
✓
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 Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To expand the product line with enhanced Research and Development activities, specifically for development of new product-lines. | 6.76 |
| 2 | To establish 16 new Marketing Offices across the globe including additional offices in the USA. | 10.08 |
| 3 | For strategic acquisition of business/ company | 15.00 |
| 4 | To meet margin money for Working Capital requirement and | 7.20 |
| 5 | To meet the Public Issue Expenses | 3.55 |
| 6 | General Corporate purposes | 6.41 |
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