31 Mar 2022
Assets33.12
Total Income65.55
Profit After Tax2.12
NET Worth7.63
Reserves and Surplus5.77
Total Borrowing8.63
At a glance
Updated 2026-08-24The shares listed at ₹198.05, a 23.78% move from the issue price. Osel Devices is a SME IPO with an issue size of ₹70.66 crore, proposed for listing on NSE SME. The offer opens on 16th Sep 2024 and closes on 19th Sep 2024. The issue structure includes a fresh issue of ₹67.11 crore. The current listing schedule points to 24th Sep 2024.
Issue details
Listing atNSE SME
Issue typeBook Build Issue
Issue size₹70.66 Cr
Fresh issue₹67.11 Cr
Face value₹10
Price band₹155.00–₹160.00
Allotment20th Sep 2024
Listing24th Sep 2024
Listing performance
Full performance ↗Issue price₹160.00
Listing price₹198.05
Current price—
Listing gain23.78%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹100.00
GMP / upper price62.50%
Est. listing₹260.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens16th Sep 2024
Closes19th Sep 2024
Allotment20th Sep 2024
Refund23rd Sep 2024
Demat23rd Sep 2024
Listing24th Sep 2024
Subscription demand
Full bidding ↗Total194.24×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 800 | ₹128,000 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Prepayment or repayment of certain loans availed by the Company; | ₹6.00 Cr |
| Funding of working capital requirements of the Company; | ₹44.00 Cr |
| General Corporate Purposes | ₹10.78 Cr |
Financials
Full financials ↗31 Mar 2023
Assets49.02
Total Income81.96
Profit After Tax4.66
NET Worth12.29
Reserves and Surplus10.43
Total Borrowing17.82
31 Mar 2024
Assets98.64
Total Income132.69
Profit After Tax13.05
NET Worth25.34
Reserves and Surplus13.80
Total Borrowing25.45
Trend chart₹ crore
KPIs
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 34.68% |
| ROCE | 43.17% |
| RoNW | 51.50% |
| PAT Margin | 9.87% |
| Price to Book Value | 7.29 |
Valuation & shareholding
Pre-IPO EPS11.14
Post-IPO EPS8.09
Pre-IPO P/E14.36
Post-IPO P/E19.77
Promoter holding pre98.5%
Promoter holding post71.53%
Market cap₹258.07 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Issue management fees including fees and reimbursements of Market Making fees and payment to other Intermediaries such as Legal Advisors to the IPO, Registrars and other out of pocket expenses. | ₹0.81 Cr |
| Marketing and Selling Commission and expenses | ₹8.75 Cr |
| Advertising and marketing expenses | ₹0.21 Cr |
| Printing and distribution of issue stationery | ₹0.01 Cr |
| Listing fees | ₹0.01 Cr |
| SEBI and NSE processing fees | ₹0.00 Cr |
| Book Building software fees | ₹0.04 Cr |
| Other regulatory expenses | ₹0.05 Cr |
| Miscellaneous | ₹0.01 Cr |
Registrar & lead managers
Registrar
MAS Services Ltd.Lead managers
- Horizon Management Pvt.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.