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Fatpipe Networks IPO IPO

Mainline7 Jun 20109 Jun 2010
Open
7 Jun 2010
Close
9 Jun 2010
3
Allotment
4
Listing
[.]
Price Band
₹82 to ₹85
Lot Size
70 Shares
Listing Date
[.]
✦ AI Insight

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1To expand the product line with enhanced Research and Development activities, specifically for development of new product-lines.6.76
2To establish 16 new Marketing Offices across the globe including additional offices in the USA.10.08
3For strategic acquisition of business/ company15.00
4To meet margin money for Working Capital requirement and7.20
5To meet the Public Issue Expenses3.55
6General Corporate purposes6.41

About Fatpipe Networks IPO

Fatpipe Networks India Limited, owned by DR. RAGULA BHASKAR, is the inventor and multiple patents holder of technology that provides the highest levels of WAN optimization, reliability, security, and bandwidth management.Fatpipe's core technology, router clustering, involves patented and patent-pending methods that provide the highest levels of optimization, reliability, security and acceleration of Wide Area Networks (WANs) and enable high-speed data transfer through multiple lines, multiple ISPs, and backbones over WANs with seamless reassembly of data streams. Fatpipe technology affords companies, that run mission critical WAN applications over any type of infrastructure, automatic and dynamic failover of a downed data line due to a WAN component, line or service failure.Company holds 7 patents on a technology called "Router-Clustering," which enables customers to obtain highly redundant and fast Internet/WAN access. FatPipe sells its products worldwide through a network of 2 authorized distributors and over 500 resellers. FatPipe is proposing to expand its operations to China, Singapore, South Africa, Kenya, Nigeria, Argentina, Belgium, Germany, France, Eastern Europe and Austr

Contact Details

Fatpipe Networks India Ltd. Address3rd Flr Northern Wing Greams,Dugar No.68Greams RoadChennai, Tamil Nadu, 60000691- 44 - 28291265sanch@fatpipeinc.comVisit Website