Comparison between Osel Devices IPO and Popular Foundations IPO.
Osel Devices IPO is a SME Fixed Price IPO proposed to list at NSE SME while Popular Foundations IPO is a SME Fixed Price proposed to list at BSE SME.
| Osel Devices IPO | Popular Foundations IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Horizon Management Pvt.Ltd. | Srujan Alpha Capital Advisors LLP |
| Registrar | MAS Services Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Giriraj Stock Broking Pvt.Ltd. | Spread X Securities Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| 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 Popular Foundations IPO is up to ₹18.87 Cr. The final issue price of Osel Devices IPO is ₹160.00 per share and of Popular Foundations IPO is ₹37.00 per share.
| Osel Devices IPO | Popular Foundations IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹155.00 per share | |
| Issue Price (Upper) | ₹160.00 per share | |
| Issue Price (Final) | ₹160.00 per share | ₹37.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 800 shares | 3000 shares |
| Fresh Issue Size | 41,94,400 shares | 51,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹67.11 Cr | up to ₹18.87 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 41,94,400 shares | 51,00,000 shares |
| Issue Size Total (Amount) | up to ₹67.11 Cr | up to ₹18.87 Cr |
Osel Devices IPO opens on Sep 16, 2024, while Popular Foundations IPO opens on Sep 13, 2024. The closing date of Osel Devices IPO and Popular Foundations IPO is Sep 19, 2024, and Sep 19, 2024, respectively.
| Osel Devices IPO | Popular Foundations IPO | |
|---|---|---|
| Anchor Bid Date | Sep 13, 2024 | |
| Issue Open | Sep 16, 2024 | Sep 13, 2024 |
| Issue Close | Sep 19, 2024 | Sep 19, 2024 |
| Basis Of Allotment (Tentative) | Sep 20, 2024 | Sep 20, 2024 |
| Initiation of Refunds (Tentative) | Sep 23, 2024 | Sep 23, 2024 |
| Credit of Share (Tentative) | Sep 23, 2024 | Sep 23, 2024 |
| Listing date (Tentative) | Sep 24, 2024 | Sep 24, 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 Popular Foundations IPO P/E ratio of 15.97.
| Osel Devices IPO | Popular Foundations IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 98.5 | 83.36 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 71.53 | 61.39 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 14.36 | 15.97 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹258.07 Cr. | ₹75.40 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 34.68 | 23.17 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 43.17 | 22.77 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹11.14 | ₹2.32 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 51.50 | 15.03 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Osel Devices IPO Retail Individual Investors (RII) are offered 14,68,800 shares while in Popular Foundations IPO retail investors are offered 14,68,800 shares. Qualified Institutional Buyers (QIB) are offered 8,38,400 shares in Osel Devices IPO and in Popular Foundations IPO.
| Osel Devices IPO | Popular Foundations IPO | |
|---|---|---|
| Anchor Investor Reservation | 12,57,600 shares | |
| Market Maker Reservation | 2,21,600 shares | 2,70,000 shares |
| QIB | 8,38,400 shares | |
| NII | 6,29,600 shares | 25,50,000 shares |
| RII | 14,68,800 shares | 25,50,000 shares |
| Employee | ||
| Others | ||
| Total | 41,94,400 shares | 51,00,000 shares |
Osel Devices IPO subscribed 136.00x in total, whereas Popular Foundations IPO subscribed 9.21x.
| Osel Devices IPO | Popular Foundations IPO | |
|---|---|---|
| QIB (times) | 78.01x | |
| NII (times) | 321.40x | 3.54x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 206.07x | 14.89x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 136.00x | 9.21x |
