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OnMobile Global Limited IPO (OnMobile Global IPO) Detail

January 24, 2008 - January 29, 2008

OnMobile Global IPO is a book built issue of Rs 479.62 crores.

OnMobile Global IPO bidding started from January 24, 2008 and ended on January 29, 2008. The shares got listed on BSE, NSE on February 19, 2008.

OnMobile Global IPO price band is set at ₹425 to ₹450 per share. The minimum lot size for an application is 15 Shares. The minimum amount of investment required by retail investors is ₹6,750.

Deutsche Equities India Private Limited and ICICI Securities Limited are the book running lead managers of the OnMobile Global IPO, while Kfin Technologies Limited is the registrar for the issue.

Refer to OnMobile Global IPO RHP for detailed information.

OnMobile Global IPO Details

IPO Date January 24, 2008 to January 29, 2008
Listing Date February 19, 2008
Face Value ₹10 per share
Price Band ₹425 to ₹450 per share
Lot Size 15 Shares
Total Issue Size10,900,545 shares
(aggregating up to ₹479.62 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE

OnMobile Global IPO Lot Size

Investors can bid for a minimum of 15 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 15 ₹6,750
Retail (Max) 29 435 ₹195,750
Lot Size Calculator

About OnMobile Global Limited

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.

Objects of the Issue (OnMobile Global IPO Objectives)

The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital to
1. Purchase equipment for company's office at Bangalore, Mumbai, Delhi and various customer sites;
2. Achieve the benefits of listing;
3. To meet the expenses of the Issue;
4. To meet the long term working capital requirements of the Company.
5. General corporate purposes.


OnMobile Global IPO Subscription Status (Bidding Detail)

The OnMobile Global IPO is subscribed 10.95 times on January 29, 2008 5:00:00 PM. The public issue subscribed 1.31 times in the retail category, 17.16 times in the QIB category, and 2.63 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

CRISIL IPO Grade:

OnMobile Global Ltd. (OGL) IPO has been graded by CRISIL Limited as CRISIL IPO GRADE 4/5, indicating that the fundamentals of the issue are above average relative to other listed equity securities in India.

OnMobile Global IPO Prospectus

OnMobile Global IPO Rating

293
3.5
Rating:Rated 3.5 stars
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OnMobile Global IPO Listing Details

Listing Date February 19, 2008
BSE Script Code 532944
NSE Symbol ONMOBILE
ISIN INE809I01019
Final Issue Price ₹440 per share

Pre-Open Session - NSE Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE
₹440.00
₹440.00
₹421.00
₹579.90
₹521.90
NSE
₹440.00
₹440.00
₹411.00
₹579.00
₹518.15

Check IPO Performance…

OnMobile Global Limited Contact Details

OnMobile Global Limited
26, Bannerghatta Road,J P Nagar,
3rd Phase,
Bangalore - 560076 India
Phone: +91-8041-802500
Email: investors@onmobile.com
Website: http://www.onmobile.com

OnMobile Global IPO Registrar

Kfin Technologies Limited

Phone: 04067162222, 04079611000
Email: einward.ris@karvy.com
Website: https://kosmic.kfintech.com/ipostatus/

OnMobile Global IPO - Buy or Not

OnMobile Global IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 6 0 1
Members 0 0 0

Read All Reviews Post Your Review Manage Reviews

OnMobile Global IPO FAQs

OnMobile Global IPO is a main-board IPO of 10,900,545 equity shares of the face value of ₹10 aggregating up to ₹479.62 Crores. The issue is priced at ₹425 to ₹450 per share. The minimum order quantity is 15 Shares.

The IPO opens on January 24, 2008, and closes on January 29, 2008.

Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

The OnMobile Global IPO opens on January 24, 2008 and closes on January 29, 2008.

OnMobile Global IPO lot size is 15 Shares, and the minimum amount required is ₹6,750.

You can apply in OnMobile Global IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for OnMobile Global IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the OnMobile Global IPO allotment status.

