Osel Devices Limited

Osel Devices Limited IPO

NSE SMEClosed
Sep 16, 2024Open Date
Sep 19, 2024Close Date
TBAAllotment Date
Sep 24, 2024Listing Date

Subscription Details

View Subscription Details
Retail106.07x
QIB / NII0.00x

Overall Subscription

Total Bids Received

194.31x

Updated: 10 Jul, 06:09 pm

Osel Devices Limited IPO Issue Details

Issue Price₹155-160 Per Equity Share
Face Value₹10 Per Equity Share
Fresh Share44,16,000 shares(aggregating up to ₹70.66 crore)
Listing AtNSE SME
Listing DateSep 24, 2024
RegistrarMas Services Limited

Reservation Details

CategoryShares Offered%
NII6,29,60014.26%
QIB8,38,40018.99%
Anchor12,57,60028.48%
Market Maker2,21,6005.02%

Company Information

Osel Devices Limited was formerly known as Innovative Infratech Solutions Private Limited. It was established in the year 2006 and makes a wide variety of LED display systems and hearing aids.The comp...

Valuations

EPS (Pre-IPO)

11.14

EPS (Post-IPO)

8.09

P/E (Pre-IPO)

14.36

P/E (Post-IPO)

19.77

RoNW

51.50%

PAT Margin

9.87%

P/B Value

7.29

Objectives of the Issue

  1. 1Prepayment or repayment of certain loans availed by the Company
  2. 2Funding of working capital requirements of the Company
  3. 3General Corporate Purposes.

Osel Devices Limited – Promoter(s)

Rajendra Ravi Shanker Mishra
Jyotsna Jawahar

Contact Details

Corporate Office

Office No.- 712, Naurang House K.G. Marg, Connaught Place, Central Delhi, New Delhi - 110 001

+91 120 635 1600

info@oseldevices.com

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Registrar Contact

Mas Services Limited

(011) 2610 4142

ipo@masserv.com

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Osel Devices Limited IPO Documents

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