Planet 41 Mobi-Venture Ltd - IPO

Planet 41 Mobi-Venture Ltd IPO Details

Public issue of 39,00,000 equity shares of Rs. 10/- each (Equity Shares) of Planet 41 Mobi-Venture Limited (The Company or The Issuer) for cash at a price of Rs. [*] per equity share (including share premium of Rs. [*] per equity share), for cash aggregating to Rs. [*] crores (The Issue). The issue would constitute 37.24% of the post issue paid-up capital of the company.Price Band: Rs. [*] to Rs. [*] per equity share of face value Rs. 10/- eachThe Issue price is [*] times of the face value at the lower end of the price band and [*] times of the face value at the higher end of the price band

Objective of issue

Invest in setting up of Corporate office in Mumbai. Invest in equipments. Invest in Research and Development. Invest in development of technology. To fund the brand building exercise. To fund the expenditure for general corp. purposes.

Planet 41 Mobi-Venture Ltd Contact Details

Planet 41 Mobi-Venture Ltd, E-2/3 Ansa Indl Est, Saki Vihar Road, Sakinaka Andheri(E), Mumbai - 400072

Phone - 91-22-40430200/28470652

Fax - 91-22-28475207

Email - investors@planet41.com

Website - www.planet41.com