MobME Wireless Solutions Ltd - IPO

MobME Wireless Solutions Ltd IPO Details

Public issue of 705,600 equity shares of face value of Rs. 10 each for cash at a price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share) aggregating upto Rs. [*] crores (The Issue) by the company, of which 35,400 equity shares of Rs. 10 each will be reserved for subscription by Market Makers to the issue (Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. issue of 35,400 equity shares of Rs. 10 each is hereinafter referred to as the Net Issue. The issue and the net issue will constitute 25% and 23.75%, respectively of the post issue paid up equity share capital of the company.

Objective of issue

Acquisition of land& const. of software Prod. unit. Procuring computers, peripherals for software unit. Procurement of crypto SIM cards from Gemalto Digi.. License fee to Valimo Wireless Oy. Procurement of Mobile Digital Signature certifi.. Procurement of 4,000 mobile phones. General corporate purposes.

MobME Wireless Solutions Ltd Contact Details

MobME Wireless Solutions Ltd, E-2/3 Ansa Indl Est, Saki Vihar Road, Sakinaka Andheri(E), Mumbai - 400072

Phone - 91-22-40430200/28470652

Fax - 91-22-28475207

Email - investors@mobme.in

Website - www.mobme.com