Ortel Communications plans IPO

According to reports, the company had filed for the Draft Red Herring Prospectus (DRHP) in September 2014.

Feb 24, 2015 03:02 IST India Infoline News Service

According to reports, the company had filed for the Draft Red Herring Prospectus (DRHP) in September 2014.
The company is looking at a primary issue of 60 lakh shares and sale of another 60 lakh share by New Silk Route.
The company will be utilising the funds for expansion of its network for providing video, data and telephony services, says report.

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