Webtel Electrosoft Ltd - IPO

Webtel Electrosoft Ltd IPO Details

Initial public offering up to 46,16,000 equity shares of Rs. 10/- each (equity shares) of Webtel Electrosoft Limited (webtel or the company) for cash at a price of Rs. [*]/- per equity share including a share premium of Rs. [*] per equity share (the issue price) aggregating to Rs. [*] crores (the issue). The issue includes a reservation of upto [*] equity shares aggregating to Rs. [*] crores will be reserved for subscription by market maker to the issue (the market maker reservation portion). The issue less the market maker reservation portion i.e. net issue of upto [*] equity shares aggregating to Rs. [*] crores (the net issue).The price band and the minimum bid lot will be decided by the company.

Objective of issue

To meet the expense for the development of product. To meet the expense for branding and marketing. To meet the expense for investment in data centers. General corporate purposes.

Webtel Electrosoft Ltd Contact Details

Webtel Electrosoft Ltd, D-153/A 1st Flr, Okhla Industrial Are, Phase-I, New Delhi-110020

Phone - 011 - 26812682 / 83

Fax - 011 - 26812682

Email - legal@webtel.in

Website - www.webtel.in