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Open
11 Dec 2006
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Close
14 Dec 2006
3
Allotment
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Listing
Fri, Jan 5, 2007
Price Band
₹230 to ₹265
Issue Size
1,58,85,000 shares (agg. up to ₹421 Cr)
Lot Size
25 Shares
Listing Date
Fri, Jan 5, 2007
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 38.46x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2006 | 31 Mar 2006 | 31 Mar 2005 |
|---|---|---|---|
| Assets | 9.42 | 5.57 | 1.84 |
| Total Income | 8.71 | 6.31 | 2.27 |
| Profit After Tax | 3.57 | 3.02 | 0.68 |
| NET Worth | 0.68 | 0.68 | 0.68 |
| Reserves and Surplus | 7.34 | 3.67 | 0.85 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Powersoft Global Solutions Ltd. | Mainboard | ₹11.88 Cr | ₹22 | null | ₹21.10 | -4.09% | (+0.00%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Setting up Infrastructure Facility for Development Centre at Hyderabad | 77.27 |
| 2 | Setting up Infrastructure Facilities for a Backup / Disaster Recovery Centre at Bangalore | 12.79 |
| 3 | Establising Overseas Marketing Offices | 4.06 |
| 4 | Expansion & Upgradation of Existing Research & Product Development Facilities | 22.03 |
| 5 | Fund regional/global expansion and acquire and invest in strategic business. | 20.00 |
| 6 | Meet working capital requirements | 28.45 |
| 7 | Contingencies | 10.41 |
| 8 | To meet Issue expenses | 27.26 |
About Tanla Solutions IPO
Tanla Solutions Limited (TSL) is India based telecom infrastructure solutions. TSL has its software development centre in Hyderabad, Andhra Pradesh, India, and a worldwide marketing office in the U.K.Tanla is engaged in the business of making SMSC and VMS indigenously. TSL's SMSC has already been deployed with prestigious clients like Reliance Telecom, BPL, Airtel,Aircel and Hutch. While telecom infrastructure solutions remain the core activity of TSL, the Company has expanded its activity into a number of related areas including Telemetry, Telematics and Aggregator Services.Product & Services:1. Telecom Signaling Solutions:SS-7 based products of which the flagship product is SMSC (SMS Centers). The Industry Products including Telemetry (existing) and Telematics. 2. Aggregator:The Aggregator business of Tanla is operated under Mobizar, which is a wholly owned subsidiary of Tanla U.K. (a 100% subsidiary of TSL). It serves as an interface between value added service providers and content providers on the one side and wireless telecom operators on the other. 3. Offshore Development:Offshore development of telecom projects and aggregator related application development.+ Read More
Contact Details
Tanla Solutions Ltd. AddressTanla Technology CentreHitech City RoadMadhapurHyderabad, Telangana, 500081+91 40 40099999fpo@tanlasolutions.comVisit Website