Osel Devices SME IPO Details, Financials, Valuation & Peers
Get everything you need to know about the Osel Devices IPO. Explore Osel Devices IPO details, including IPO dates, financial statements, valuation, peer comparison, and more.
Overview
Osel Devices Limited, founded in 2006 as Innovative Infratech Solutions Private Limited, specializes in the manufacturing of cutting-edge LED display systems and advanced hearing aids. With a state-of-the-art production facility in Greater Noida, the company focuses on delivering high-performance components and systems that cater to commercial, healthcare, and governmental sectors. Osel Devices is renowned for its comprehensive range of LED display solutions, including indoor, outdoor, transparent, and customized options, as well as its advanced hearing aids designed to enhance the quality of life for individuals with hearing impairments. The company has achieved certification for its products, ensuring compliance with international standards and continues to expand its market reach domestically and globally.
Key Points:
- Product Portfolio:
- LED Display Systems: Includes indoor, outdoor, transparent, and customized solutions. Used for advertising, corporate settings, command center, and more.
- Hearing Aids: Offers digital programmable and non-programmable hearing aids, with ongoing development in various hearing aid categories.
- Production Capacity: 15,000 square feet of LED displays and 400,000 hearing aids per annum.
- Market Presence:
- LED Displays: Serves a diverse clientele including government, education, healthcare, and corporate sectors, with a network of distributors and resellers.
- Hearing Aids: Supplies to government entities and engages in white-label manufacturing.
Objects of the Issue
- Prepayment or repayment of certain loans availed by the Company
- Funding of working capital requirements of the Company
- General Corporate Purposes.
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 16 Sep - 19 Sep 2024 |
| IPO Price Band | ₹155 - ₹160 per share |
| Fresh Issue | 44,16,000 shares |
| Offer For Sale | NIL |
| Total IPO Size | ₹70.66 crore |
| Face Value | ₹10 |
| Listing On | NSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 16 Sep 2024 |
| IPO Closing Date | 19 Sep 2024 |
| Basis Of Allotment | 20 Sep 2024 |
| Refunds | 23 Sep 2024 |
| Demat Transfer | 23 Sep 2024 |
| IPO Listing Date | 24 Sep 2024 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | 31st March 2024 |
|---|---|---|---|---|
| Total Income | 57.69 | 65.55 | 81.96 | 132.69 |
| Total Expenses | 55.67 | 62.57 | 74.99 | 114.14 |
| Net Profit/Loss | 1.36 | 2.12 | 4.66 | 13.05 |
| NPM (*) | 2.37 | 3.25 | 5.69 | 9.87 |
| Total Assets | 22.57 | 33.12 | 49.02 | 98.64 |
| Total Liabilities | 17.56 | 25.49 | 36.73 | 73.30 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | 31st March 2024 |
|---|---|---|---|---|
| EPS | 9.99 | 11.41 | 25.04 | 11.31 |
| ROE (%) | 32.91 | 33.60 | 23.39 | 34.68 |
| ROCE (%) | 16.95 | 25.13 | 26.91 | 43.17 |
| D/E Ratio | 1.97 | 1.13 | 1.45 | 1.00 |
| Current Ratio | 1.18 | 1.17 | 1.20 | 1.24 |
| EBITDA MARGIN (%) | 5.27 | 7.12 | 10.60 | 17.30 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
No listed peers available for comparison.
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 78.01 |
| Non-Institutional Investor (NII/HNI) | 321.4 |
| Retail Individual Investor (RII) | 206.07 |
| Total | 194.24 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
MAS Services Limited
Phone: +91 112 638 7281/83, 114 132 0335
Email: ipo@masserv.com
Website: www.masserv.com
Company Promoters
- RAJENDRA RAVI SHANKER MISHRA
- JYOTSNA JAWAHAR
Lead Managers
- Horizon Management Private Limited
Company Address
Osel Devices Limited
Office No.- 712, Naurang House K.G. Marg, Connaught Place, Central Delhi, New Delhi- 110 001, Delhi, India
Phone: +91 120 635 1600
Email: info@oseldevices.com
Website: www.oseldevices.com
FAQs
- What is the issue size of the Osel Devices SME IPO?The Osel Devices SME IPO has an issue size of ₹70.66 crore. This includes a fresh issue of 44,16,000 shares and an offer for sale (OFS) of NIL.
- What is the price band of the Osel Devices IPO?The price band for the Osel Devices IPO is ₹155 - ₹160 per share.
- What are the bidding dates for the Osel Devices IPO?The Osel Devices IPO will open for bidding on 16 Sep 2024 and close on 19 Sep 2024.
- What is the allotment date for the Osel Devices IPO?The allotment date for the Osel Devices IPO is 20 Sep 2024.
- What is the listing date for the Osel Devices IPO?The listing date for the Osel Devices IPO is 24 Sep 2024.
- What is the Osel Devices IPO grey market premium?The grey market premium (GMP) for the Osel Devices IPO is currently at ₹100, with an expected listing gain of approximately 62.5%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.