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Goldman Sachs divests 655,632 shares of OnMobile Global

10 Jul 2012 Evaluate

Goldman Sachs Investments Mauritius, a foreign fund house has offloaded 655,632 shares of OnMobile Global, India’s largest value-added service (VAS) company. It has sold the shares through open market transaction for Rs 34.01 per share valuing the deal to Rs 2.22 crore.

Onmobile Global offers contest management, content aggregation and distribution, voice short codes, mCommerce solutions, missed call alerts, multimedia push services, mobile advertising, mobile search, ringtones, ringback tones, personalized music greetings, mobile media portals, phone backup, voiceportals, and voice SMS.

Peers
Company Name CMP
TCS 2126.90
Infosys 1017.00
HCL Technologies 1220.00
Wipro 161.60
Tech Mahindra 1470.00
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