Icomm Tele Ltd - IPO

Icomm Tele Ltd IPO Details

Public Issue of up to [*] equity shares of Rs. 10 each for cash at a price of Rs. [*] per equity share (including share premium of Rs. [*] per equity share) aggregating up to Rs. [*] crores (The Issue) consisting of a fresh issue of [*] equity shares (Fresh Issue) by Icomm Tele Limited (ICOMM or The Company or The Issuer) of uo to Rs. 200.00 crores and an offer for sale of 1,977,918 equity shares (Offer for Sale) by Isitva Ventures Private Limited (The Selling Shareholder). The Fresh issue and the offer for sale are jointly referred to herein as the Issue. The Issue will constitute [*]% of the post issue paid-up capital of the company.The Face value of the equity shares is Rs. 10 each.

Objective of issue

Fund long term working capital requirements. Invest in capital expenditure. Repay the long term loan. Fund expenditure for general corporate purposes.

Icomm Tele Ltd Contact Details

Icomm Tele Ltd, Plot No 17-24, Vittal Rao Nagar, Madhapur, Hyderabad-500081

Phone - 91-040-44655185/44655000

Fax - 91-040-23420814/23420857

Email - investors@icommtele.com

Website - www.icommtele.com