Ortel Communications IPO

 Ortel Communications IPO
 

Ortel Communications Ltd is coming up with an Initial Public Offer (IPO) of its Equity Shares. The issue is opening for subscription between 3rd March 2015 to 5th March 2015. The Price Band is fixed at Rs.181/- to Rs.200/-. Minimum bid lot is 75 equity shares and in multiples of 75 equity shares thereafter.

Issue Highlights Issuer Ortel Communications Limited Issue Type 100% Book Built Issue IPO Issue Open Tuesday, March 03, 2015 Issue Close Thursday, March 05, 2015 Issue Size (Rs) Rs. 217.20-240.00 Crores Face Value Rs.10 per Equity Share Price Band Rs.181 - Rs.200 per Equity Share Bid Lot 75 Shares and in multiples thereafter Maximum Bid amount for Retail Rs. 2 Lakhs Listing BSE, NSE Total Issue Size 1,20,00,000 Equity Shares.

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