Tulip Telecom Ltd - Prospectus Synopsis

Tulip Telecom Ltd RHP

Registered Office : C-160 Okhla Industrial Area , Phase-I , New Delhi - 110020 , New Delhi , India.

Phone : 91-011-66205000/41678001  Fax : 91-011-41678002

Email : jagdish.patra@tulip.net    Website : www.tulip.net

Public Issue of 90,00,000 Equity Shares of Rs. 10/- each for cash at a price of Rs. 120 per equity share aggregating Rs. 108 crores by Tulip IT Services Limited (the company or issuer) (hereinafter referred to as the issue) comprising 9,00,000 equity shares of Rs.10/- reserved for eligible employees of the company and a net offer to public of 81,00,000 equity shares of Rs. 10/- each. The issue would constitute 31.03% of the fully diluted post issue paid up capital of the company. The net offer to the public would constitute 27.93% of the fully diluted post issue paid up capital of the company. The Issue price is 12 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
09-Dec-2005 15-Dec-2005 Rs 120 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 50 Further Multiples of : 50
  Rs Cr Lead Managers to the Issue
Project Cost 0 Karvy Investor Services Ltd
Project Financed through Current Offer 108  
Post Issue Equity Share Capital 29  
Issue Price Rs. 120  
To expand IP/VPN Wireless Business
Promoted By Listing At Registrar to the Issue
Hardeep Singh Bedi
Maninder Bedi
Mumbai Karvy Computershare Pvt Ltd

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