01 March 2015

IPO: Ortel Communications

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Issue Terms
 
Issue price / Floor Price (Rs)
181-200
Application per share (Rs)
181.00
Minimum investment amount (Rs)
13,575.00
Minimum bid (no of shares)
75 shares and in multiples of 75 thereafter
Maximum Shares for Retail
1000
Issue Date and Size
 
Issue opens
03-Mar-15
Issue closes
03-Mar-15
Listing on
BSE, NSE
Issue size (Rs cr)
217.20 - 240
Mkt cap at issue price (Rs cr)
N.A.
Shares on Offer
Lakhs
Total shares offered
120.00
Of above, offered to public
N.A.
Post-issue shares
N.A.
Post-issue promoters' holding(%)
N.A.
Company Financials (Rs cr)
No of months
N.A.
Turnover
N.A.
Net profit / (loss)
N.A.
Borrowings
N.A.
Lead Managers & Registrar
Lead Manager(1)
Kotak Mahindra Capital Company Limited
E-mail
ortel.ipo@kotak.com
Lead Manager(2)
N.A.
E-mail
N.A.
Registrar
Karvy Computershare Private Limited
E-mail
Company Contact Details
Company's address
B-7/122A, Safdarjang Enclave, New Delhi, India
Pincode
110029
Tel No.
+91 11 4686 8800
Fax No.
+91-11-46868801
Website
Description
Ortel Communications is a regional cable television and high speed broadband services provider focused in the Indian states of Odisha, Chhattisgarh, Andhra Pradesh and West Bengal.
Objects of Issue
  • Expansion of our network for providing video, data and telephony services;
  • Capital expenditure on development of our digital cable services;
  • Capital expenditure on development of our broadband services; and
  • General corporate purposes

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