OSEL Devices Ltd IPO

OSEL Devices Ltd IPO

Consumer Durables

sme

Bidding period

16 Sep 2024 - 19 Sep 2024

Bid price

₹160.00 - ₹160.00

Listing on

NSE-SME

Listing date

24 Sep 2024

Lot size

800 shares

Issue size

₹70.66 crore


Minimum investment

₹1,28,000.00 / 1 lot

Maximum investment

₹1,28,000.00 / 1 lot

Bidding closed on 19 Sep 2024

EXPLORE IPOs
EXPLORE IPOs

OSEL Devices Ltd IPO dates

IPO opening date

16 Sep 2024

IPO end date

19 Sep 2024

Allotment date

20 Sep 2024

Initiation of refunds

23 Sep 2024

Credit of shares to demat

23 Sep 2024

IPO listing date

24 Sep 2024

OSEL Devices Ltd IPO financials

Particulars

For the period ending in March 2024 (in ₹ million)

Total assets ₹98.64
Total liabilities ₹98.64
Total expenditure ₹114.14
Total revenue ₹132.69
Profit after tax ₹13.05
EBITDA ₹22.88
Adjusted EBITDA ₹0.00

OSEL Devices Ltd shareholder pattern

Pre-issue Post-issue
Promoter group 98.5 71.53
Public group 1.5 28.47

OSEL Devices Ltd strengths and risks

Information currently unavailable

  • One of the leading specialized LED display system and hearing aids manufacturer with long standing market presence.

  • Geographical presence.

  • Quality Assurance and Quality Control of its products.

  • Strong, cordial & long-term relationship with its clients.

  • Cost effective production and timely fulfilment of orders.

  • Well experienced management team.

  • Marque Customers.

  • Post Sale service and support.

  • Its commercial success is largely dependent upon the company ability to develop and design innovative products suitable for the requirements of its customers. The company inability to effectively utilize and manage its ability to develop and design innovative products would impact its business, revenue and profitability.

  • The Company is reliant on the demand from the healthcare industry for a significant portion of its revenue. Any downturn in the healthcare industry or an inability to increase or effectively manage its sales could have an adverse impact on the Company's business and results of operations.

  • The commercial success of its products depends to a large extent on the success of the products of its end use customers. If the demand for the end use products in which its products are used as a raw materials declines, it could have a material adverse effect on its business, financial condition and results of operations.

  • The company depends on a few customers of its products, for a significant portion of the company revenue, and any decrease in revenues or sales from any one of its key customers may adversely affect its business and results of operations.

  • The company generates its major portion of sales from its operations in certain geographical regions. Any adverse developments affecting its operations in these regions could have an adverse impact on its revenue and results of operations.

  • The Company had negative cash flows in the past years, details of which are given below. Sustained negative cash flow could impact its growth and business.

  • The company has a limited operating history in respect of its products, which may make it difficult for investors to evaluate its business and prospects.

  • A part of the Issue proceeds will be utilized by the Company for repayment or prepayment of loans availed by the Company.

  • The company import majority of its raw materials from China. Any inability to pass on increased price of the key raw materials, used for manufacturing its products may affect the company profitability.

  • The company highly depends on its key raw material and a few key suppliers who help it procure the same. The Company has not entered into long-term agreements with its suppliers for supply of raw materials. In the event the company is unable to procure adequate amounts of raw materials, at competitive prices its business, results of operations and financial condition may be adversely affected.

How to check the allotment status of the OSEL Devices Ltd IPO?

To check the IPO allotment status, follow these steps:

 

  1. Visit the official website of the IPO’s registrar.
  2. Go to the IPO allotment status page.
  3. Select the ‘OSEL Devices Ltd’ from the list of available IPOs.
  4. Enter your PAN, Demat ID, or application number.
  5. Click on ‘Submit’ or ‘Check Status’ to view your allotment details.

Alternatively, you can also check the allotment status on stock exchange websites such as the NSE or BSE.

