Hotline: 1800 102 2007
Hotline: 1800 102 2007
Search Business Opportunities
2013-04-25

MobME’s IPO gets approval from NSE

The proposed IPO of MobME Wireless Solutions Ltd., India\'s first telecom campus start-up, has received in-principle approval from the National Stock Exchange of India Ltd. (NSE), while leading credit rating agency CRISIL has assigned it a grading of 3/5.

The proposed IPO of MobME Wireless Solutions Ltd., India's first telecom campus start-up, has received in-principle approval from the National Stock Exchange of India Ltd. (NSE), while leading credit rating agency CRISIL has assigned it a grading of 3/5.

"We welcome the NSE's in-principle approval and the timeframe of 12 months for going public," said Sanjay Vijayakumar, CEO, MobME in a press release.

Set up in 2006 by Sanjay Vijayakumar, Sony Joy and Vivek Francis while they were still studying engineering in Thiruvananthapuram, MobME is vying to be the first IT-based campus start-up in India to go public.

The Kochi-based company serves top telecom clients in its value-added services (VAS) (consumer as well as network) business.

It has also executed several projects in enterprise solutions and m-governance (mobile governance) segments for state governments of Kerala, Nagaland and Goa and government-owned entities.

Its unconsolidated total income has increased to Rs 23 crore in the fiscal 2012 from Rs 34.65 lakh for the period ending March 31, 2008.

Related opportunities
  • Snacks / Namkeen Shops
    About Us: Shyam sunder Foods established in 1969 by Late Shri..
    Locations looking for expansion Gujarat
    Establishment year 2018
    Franchising Launch Date 2019
    Investment size Rs. 5lac - 10lac
    Space required 150
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Ahmedabad Gujarat
  • After School Activities
    Started in 2009, SportyBeans is India’s most reputed non-competitive multi-sport..
    Locations looking for expansion Maharashtra
    Establishment year 2009
    Franchising Launch Date 2010
    Investment size Rs. 10lac - 20lac
    Space required 1200-1500 sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Maharashtra
  • Others Food Service
    About Us: Juclear's prime focus is serving affordable fresh fruit juices..
    Locations looking for expansion Delhi
    Establishment year 2018
    Franchising Launch Date 2019
    Investment size Rs. 5lac - 10lac
    Space required 80
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Quick Service Restaurants
     About The London Shakes: The London Shakes are the re-inventors of..
    Locations looking for expansion Madhya pradesh
    Establishment year 2009
    Franchising Launch Date 2011
    Investment size Rs. 5lac - 10lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Indore Madhya pradesh
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts