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Open
4 Dec 2006
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Close
7 Dec 2006
3
Allotment
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Listing
Thu, Dec 28, 2006
Price Band
₹125 to ₹150
Issue Size
39,58,224 shares (agg. up to ₹59 Cr)
Lot Size
45 Shares
Listing Date
Thu, Dec 28, 2006
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 8.04x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2006 | 31 Mar 2005 | 31 Mar 2004 |
|---|---|---|---|
| Assets | 144.99 | 72.35 | 57.01 |
| Total Income | 395.29 | 296.91 | 213.94 |
| Profit After Tax | 10.67 | 5.94 | 2.48 |
| NET Worth | 78.60 | 29.50 | 22.43 |
| Reserves and Surplus | 68.06 | 26.15 | 19.08 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Expansion of SPV Module Making Plant (SPV Division) | 8.00 |
| 2 | Creation of SMT Line to produce PCB’s used for CDMA Mobile and FWP Phones | 20.40 |
| 3 | Repayment of IDBI Term Loan | 9.00 |
| 4 | Long Term Working Capital for FWP Business (deferred Payment Model of BSNL) | 20.00 |
| 5 | Issue Expenses | 5.06 |
About XL Telecom IPO
Incorporated in 1985 as "XL Cable Splices Private Limited", XL Telecom Ltd operates through three strategic business units: 1. Telecom – Mobile Handsets, SMPS etc. A. CDMA Mobile Handset Manufacturing:XL has partnered with International Brand KYOCERA for establishing an assembly unit for CDMA Mobile Handsets. XL has currently installed capacity of over 3 Million Handsets per annum. XL has plans to grab around 10% Market share both in the low end high growth Mobile handset segment sold through volume sales to Telecom carriers and Higher-end mobile phones through Open market operations in next 3 to 5 years. XL Telecom Major Customers: BSNL, MTNL, TATA and RelianceXL Telecom Competitors: LG and Samsung. B. SMPS Power Systems:With the help of SMPS De Austria in the year 2000, XL established manufacturing facility of SMPS Power Systems in India. XL has full range of power systems needed by several Telecom Operators like BSNL, MTNL, Reliance, Bharti etc.. XL has 10 to 20% of market share in India's SMPS Power Systems market from last 5 years. C. Outside Plant Accessories:XL has been supplier of outside plant accessories for telecom industry for over 2 decades with a market share of about
Contact Details
XL Telecom Ltd. AddressXL Telecom Ltd335, Chandralok Complex, Sarojini Devi RoadSarojini Devi RoadSecunderabad, Telangana, 500003+91-40-2784 9094chbhavani@xltelecom.netVisit Website