The OnMobile Global IPO listing date is on February 19, 2008.
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OnMobile Global IPO Message Board

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401 Comments

401. Pharm80 |   Link |  Bookmark |August 22, 2008 2:16:28 PM
Very nice site!
400. nick |   Link |  Bookmark |July 28, 2008 2:44:42 PM
fo1Ty2 hi! hice site!
399. Rahul |   Link |  Bookmark |June 24, 2008 8:56:31 AM
Hi all, I bought nearly 150 onmobile global shares @630, looks like everyday market is seeing new lows, is it a wise decision if I sell these now to avoid further loss, or, should I keep it for some more time to avoid the loss? Thanks in advance..
398. don |   Link |  Bookmark |May 16, 2008 10:00:09 AM
OnMobile acquires French firm Telisma SA.

check out

http://www.topnews.in/onmobile-global-acquires-100-stake-telisma-sa-france-241964
http://www.business-standard.com/common/click_track.php?act=news_now&var=37650
http://www.forbes.com/markets/feeds/afx/2008/05/15/afx5012761.html
http://www.myiris.com/newsCentre/newsPopup.php?fileR=20080515164336130&dir=2008/05/15&secID=livenews
http://www.hemscott.com/news/latest-news/item.do?newsId=64220498626046
TFN NEWS BRIEFING: Mergers and acquisitions highlights to 15:50 BST


keep buying.. expecting few more surprises in near term..
397. don |   Link |  Bookmark |April 25, 2008 11:42:02 AM
airtel results are out and they are good. OnMobile is a major partner for Airtel. this will be pre indicator that onmobile results will be good. keep buying.
396. Shareking |   Link |  Bookmark |April 16, 2008 4:32:04 PM

Isse behtar share nahi milegaa....

current price 707...

395. Rajesh |   Link |  Bookmark |April 16, 2008 1:25:07 PM
India Infoline has put buy rating on Onmobile Global; with a target of Rs 845
394. Rajneshwar |   Link |  Bookmark |March 21, 2008 11:28:49 AM

short term target 850....

accumulate more and more and dont miss the opportunity
393. Dinku |   Link |  Bookmark |March 17, 2008 11:24:21 PM
Ref:390. Jaudasi
Hey have u borrowed the money or it is yours?
if its your then forget it till may or if you are paying interest on it then square and move out later buy @450 because its going to touch that level soon.

Happy Trading
392. Jaudasi |   Link |  Bookmark |March 15, 2008 10:34:25 AM
Can anyone suggest me to Hold Onlobile in the current scenario as the markets are falling . i m holding 1000 shares @ 563
391. shareking |   Link |  Bookmark |March 6, 2008 11:24:15 AM

if market goes back to 20,000, it will definitely be above rs. 1200
390. MOTABHAI |   Link |  Bookmark |March 1, 2008 12:37:31 PM
THE STOCK HAS MOVED UP 25% SINCE THIS ANNOUNCEMENT IN RAILWAY BUDGET.
389. MOTABHAI |   Link |  Bookmark |March 1, 2008 12:32:45 PM
Since railway budget has introduced to sell railway tickets throgh mobile phone, it has been a great +ve for the stock as this company has no other competetor to provide for this value added service
388. sonam |   Link |  Bookmark |March 1, 2008 8:14:29 AM
today cross 700/- level
387. shareking |   Link |  Bookmark |February 29, 2008 2:01:55 PM

Mind blowing..... its 650 while market is down more than 450 points....
386. Chota GURU |   Link |  Bookmark |February 29, 2008 10:08:49 AM
Excellent quartely results.. EPS for this quarter is 5 rupees. The committed EPS for the anual is 13 RS. At the end of this quarter itself the EPS is 11 RS. Expecting higher EPS at the end of this year..

Grab the stocks..
385. MOTABHAI |   Link |  Bookmark |February 28, 2008 2:41:00 PM
tanla is trading at a P/E multiple of 20 and onmobile at P/E multiple of 60 so how can it be comparable at Rs.1625 to current market price of tanla. I think at P/E of 60 its already an expensive stock but I still maintain a hold till 800 for booking part profit. Most of Tanla earnings are from U.S. that's why its trading at lower P/E, while most of onmobile's earning are domestic and a bit from Europe. Hence HOLD
384. New commer |   Link |  Bookmark |February 28, 2008 2:33:44 PM
A crucial level to watch for OnMobile Global would be Rs 525, says Prakash Gaba, technical anlayst, on CNBC-TV18. Currently it is in the sell mode, but it should hold to Rs 525, he says. If it does not, then it can fall much lower, he adds. The stock has listed recently; its issue price was Rs 440 per share
383. shareking |   Link |  Bookmark |February 28, 2008 11:29:49 AM

I agree with VN rao.....

Also Tanla is a small player....

All telecom giants are client of Onmobile......
382. VNRAO |   Link |  Bookmark |February 27, 2008 7:06:14 PM
Tanla solutions is Rs.2/- paid trading at around Rs.650 Rs.10/- paid up comes to Rs.3,250/-. Giving 50% valuation of Tanla, onmobile should trade at 1,625/-. Hope we will see the rate in a couple of months if sensex is at 20k.