| Initial public offer of 68,00,000 equity shares of face value of Rs. 10 each ("Equity Shares") of Fone4 Communications (India) Limited (the "Company" or the "Issuer") for cash at a price of Rs. 10 per equity share, at par (the "Issue Price"), aggregating to Rs. 6.80 crores ("The Issue"), of which 3,40,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 10 per equity share, aggregating to Rs. 0.34. croress will be reserved for subscriptions by the market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 64,60,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 10 per equity share, aggregating to Rs. 6.46 croress is here in after referred to as the "Net Issue". The issue and the net issue will constitute 39.88% and 37.89% respectively of the post issue paidup equity share capital of the company.
The face value of the equity share is Rs. 10 each and the issue price is
Rs. 10 each i.e., at par of the face value of the equity shares.
Bids can be made for a minimum of 10,000 equity shares and in multiples of 10,000 equity shares thereafter. |