Osel Devices IPO

Osel Devices IPO offers 44,16,000 shares worth ₹70.66cr. Funds will be used for loan repayment, working capital needs, and general corporate purposes.

Important Details

Open Date : September 16, 2024 Close Date : September 19, 2024 Allotment Date: September 20, 2024 Listing Date: September 24, 2024

Important Details

IPO Price: INR 155-160 per share Lot Size: 800 Shares Total Issue Size: INR 70.66 crores

Fundamental Analysis

Osel Devices IPO  shows mixed performance: 1. Revenue: Steady increase. 2. Profitability: Improved. 3. RoNW: Increased. 4. Debt Reliance: Decreased. 5. EPS: Declined. 6. Inventory Turnover Ratio: Decreased

Peer Comparison

No Comparable Companies: None in India match Osel Devices Limited's business and products. Industry Comparison: Not feasible.

Objective

Main objective of Osel Devices Limited is to prepay or repay loans and fund its working capital needs.

Risks And Challenges

Osel Devices IPO  Risks: 1. Risk: Innovation reliance. 2. Competition: Pricing, quality. 3. Dependence: Healthcare. 4. Vulnerability: Industry downturns, lack of diversification.