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Company Contact Information
Tulip Telecom Ltd
Registered Office: C-160 Okhla Industrial Area, Phase-I, New Delhi - 110020, New Delhi
Phone: 91-011-66205000/41678001
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.
IPO Details
Issue Money Payable On
Opens On Closes On Application Allotment
09-Dec-2005 15-Dec-2005 ₹ 120.00 ₹ 0.00
Minimum Application for shares in Nos
Minimum Application for shares in Nos : 50.0 Further Multiples of : 50.0
(₹)Cr. Lead Managers to the Issue
Project Cost 0.00 Karvy Investor Services Ltd
Project Financed through Current Offer 108.00
Post Issue Equity Share Capital 29.00
Issue Price ₹120.00
Projects
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
Promoted By
Hardeep Singh Bedi
Maninder Bedi
Listing At
Listing At
BSE
NSE
Registrar to the Issue
Registrar to the Issue
Karvy Computershare Pvt Ltd

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