Osel Devcies Limited

  • Minimum Investment
    ₹1,24,000
  • Price Range
    ₹155 - ₹160
  • Issue Size
    ₹70.66 Cr
  • Lot Size
    800 shares

This stock belongs to the SME (Small & Medium Enterprises) segment which usually has low liquidity and hence, is also riskier. It will be traded in a lot size of 2000 shares after listing.

Proceeds of this IPO to be used for

Prepayment or repayment of certain loans availed by the company.

Funding of working capital requirements of the company.

General corporate purposes.

Download RHP DocumentGet more in-depth details about this IPO.

Strengths & Weaknesses of Osel Devcies Limited

Long standing market presence

The company has emerged as a pioneering force in the tailor-made LED display systems and hearing aids industry. Its sustained market presence has not only facilitated nationwide expansion but has also positioned it as a reliable partner for system integrators and other hearing aid manufacturers

Cost effective production and timely fulfilment of orders

The company has taken various steps to ensure adherence to the timely fulfillment of orders and to achieve greater cost efficiency at its existing manufacturing and assembling unit

Reliant on the healthcare industry

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

Depend on a few customers

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

Import majority of raw materials from China

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

Financials

Earnings Per Share

Earnings Per Share (EPS) is calculated by dividing a company’s net income by its average number of outstanding shares.

No Data

Balance Sheet

A financial statement that provides details about a company’s assets, liabilities, and shareholders’ equity at a given point in time.
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Total Current Liabilities--
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Cash Flow

The net amount of cash or cash equivalents being transferred in and out of a company for a specified period of time. Cashflow stems from operating, investing and financing activities.
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Cash from Operating Activity--
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About Osel Devcies Limited

Osel Devices Ltd. was incorporated on August 14, 2006. The company manufactures a comprehensive range of LED display systems. These LED display systems are enabled with a content management system which allows them to connect to a phone or computer and display on screen.
  • Promoter
    Rajendra Ravi Shanker Mishra
  • Promoter
    Jyotsna Jawahar

Osel Devcies Limited IPO FAQs

What is Osel Devcies Limited IPO?

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Osel Devcies Limited IPO refers to the initial public offering of shares by Osel Devcies Limited. It is a process by which the company offers its shares to the public for the first time, allowing individuals to become shareholders.

What is the issue size of Osel Devcies Limited IPO?

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For Osel Devcies Limited IPO the issue size is ₹71 Cr. The issue size is the total value of the shares offered to the public. It represents the amount the company aims to raise through the IPO.

What is the minimum investment amount for the Osel Devcies Limited IPO?

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For Osel Devcies Limited IPO the minimum investment is ₹1,24,000. The minimum investment for Osel Devcies Limited IPO is the smallest amount an individual can invest to participate in the offering. It is usually determined by the company and regulatory requirements.

What is the lot size of Osel Devcies Limited IPO?

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For Osel Devcies Limited IPO the lot size is 800 shares. The lot size of Osel Devcies Limited IPO refers to the number of shares that investors need to bid for and purchase in a single transaction. It is predetermined by the company and regulators.

How to apply for Osel Devcies Limited IPO on Share.Market?

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To apply for Osel Devcies Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the Osel Devcies Limited IPO from the list and click on apply now. Place your bids or choose the Cut-off Price option. Enter your UPI ID and set up your mandate to place your application.

Can I pre-apply for Osel Devcies Limited IPO?

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Yes, investors can often pre-apply for some of the IPOs. Pre-application allows individuals to express their interest in participating in the IPO before the official subscription period begins. To pre- apply for Osel Devcies Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the IPO from the list and click on pre-apply now. Once the IPO opens for subscription you can enter your UPI ID and set up your mandate to place your application.

How many days is the IPO application window open?

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The IPO application window typically remains open for 3 days, starting from the date of the IPO opening. However, this duration can vary depending on the specific IPO and the regulatory requirements.

Till what time can I apply for an IPO on the last day on Share.Market?

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You can apply for the IPO till 3 PM on the last day of application on Share.Market.

What is the allotment date of Osel Devcies Limited IPO?

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For Osel Devcies Limited IPO the allotment date is September 20, 2024. The allotment date of Osel Devcies Limited IPO is the date on which shares are allocated to the successful bidders. It marks the distribution of shares to investors.

What are the open and close dates of Osel Devcies Limited IPO?

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For Osel Devcies Limited IPO, the subscription opens on September 16, 2024 and closes on September 19, 2024. The open and close dates of an IPO indicate the period during which investors can submit their bids to participate in the offering.
Bidding Ongoing
-
Total Subscription
194.23x Oversubscribed
Bidding Ongoing
-
Total Subscription
194.23x Oversubscribed