Exchanges
BSE, NSE
Issue
Book building

Ortel Communications IPO

₹162.25

−10.36% on listing

Listing-day close · NSE · 19 Mar 2015 · issue price ₹181

Ortel Communications’ ₹174 crore IPO was priced at ₹181 a share. It listed on the NSE on 19 Mar 2015 and closed its first day at ₹162.25, down 10.36% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Listing

Issue details

Issue size
₹174 Cr
Fresh issue
₹109 Cr
Offer for sale
₹65.05 Cr
Lot size
75 shares
Minimum investment
₹13,575
Face value
₹10
Registrar
Kfin Technologies

Subscription

Ortel Communications IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—0.80×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹550 Cr
Promoter holding
64.03% → 51.38%

From the offer documents.

Listing

Listing date
19 Mar 2015
Issue price
₹181
Open
₹160.05
High
₹168.05
Low
₹160.05
Close
₹162.25

Listing day on the NSE. The close was −10.36% on the issue price.

FAQs

When did the Ortel Communications IPO open and close?

It opened on 3 Mar 2015 and closed on 5 Mar 2015.

What was the Ortel Communications IPO price?

The price band was ₹181–200 a share. The final issue price was ₹181.

What is the lot size and minimum investment?

One lot is 75 shares, ₹13,575 at ₹181 a share. Retail investors apply in whole lots.

How much did Ortel Communications raise?

₹174 crore: ₹109 crore of new shares and ₹65.05 crore offered by existing shareholders.

How many times was the Ortel Communications IPO subscribed?

0.80 times overall.

How did Ortel Communications list?

It listed on the NSE on 19 Mar 2015 at ₹160.05 and closed the day at ₹162.25, down 10.36% on the ₹181 issue price.

Who is the registrar of the Ortel Communications IPO?

Kfin Technologies handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

Full disclaimer

See how an IPO fits your plan

Armor checks every holding against your goals, risk and timeline.

Get the app