IPO Trending
OSELDEVICESME / NSEListed
Osel Devices

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%

IPO Schedule & Timeline

Bookbuilding IPO
Open16 Sep 2024
Close19 Sep 2024
Allotment20 Sep 2024
Listing24 Sep 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail14,68,800 shares
33.26%
Nii (hni) 6,29,600 shares
14.26%
Anchor12,57,600 shares
28.48%
QIB8,38,400 shares
18.99%
Market Maker2,21,599 shares
5.01%

Minimum Application Lots

Retail1 Lot (800 shares)
₹1,28,000
HNI2 Lots (1,600 shares)
₹2,56,000

Company Promoters

Rajendra Ravi Shanker MishraJyotsna Jawahar

Company Background

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-efficie...

Lead Managers & Bankers

Horizon Management Private Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar 2024 )₹13268.52 Cr
Growth+102.4%
Revenue Trend (₹ in Crores)
0.05.1k10.2k15.3kMar 2022Mar 2023 Mar 2024
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar 2024 13,268.521,305.219,864.2 2,545.23
Mar 2023 8,195.584664,902.091,782.29
Mar 20226,555.49212.313,312.17862.87

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Mar-24 11.3134.68%43.17%14.3619.77
Mar-23 4.0423.39%26.91%00
Mar-221.8433.60%25.13%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Mas Services Limited

Allotment Finalized
Allotment Date
20 Sep 2024
Official Status
Out / Finalized
Registrar
Mas Services Limited
Listing Date
24 Sep 2024

Official Allotment Verification Links

Official Registrar Portal
Mas Services Limited

Direct allotment verification on the official registrar portal appointed for Osel Devices. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization20 Sep 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date24 Sep 2024Trading commences on exchange

How to Check Osel Devices Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Osel Devices from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Official FilingDRHP
Official FilingANCHOR

Allotment FAQs & Help

About Osel Devices IPO

Complete issue overview for Osel Devices (OSELDEVICE) IPO. The issue features an equity share price band of ₹155 – ₹160 per share with a minimum retail lot size of 800 Shares (minimum application amount of ₹1,28,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions