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Company Contact Information
OSEL Devices Ltd
Registered Office: No.712 Naurang House K G Marg, Connaught Place Central Delhi, New Delhi - 110001, Delhi
Phone: +91 116 666 7621
Email: info@oseldevices.com
Website: www.oseldevices.com
Initial public offer of upto 44,16,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of the company at an issue price of Rs. 160 per equity share (including a share premium of Rs. 150 per equity share) for cash, aggregating up to Rs. 70.66 crores ("Public Issue") out of which 2,21,600 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 160 per equity share for cash, aggregating Rs. 3.55 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 41,94,400 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 160 per equity share for cash, aggregating up to Rs. 67.11 crores is hereinafter referred to as the "Net Issue". The public issue and net issue will constitute 27.38% and 26.01% respectively of the post-issue paid-up equity share capital of the company. The Offer Price is Rs. 160 per equity share of face value of Rs. 10 each. The Offer Price is 16 times of the face value of the equity shares. Bid cane be made for a minimum of 800 equity shares and in multiples of 800 equity shares thereafter.
IPO Details
Issue Money Payable On
Opens On Closes On Application Allotment
16-Sep-2024 19-Sep-2024 ₹ 160.00 ₹ 0.00
Minimum Application for shares in Nos
Minimum Application for shares in Nos : 800.0 Further Multiples of : 800.0
(₹)Cr. Lead Managers to the Issue
Project Cost 0.00 Horizon Management Pvt Ltd
Project Financed through Current Offer 70.66
Post Issue Equity Share Capital 16.13
Issue Price ₹160.00
Projects
Projects
Prepayment or repayment of all or a portion of certain loans availed by the company
Funding of working capital requirement of the company
General corporate purposes
Promoted By
Promoted By
Rajendra Ravi Shanker Mishra
Jyotsna Jawahar
Listing At
Listing At
NSE - SME
Registrar to the Issue
Registrar to the Issue
MAS Services Ltd

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