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Ortel Communications Ltd.

Ortel Communications Ltd.

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹200
₹200
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹200
Based on GMP
Min. Investment
₹15,000
1 lot × 75 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
03 Mar 2015
Close Date
05 Mar 2015
Allotment
11 Mar 2015
Listing Date
19 Mar 2015
Exchange
NSE & BSE
Price Band
₹200
Listing Price
See chart
Allotment Status
Price Band
₹200
Per share
Face Value
₹10 per share
 
Lot Size
75 Shares
per lot
Issue Size
95,93,850 shares (aggregating up to ₹173.65 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹15,000
1 lot
Pre-IPO Holding
2,43,65,464 shares
Promoters
Post-IPO Holding
3,03,65,464 shares
Promoters
UPI Deadline
2015-03-05
Mandate
Anchor AllotmentMon, 02 Mar 2015
Basis of AllotmentWed, 11 Mar 2015
Refund InitiationThu, 12 Mar 2015
Demat CreditThu, 12 Mar 2015
Listing DayThu, 19 Mar 2015
UPI Mandate Deadline2015-03-05
Sale TypeFresh Capital-cum-Offer for Sale
Fresh Issue Shares60,00,000 shares (aggregating up to ₹108.60 Cr)
Offer for Sale35,93,850 shares of ₹10 (aggregating up to ₹65.05 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Ortel Communications Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 05 Mar 2015.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
12,000,000
100% ₹240.00
IPO Shares Offered
Ortel Communications Ltd. IPO total issue size: ₹240.00 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 12,000,000 ₹240.00
100.00%
* Based on upper price band ₹200 per share
Lot Size & Investment
Lot Size
75
Shares per Lot
Issue Price
₹200.00
Upper Band
Min Investment
₹15,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)2150₹30,000
Retail (Max — 13 Lots)13975₹195,000
S-HNI (Min — 14 Lots)141,050₹210,000
B-HNI (Min — 68 Lots)685,100₹1,020,000
* Issue Price ₹200 × Lot Size 75 shares
IPO Schedule
Anchor
02 Mar 2015
✓ Done
IPO Open
03 Mar 2015
✓ Done
IPO Close
05 Mar 2015
✓ Done
Allotment
11 Mar 2015
✓ Done
Refunds
12 Mar 2015
✓ Done
Demat Credit
12 Mar 2015
✓ Done
Listing Day
19 Mar 2015
✓ Done
Ortel Communications Ltd. — Live Price LIVE
₹200.00
INR · BSE
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Issue ₹200.00 Live Price
About Ortel Communications Ltd.
Ortel Communications Ltd is a regional cable television and high speed broadband services provider, mainly engaged in the distribution of analog and digital cable television services, high speed broadband services & Voice over Internet Protocol ("VoIP") services. Company has well presence in the Indian states of Odisha, Chhattisgarh, Andhra Pradesh and West Bengal. They have built a two-way communication network for 'Triple Play' services (video, data and voice capabilities). Ortel provides its services under the brand names "Ortel Home Cable", "Ortel Digital" and "Ortel Broadband".Ortel Communications Ltd is among the ten major Multi System Operators in India ("MSOs"). Their business is broadly divided into:1. Cable television services comprising of (a) analog cable television services; (b) digital cable television services including other value added services such as HD services, NVoD, gaming and local content;2. Broadband services;3. Leasing of fibre infrastructure; and4. Signal uplinking services.Ortel Communications currently offer services in 48 towns and certain adjacent semi urban and rural areas with over 21,600 kilometers of cables supported by 34 analog head-ends and five digital head-ends. They use HFC (combination of optic fibre in the backbone and coaxial cable in the downstream) to build their network. They provide their service to both retail and corporate customers.
Objects of the Issue
1
1 Expansion of the network for providing video, data and telephony services
2
2 Capital expenditure on development of the digital cable services
3
3 Capital expenditure on development of the broadband services
4
4 General corporate purposes
Ortel Communications Ltd. Financials (Amount in ₹ Crore)
Revenue from Operations
₹121.8
31-Mar-13
₹135.0
31-Mar-14
₹71.9
30-Sep-14
Profit After Tax (PAT)
₹25.1
31-Mar-13
₹12.1
31-Mar-14
₹0.7
30-Sep-14
Particulars30-Sep-1431-Mar-1431-Mar-13
Revenue from Operations 71.93 135.04 121.81
EBITDA N/A N/A N/A
Profit After Tax (PAT) 0.66 12.06 25.10
Net Worth N/A N/A N/A
Total Assets N/A N/A N/A
Reserves & Surplus N/A N/A N/A
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A
PAT Margin (%) N/A
RoNW
-243.7%
Issue Structure & Shareholding
Total Shares Offered1,20,00,000 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding2,43,65,464 shares
Post-Issue Promoter Holding3,03,65,464 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Kotak Mahindra Capital Co.Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Ortel Communications Ltd. IPO subscribed?

Ortel Communications Ltd. IPO is subscribed 1.00 times by Mar 05, 2015. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Ortel Communications Ltd. IPO retail subscription status?

The Ortel Communications Ltd. IPO retail category is subscribed 1.00 times as of 05 Mar 2015. The retail portion is oversubscribed.

How to subscribe Ortel Communications Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 03 Mar 2015 and closes 05 Mar 2015. Min investment: ₹15,000 (1 lot = 75 shares). UPI mandate: 2015-03-05.

How many times Ortel Communications Ltd. IPO subscribed?

The Ortel Communications Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Ortel Communications Ltd. IPO allotment?

Check allotment on the registrar website (Kfin Technologies Ltd.) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 11 Mar 2015. Refunds: on 12 Mar 2015.

When Ortel Communications Ltd. IPO will be listed?

The Ortel Communications Ltd. IPO listing date is 19 Mar 2015, Thursday. Listed on: NSE & BSE. Issue price: ₹200. Estimated listing: ₹200. GMP: NIL.

When Ortel Communications Ltd. IPO close?

The Ortel Communications Ltd. IPO closes on 05 Mar 2015, Thursday. UPI mandate: 2015-03-05. Allotment: 11 Mar 2015. Listing: 19 Mar 2015.