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Open
12 Feb 2007
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Close
15 Feb 2007
3
Allotment
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Listing
Fri, Mar 9, 2007
Price Band
₹65 to ₹75
Issue Size
32,58,33,333 shares (agg. up to ₹2,444 Cr)
Lot Size
90 Shares
Listing Date
Fri, Mar 9, 2007
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 49.56x |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Building, strengthening and expanding our network and related services in the New Circles | 157.11 |
| 2 | Entry Fee and capital expenditure for NLD operations | 8.33 |
| 3 | Roll out for services in Mumbai Circle | 64.70 |
| 4 | Redemption of Preference Shares | 75.67 |
| 5 | Issue Expenses | 8.25 |
About Idea Cellular IPO
Idea Cellular Limited, an Aditya Birla Group company is a leading mobile operator in India and currently operates in 11 Circles.Following the growth opportunities in the Indian telecommunications market, Idea Cellular is among fastest growing mobile operator.Idea Cellular provide mobile services in 11 Circles in India, namely the metropolitan Circle of Delhi, the category A Circles of Andhra Pradesh, Gujarat and Maharashtra, the category B Circles of Haryana, Kerala, Madhya Pradesh, Rajasthan, Uttar Pradesh (East) and Uttar Pradesh (West) and the category C Circle of Himachal Pradesh.More facts:1. For the financial years 2005 and 2006, Idea's gross revenues were approximately Rs. 22.68 billion and Rs. 29.73 billion, respectively. 2. Idea Recently got license for the Mumbai and Bihar Circles.+ Read More
Contact Details
Idea Cellular Ltd. AddressIdea Cellular LimitedSuman TowerPlot No.18, Sector-11Gandhinagar, Gujarat, 382011+91 79 6671 4000shs@ideacellular.comVisit Website