Comparison between Osel Devices IPO and Phoenix Overseas IPO.
Osel Devices IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Phoenix Overseas IPO is a SME Bookbuilding proposed to list at NSE SME.
| Osel Devices IPO | Phoenix Overseas IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Horizon Management Pvt.Ltd. | Khandwala Securities Ltd. |
| Registrar | MAS Services Ltd. | Cameo Corporate Services Ltd. |
| Market Maker | Giriraj Stock Broking Pvt.Ltd. | Nikunj Stock Brokers Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Osel Devices IPO is up to ₹67.11 Cr whereas the issue size of the Phoenix Overseas IPO is up to ₹34.23 Cr. The final issue price of Osel Devices IPO is ₹160.00 per share and of Phoenix Overseas IPO is ₹64.00 per share.
| Osel Devices IPO | Phoenix Overseas IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹155.00 per share | ₹61.00 per share |
| Issue Price (Upper) | ₹160.00 per share | ₹64.00 per share |
| Issue Price (Final) | ₹160.00 per share | ₹64.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 800 shares | 2000 shares |
| Fresh Issue Size | 41,94,400 shares | 42,98,000 shares |
| Fresh Issue Size (Amount) | up to ₹67.11 Cr | up to ₹27.51 Cr |
| OFS Issue Size | 0 shares | 10,50,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹6.72 Cr |
| Issue Size Total | 41,94,400 shares | 53,48,000 shares |
| Issue Size Total (Amount) | up to ₹67.11 Cr | up to ₹34.23 Cr |
Osel Devices IPO opens on Sep 16, 2024, while Phoenix Overseas IPO opens on Sep 20, 2024. The closing date of Osel Devices IPO and Phoenix Overseas IPO is Sep 19, 2024, and Sep 24, 2024, respectively.
| Osel Devices IPO | Phoenix Overseas IPO | |
|---|---|---|
| Anchor Bid Date | Sep 13, 2024 | |
| Issue Open | Sep 16, 2024 | Sep 20, 2024 |
| Issue Close | Sep 19, 2024 | Sep 24, 2024 |
| Basis Of Allotment (Tentative) | Sep 20, 2024 | Sep 25, 2024 |
| Initiation of Refunds (Tentative) | Sep 23, 2024 | Sep 26, 2024 |
| Credit of Share (Tentative) | Sep 23, 2024 | Sep 26, 2024 |
| Listing date (Tentative) | Sep 24, 2024 | Sep 27, 2024 |
| Anchor Lockin End date 1 | Oct 20, 2024 | |
| Anchor Lockin End date 2 | Dec 19, 2024 |
Osel Devices IPO P/E ratio is 14.36, as compared to Phoenix Overseas IPO P/E ratio of 17.18.
| Osel Devices IPO | Phoenix Overseas IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | 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.
| Phoenix Overseas Limited Financial Information (Restated Standalone)Phoenix Overseas Limited's revenue increased by 22% and profit after tax (PAT) rose by 46% between the financial year ending with March 31, 2024 and March 31, 2023.
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| Promoter Shareholding (Pre-Issue) | 98.50 | 99.16 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 71.53 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 14.36 | 17.18 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹258.07 Cr. | ₹123.81 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 34.68% | 10.74% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 43.17% | 15.28% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.59 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹11.14 | ₹3.72 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 51.50% | 10.74% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Osel Devices IPO Retail Individual Investors (RII) are offered 14,68,800 shares while in Phoenix Overseas IPO retail investors are offered 14,68,800 shares. Qualified Institutional Buyers (QIB) are offered 8,38,400 shares in Osel Devices IPO and 8,00,000 shares in Phoenix Overseas IPO.
| Osel Devices IPO | Phoenix Overseas IPO | |
|---|---|---|
| Anchor Investor Reserveration | 12,57,600 shares | |
| Market Maker Reserveration | 2,21,600 shares | 2,82,000 shares |
| QIB | 8,38,400 shares | 8,00,000 shares |
| NII | 6,29,600 shares | 23,00,000 shares |
| RII | 14,68,800 shares | 22,48,000 shares |
| Employee | ||
| Others | ||
| Total | 41,94,400 shares | 53,48,000 shares |
Osel Devices IPO subscribed 194.24x in total, whereas Phoenix Overseas IPO subscribed 119.22x.
| Osel Devices IPO | Phoenix Overseas IPO | |
|---|---|---|
| QIB (times) | 78.01x | 65.74x |
| NII (times) | 321.40x | 109.71x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 206.07x | 148.43x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 194.24x | 119.22x |
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