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IPO Details


Ortel Communications Ltd
Registered Office: B 7/122A Safdarjang Enclave, , New Delhi - 110029, Delhi
Phone: 91-11-46868800
Email: bidu.dash@ortelgroup.com
Website: www.ortelcom.com
Public issue of 9,652,500 equity shares of face value of Rs. 10 each (equity shares) of Ortel Communications Limited (the company or the issuer) for cash at a price of Rs. 181 per equity share including a share premium of Rs. 171 per equity share, aggregating to Rs. 174.71 crores (the issue). The issue comprises a fresh issue to the public of up to 6,000,000 equity shares aggregating to Rs. 108.60 crores (the fresh issue) and an offer for sale of 3,652,500 equity shares (offer for sale) by NSR-PE Mauritius LLC (the selling shareholder) aggregating to Rs. 66.11 crores. The issue constitutes 31.57% of the fully diluted post-issue paid up equity share capital of the company. Issue Price : Rs. 181 per equity share of face value of Rs. 10 each. The issue price is 18.1 times the face value. Anchor Investor issue price : Rs. 181 per equity share
Issue Money Payable On
Opens On Closes On Application Allotment
03-Mar-2015 05-Mar-2015 181.00 0.00
Minimum Application for shares in Nos : 75 Further Multiples of : 75
()Cr. Lead Managers to the Issue
Project Cost 100.93 Kotak Mahindra Capital Company Ltd
Project Financed through Current Offer 174.71
Post Issue Equity Share Capital 30.37
Issue Price 181.00
Projects
Expansion of the network for providing Video, data
Capital exp. on devel. of digital cable services
Capital exp. on devel. of broadband services
General corporate purposes
Promoted By
Baijayant Panda
Jagi Mangat Panda
Panda Investments Pvt Ltd
Listing At
BSE
NSE
Registrar to the Issue
Karvy Computershare Pvt Ltd

INDIAN INDICES

Sensex

84,544.31 1,359.51 (1.63%)

Nifty

25,790.95 375.15 (1.48%)

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NASDAQ

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