawn good luck to retail investors now what to do with parabolic drugs i think they will have to drug manager to sail the issue as done by standard

91. rakesh     Jun 14, 2010 7:50:29 PM IST  Report Spam!  
FATPIPE FAAT GAYA. PARABOLIC KO PARALYSIS HO GAYA.

90. rakesh     Jun 14, 2010 7:22:59 PM IST  Report Spam!  
SOMEBODY PL. ADVISE ME. IF I SELL 100 SHARES IN GREYMARKET @PREMIUM 6/- ,GENERAL ALLOTMENT BEING AT RS 100/-(RS95/-FOR ME, BEING RETAIL INVESTOR) , MARKET RATE SETTLMENT AT RS 110/-,HOW MUCH I HAVE TO PAYUP ?

89. Gane     Jun 14, 2010 7:20:32 PM IST  Report Spam!  
Rakesh,

It is useless to give subscription rate of such a waste IPOs. Thats why we are not seeing any subscription figures. Probably, nobody will talk about parabolic drugs also. See todays retail subscription. its 0.000

Gane.

88. RAKESH     Jun 14, 2010 7:14:28 PM IST  Report Spam!  
WHY DID THIS SITE STOP GIVING SUBSCRIPTION DETAILS AFTER DAY 3 ?

87. BROKERS LOOT     Jun 14, 2010 6:30:55 PM IST  Report Spam!  
retail investors keep it up you have again done it , let those waiting for the ipo to launch that retail should get 10 profit

86. VIRU PLUS      Jun 14, 2010 3:32:46 PM IST  Report Spam!  
0.O87% AT 3 PM I THINK USKA PIPE FATA REDUSING RS 2 IS SMALL AMOUNT I THINK THE EMPLOYEE SHOULD LEAVE THE COMPANY AS IT WILL SURFER DUE TO IPO LISTING LOSS

85. anil kumar khunteta     Jun 14, 2010 1:58:14 PM IST  Report Spam!  
IPO withdrawn. iszat bach gayi

84. binns     Jun 12, 2010 10:19:38 PM IST  Report Spam!  
Stop giving these messages again and again and again, live in the present

83. sanjay     Jun 11, 2010 6:47:22 PM IST  Report Spam!  
application withdrawn first subscription on 11.06.2010 at 4.00 pm was 0.93x now at 5.00 pm its 0.87x

82. Gane     Jun 11, 2010 5:10:46 PM IST  Report Spam!  
I think this IPO will sail through this time. It is already 0.92 times subscribed. One more day to go for the closing.

Gane.

81. Rakesh Jain     Jun 11, 2010 2:07:05 PM IST  Report Spam!  
Why we should apply for Fat Pipes IPO at PE of 15-16 and PB of 3 whereas in the same industries Micro Tech is available at PE of 3 and PB of 0.6.. otherwise friends keep watch on relisiting of companies like "GYAN DEV" huge realty against small equity. upper circut of 20%.

80. Fatichar co.     Jun 11, 2010 2:01:14 PM IST  Report Spam!  
Hi phatay pipe uper nehay both side say bah raha hi,how same ha ha ha.

79. BROKERS LOOT     Jun 10, 2010 6:47:16 PM IST  Report Spam!  
BROKERS SOLD ITC AT 290 WITH THE NEWS OF DIVIDEND AND TODAY ON 9 JUNE ITC IS RS 277 EX DIVDENT IE RS 10 LESS GOOD LUCK PL WAIT FOR RS 290 PRICE PLUS BROK AGE AND INTEREST (AT 8 % ) RS 23.8 + RS .60 +RS 290 = 314.4 ) ADD 10% PROFIT =346 AT 350 YOU WILL EARN PROFIT BY THAT TIME ITC WILL BE RS 250 DUE TO BUDGET NEWS GOOD LUCK

78. Pankaj Jain     Jun 10, 2010 6:24:29 PM IST  Report Spam!  
Gane,

I think You will get the dividend.
Bcoz, U purcahsed on 7th n it get executed on nse/bse same day.
Normally it does take some days to get reflect in ur demat a/c.
so, be happy u will surely get.

77. Gane     Jun 10, 2010 4:47:28 PM IST  Report Spam!  
Dear Sreedhar,

I bought ITC shares (last week) and made my transactions (cheque cleared) on 7th. But the shares came to my dmat account on 9th. Now I am not very sure whether I still get dividend as ex-dividend is on 9th june? If not, then I am lost some money in this scrip. Let me know about it.

Thanks in advance.
Gane.

76. Harsh khandelwal     Jun 10, 2010 4:32:24 PM IST  Report Spam!  
fat pipe ki ipo date 14 june 2010 kar di gayi hai

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