OnMobile Global IPO
OnMobile Global IPO — date, price band, lot size & details 2008
OnMobile Global listed on 19 Feb 2008 at ₹440, flat to the ₹440 issue price.
OnMobile Global is a Bangalore based provider of telecom value added software products and services, such as ringback tunes and mobile content, to mobile operators. Its total income was Rs 141.20 crore in FY2007.
Stock price
OnMobile Global is listed — here is the live share price.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Timetable
Key dates from opening to listing. Today is 12 November.
- Open 24 Jan 2008
- Close 29 Jan 2008
- Allotment 08 Feb 2008
- Refund/credit TBA
- Listing 19 Feb 2008
Issue summary
The terms of the offer, as filed.
| IPO Dates | 24 to 29 Jan, 2008 |
|---|---|
| Price Band | ₹425 – ₹450 |
| Face Value | ₹10 |
| Lot Size | 15 Shares |
| Issue Size | ₹479.62 Cr |
| Sale Type | Fresh capital cum OFS |
| Listing On | BSE, NSE |
| Registrar | KFin Technologies Limited |
| Min Investment | ₹ 6,600 |
Share of the offer set aside for each investor category, as stated in the offer document.
What will it cost me?
Bidding is in multiples of 15 shares at the ₹440 cut-off. Drag to size your application.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 15 | ₹6,600 |
| Retail (max) | 30 | 450 | ₹1,98,000 |
| S-HNI (min) | 31 | 465 | ₹2,04,600 |
| S-HNI (max) | 151 | 2,265 | ₹9,96,600 |
| B-HNI (min) | 152 | 2,280 | ₹10,03,200 |
Strengths & risks
Drawn from the offer document — the case for and against, side by side.
Strengths · 4
- 01Total income rose from Rs 41.09 crore in FY2005 to Rs 141.20 crore in FY2007, and was Rs 116.30 crore in six months to September 2007.
- 02Profit after tax rose from Rs 14.02 crore in FY2005 to Rs 34.94 crore in FY2007, and was Rs 30.52 crore in six months to September 2007.
- 03Net worth rose from Rs 19.81 crore in FY2005 to Rs 222.01 crore on 30 September 2007.
- 04Return on equity was 28% and return on capital employed was 42%.
Risks · 5
- 01A few major carrier customers made up more than 80% of its revenue, as the prospectus disclosed.
- 02Rs 180.52 crore of the issue was for equipment at offices and customer sites.
- 03Rs 133.93 crore was set aside for general corporate purposes.
- 04Rs 100.64 crore of the issue went to selling shareholders.
- 05Promoter holding fell from 76.55% before the issue to 57.53% after it.
Three years of numbers
All figures in ₹ crore, as reported in the OnMobile Global offer document.
| Metric | 30 Sep 2007 | 31 Mar 2007 | 31 Mar 2006 | 31 Mar 2005 |
|---|---|---|---|---|
| Total Income | 116.30 | 141.20 | 82.73 | 41.09 |
| Profit After Tax | 30.52 | 34.94 | 24.68 | 14.02 |
| NET Worth | 222.01 | 164.34 | 44.59 | 19.81 |
See how this IPO compares — view listing performance of all mainboard IPOs.
Valuation & key ratios
Ratios are for the latest full financial year reported in the OnMobile Global RHP.
Where the money goes
₹354.45 Cr of the issue is earmarked to named objects.
About the company
It is a provider of telecom value added software products and services in India, with a growing presence in emerging markets in Asia.
Its products are aimed at telecom subscribers and draw on the convergence of wireless and wireline services, media content distribution, internet, mobile marketing and mobile commerce.
The IPO was Rs 479.62 crore, with Rs 378.99 crore of fresh issue and Rs 100.64 crore of offer for sale, at Rs 440, inside the Rs 425 to Rs 450 band. The fresh money was mainly for equipment for its offices and customer sites, repaying a loan and general purposes.
Interested in this IPO? Check the live subscription status or browse all upcoming mainboard IPOs.
The bankers & the filings
Who is running the book, and the documents this page is built from.
OnMobile Global IPO Documents
Read the filings this page is built from.
Lead Manager Track Record
How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.
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Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.
Company contact
Frequently asked
What is the GMP of OnMobile Global?
The current Grey Market Premium is ₹0.
What is the OnMobile Global IPO price band?
₹425 to ₹450, on a face value of ₹10.
When is the allotment?
The basis of allotment is 8 February 2008, with listing on 19 February 2008.
How do I check allotment status?
On the IPO Guru allotment page or on the registrar's site — KFin Technologies Limited.
Every number here traces back to a filing.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Every number on this page is sourced from the RHP, BSE & NSE.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
