onmobile has made a pre-ipo placement for 5% stake to various investors in the same price band. http://www.business-standard.com/common/news_article.php?autono=311456&leftnm=8&subLeft=0&chkFlg=
As the company fundamentals are good and now the ipo price is also justified.
Hello guys can sum1 give me a clear idea regarding grey market premium on 'ON MOBILE'... its kinda urgent as issue is opening shortly n im definately investing in them..... im new here so any help is appreciated ....
Before Reliance Power there was approx. Rs. 12000 cr. with retail for IPO.Now can anybody estimate the amount against retail IPO ? I know there is someone who is in depth knowledge because that person had estimated that Rel. Power would subscribe by 15 times showing calculation not by guess work.This is very vital to decide about ONMOBILE IPO application
though long back ONMOBILE issue is declared in chittorgarh.com but till date no information is displayed about GMP in this website.managing agency is requested to lookn into this matter
Hi all, i am going to apply either OnMobile Global IPO or EMAAR MGF. comparing IPO rating OnMobile Global IPO is better but one is related to mobile and another one is related to real estate. The EMAAR MGF initial public offier is too high comparing on mobile.
GOOD ISSUE TO INVEST. NO BODY IS GOING TO INVEST IN THIS IPO BECAUSE EVERYONE MONEY IS BLOKED IN FUTURE AND RELIANCE IPO. SO I THINK THIS IPO SHOULD GIVE BETTER RETURN.
Yes I agree with you Prasad it is a very good company but tell me about J. Kumar wether we should apply or not because now a days it is all ulta pulta happening seeing to the past performers and reports stating recomendations
It's ok that compny is good. i think crisil gives 4 rating and we also get same information from results. But what about chances of allotment. As every one is rush behind IPO mostly it subscribes many times when compny is good and investor not get single unit even apply for two-three applications. So, can anybody say in market crash is it possible to get allotment of this stock or not?
Yantra, another of Infosys’ incubation company where it held a 16% stake, was sold in 2004 at a valuation of $170 million. Arvind Rao, OnMobile co-founder and chief executive, said: “Nandan (Nilekani, Infosys co-founder) and I studied at IIT Bombay. I was in the investment banking side and he talked about the product company he was incubating. I met Mouli (Raman, who then headed Infosys’s internet products group) and we clicked and that’s how OnMobile happened.” Mouli, who was among the first 50 Infosys employees when he joined the then fledgling company in 1988, and few other Infosys engineers then left to form what today is India’s largest VAS company employing over 900 people.