Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

Deccan Transcon Leasing IPO vs Osel Devices IPO

Comparison between Deccan Transcon Leasing IPO and Osel Devices IPO.

IPO Details

Deccan Transcon Leasing IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Osel Devices IPO is a SME Bookbuilding proposed to list at NSE SME.

 Deccan Transcon Leasing IPOOsel Devices IPO
LogoDeccan Transcon Leasing IPO LogoOsel Devices IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtNSE SMENSE SME
Lead ManagersUnistone Capital Pvt.Ltd.Horizon Management Pvt.Ltd.
RegistrarMUFG Intime India Pvt.Ltd.MAS Services Ltd.
Market MakerGiriraj Stock Broking Pvt.Ltd.Giriraj Stock Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Deccan Transcon Leasing IPO is up to ₹61.50 Cr whereas the issue size of the Osel Devices IPO is up to ₹67.11 Cr. The final issue price of Deccan Transcon Leasing IPO is ₹108.00 per share and of Osel Devices IPO is ₹160.00 per share.

 Deccan Transcon Leasing IPOOsel Devices IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹102.00 per share₹155.00 per share
Issue Price (Upper)₹108.00 per share₹160.00 per share
Issue Price (Final)₹108.00 per share₹160.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1200 shares800 shares
Fresh Issue Size51,94,000 shares41,94,400 shares
Fresh Issue Size (Amount)up to ₹56.10 Crup to ₹67.11 Cr
OFS Issue Size5,00,000 shares0 shares
OFS Issue Size (Amount)up to ₹5.40 Crup to ₹0.00 Cr
Issue Size Total56,94,000 shares41,94,400 shares
Issue Size Total (Amount)up to ₹61.50 Crup to ₹67.11 Cr

IPO Timetable

Deccan Transcon Leasing IPO opens on Sep 13, 2024, while Osel Devices IPO opens on Sep 16, 2024. The closing date of Deccan Transcon Leasing IPO and Osel Devices IPO is Sep 19, 2024, and Sep 19, 2024, respectively.

 Deccan Transcon Leasing IPOOsel Devices IPO
Anchor Bid DateSep 12, 2024Sep 13, 2024
Issue OpenSep 13, 2024Sep 16, 2024
Issue CloseSep 19, 2024Sep 19, 2024
Basis Of Allotment (Tentative)Sep 20, 2024Sep 20, 2024
Initiation of Refunds (Tentative)Sep 23, 2024Sep 23, 2024
Credit of Share (Tentative)Sep 23, 2024Sep 23, 2024
Listing date (Tentative)Sep 24, 2024Sep 24, 2024
Anchor Lockin End date 1Oct 19, 2024Oct 20, 2024
Anchor Lockin End date 2Dec 18, 2024Dec 19, 2024

Financials & KPIs

Deccan Transcon Leasing IPO P/E ratio is 15.72, as compared to Osel Devices IPO P/E ratio of 14.36.

 Deccan Transcon Leasing IPOOsel Devices IPO
Financials

Deccan Transcon Leasing Limited Financial Information (Restated Consolidated)

Deccan Transcon Leasing Limited's revenue decreased by -15% and profit after tax (PAT) rose by 38% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets7,721.585,407.723,924.64
Total Income15,363.7618,061.7615,319.4
Profit After Tax1,181.89855.7519.1
Net Worth3,221.322,028.261,207.59
Reserves and Surplus1,501.371,808.26987.59
Total Borrowing2,309.551,775.49989.82
Amount in ₹ Lakhs

Osel Devices Limited Financial Information (Restated)

Osel Devices Limited's revenue increased by 62% and profit after tax (PAT) rose by 180% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets9,864.24,902.093,312.17
Total Income13,268.528,195.586,555.49
Profit After Tax1,305.21466212.31
Net Worth2,534.211,229763
Reserves and Surplus1,380.391,042.9576.9
Total Borrowing2,545.231,782.29862.87
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)87.1798.50
Promoter Shareholding (Post-Issue)71.53
P/E Ratio15.7214.36
Market Cap₹245.41 Cr.₹258.07 Cr.
ROE45.03%34.68%
ROCE41.43%43.17%
Debt/Equity0.72
EPS₹6.87₹11.14
RoNW36.69%51.50%

Shares Offered

In the Deccan Transcon Leasing IPO Retail Individual Investors (RII) are offered 19,93,200 shares while in Osel Devices IPO retail investors are offered 19,93,200 shares. Qualified Institutional Buyers (QIB) are offered 14,46,000 shares in Deccan Transcon Leasing IPO and 8,38,400 shares in Osel Devices IPO.

 Deccan Transcon Leasing IPOOsel Devices IPO
Anchor Investor Reserveration14,00,400 shares12,57,600 shares
Market Maker Reserveration3,30,000 shares2,21,600 shares
QIB14,46,000 shares8,38,400 shares
NII8,54,400 shares6,29,600 shares
RII19,93,200 shares14,68,800 shares
Employee
Others
Total56,94,000 shares41,94,400 shares

Bids Received (Subscription)

Deccan Transcon Leasing IPO subscribed 102.60x in total, whereas Osel Devices IPO subscribed 194.24x.

 Deccan Transcon Leasing IPOOsel Devices IPO
QIB (times)42.07x78.01x
NII (times)147.76x321.40x
Big NII (times)
Small NII (times)
RII (times)127.18x206.07x
Employee (times)
Other (times)
Total (times)102.60x194.24x