Chittorgarh.com Logo
Loading...

Ortel Communications IPO Subscription Details (Live Status)

Ortel Communications IPO Details

Issue Open Mar 3, 2015
Issue Close Mar 5, 2015
IPO Price ₹181
Face Value ₹10
IPO Size ₹66.11 Cr
Listing At BSE, NSE
IPO Lot Size 75

Ortel Communications IPO Subscription Status Live

Ortel Communications IPO subscribed 0.76 times. The public issue subscribed 0.39 times in the retail category, 1.00 times in QIB, and 0.09 times in the NII category by Mar 5, 2015.

Investor CategorySubscription (times)
Qualified Institutions1.00
Non-Institutional Buyers0.09
Retail Investors0.39
Employees[.]
Others[.]
Total0.76

Ortel Communications IPO Subscription Details (times)

DateQIBNIIRetailTotal

Day 1
Mar 3, 2015

0.21

0.00

0.03

0.15

Day 2
Mar 4, 2015

0.42

0.00

0.09

0.30

Day 3
Mar 5, 2015

1.00

0.09

0.39

0.76


Ortel Communications IPO Shares Offered

Ortel Communications IPO is a public issue of 9,442,575 equity shares. The issue offers 1,200,000 shares to retail investors, 6,442,575 shares to qualified institutional buyers, and 1,800,000 shares to non-institutional investors.

CategoryShares Offered%
QIB6,442,57568.23%
NII1,800,00019.06%
Retail1,200,00012.71%
Total9,442,575100%

IPO Investor Categories

  • Qualified Institutional Buyers (QIB)

    Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.

  • Non-Institutional Investors(NII)

    Individual investors, NRIs, companies, trusts, etc who bid for more than Rs 2 lakhs are known as Non-institutional bidders or NII. They need not register with SEBI like QIIs.

  • Retail Individual Investors(RII)

    The retail individual investor or NRIs who apply up to Rs 2,00,000 in an IPO are considered as RII reserved category.

  • Employee (EMP)

    A category of eligible employees who have a reserved quota in the IPO.

  • Others

    A category of eligible shareholders or other investors who have a reserved quota in the IPO.

Ortel Communications IPO Subscription FAQs

The Ortel Communications IPO is subscribed 0.76 by Mar 5, 2015.

Ortel Communications IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional1.00
Non Institutional0.09
Retail Individual0.39
Employee Reservations[.]
Others[.]
Total Subscription0.76

Retail category of Ortel Communications IPO subscribed 0.39 times as of date Mar 5, 2015. The public issue closes on 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 0.76 by Mar 5, 2015.

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 Thursday, March 19, 2015. The equity share of Ortel Communications Ltd 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 OnMar 3, 2015
IPO Closes OnMar 5, 2015
Finalisation of Basis of Allotment
Initiation of Refunds
Credit of Shares to Demat Account
IPO Listing Date