IPO Issue Details
Issue Price / Price Band₹51 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size2,000 Shares per Lot
Total Issue Size22,00,000 shares (aggregating up to ₹11.22 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryOffer For Sale
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenFri, 22 Jul 2016
Subscription CloseTue, 26 Jul 2016
Anchor AllotmentThu, 21 Jul 2016
Basis of AllotmentMon, 01 Aug 2016
Initiation of RefundsTue, 02 Aug 2016
Credit of Shares to DematTue, 02 Aug 2016
Listing DateWed, 03 Aug 2016
UPI Mandate Deadline2016-07-26
Application & Investment Details
Retail — Min (1 Lots)₹1,02,000 — 2,000 shares
Retail — Max (13 Lots)₹1,326,000 (13 Lots)
HNI — Min (2 Lots)₹2,04,000 — 4,000 shares
Net Offer to Public20,80,000 shares (aggregating up to ₹10.61 Cr)
Reserved for Market Maker1,20,000 shares (aggregating up to ₹0.6120 Cr)
Pre-IPO Promoter Holding83,14,800 shares
Post-IPO Promoter Holding83,14,800 shares
About Prabhat Telecoms (India) Ltd.
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.
Objects of the Issue
(Standard — DRHP pending)
Prabhat Telecoms (India) Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
Funding of Capital Expenditure Requirements
2
Working Capital Requirements
3
General Corporate Purposes
Detailed fund allocation will be available once the company files DRHP with
SEBI.
Shareholding & Lock-in
Pre-IPO Promoter Holding
83,14,800 shares
Post-IPO Promoter Holding
83,14,800 shares