Osel Devices Ltd IPO Blasts Off with 47.82x Subscription Surge on Day 3Osel Devices Ltd IPO Blasts Off with 47.82x Subscription Surge on Day 3

Osel Devices Ltd IPO  achieved a remarkable subscription rate of 47.82 times on Day 3, indicating overwhelming investor interest. This substantial oversubscription reflects the strong market confidence in the company’s potential and its appeal among various investor categories.

Osel Devices Limited IPO Subscription Status

Osel Devices Ltd IPO achieved a subscription rate of 22.15 times on Day 2, indicating a high level of investor interest that far exceeded the available shares, underscoring strong market confidence in the company’s prospective growth.

How to check Osel Devices IPO Subscription Status?

Steps to check Osel Devices Limited IPO subscription status on NSE

Following are the steps to check it through the NSE website

• Visit NSE‘s official website.
• Navigate to the ‘Market Data’ tab.
• Choose ‘IPO’.
• Select the ‘Osel Devices Limited IPO’ to check its subscription status.
• Opt for either NSE Bid details or Consolidated Bid details.
• Explore the total number of bids received from various investors. 

Osel Devices Limited IPO Allotment Status

The allotment date for the Osel Devices Limited IPO is set for September 20, with shares priced from ₹155 to ₹160 per share and a face value of ₹10. The offering consists of lots of 800 shares, with bids accepted for these lots or their multiples.

Osel Devices Limited IPO Listing Date 

Osel Devices Limited IPO is expected to be listed on the NSE SME on September 24, 2024.