Mobile value added services (VAS) company OnMobile Global Ltd plans to raise between Rs463.3 crore and Rs490.5 crore through an Initial public offering of 10,900,545 equity shares. The price band has been fixed between Rs425 and Rs450 per share. The Issue will open on 24 January. This will be the first IPO In the barely-elght-year-old mobile VAS Industry, which has been one of the highest VC-funded sectors In two years. OnMobile, which was Incubated by Infosys Technologies Ltd in 2000, has received several rounds of funding, Including a pre-lPO round of S27.8 million from Deutsche Bank AG, The Goldman Sachs Groupand Polygon Investment Partners. It has also acquired two companles-Mumbal-based ITFInlty Solutions Pvt Ltd and French mobile data management software firm Vox Moblll S.A-ln the last two years.