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Spice Communications Limited IPO listing date & Info:
Listing On: Thursday, July 19, 2007
BSE Script Code: 532863
NSE Symbol: SPICETELE
Listing in: A Group Securities
ISIN: INE684H01018
Issue Price: Rs. 46/- Per share (Face Value of Rs. 10/-)
IPO Allotment Status is now available online for Spice Communications Limited IPO.
Spice Communications Limited IPO was closed on June 27 and was oversubscribed by around 37.63 times.
Incorporated in 1997, Spice Communications Limited (or Spice Telecom) is a cellular services provider in the states of Punjab and Karnataka in India. Spice Telecom has around 14.26% market share in these states.
Spice Communications Limited is entering the capital markets with an initial public offering, IPO of 137,985,000 Equity Shares, for cash, at a premium to be decided through a 100% Book Built Issue.
The price band for the issue has been fixed at Rs 41/- at lower level and Rs 46/- at upper level for equity share of Rs 10. The issue opens on June 25, 2007, and closes for subscription on June 27, 2007. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE).
The Spice Telecom IPO is proposed to open on June 25, 2007. The IPO application ends on June 27, 2007.
Retail investors can apply in the retail or non-institutional investor category from June 25, 2007 to June 27, 2007. The Spice Telecom IPO can be applied online through Net Bank (ASBA method) or the stock broker (UPI method).
The Spice Telecom IPO will open for subscription on June 25, 2007. The public issue will close on June 27, 2007.
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