NTL India Ltd - IPO

NTL India Ltd IPO Details

Initial public issue of upto 35,00,000 equity shares of face value of Rs. 10/- each (the equity shares) of NTL India Limited (the company or the issuer) at an issue price of Rs. [*] per equity share (including share premium of Rs. [*] per equity share) for cash, aggregating up to Rs. [*] crores (public issue) out of which [*] equity shares of face value of Rs.10/- each, at an issue price of Rs. [*] per equity share for cash, aggregating Rs. [*] crores will be reserved for subscription by the market maker to the issue (the market maker reservation portion). The issue less the market maker reservation portion is hereinafter referred to as the net issue.The face value of the equity share is Rs. 10/- each and the issue price is [*] times the face value of the equity shares. The price band and the minimum bid lot will be decided by the company.

Objective of issue

Funding capital expenditure for procurement. Funding of working capital requirements of the Company. General corporate purposes.

NTL India Ltd Contact Details

NTL India Ltd, Subramanian Building, 1ST Floor No 1, Club House Road, Chennai - 600002

Phone - 91-44-28462700

Fax - 91-44-28460129

Email - corporatesecretarial@ntlchennai.org

Website - www.ntlchennai.net