OnMobile Global Limited IPO (OnMobile Global IPO) Detail

Jan 24, 2008 - Jan 29, 2008

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:

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 Details

IPO Opening Date	Jan 24, 2008
IPO Closing Date	Jan 29, 2008
Issue Type	Book Built Issue IPO
Face Value	₹10 per equity share
IPO Price	₹425 to ₹450 per equity share
Market Lot	15 Shares
Min Order Quantity	15 Shares
Listing At	BSE, NSE
Issue Size	10,900,545 Eq Shares of ₹10 (aggregating up to ₹479.62 Cr)

OnMobile Global IPO Lot Size

The OnMobile Global IPO market lot size is 15 shares. A retail-individual investor can apply for up to 29 lots (435 shares or ₹195,750).

Application	Lots	Shares	Amount (Cut-off)
Minimum	1	15	₹6,750
Maximum	29	435	₹195,750

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 Subscription Status (Bidding Detail)

The OnMobile Global IPO is subscribed 10.95x times on Jan 29, 2008 17:00. The public issue subscribed 1.31x in the retail category, 17.16x in the QIB category, and 2.63x in the NII category. Check Day by Day Subscription Details (Live Status)

Category	IPO Subscription
Total	10.95x

OnMobile Global IPO Prospectus

› OnMobile Global IPO DRHP
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› OnMobile Global IPO Application Form Download

OnMobile Global IPO Rating

293

3.5

Rating:

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OnMobile Global IPO Listing Date

Listing Date	Tuesday, February 19, 2008
BSE Script Code	532944
NSE Symbol	ONMOBILE
Listing In	B1 Group of Securities
ISIN	INE809I01019
IPO Price	₹440 per equity share
Face Value	₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume

BSE
₹440.00
₹440.00
₹421.00
₹579.90
₹521.90
19,715,341

NSE
₹440.00
₹440.00
₹411.00
₹579.00
₹518.15
2,589,600

OnMobile Global IPO Reviews / Ratings

Emkay Global - Subscribe
S P Tulsian - Avoid
Prabhudas Lilladher Pvt Ltd - Subscribe
KR Choksey Securities Ltd - Subscribe
Business Line - Apply at your own risk
Smart Investments Ltd - Subscribe
Manish Bhatt - Subscribe

Company Contact Information

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

KFintech Private Limited
   KFintech, Tower-B, Plot No 31 & 32,
   Financial District, Nanakramguda, Gachibowli,
   Hyderabad, Telangana India - 500 032.

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

OnMobile Global IPO Lead Manager(s)

Lead Manager Reports

OnMobile Global IPO FAQs

What is OnMobile Global IPO?

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 equity share. The minimum order quantity is 15 Shares.

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

KFintech Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
When OnMobile Global IPO will open?

The OnMobile Global IPO opens on Jan 24, 2008 and closes on Jan 29, 2008.
What is the lot size of OnMobile Global IPO?

OnMobile Global IPO lot size is 15 Shares and the minimum order quantity is 15 Shares.
How to apply for OnMobile Global IPO?

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, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.
When OnMobile Global IPO allotment?

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.
When is OnMobile Global IPO listing date?

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

OnMobile Global IPO Message Board

Ranked Members

401. Pharm80 |Aug 22, 2008 14:16

Very nice site!

400. nick |Jul 28, 2008 14:44

fo1Ty2 hi! hice site!

399. Rahul |Jun 24, 2008 08:56

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 |May 16, 2008 10:00

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 |Apr 25, 2008 11:42

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 |Apr 16, 2008 16:32

Isse behtar share nahi milegaa....

current price 707...

395. Rajesh |Apr 16, 2008 13:25

India Infoline has put buy rating on Onmobile Global; with a target of Rs 845

394. Rajneshwar |Mar 21, 2008 11:28

short term target 850....

accumulate more and more and dont miss the opportunity

393. Dinku |Mar 17, 2008 23:24

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 |Mar 15, 2008 10:34

Can anyone suggest me to Hold Onlobile in the current scenario as the markets are falling . i m holding 1000 shares @ 563

391. shareking |Mar 6, 2008 11:24

if market goes back to 20,000, it will definitely be above rs. 1200

390. MOTABHAI |Mar 1, 2008 12:37

THE STOCK HAS MOVED UP 25% SINCE THIS ANNOUNCEMENT IN RAILWAY BUDGET.

389. MOTABHAI |Mar 1, 2008 12:32

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 |Mar 1, 2008 08:14

today cross 700/- level

387. shareking |Feb 29, 2008 14:01

Mind blowing..... its 650 while market is down more than 450 points....

386. Chota GURU |Feb 29, 2008 10:08

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 |Feb 28, 2008 14:41

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 |Feb 28, 2008 14:33

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 |Feb 28, 2008 11:29

I agree with VN rao.....

Also Tanla is a small player....

All telecom giants are client of Onmobile......

382. VNRAO |Feb 27, 2008 19:06

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.

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