| Tulip Telecom Ltd |
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| Registered Office: C-160 Okhla Industrial Area,Phase-I,New Delhi-110020, New Delhi |
| Tel. No: 91-011-66205000/41678001 |
| Fax No: 91-011-41678002 |
| Email: jagdish.patra@tulip.net |
| Website: |
| Public Issue of 90,00,000 Equity Shares of Rs. 10/- each for cash at a price of Rs. 120 per equity share aggregating Rs. 108 crores by Tulip IT Services Limited ("the company" or "issuer") (hereinafter referred to as the "issue") comprising 9,00,000 equity shares of Rs.10/- reserved for eligible employees of the company and a net offer to public of 81,00,000 equity shares of Rs. 10/- each. The issue would constitute 31.03% of the fully diluted post issue paid up capital of the company. The net offer to the public would constitute 27.93% of the fully diluted post issue paid up capital of the company. The Issue price is 12 times of the face value. |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | Allotment |
| 09-Dec-2005 | 15-Dec-2005 | ₹120.00 - 0.00 | ₹0.00 - 0.00 |
| Minimum Application for shares in Nos : 50 | Further Multiples of :50 |
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| (₹ Cr) | Lead Managers to the Issue | |
|---|---|---|
| Project Cost | 0.00 | Karvy Investor Services Ltd |
| Project Financed through Current Offer | 108.00 | YES Bank Ltd |
| Post Issue Equity Share Capital | 29.00 | |
| Issue Price | 120.00 |
| Projects |
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| To expand IP/VPN Wireless Business |
| To expand network coverage to 130 cities |
| Improve capab. to provide data voice over IP/Video |
| Promoted By |
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| Hardeep Singh Bedi |
| Maninder Bedi |
| Listing At |
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| BSE |
| NSE |
| Registrar To The Issue |
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