Spice Communications Ltd(merged) - IPO

Spice Communications Ltd(merged) IPO Details

Public issue of 11,31,11,11 equity shares of Rs.10/- each of Spice Communications Limited (company or issuer) for cash at a price of Rs.46/- per equity share including a share premium of Rs.36/- per equity share aggregating to Rs.520.31 Crores ('the issue'). The issue comprises a net issue to public of 11,11,11,111 equity shares and a reservation for eligible employees of up to 20,00,000 equity shares at the issue price. The issue will constitute 16.39% of the fully diluted post-issue equity share capital of the company. The net issue would constitute 16.10% of the fully diluted post-issue equity share capital the company.Issue price Rs.46/- per equity share of face value of Rs.10/-The issue price is 4.6 times of the face value

Objective of issue

Part Payment of our lont Term Debt. Payment of NLD/ILD License Fees. Meet our Capital Expenditure requirements. Othere General Corporate Purposes.

Spice Communications Ltd(merged) Contact Details

Spice Communications Ltd(merged), 46,Avenue 4, Street No 1, Banjara Hills, Hyderabad - 500034

Phone - 91-040-23431546/49

Fax - 91-40-23431551

Email - complianceofficer@spiceindia.com

Website - www.spiceindia.com