Ortel IPO closes 5pm for retail; QIB/HNI/NIB Bidding for ORTEL to close at 4.00 pm

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QIB/NIB/HNI Bidding for Book Building issue of ORTEL Communication Ltd to close for Bidding at 4.00 pm today. Retail Bidding ( IND< 200000 ) would continue till 5.00 pm

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Please find below the brief on Ortel Communications Limited IPO with Price Band and Bid Lot

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& Retail Application matrix

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Company	Ortel Communications Limited IPO
Offer Period	Offer Opens On :  Tuesday, March 03, 2015 Offer Closes On :  Thursday, March 05, 2015
Price Band	`181/- to   `   200/-
Bid Lot	75 Equity Shares
Lead Manager	Kotak Securities Limited
Registrar	Karvy Computershare Private Limited
Issue Size	1,20,00,000 Equity shares of Face value  `10 each, Comprising of fresh issue of 60,00,000 Equity Shares and Offer for Sale of upto 60,00,000 Equity Shares by NSR-PE Mauritius LLC (Selling Shareholder).
QIB	75% of Net Issue Offer (90,00,000 Equity Shares)
NIB	15% of Net Issue Offer (18,00,000 Equity Shares)
Retail	10% of Net Issue Offer (12,00,000 Equity Shares)
Listing	NSE and BSE

Application Matrix ( Retail) :-

ORTEL COMMUNICATIONS LIMITED - IPO
ISSUE OPENS ON  on 03/03/2015  & CLOSES ON 05/03/2015
PRICE BAND : ` 181/- to ` 200/-
BID LOT : 75 Equity Shares
NO OF SHARES	AMOUNT @  ` 200/-
75	15,000
150	30,000
225	45,000
300	60,000
375	75,000
450	90,000
525	105,000
600	120,000
675	135,000
750	150,000
825	165,000
900	180,000
975	195,000