Recently Viewed
Clear AllBidding Date
16-Sep-2024 to
19-Sep-2024
Issue Size
₹70.66 Cr
Price Band
₹155 to ₹160
Allotment date
19-Sep-2024
Listing date
24-Sep-2024
Lot size
800
No. of shares
44,16,000
Fresh issue/OFS
₹70.66 Cr /--
Osel Devices Limited, initially incorporated as ‘Innovative Infratech Soultions Private Limited’ on August 14, 2006, is a technology-driven company focused on manufacturing LED display systems and hearing aids. The company’s comprehensive product portfolio serves various industries, including corporate, healthcare, education, and entertainment, catering to both domestic and international markets. Their LED display systems are widely used for commercial applications such as advertising, command centers, and corporate presentations, while their advanced hearing aids are designed to enhance the quality of life for individuals with hearing disabilities.
Category
Status
QIBs
--
NIIs
--
Retail
--
Others
--
Total
180.6x
The issue size of Osel Devices is ₹70.66 Cr.
Osel Devices falls into Machinery & Equipments industry.
The Osel Devices IPO will be listed on BSE.
The open and close dates for the Osel Devices are 16-Sep-2024 & 19-Sep-2024.
The price band for the Osel Devices ipo is ₹155 to ₹160
The listing date of Osel Devices IPO is 24-Sep-2024.
The purpose of this IPO is to raise fresh capital.
Osel Devices total subscription ratio is 180.6X.
Key financial of the Osel Devices are:
| Osel Devices | FY-24 | FY-23 | FY-22 |
|---|---|---|---|
| Revenue (₹ Cr) | 132.23 | 81.89 | 65.25 |
| EBIT (₹ Cr) | 21.54 | 8.06 | 3.81 |
| Proft after Tax (₹ Cr) | 12.68 | 4.66 | 2.12 |
| Debt (₹ Cr) | 25.45 | 17.82 | 8.63 |
| Net Worth (₹ Cr) | 25.34 | 12.29 | 7.63 |
| RoE (%) | 50.05 | 37.92 | 27.83 |