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Ortel Communications Ltd IPO

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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

Ortel Communications Ltd IPO Subscription Details

Company

Ortel Communications Ltd

Issue Type

(Book Built Portion)

Open Date

03 Mar

Close Date

05 Mar

Offer Price

181.00

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How to apply IPO on 5paisa app?

  • Login to your 5paisa Mobile Trading App and select the issue in the current IPO section
  • Enter the number of lots and price at which you wish to apply for
  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
  • You will receive a notification to block funds in your UPI app
  • Approve the block request

Ortel Communications Ltd IPO Frequently Asked Questions

Stove Kraft Ltd, kitchen appliances manufacturer is coming up with its Initial public Offerings on January 25 with the public issue comprising a fresh issue size of ₹412.63Cr.

You can apply for the Stove Kraft IPO using any supported UPI apps. To Apply on 5paisa App follow the procedure mentioned above. For further details Click Here.

Stove Kraft IPO will open on January 25, 2021.

Stove Kraft IPO Lot size is 38 equity shares, that means you can apply for one lot consisting 38 equity shares.

Shares of Stove Kraft will be getting allotted on 02nd February,2021.

Stove Kraft Shares will be getting listed on 05 February, 2021.

Here is the minimum investment calculation of Stove Kraft IPO
Lot size – 38 * Issue Price ₹385 = ₹14,630
Hence the minimum investment amount required to invest in Stove Kraft IPO is ₹14,630. As per the maximum limit that is allowed by SEBI you can apply for 13 lots.

No, one bank account one IPO application is allowed.

Cut off Price for Stove Kraft IPO is ₹14,630


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Contact Details of Ortel Communications Ltd IPO

Company Contact Information

Ortel Communications Ltd IPO
B 7/122A Safdarjang Enclave,
,
New Delhi, Delhi 110029.

Phone: 91-11-46868800
Email: ipo@ortelgroup.com

Ortel Communications Ltd IPO Register

Karvy Computershare Pvt Ltd

Ortel Communications Ltd IPO Lead Manager(s)

  • Kotak Mahindra Capital Company Ltd

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