Business Standard

Tata Teleservices (Maharashtra) Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

674.29 cr

Price Range (₹)

12

Lot Size

100

Min Investment (₹)

1,200.00

Listing Exchange

NSE

Open Date

29-Aug-2000

Close Date

05-Sept-2000

Listing Date

26-Oct-2000

Tata Teleservices (Maharashtra) Ltd News

    Tata Teleservices (Maharashtra) Ltd IPO Details

    Public Issue of 624342700 equity shares of Rs 10/- each at a price of Rs 12 each for an aggregate amount not exceeding Rs 749.21 crores(hereinafter referred to as theNet Public Offer)The Net Public Offer includes a Book Building Portion of 561908400 equity shares and a Fixed Price Portion of 62434300 equity shares. The Book building portion is 90% of the Net Public Offer and the Fixed Price Portion is 10% of the Net Public Offer.

    Objective of issue

    Expansion of existing telecomm. infrastructure. Construction of fibre optic cable network. Construction of fibre optic cable network. Construction of fibre optic cable network. Construction of fibre optic cable network. To setup internet & Advanced Intelligent Network. To setup internet & Advanced Intelligent Network. To setup internet & Advanced Intelligent Network. To setup internet & Advanced Intelligent Network. To impart liquidity to the ESOP scheme. To impart liquidity to the ESOP scheme. To impart liquidity to the ESOP scheme. To impart liquidity to the ESOP scheme.

    Tata Teleservices (Maharashtra) Ltd Contact Details

    Tata Teleservices (Maharashtra) Ltd, Karvy House 46, Road No 4 Street No1, Banjara Hills, Hyderabad - 500034

    Phone - 91-40-23312454/23320251

    Fax - 91-040-23311968

    Email - investor.relations@tatatel.co.in

    Website - www.tatateleservices.com