Comparison between Osel Devices IPO and Paramount Speciality Forgings IPO.
Osel Devices IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Paramount Speciality Forgings IPO is a SME Bookbuilding proposed to list at NSE SME.
| Osel Devices IPO | Paramount Speciality Forgings 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. | Swaraj shares & securities Pvt.Ltd. |
| Registrar | MAS Services Ltd. | Purva Sharegistry (India) Pvt.Ltd. |
| Market Maker | Giriraj Stock Broking Pvt.Ltd. | Shreni Shares Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | 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 Paramount Speciality Forgings IPO is up to ₹30.72 Cr. The final issue price of Osel Devices IPO is ₹160.00 per share and of Paramount Speciality Forgings IPO is ₹59.00 per share.
| Osel Devices IPO | Paramount Speciality Forgings IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹155.00 per share | ₹57.00 per share |
| Issue Price (Upper) | ₹160.00 per share | ₹59.00 per share |
| Issue Price (Final) | ₹160.00 per share | ₹59.00 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 | 45,26,000 shares |
| Fresh Issue Size (Amount) | up to ₹67.11 Cr | up to ₹26.70 Cr |
| OFS Issue Size | 0 shares | 6,80,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹4.01 Cr |
| Issue Size Total | 41,94,400 shares | 52,06,000 shares |
| Issue Size Total (Amount) | up to ₹67.11 Cr | up to ₹30.72 Cr |
Osel Devices IPO opens on Sep 16, 2024, while Paramount Speciality Forgings IPO opens on Sep 17, 2024. The closing date of Osel Devices IPO and Paramount Speciality Forgings IPO is Sep 19, 2024, and Sep 20, 2024, respectively.
| Osel Devices IPO | Paramount Speciality Forgings IPO | |
|---|---|---|
| Anchor Bid Date | Sep 13, 2024 | Sep 16, 2024 |
| Issue Open | Sep 16, 2024 | Sep 17, 2024 |
| Issue Close | Sep 19, 2024 | Sep 20, 2024 |
| Basis Of Allotment (Tentative) | Sep 20, 2024 | Sep 23, 2024 |
| Initiation of Refunds (Tentative) | Sep 23, 2024 | Sep 24, 2024 |
| Credit of Share (Tentative) | Sep 23, 2024 | Sep 24, 2024 |
| Listing date (Tentative) | Sep 24, 2024 | Sep 25, 2024 |
| Anchor Lockin End date 1 | Oct 20, 2024 | Oct 22, 2024 |
| Anchor Lockin End date 2 | Dec 19, 2024 | Dec 21, 2024 |
Osel Devices IPO P/E ratio is 14.36, as compared to Paramount Speciality Forgings IPO P/E ratio of 12.1.
| Osel Devices IPO | Paramount Speciality Forgings 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.
| Paramount Speciality Forgings Limited Financial Information (Restated)Paramount Speciality Forgings Limited's revenue increased by 1% and profit after tax (PAT) rose by 163% between the financial year ending with March 31, 2024 and March 31, 2023.
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| Promoter Shareholding (Pre-Issue) | 98.50 | 100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 71.53 | 72.15 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 14.36 | 12.1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹258.07 Cr. | ₹116.12 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 34.68% | 32% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 43.17% | 40% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.09 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹11.14 | ₹4.87 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 51.50% | 31.65% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Osel Devices IPO Retail Individual Investors (RII) are offered 14,68,800 shares while in Paramount Speciality Forgings IPO retail investors are offered 14,68,800 shares. Qualified Institutional Buyers (QIB) are offered 8,38,400 shares in Osel Devices IPO and 10,40,000 shares in Paramount Speciality Forgings IPO.
| Osel Devices IPO | Paramount Speciality Forgings IPO | |
|---|---|---|
| Anchor Investor Reserveration | 12,57,600 shares | 15,60,000 shares |
| Market Maker Reserveration | 2,21,600 shares | 2,76,000 shares |
| QIB | 8,38,400 shares | 10,40,000 shares |
| NII | 6,29,600 shares | 7,82,000 shares |
| RII | 14,68,800 shares | 18,24,000 shares |
| Employee | ||
| Others | ||
| Total | 41,94,400 shares | 52,06,000 shares |
Osel Devices IPO subscribed 194.24x in total, whereas Paramount Speciality Forgings IPO subscribed 73.88x.
| Osel Devices IPO | Paramount Speciality Forgings IPO | |
|---|---|---|
| QIB (times) | 78.01x | 20.88x |
| NII (times) | 321.40x | 220.24x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 206.07x | 41.35x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 194.24x | 73.88x |
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