Osel Devices IPO Live Subscription Status: Osel Devices IPO is Open on 16 September 2024 and Close on 19 September 2024. Osel Devices IPO to Raise 4,416,000 shares (Approx ₹70.66 Cr) via IPO. The Fresh Issue is 4,416,000 shares (Approx ₹70.66 Cr).
- The Retail Quota is 35%
- QIB is 50%
- NII is 15%
The Osel Devices IPO is an SME IPO and Listed on BSE SME. Osel Devices IPO Price Band is Fixed at ₹160 Equity Shares. Osel Devices IPO Lot Size is 800 Shares.
Also Read: Osel Devices IPO GMP, Review, Price Date, Latest IPO Details
Osel Devices IPO Subscription Status, Rate bid times
| Inv Category | Shares Reserved | No. of Shares bid for | No. of Times (Subscription) |
|---|---|---|---|
| Qualified Buyers (QIBs) | 8,38,400 | 6,54,07,200 | 78.01 |
| Non Institutional Buyers (NIIs) | 6,29,600 | 20,23,55,200 | 321.40 |
| Retail Individual Buyers (RIIs) | 14,68,800 | 30,26,76,000 | 206.07 |
| Anchor Investor | 12,57,600 | 12,57,600 | 1 |
| Total | 29,36,800 | 57,04,38,400 | 194.24 |
Osel Devices IPO Subscription Status day-by-day-
| Categories | 16 Sep | 17 Sep | 18 Sep | 19 Sep |
|---|---|---|---|---|
| QIB | 0.00 | 0.00 | 0.00 | 78.01 |
| NII | 1.67 | 17.70 | 32.62 | 321.40 |
| RII | 6.12 | 40.69 | 73.92 | 206.07 |
| Total | 3.42 | 24.15 | 43.96 | 194.24 |
About IPO :
Osel Devices manufacture comprehensive range of LED display systems. We are equipped with software and hardware capabilities. Our LED display systems are enabled with content management system which allows it to connect to phone or computer and display on screen. Equipped with the latest technology and adhering to rigorous quality control standards, we produce a wide range of high-performance components and systems.
This vertical integration ensures consistency and excellence in every product we deliver. The LED display systems manufactured by us have been used by corporate for commercial usage such as advertising media, billboards, corporate meeting rooms, presentations, display promotions, command control centre and front sign boards.
We also manufacture latest hearing aids commonly known as assisted healthcare devices. Our hearing aids are designed to support individuals with disabilities, elderly person and chronic patients, who are having low hearing level, in performing everyday activities more effectively to enhance quality of life. Our major customer for hearing aids is Artificial Limbs Manufacturing Corporation of India. We manufacture Digital Programable and Non-Programmable Hearing Aids.
We use the latest equipments installed to design, manufacture and assemble our LED display systems from raw materials processing, preparation of sub-assembling, component fitment, testing, inspection and quality control. Similarly, we use the latest machineries installed to design, manufacture and assemble our hearing aids from raw materials processing, printed circuit board assembling (PCB), testing, programming, sub-assembling and soldering, final device assembling and quality control.
LED Display systems: The products segment includes:
- Indoor LED Solutions.
- Outdoor LED Solutions.
- Transparent LED Solutions.
- Customized LED Solutions.
Osel Devices holdings Investor Categories
- Qualified Institutional Buyers (QIB).
- Non- Institutional Investors (NII).
- Retail individual Investors (RII).
- Employee (EMP).
- Others (Eligible Shareholders).
Who Is QIB In IPO?
QIB Stands For “Qualified Institutional Buyer” In The Context Of An IPO (Initial Public Offering). QIBs Are A Category Of Institutional Investors Who Are Considered Financially Sophisticated And Meet Certain Regulatory Criteria For Participating In Capital Markets.
NII Stands For “Non-Institutional Investors” In The Context Of An IPO (Initial Public Offering). Non-Institutional Investors Are A Category Of Investors Who Participate In The IPO Alongside Institutional Investors And Retail Investors.
Who Is RII In IPO?
RII Stands For “Retail Individual Investor” In The Context Of An IPO (Initial Public Offering). Retail Individual Investors Are Individual Investors Who Participate In The IPO Alongside Institutional Investors And Non-Institutional Investors. RII Typically Includes Individual Investors Who Do Not Meet The Criteria To Be Classified As Institutional Investors Or Non-Institutional Investors.
Who Is EMP In IPO?
“EMP” In The Context Of An IPO (Initial Public Offering) Typically Stands For “Employee.”
Osel Devices Review From MoneyMintIdea –
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