To check the IPO allotment status, follow these steps:

 

  1. Visit the official website of the IPO’s registrar.
  2. Go to the IPO allotment status page.
  3. Select the ‘OSEL Devices Ltd’ from the list of available IPOs.
  4. Enter your PAN, Demat ID, or application number.
  5. Click on ‘Submit’ or ‘Check Status’ to view your allotment details.

Alternatively, you can also check the allotment status on stock exchange websites such as the NSE or BSE.

Read more Read less

OSEL Devices Ltd IPO registrar

MAS Services Ltd

Phone number +91 112 638 7281/83,
E-mail ID investor@masserv.com
Website www.masserv.com

OSEL Devices Ltd IPO reservation

QIB shares offered

8,38,400 (18.99%)

NII (HNI) shares offered

6,29,600 (14.26%)

Retail shares offered

14,68,800 (33.26%)

Anchor investor shares offered

12,57,600 (28.48%)

Total shares offered

44,16,000

Total shares with anchor investor

44,16,000

OSEL Devices Ltd IPO lead manager

  • Horizon Management Pvt Ltd

Explore other IPOs

Aditya Infotech Limited logo
Aditya Infotech Limited logo

Aditya Infotech Limited IPO

Bidding period

To Be Announced

Bid price range

To Be Announced
Advance Agrolife Limited logo
Advance Agrolife Limited logo

Advance Agrolife Limited IPO

Bidding period

To Be Announced

Bid price range

To Be Announced
Advanced SysTek Limited logo
Advanced SysTek Limited logo

Advanced SysTek Limited IPO

Bidding period

To Be Announced

Bid price range

To Be Announced
Agilus Diagnostics Limited logo
Agilus Diagnostics Limited logo

Agilus Diagnostics Limited IPO

Bidding period

To Be Announced

Bid price range

To Be Announced
Airox Technologies Limited logo
Airox Technologies Limited logo

Airox Technologies Limited IPO

Bidding period

To Be Announced

Bid price range

To Be Announced
Ajay Poly Limited logo
Ajay Poly Limited logo

Ajay Poly Limited IPO

Bidding period

To Be Announced

Bid price range

To Be Announced
All Time Plastics Limited logo
All Time Plastics Limited logo

All Time Plastics Limited IPO

Bidding period

To Be Announced

Bid price range

To Be Announced
Allchem Lifescience Limited logo
Allchem Lifescience Limited logo

Allchem Lifescience Limited IPO

Bidding period

To Be Announced

Bid price range

To Be Announced
Amanta Healthcare Limited logo
Amanta Healthcare Limited logo

Amanta Healthcare Limited IPO

Bidding period

To Be Announced

Bid price range

To Be Announced
Anand Rathi Share AND Stock Brokers Limited logo
Anand Rathi Share AND Stock Brokers Limited logo

Anand Rathi Share AND Stock Brokers Limited IPO

Bidding period

To Be Announced

Bid price range

To Be Announced
Anlon Healthcare Limited logo
Anlon Healthcare Limited logo

Anlon Healthcare Limited IPO

Bidding period

To Be Announced

Bid price range

To Be Announced
Anthem Biosciences Limited logo
Anthem Biosciences Limited logo

Anthem Biosciences Limited IPO

Bidding period

To Be Announced

Bid price range

To Be Announced
AOne Steels India Limited logo
AOne Steels India Limited logo

AOne Steels India Limited IPO

Bidding period

To Be Announced

Bid price range

To Be Announced
Ardee Engineering Limited logo
Ardee Engineering Limited logo

Ardee Engineering Limited IPO

Bidding period

To Be Announced

Bid price range

To Be Announced
Armee Infotech Limited logo
Armee Infotech Limited logo

Armee Infotech Limited IPO

Bidding period

To Be Announced

Bid price range

To Be Announced
Asirvad Microfinance Limited logo
Asirvad Microfinance Limited logo

