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XL Telecom IPO is a book build issue .
XL Telecom IPO bidding started from Dec 4, 2006 and ended on Dec 7, 2006. The shares got listed on BSE, NSE on Dec 28, 2006.
XL Telecom IPO price band is set at ₹150.00 per share . The lot size for an application is 45. The minimum amount of investment required by an retail is ₹5,625 (45 shares). The lot size investment for sNII is 30 lots (1,350 shares), amounting to ₹2,02,500, and for bNII, it is 149 lots (6,705 shares), amounting to ₹10,05,750.
Anand Rathi Advisors Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue.
Refer to XL Telecom IPO RHP for detailed Information.
| IPO Date | December 4, 2006 to December 7, 2006 |
| Listing Date | December 28, 2006 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹125 to ₹150 per share |
| Issue Price Final | ₹150 per share |
| Lot Size | 45 Shares |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 1,05,43,192 shares |
| Share Holding Post Issue | 1,45,00,000 shares |
XL Telecom IPO opens on December 4, 2006, and closes on December 7, 2006.
| IPO Open Date | Mon, Dec 4, 2006 |
| IPO Close Date | Thu, Dec 7, 2006 |
| Tentative Listing Date | Thu, Dec 28, 2006 |
| Cut-off time for UPI mandate confirmation | 5 PM on Thu, Dec 7, 2006 |
Investors can bid for a minimum of 45 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 45 | ₹6,750 |
| Retail (Max) | 29 | 1,305 | ₹1,95,750 |
| S-HNI (Min) | 30 | 1,350 | ₹2,02,500 |
| S-HNI (Max) | 148 | 6,660 | ₹9,99,000 |
| B-HNI (Min) | 149 | 6,705 | ₹10,05,750 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 1985 as "XL Cable Splices Private Limited", XL Telecom Ltd operates through three strategic business units:
1. Telecom – Mobile Handsets, SMPS etc.
A. CDMA Mobile Handset Manufacturing:
XL has partnered with International Brand KYOCERA for establishing an assembly unit for CDMA Mobile Handsets. XL has currently installed capacity of over 3 Million Handsets per annum.
XL has plans to grab around 10% Market share both in the low end high growth Mobile handset segment sold through volume sales to Telecom carriers and Higher-end mobile phones through Open market operations in next 3 to 5 years.
XL Telecom Major Customers: BSNL, MTNL, TATA and Reliance
XL Telecom Competitors: LG and Samsung.
B. SMPS Power Systems:
With the help of SMPS De Austria in the year 2000, XL established manufacturing facility of SMPS Power Systems in India. XL has full range of power systems needed by several Telecom Operators like BSNL, MTNL, Reliance, Bharti etc.. XL has 10 to 20% of market share in India's SMPS Power Systems market from last 5 years.
C. Outside Plant Accessories:
XL has been supplier of outside plant accessories for telecom industry for over 2 decades with a market share of about 40% in Jointing Kit business. XL is also involved in manufacturing of Optic Fiber Accessories and Fusion Splicer’s.
2. Solar Photovoltaic Systems:
The Solar Photovoltaic Systems division manufactures solar photovoltaic systems, which include solar photovoltaic power plants (standalone and grid based), and solar photovoltaic home and street lighting systems. This division largely cater to BSNL’s Village Public Telephone requirement.
3. Ethanol:
XL established an ethanol manufacturing facility in Nanded, Maharashtra with a capacity of 1,50,000 liters per day.
| KPI | Values |
|---|---|
| RoNW | 13.73% |
| Listing Date | December 28, 2006 |
| BSE Script Code | 532788 |
| NSE Symbol | XLENERGY |
| ISIN | INE183H01011 |
| Final Issue Price | ₹150 per share |
| BSE Listing Group | B1 |
XL Telecom Ltd.
XL Telecom Ltd,
335, Chandralok Complex, Sarojini Devi Road,
Sarojini Devi Road,
Secunderabad, Telangana, 500003
Phone: +91-40-2784 9094
Email: chbhavani@xltelecom.net
Website: http://www.xltelecom.net
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: bighshare@bom7.vsnl.net.in
Website: https://ipo.bigshareonline.com/IPO_Status.html
XL Telecom IPO is a main-board IPO of 0 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at ₹150 per share. The minimum order quantity is 45.
The IPO opens on December 4, 2006, and closes on December 7, 2006.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in XL Telecom IPO using UPI as a payment gateway. Zerodha customers can apply in XL Telecom IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in XL Telecom IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The XL Telecom IPO opens on December 4, 2006 and closes on December 7, 2006.
XL Telecom IPO lot size is 45, and the minimum amount required for application is ₹6,750.
You can apply in XL Telecom IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for XL Telecom IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the XL Telecom IPO allotment status.
The XL Telecom IPO listing date is on Thursday, December 28, 2006.
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