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Osel Devices Ltd IPO Skyrockets with 22.15x Subscription on Day 2!

Osel Devices Ltd's IPO reached 22.15x subscription on Day 2, highlighting significant investor enthusiasm and market confidence in the company's growth potential.
Osel Devices Limited IPO

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.

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Osel Devices Limited IPO Subscription Status

Osel Devices Ltd IPO saw a Day 1 subscription rate of 6.34x, reflecting overwhelming investor demand and high interest. This impressive multiple underscores strong market confidence, ensuring Osel Devices’ successful debut and a positive start in the stock market.

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.

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