Ortel Communications IPO Subscription Details

Bookbuilding IPO | ₹174 Cr | Listed at BSE, NSE | Tue, Mar 3, 2015 - Thu, Mar 5, 2015

Basis of Allotment - Ortel Communications IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)64,42,57525,57,42590,00,00018,00,00012,00,0001,20,00,000
Allotment price (Rs.)181181181181181181
No.of applications1131483,3623,384
No.of shares applied64,67,02525,57,42590,24,4501,75,0503,94,35095,93,850
Amount collected (Rs.cr.)117.05 46.29 163.34 3.17 7.14 173.65
No.of times subscribed1.001.001.000.100.330.80
No.of shares allotted64,67,02525,57,42590,24,4501,75,0503,94,35095,93,850
Amount (Rs.cr.)117.05 46.29 163.34 3.17 7.14 173.65
No.of allottees1131483,3623,384

IPO Shares Offered

Ortel Communications IPO is a public issue of 1.20 Cr equity shares. The issue offers 0.12 Cr shares to retail investors, 0.90 Cr shares to qualified institutional buyers, and 0.18 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 90,00,000162.90 75.00%
    Anchor 25,57,425 46.29 21.31%
    QIB (Ex Anchor) 64,42,575 116.61 53.69%
NII 18,00,00032.58 15.00%
Retail12,00,00021.72 10.00%
Total1,20,00,000217.20 100%

Ortel Communications IPO Anchor Investor Allocation

A total of 25,57,425 shares at a price of Rs 181 per share will be allotted to the anchor investors.

Anchor investors bid opening dateMar 02, 2015
Anchor investor price₹181.00
Anchor investors as % of QIBs28.42%
No. of shares locked-in for 30 days12,78,713
No. of shares locked-in for 90 days12,78,713
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 AXIS MIDCAP FUND AXIS MUTUAL FUND 6,00,000 10.86 23.46 6.25
2 AXIS SMALL CAP FUND AXIS MUTUAL FUND 3,00,000 5.43 11.73 3.13
3 ICICI PRUDENTIAL LIFE INSURANCE CO.LTD. ICICI PRUDENTIAL LIFE INSURANCE 16,57,425 30.00 64.81 17.28
25,57,42546.2910026.66

IPO Subscription FAQs

The Ortel Communications IPO is subscribed 0.752384810287448 times by Mar 05, 2015 18:15.

Ortel Communications IPO Subscription

Investor Category Subscription (times)
Qualified Institutional1.00470308843902
Non Institutional0.0903333333333333
Retail Individual0.3908125
Total Subscription0.752384810287448

Retail category of Ortel Communications IPO subscribed 0.3908125 times as of date Mar 05, 2015 18:15. The public issue closes on Thu, Mar 5, 2015 for bidding.

An investor can apply in Ortel Communications IPO online via bank (using ASBA) or the broker (using UPI). The Ortel Communications IPO shares are offered online only.

The Ortel Communications IPO is subscribed 0.752384810287448 times by Mar 05, 2015 18:15.

The Ortel Communications IPO allotment status is expected on or around [.]. Visit Ortel Communications IPO allotment status to check.

The Ortel Communications IPO listing date is March 19, 2015. The equity share of Ortel Communications IPO will list on BSE, NSE.

Visit Ortel Communications IPO subscription status page for real-time bidding information about Ortel Communications IPO.

Ortel Communications IPO Timetable

IPO opens OnTuesday, March 3, 2015
IPO Closes OnThursday, March 5, 2015
Finalisation of Basis of Allotment[.]
Initiation of Refunds[.]
Credit of Shares to Demat Account[.]
IPO Listing DateThursday, March 19, 2015
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