IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
Osel Devices IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in New Delhi and caters to Electric Equipments sector. Horizon Management Private is the merchant banker of Osel Devices IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 21st June 2024.
Osel Devices IPO open date is 16th September 2024 and close date is 19th September 2024. IPO Allotment Date is 20th September 2024 and Listing date is 24th September 2024.Osel Devices IPO size is Rs 70.66 Cr. crores with IPO price of Rs 160.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Horizon Management Private Limited is the book-running lead manager of the Osel Devices IPO. Mas Services Limited is the Registrar and Market Maker is Giriraj Stock Broking Private Limited for Osel Devices IPO.
Osel Devices IPO anchor investors are the below investors. The number of anchor investors in this IPO is 5.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in Rs.) | Amount Invested (in Rs.) |
|---|---|---|---|
| Invicta Continuum Fund | 468,800.00 | ₹160.00 | ₹75,008,000.00 |
| Next Orbit Ventures | 240,000.00 | ₹160.00 | ₹38,400,000.00 |
| Nova Global Opportunities | 88,800.00 | ₹160.00 | ₹14,208,000.00 |
| SB OPPORTUNITIES FUND | 119,200.00 | ₹160.00 | ₹19,072,000.00 |
| Acintyo Investment Fund | 340,800.00 | ₹160.00 | ₹54,528,000.00 |
Osel Devices IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Osel Devices IPO, based in New Delhi, operates in the Electric Equipments sector with a focus on manufactures a comprehensive range of LED display systems and hearing aids.. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Osel Devices IPO size is ₹ 70.66 Cr. Crores with fresh issue size of Rs 70.66 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Osel Devices IPO is expected to be 20th September 2024, after the finalization of basis of allotment. Investors can check Osel Devices IPO allotment status on the registrars website, Mas Services Limited. Osel Devices IPO refund dates are 23rd September 2024.
Osel Devices IPO is expected to be listed on 24th September 2024.
The upper price band for the Osel Devices IPO is set at ₹ 160.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Osel Devices IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Osel Devices IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 19th September 2024. After submission, funds are blocked until the basis of allotment of Osel Devices IPO is finalised.
The merchant banker for Osel Devices IPO is Horizon Management Private Limited . Horizon Management Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Osel Devices IPO RHP for further details.
The registrar for Osel Devices IPO is Mas Services Limited. Investors can go to Mas Services Limited registrar website for IPO allotment status, refund processing, and other queries related to Osel Devices IPO through their official website or helpline.
Osel Devices IPO was subscribed 194.24 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 70.66 Cr.
Avg IPO Size (Sector Based)
:
₹ 34.18 Cr.
Sector: Electric Equipments
SME IPO so far:
39
Merchant Banker:
Horizon Management
SME IPO by BRLM so far:
47
City:
New Delhi
SME IPO so far:
152
Revenue (annualised):
₹ 1.33 cr.
PE
Ratio:
19.77x
Average Sector PE Ratio: 18.31x
Osel Devices IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Osel Devices Financial Review Page
Merchant Banker(s) of Osel Devices IPO: Horizon Management Private Limited
Osel Devices IPO subscription was 194.24 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Osel Devices IPO listed at a listing price of 207.95 against the offer price of 160.00.
The current market price of Osel Devices is 217.90.
Why Us?
