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Osel Devices IPO vs SD Retail IPO

Comparison between Osel Devices IPO and SD Retail IPO.

IPO Details

Osel Devices IPO is a SME Bookbuilding IPO proposed to list at NSE SME while SD Retail IPO is a SME Bookbuilding proposed to list at NSE SME.

 Osel Devices IPOSD Retail IPO
LogoOsel Devices IPO LogoSD Retail IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtNSE SMENSE SME
Lead ManagersHorizon Management Pvt.Ltd.Beeline Capital Advisors Pvt.Ltd.
RegistrarMAS Services Ltd.Kfin Technologies Ltd.
Market MakerGiriraj Stock Broking Pvt.Ltd.Spread X Securities 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 Osel Devices IPO is up to ₹67.11 Cr whereas the issue size of the SD Retail IPO is up to ₹61.70 Cr. The final issue price of Osel Devices IPO is ₹160.00 per share and of SD Retail IPO is ₹131.00 per share.

 Osel Devices IPOSD Retail IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹155.00 per share₹124.00 per share
Issue Price (Upper)₹160.00 per share₹131.00 per share
Issue Price (Final)₹160.00 per share₹131.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size800 shares1000 shares
Fresh Issue Size41,94,400 shares47,10,000 shares
Fresh Issue Size (Amount)up to ₹67.11 Crup to ₹61.70 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total41,94,400 shares47,10,000 shares
Issue Size Total (Amount)up to ₹67.11 Crup to ₹61.70 Cr

IPO Timetable

Osel Devices IPO opens on Sep 16, 2024, while SD Retail IPO opens on Sep 20, 2024. The closing date of Osel Devices IPO and SD Retail IPO is Sep 19, 2024, and Sep 24, 2024, respectively.

 Osel Devices IPOSD Retail IPO
Anchor Bid DateSep 13, 2024Sep 19, 2024
Issue OpenSep 16, 2024Sep 20, 2024
Issue CloseSep 19, 2024Sep 24, 2024
Basis Of Allotment (Tentative)Sep 20, 2024Sep 25, 2024
Initiation of Refunds (Tentative)Sep 23, 2024Sep 26, 2024
Credit of Share (Tentative)Sep 23, 2024Sep 26, 2024
Listing date (Tentative)Sep 24, 2024Sep 27, 2024
Anchor Lockin End date 1Oct 20, 2024Oct 24, 2024
Anchor Lockin End date 2Dec 19, 2024Dec 23, 2024

Financials & KPIs

Osel Devices IPO P/E ratio is 14.36, as compared to SD Retail IPO P/E ratio of 23.73.

 Osel Devices IPOSD Retail 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.

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

SD Retail Limited Financial Information (Restated)

SD Retail Limited's revenue increased by 20% and profit after tax (PAT) rose by 77% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets12,225.548,835.657,759.56
Total Income16,328.4813,568.8612,873.65
Profit After Tax759.76430.171,011.06
Net Worth4,179.983,420.222,990.04
Reserves and Surplus4,054.873,357.662,927.49
Total Borrowing4,354.722,051.311,844.13
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)98.5088.82
Promoter Shareholding (Post-Issue)71.5365.29
P/E Ratio14.3623.73
Market Cap₹258.07 Cr.₹245.26 Cr.
ROE34.68%6.29%
ROCE43.17%15.61%
Debt/Equity1.04
EPS₹11.14₹5.52
RoNW51.50%18.18%

Shares Offered

In the Osel Devices IPO Retail Individual Investors (RII) are offered 14,68,800 shares while in SD Retail IPO retail investors are offered 14,68,800 shares. Qualified Institutional Buyers (QIB) are offered 8,38,400 shares in Osel Devices IPO and 9,42,000 shares in SD Retail IPO.

 Osel Devices IPOSD Retail IPO
Anchor Investor Reserveration12,57,600 shares14,12,000 shares
Market Maker Reserveration2,21,600 shares2,50,000 shares
QIB8,38,400 shares9,42,000 shares
NII6,29,600 shares7,07,000 shares
RII14,68,800 shares16,49,000 shares
Employee
Others
Total41,94,400 shares47,10,000 shares

Bids Received (Subscription)

Osel Devices IPO subscribed 194.24x in total, whereas SD Retail IPO subscribed 97.08x.

 Osel Devices IPOSD Retail IPO
QIB (times)78.01x69.84x
NII (times)321.40x207.62x
Big NII (times)
Small NII (times)
RII (times)206.07x65.25x
Employee (times)
Other (times)
Total (times)194.24x97.08x