OnMobile Global has inked exclusive deals with around 40 companies from the South Indian Music companies Assocation (SIMCA). Medianama reports the deal value is around Rs 8.5 crores. A fairly small amount considering it will be spread across 40 labels, of which Satyam Audio has majority content share, accounting to…

This just in, OnMobile has announced the deployment of Ad RingBack Tones (AdRBT). The release states it will be launching soon with ‘a leading Indian operator.’ CS had exclusively reported on Airtel launching Ad CRBT (NYSE: BT) and this seems to be two parts of the same story. If that’s…

OnMobile Global, India’s VAS major, has acquired France based speech recognition software provider Telisma S.A. As per the earnings call we had covered recently, OnMobile had indicated two acquisitions, the first within the next two quarters. A comment in the Earnings post by Vas-Guy stated OnMobile will “claim” and buy…

Some inputs from the hour long OnMobile Global earnings conference call: Revenues: —International business accounts for 15 percent of total revenue. The company had revenues of Rs. 70 crores and a net profit of Rs. 12 crores if you exclude VoxMobili numbers. The company took a foreign exchange hit of…

OnMobile Global, India’s largest mobile Value Added Services (VAS) company, today announced its first earnings results post listing on the stock exchanges. While the company ended the year with a net profit of Rs. 60.3 crores, an increase of Rs. 79 percent over FY07, they appear to have taken a…

OnMobile Global listed today - Scrip Code: 532944 - in the list of ‘B1’ Group Securities on the Bombay Stock Exchange. The stock, which was priced at Rs. 440, closed 18.61 percent up at Rs. 521.90. During the day, it hit a high of Rs. 579.90, and a low of…

Day Two of the OnMobile IPO was better than the first: the Initial Public Offering of India’s largest mobile value added services (VAS) company was subscribed 1.31 times. The Qualified Institutional Buyers was oversubscribed at 2.1791 times, but there doesn’t appear to be much retail investor interest - that segment…

Day one of the Initial Public Offering of OnMobile Global, India’s largest mobile value added services (VAS) company, was not very successful: the issue is not yet fully subscribed, at 0.53 times. Mouli Raman, CTO of OnMobile told me that that nearly all the investments are from the Qualified Institutional…

OnMobile Global, the mobile value added services company whose IPO opens tomorrow, has reportedly raised $30 million through a pre-IPO placement. Business Standard reports that the total placement is close to 5 percent: 3.54 percent with George Soros’ Quantum Fund, 0.9 percent with Bessemer India Capital and 0.95 percent with…

OnMobile Global, India’s largest mobile Value Added Services (VAS) company, is looking to raise Rs. 350-450 crores from its Initial Public Offering, with shares priced between Rs. 425 and Rs. 450 for shares of face value Rs. 10 each. The issue will be open for subscription between January 24th and…