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.

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

Company Financials (Restated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets98.6449.0233.12
Total Income132.6981.9665.55
Profit After Tax13.054.662.12
NET Worth25.3412.297.63
Reserves and Surplus13.8010.435.77
Total Borrowing25.4517.828.63
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets122.2688.3677.60
Total Income163.28135.69128.74
Profit After Tax7.604.3010.11
NET Worth41.8034.2029.90
Reserves and Surplus40.5533.5829.27
Total Borrowing43.5520.5118.44
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)98.588.82
Promoter Shareholding (Post-Issue)71.5365.29
P/E Ratio14.3623.73
Market Cap₹258.07 Cr.₹245.26 Cr.
ROE34.686.29
ROCE43.1715.61
Debt/Equity1.04
EPS₹11.14₹5.52
RoNW51.5018.18

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 Reservation12,57,600 shares14,12,000 shares
Market Maker Reservation2,21,600 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

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