Monte Carlo was still a better choice but highly priced. Ortel is pricing as if it''s the next alibaba cisco but the truth is it just became profitable and pretty capital intesive. The sector is also very competitive and wafer thin margins. SUBSCRIBE ONLY IF YOU ARE A GAMBLER.
As per the financials company has recently turned profitable. They managed profit of 60 Lakhs for the last first half of FY15. Considering they continue to perform the same way for second half of FY15 they would end up with profits close to 1.2 crore. With this IPO company is trying to value itself at 500 crore + which seems way to high.Please avoid there are much better bets available in secondary market even today.