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Ortel Communications IPO IPO

Mainline3 Mar 20155 Mar 2015
Open
3 Mar 2015
Close
5 Mar 2015
3
Allotment
Listing
Thu, Mar 19, 2015
Price Band
₹181 to ₹200
Issue Size
95,93,850 shares (agg. up to ₹174 Cr)
Lot Size
75 Shares
Listing Date
Thu, Mar 19, 2015
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Live Subscription

CategorySubscription (times)
Total0.80x

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Expansion of the network for providing video, data and telephony services67.98
2Capital expenditure on development of the digital cable services16.74
3Capital expenditure on development of the broadband services10.51
4General corporate purposes5.71

About Ortel Communications IPO

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 fi

Contact Details

Ortel Communications Ltd. AddressOrtel Communications LtdB 7/122A Safdarjang EnclaveNew Delhi, New Delhi, 11002991-11-46868800ipo@ortelgroup.comVisit Website