Incorporated in 1993, Nu Tek India Limited is a Telecom infrastructure service provider, offering Infrastructure rollout solutions for both mobile and fixed telecommunication networks. Nu Tek offer services to Telecommunication Equipment Manufacturers, Telecom operators as well as third party infrastructure leasing companies in installing and maintaining Telecom Network Equipment & Infrastructure.Nu Tek undertake turnkey projects, provide management expertise to their clients for infrastructure creation and installation for telecom sites which includes Passive Infrastructure like Towers, Telecom Shelters, Backup Power – DG sets and Battery Banks, Electrical Infrastructure and Earthing Stations etc. and active infrastructure like Base Transceiver Station (BTS), microwave, optic fibre, Base Station Controller (BSC), Mobile Switching Centres (MSC), IN (Intelligent networks), VAS (Value added services) equipments, transmission equipment such as STM’s and Microwaves to the most advanced World Interoperability for Microwave Access (WIMAX) equipment and future ready 3G Nodes. Company also provide technical support services in the High End Telecom segments such as Radio Frequency and Transmission Planning, Network Tuning & Optimization and Quality of Service (QoS) to their clients.
Major clients amongst Telecom Equipment Manufacturers are:
1. Nokia Siemens Networks Pvt Ltd
2. Ericsson India Pvt Ltd
3. Motorola India Pvt Ltd
4. Nortel Networks India Pvt Ltd
Major clients amongst Telceom Operators are:
1. Tata Teleservices Ltd
2. Reliance Communications Ltd
3. Bharti Airtel Ltd
4. Idea Cellular Ltd
5. Vodafone Essar Ltd(Hutch)
6. Videsh Sanchar Nigam Ltd
Major clients amongst third party infrastructure leasing companies are:
1. Quipo Telecom Infrastructure Ltd
2. Essar TTIL Ltd
3. Xcel Telecom Ltd
4. IMI Ltd
Objects of the Issue:
1. The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital for: Capital Expenditure;
2. Overseas Acquisitions;
3. Augmenting Long Term Working Capital requirement;
4. General Corporate Purposes;
5. Expenses related to Fresh Issue.
Nu Tek India Ltd IPO Information:
»» Public Issue Open: July 29, 2008 to August 01, 2008
»» Public Issue Type: 100% Book Built Issue (Initial Public Offer IPO)
»» Public Issue Size: 4,500,000 Equity Shares of Rs. 10/-
»» Face Value: Rs. 10/-
»» Public Issue Price: Rs 170/- to Rs 192/-
»» Maximum Subscription Amount for Retail Investor: Rs 100,000/-
»» Listing: BSE, NSE
»» Lead Manager: Spa Merchant Bankers Ltd, India Infoline Ltd
»» Registrar: Aarthi Consultants Pvt Ltd (Ph: +91-40-27638111 Email: [email protected])
Courtesy: Chittorgarh.com
