Ortel Communications IPO – Should you invest?

Ortel Communications Limited IPO

Ortel Communications IPO – Should you invest? Delhi based Ortel Communications IPO would hit market next week. Revenues grown from Rs 815 Million to R 1,350 Million in last 5 years. It earned Rs 66 Lakhs profit for period ended Sep-2014. All looks good right. This company has been making losses for the last 5 years. But still it asks for Rs 181-200 per share price. While SEBI is scrutinizing the IPO, somewhere there is still gap. How is this […]

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