Value 360 Communications IPO Opens May 4: Key Details and Price Band
Value 360 Communications IPO: Rs 41.7 crore issue opens May 4. Check price band, GMP, other details
The Economic TimesImage: The Economic Times
Value 360 Communications Limited is set to launch its initial public offering (IPO) on May 4, aiming to raise ₹41.69 crore. The price band is set between ₹95 and ₹98 per share, with proceeds intended for infrastructure, technology, and expansion into new markets.
- 01IPO opens for bidding on May 4 and closes on May 6.
- 02The company aims to raise ₹41.69 crore through the IPO.
- 03Shares will be priced between ₹95 and ₹98 each.
- 04Funds will be used for growth, including investments in technology and acquisitions.
- 05No grey market premium (GMP) reported for the IPO.
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Value 360 Communications Limited will commence its initial public offering (IPO) on May 4, with the bidding period concluding on May 6. The company aims to raise ₹41.69 crore by offering up to 42.54 lakh equity shares at a price range of ₹95 to ₹98 per share. The funds raised will support growth initiatives, including capital expenditure for infrastructure and technology enhancements, investment in influencer marketing platform Irida Interactive Private Limited (ClanConnect), and potential acquisitions. Additionally, some proceeds will address outstanding borrowings and general corporate needs. As of January 2026, Value 360 reported a total income of ₹55.07 crore and a net profit of ₹7.61 crore. The IPO will be listed on the SME platform NSE Emerge, and currently, there is no grey market premium reported for the shares.
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The IPO may enhance the company's market position and ability to invest in new technologies, potentially leading to job creation and improved services in the communications sector.
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