OnMobile Global Limited IPO

Incorporated in 2000, OnMobile Global Limited is a leading provider of telecommunications value added software products and services in India.

OnMobile products are targeted at end-user telecommunications with an increasing focus on capitalising on the convergence between wireless and wired line telecommunications services, media content distribution, internet, mobile marketing and mobile commerce. They have broad range of applications for their end-user subscribers. Products include ring back tones, voice portals, ring tones downloads, contests, music messaging, mobile radio, dynamic voicemail and missed call alerts.

OnMobile’s major customer includes Bharti, BSNL, Tata Teleservices Limited, Vodafone Essar Limited and more than 10 international telecommunications operators in eight countries. In addition to telecommunications carriers, OnMobile market its services to media companies such as AOL, Disney, ESPN, India Today Group digital, a division of Living Media India Ltd., Star, handset manufacturers such as Nokia and other large corporations.

CRISIL IPO Grade:

OnMobile Global Ltd. (OGL) IPO has been graded by CRISIL Limited as CRISIL IPO GRADE 4/5, indicating that the fundamentals of the issue are above average relative to other listed equity securities in India.

Objects of the Issue:

The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital to
1. Purchase equipment for company's office at Bangalore, Mumbai, Delhi and various customer sites;
2. Achieve the benefits of listing.;
3. To meet the expenses of the Issue;
4. To meet the long term working capital requirements of the Company.
5. General corporate purposes.

OnMobile Global Limited IPO Information

»» Public Issue Open : January 24, 2008 to January 29, 2008
»» Public Issue Type : 100% Book Built Issue (Initial Public Offer IPO)
»» Public Issue Size: 10,900,545 Equity Shares of Rs. 10/-
»» Face Value: Rs. 10/-
»» Public Issue Price: Rs. 425/- to Rs. 450/- Per Equity Share
»» Maximum Subscription Amount for Retail Investor: Rs 100,000/-
»» Listing : BSE, NSE
»» Lead Manager: ICICI Securities Limited & Deutsche Equities Private India Limited
»» Registrar : Karvy Computershare Private Limited (Ph: +91-40-2342 0818 Email: einward.ris@karvy.com)