Thursday, January 24, 2008

OnMobile Global Limited IPO


GENERAL INFORMATION :

Public Issue Open on

Thursday, January 24, 2008.

Public Issue closes on

Tuesday, January 29, 2008

Public Issue Price band

Rs. 425/- to Rs. 450/- Per Equity Share

Public Issue Size

10,900,545 Equity Shares

Minimum Order Quantity

15 Shares

Registrar

Karvy Computershare Private Limited

Ph: +91-40-2342 0818

Lead Manager

1).ICICI Securities Limited

2).Deutsche Equities Private India Limited

Face Value

Rs. 10/-

GRADING :

CRISIL IPO

4/5

MONEY CONTROL IPO GRADE

4/5

EXPERT’S VIEW:

RS LYER

APPLY

MANISH BHATT

APPLY

SP TULSIAN

DON’T APPLY

Onmobile has a promising future in VAS . Investors with 2-yr horizon can subscribe to the issue :ET Investor’s Guide , Ranjit Shinde

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Subscribe to OnMobile Global IPO: Emkay

FUTURE PLAN :

Speaking to CNBC-TV18, Arvind Rao , MD & CEO, OnMobile Global said promoters will hold a significant part of the company .


There are three primary purposes for user proceeds.

1)…They plan to build some more R&D centers and hire much more engineers to expand our team.

2)… The company also plans to expand internationally

3)… OnMobile Global is looking for for inorganic growth acquisitions.

It is opening an office in London and are also planning to open an office in the US.

MORE ON ONLINE MOBILE:

  • The company operates in the value-added services of the telecom sector.

  • It provides software & hardware interface to mobile operator to help them collate content from provider .

  • The company operates a consumers VAS portal to provide a ringtones, ring-back tone , horoscope, information on cricket etc etc…

  • The company generates over 10 % of its revenue from exports .

  • It provides service to operators in Australia , Malaysia , Indonesia & Bangladesh.

  • The company doesn’t have any have listed peers in the strict sense , TANLA SOLUTION which offers content aggregation services to mobile operators , trades at an earning multiply of about 24 .

  • Onmobile is in the growth phase as its riding on the momentum in the mobile services space ..

ONM0BILE DASHBOARD.

Total Subscribers Reached

326 million.

Total No. of Unique Users

181 million

Calls Handled in Dec '07

4.7 billion

Unique Users in Dec '07

28 million

Phone Backup users

22 million

AWARDS:

1 ) Deloitte Technology Fast50 India 2007 Awards.

2) V&D100 Best M-VAS Company 2007 Award.


ONMOBILE PARTNERS LIST :



ONMOBILE CUSTOMERS LIST :






I AM NOT GIVING ANY VIEW OF MINE ….

I AM JUST PROVIDING YOU THE INFORMATION

COLLECTED FROM VARIOUS SOURCE …..

LISTEN TO EVERYONE BUT,

DO WHAT YOUR MIND SAYS”…..

ALL THE BEST & GO AHEAD..

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