Osel Devices SME IPO Details, Financials, Valuation & Peers

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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.

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Status
Listed
Biding Dates
16 Sep - 19 Sep 2024
Price Range
₹155 - ₹160
Issue Size
₹70.66 crore
Listed Price
₹198.0523.78%

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.

IPO Docs

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.

FieldsDetails
IPO Dates16 Sep - 19 Sep 2024
IPO Price Band₹155 - ₹160 per share
Fresh Issue44,16,000 shares
Offer For SaleNIL
Total IPO Size₹70.66 crore
Face Value₹10
Listing OnNSE

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.

EventDate
IPO Opening Date16 Sep 2024
IPO Closing Date19 Sep 2024
Basis Of Allotment20 Sep 2024
Refunds23 Sep 2024
Demat Transfer23 Sep 2024
IPO Listing Date24 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 Ended31st March 202131st March 202231st March 202331st March 2024
Total Income57.6965.5581.96132.69
Total Expenses55.6762.5774.99114.14
Net Profit/Loss1.362.124.6613.05
NPM (*)2.373.255.699.87
Total Assets22.5733.1249.0298.64
Total Liabilities17.5625.4936.7373.30

* 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 Ended31st March 202131st March 202231st March 202331st March 2024
EPS9.9911.4125.0411.31
ROE (%)32.9133.6023.3934.68
ROCE (%)16.9525.1326.9143.17
D/E Ratio1.971.131.451.00
Current Ratio1.181.171.201.24
EBITDA MARGIN (%)5.277.1210.6017.30

* Compiled from DRHP/RHP for valuation purposes.

Peer Comparison

No listed peers available for comparison.

Subscription Data from NSE and BSE

Investor TypeSubscribed
Qualified Institutional Buyer (QIB)78.01
Non-Institutional Investor (NII/HNI)321.4
Retail Individual Investor (RII)206.07
Total194.24

* 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.

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