Prabhat Telecoms (India) Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,040,000 (47%) | — | ₹530 Cr |
| Retail | — | 1,040,000 (47%) | — | ₹530 Cr |
| Market Maker | — | 120,000 (5%) | — | ₹6 Cr |
| Σ Total | — | 2,200,000 (100%) | — | ₹11,220 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹102,000 |
| Retail (Max) | 13 | 26,000 | ₹1,326,000 |
| S-HNI (Min) | 14 | 28,000 | ₹1,428,000 |
| B-HNI (Min) | 67 | 134,000 | ₹6,834,000 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
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Company Overview
Incorporated in 2007, Prabhat Telecoms (India) Ltd is a part of Prabhat group of companies engaged in design, assemble, and customize import and distribution of mobile handsets, wireless dongles/data-cards, data products and mobile/telecom accessories. Information in this paragraph is copied from chittorgarh.com.
Company sell their mobile handsets under the brand name 'V3' Mobiles and internet data cards & smart phones/tablets, fixed wireless terminal and high end telecom devices under brand name 'Xccess'. They also sell accessories like screen guard, Memory card etc under the brand name 'Platinum'. Prabhat is a distributor of CDMA handsets for TTML for Mumbai Circle. Content in this paragraph is copied from chittorgarh.com.They sell their CDMA product to chain of distributors PAN India through TTML/TTSL corporate tie-ups. They also sell their product through organised retail chain like The Mobile Store, Mobile plus etc and also through 15 online portals.
Prabhat Telecoms major customers includes Tata Teleservices Ltd, Tata Teleservices (Maharashtra) Ltd, Drive India Enterprise solutions Ltd, The Mobile Store Ltd, TVC sky shop Ltd, Shyam Sistema Ltd (MTS), Ominitech Info solution Ltd, Apex corporate services, Armaani Enterprises andNouveau Multimedia Ltd.