Osel Devices Limited
₹1,28,000(800 Shares)
Minimum Investment
IPO Dates
Sep 16, 2024 – Sep 19, 2024
Price Band
₹155–160 per equity share
Lot Size
800
Listing
Sep 24, 2024
Listing At
NSE SME
Osel Devices Limited Live Subscription Details
All IPOsAll Live IPOsOverall Subscription
Total Bids Received
194.31x
Osel Devices Limited IPO Issue Details
- Issue Price
- ₹155-160 Per Equity Share
- Face Value
- ₹10 Per Equity Share
- Fresh Share
- 44,16,000 shares(aggregating up to ₹70.66 crore)
- Listing At
- NSE SME
- Listing Date
- Sep 24, 2024
- Registrar
- Mas Services Limited
Reservation Details
Shares Offered
6,29,600
Shares Offered
8,38,400
Shares Offered
12,57,600
Shares Offered
2,21,600
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
- 1Prepayment or repayment of certain loans availed by the Company
- 2Funding of working capital requirements of the Company
- 3General Corporate Purposes.
Osel Devices Limited – Promoter(s)
Contact Details
Corporate Office
Office No.- 712, Naurang House K.G. Marg, Connaught Place, Central Delhi, New Delhi - 110 001
Osel Devices Limited Allotment & Registrar Details
Check AllotmentMas Services Limited
Osel Devices Limited IPO Documents
Frequently Asked Questions — Osel Devices Limited IPO
The Osel Devices Limited IPO price band is set at ₹155.00 to ₹160.00 per equity share.
The lot size for Osel Devices Limited IPO is 800 shares per lot. The minimum investment amount is approximately ₹1,28,000.
The Osel Devices Limited IPO opens on Sep 16, 2024 and closes on Sep 19, 2024.
Osel Devices Limited IPO is expected to be listed on Sep 24, 2024 on NSE SME.
The current GMP for Osel Devices Limited IPO is ₹95, suggesting an expected listing price of around ₹250.00. Note: GMP is an unofficial market indicator.
The registrar for Osel Devices Limited IPO is Mas Services Limited. You can contact them at ipo@masserv.com.
