Listed Price₹198.50
Listing Gain+24.06%
Price Band₹155 - ₹160
Lot Size800 shares
Min Bid₹1,28,000
Subscription194.31x
Listed Market Snapshot
₹198.50Listed price from market data
+24.06%listing gain
Issue Amount
₹70.66 Cr
Listed Price
₹198.50
Current Price
₹485.15
Registrar
Mas Services Limited
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
₹1,28,000HNI2 lots / 1,600 shares
₹2,56,000About 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