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OSELDEVICESME / NSEListed

Osel Devices Limited

Osel Devices Limited, founded in 2006, specializes in manufacturing LED display systems and hearing aids. Its LED displays are used for advertising, presentations, and command centers, while its hearing aids support individuals with hearing difficulties. Operating from a modern facility in Greater Noida, Osel ensures high production capacity and cost-efficient manufacturing. With a strong management team and a workforce of 68 employees as of March 31, 2024, the company is recognized for its quality products and strong customer relationships.

DRHPANCHOR
₹155 - ₹160194.31x sub
Listed Price₹198.50
Listing Gain+24.06%
Timeline•Bookbuilding IPO
Open16 Sep 2024
Close19 Sep 2024
Allotment20 Sep 2024
Listing24 Sep 2024

Quota Reservation Portions

RetailPortion: 14,68,800 shares
33.26%
Nii (hni) Portion: 6,29,600 shares
14.26%
AnchorPortion: 12,57,600 shares
28.48%
QIBPortion: 8,38,400 shares
18.99%
Market MakerPortion: 2,21,599 shares
5.01%

Minimum Application Bracket Matrix

Retail1 lots / 800 shares
₹1,28,000
HNI2 lots / 1,600 shares
₹2,56,000

About the Company

Osel Devices Limited, founded in 2006, specializes in manufacturing LED display systems and hearing aids. Its LED displays are used for advertising, presentations, and command centers, while its hearing aids support individuals with hearing difficulties. Operating from a modern facility in Greater Noida, Osel ensures high production capacity and cost-efficient manufacturing. With a strong management team and a workforce of 68 employees as of March 31, 2024, the company is recognized for its quality products and strong customer relationships.

Company Promoters

Rajendra Ravi Shanker MishraJyotsna Jawahar

Lead Managers

Horizon Management Private Limited

Registrar

Mas Services Limited
(011) 2610 4142
ipo@masserv.com
https://www.masserv.com/opt.asp
View Registrar Details