| Initial public issue of upto 42,54,000 equity shares of face value of Rs. 10/- each of Value 360 Communications Limited (Formerly known as "Value 360 Communications Private Limited"), ("Value360" or the "Company" or the "Issuer") for cash at a price of Rs. 95-98 per equity share including a share premium of Rs.85-88 per equity share (the "Issue Price") aggregating to Rs.40.41-41.69 Crores ("the Issue"), of which 2,13,600 equity shares of face value of Rs. 10 each for cash at a price of Rs.95-98 per equity share including a share Premium of Rs. 85-88 per equity share aggregating to Rs. 2.03-2.09 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 40,40,400 equity shares of face value of Rs. 10 each at a price of Rs. 95-98 per equity share including a share premium of Rs. 85-88 per equity share aggregating to Rs. 38.38-39.60 Crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.44% and 25.11%, respectively, of the post issue paid up equity share capital of the company.
Price Band: Rs. 95/- to Rs. 98/- per equity share of face value Rs. 10/- each.
The floor price is 9.5 times the face value and cap price is 9.8 times the face value of the equity.
Bids can be made for a minimum of 1200 equity shares and in multiples of 1200 equity shares thereafter.
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