• SENSEX 76,661.93
    -93.12 (--0.12%)
  • BANKNIFTY 57,126.80
    -708.55 (--1.23%)

IPO

Explore our secure online trading, IPO bidding, mutual fund investments, and depository services, all designed to provide seamless transactions, expert insights, and real-time market access for smart investing

Tulip Telecom Ltd

Tulip Telecom Ltd

    Registered Office : C-160 Okhla Industrial Area,Phase-I,New Delhi New Delhi 110020 Phone : 91-011-66205000/41678001
    Fax : 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

Opens On

Closes On

09-Dec-2005

15-Dec-2005

Money Payable On

Application

Allotment

120.00

0.00

Minimum Application for shares in Nos : 50.0 Further Multiples of : 50.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

0.00

108.00

29.00

120.00

Karvy Investor Services Ltd

YES Bank Ltd

Projects
  • To expand IP/VPN Wireless Business
  • To expand network coverage to 130 cities
  • Improve capab. to provide data voice over IP/Video
Promoted By
  • Hardeep Singh Bedi
  • Maninder Bedi
Listing At
  • BSE
  • NSE
Registrar to the Issue
  • Karvy Computershare Pvt Ltd