Asirvad Microfinance Limited IPO

Bidding period

To Be Announced

Bid price range

To Be Announced
Atlanta Electricals Limited logo
Atlanta Electricals Limited logo

Atlanta Electricals Limited IPO

Bidding period

To Be Announced

Bid price range

To Be Announced
Avanse Financial Services Limited logo
Avanse Financial Services Limited logo

Avanse Financial Services Limited IPO

Bidding period

To Be Announced

Bid price range

To Be Announced
Aye Finance Limited logo
Aye Finance Limited logo

Aye Finance Limited IPO

Bidding period

To Be Announced

Bid price range

To Be Announced

How to apply for an IPO with Bajaj Broking?

adafafds
 
 
  • Log in to the Bajaj Broking trading platform and select ‘IPO’ from the menu.
  • Browse the list of open IPOs and click ‘Apply’ for your chosen IPO.
  • Enter the quantity and your UPI ID.
  • Submit your application—and you're done!

Frequently asked questions

What is the listing date for the OSEL Devices Ltd IPO?

The listing date for the OSEL Devices Ltd IPO is 24 Sep 2024.

What is the issue size of OSEL Devices Ltd IPO?

The issue size of the OSEL Devices Ltd IPO is ₹70.66 cr.

What is the minimum lot size needed for OSEL Devices Ltd IPO?

The minimum lot size for OSEL Devices Ltd IPO is 800

When does the OSEL Devices Ltd open and close?

OSEL Devices Ltd IPO is open from 16 Sep 2024 to 19 Sep 2024.

How can I apply for the OSEL Devices Ltd IPO?

To apply for the OSEL Devices Ltd, follow the steps given below:

  • Log in to your Bajaj Broking trading account and navigate to the current IPOs section.
  • Browse the list of open IPOs and click ‘Apply’ for your chosen PO.
  • Enter the quantity and your UPI ID. You will receive a mandate notification to block funds in your UPI app.
SHOW MORE SHOW LESS

Disclaimer

*Disclaimer for Bajaj Finance Limited (‘BFL’):

Stock trading business is carried by Bajaj Financial Securities Limited ("BFSL"), a broker and Depository Participant registered with Securities Exchange Board of India and offers various products/services related to Securities market (Securities market products/services). BFL merely facilitates display of data shared by BFSL on its webpage/mobile application. Such data received from BFSL, or any of its service providers is on “as is” basis. BFL does not make any representation or warranty, express or implied, regarding accuracy, completeness of such data displayed herein.

When you opt to avail the Securities market products/services of BFSL by clicking on the BFSL weblink/mobile app, you will be redirected to BFSL's web page/mobile app for initiation and completion of the transaction. You are supposed to exercise independent diligence by reading all the related documents carefully before deciding to invest in Securities market Products/services.

BFL is a Non-Banking Financial Company carrying the business of acceptance of deposits and providing lending solutions to Retail and Corporate customers. BFL does not offer nor advice on Securities market products/services and shall not be liable or responsible for any of your investment decision."

**Disclaimer: For Bajaj Financial Securities Limited

Investments in securities market are subject to market risk, read all the related documents carefully before investing. Brokerage will not exceed the SEBI prescribed limit. All leveraged intraday positions will be squared off the same day. There is no restriction on withdrawal of unutilised margin amount. Trade Recommendations are research-calls provided under the SEBI Research Analyst guidelines.
Visit https://www.bajajbroking.in/disclaimer for complete disclaimer.

Securities market Products/services are made available only at the discretion of BFSL and subject to the individual contractual terms and conditions of the respective Securities market products/services. You shall be the sole owner of any decision to invest in any BFSL's Securities market products/services.

Securities market products/services may be withdrawn or amended at any time by BFSL without notice and your recourse in such case would be directly to reach out BFSL at connect@bajajfinserv.in or 1800 833 8888.

Powered by Bajaj Financial Securities Limited (Bajaj Broking)