(i) They are a public sector company under the Department of telecommunications with over seven decades of experience in telecommunications technology.
(ii) They cater to a wide customer base across various industry segments like telecommunications, defense, information technology, banks, financial institutions, and solar energy. They have a diverse suite of products including defense security encryption products, optical and data network products and passive infrastructure products such as gigabit passive optical network (“GPON”), Wi-Fi products, and manage leased line products (“MLLN”), multi-capacity encryption units, electrical products such as smart energy meters, smart cards, solar panels, set-top boxes and mini personal computers and Internet of Things (“IoT”) products and other diverse products such as HDPE ducts, 3D printing, and sanitary napkin vending machines.
They manufacture certain products at its five manufacturing facilities and produce other products in collaboration with the various technology partners. They also purchase traded products that are installed as part of our projects.
(iii) They provide a wide range of services including operation and maintenance of base transceiver stations (“BTS”), data center hosting solutions, IT and software services like digital wallet solutions, Aadhaar authentication services, optical fiber cable (“OFC”) laying services, telecom product testing services, start-up hub services, skill development services, and citizen-centric services like the National Population Register (“NPR”) and Socio-economic and Caste Census (“SECC”) and annual maintenance contracts (“AMC”) for supplied products.
They provide products, services, and solutions portfolio to Public Sector Units (“PSUs”) like Bharat Sanchar Nigam Limited (“BSNL”), Mahanagar Telephone Nigam Limited (“MTNL”), Energy Efficiency Services Limited (“EESL”), Bharat Broadband Network Limited (“BBNL”); the Ministry of Defence, the Ministry of Rural Development (“MORD”), the Registrar General of India and certain other Government agencies
Objects of the ITI Limited FPO 2020:
Our Company proposes to utilize the Net Proceeds towards the following objects:
A. Funding working capital requirements of our Company.
B. Repayment of loans availed by our Company.
C. General corporate purposes (collectively, referred to herein as the “Objects”).
ITI Limited FPO 2020 Details:
||Jan 24 2020
||Feb 05 2020
|| ₹ 10 Per Equity Share
|| ₹ 71-77 Per Equity Share
||Feb 13 2020
Discussion on ITI Limited FPO 2020: