Comparison between Osel Devices IPO and Sodhani Academy of Fintech IPO.
Osel Devices IPO is a SME Fixed Price IPO proposed to list at NSE SME while Sodhani Academy of Fintech IPO is a SME Fixed Price proposed to list at BSE SME.
| Osel Devices IPO | Sodhani Academy of Fintech 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. | Cameo Corporate Services Ltd. |
| Market Maker | Giriraj Stock Broking Pvt.Ltd. | Prabhat Financial Services 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 Sodhani Academy of Fintech IPO is up to ₹5.81 Cr. The final issue price of Osel Devices IPO is ₹160.00 per share and of Sodhani Academy of Fintech IPO is ₹40.00 per share.
| Osel Devices IPO | Sodhani Academy of Fintech 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 | ₹40.00 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 | 8,92,000 shares |
| Fresh Issue Size (Amount) | up to ₹67.11 Cr | up to ₹3.57 Cr |
| OFS Issue Size | 0 shares | 5,60,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹2.24 Cr |
| Issue Size Total | 41,94,400 shares | 14,52,000 shares |
| Issue Size Total (Amount) | up to ₹67.11 Cr | up to ₹5.81 Cr |
Osel Devices IPO opens on Sep 16, 2024, while Sodhani Academy of Fintech IPO opens on Sep 12, 2024. The closing date of Osel Devices IPO and Sodhani Academy of Fintech IPO is Sep 19, 2024, and Sep 17, 2024, respectively.
| Osel Devices IPO | Sodhani Academy of Fintech IPO | |
|---|---|---|
| Anchor Bid Date | Sep 13, 2024 | |
| Issue Open | Sep 16, 2024 | Sep 12, 2024 |
| Issue Close | Sep 19, 2024 | Sep 17, 2024 |
| Basis Of Allotment (Tentative) | Sep 20, 2024 | Sep 18, 2024 |
| Initiation of Refunds (Tentative) | Sep 23, 2024 | Sep 19, 2024 |
| Credit of Share (Tentative) | Sep 23, 2024 | Sep 19, 2024 |
| Listing date (Tentative) | Sep 24, 2024 | Sep 23, 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 Sodhani Academy of Fintech IPO P/E ratio of 10.32.
| Osel Devices IPO | Sodhani Academy of Fintech 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.
| Sodhani Academy of Fintech Enablers Limited Financial Information (Restated)Sodhani Academy of Fintech Enablers Limited's revenue increased by 51% and profit after tax (PAT) rose by 32% between the financial year ending with March 31, 2024 and March 31, 2023.
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| Promoter Shareholding (Pre-Issue) | 98.50 | 99.99 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 71.53 | 73.12 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 14.36 | 10.32 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹258.07 Cr. | ₹22.78 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 34.68% | 27.91% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 43.17% | 36.77% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹11.14 | ₹3.88 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 51.50% | 27.91% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Osel Devices IPO Retail Individual Investors (RII) are offered 14,68,800 shares while in Sodhani Academy of Fintech 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 Sodhani Academy of Fintech IPO.
| Osel Devices IPO | Sodhani Academy of Fintech IPO | |
|---|---|---|
| Anchor Investor Reserveration | 12,57,600 shares | |
| Market Maker Reserveration | 2,21,600 shares | 78,000 shares |
| QIB | 8,38,400 shares | |
| NII | 6,29,600 shares | 7,26,000 shares |
| RII | 14,68,800 shares | 7,26,000 shares |
| Employee | ||
| Others | ||
| Total | 41,94,400 shares | 14,52,000 shares |
Osel Devices IPO subscribed 194.24x in total, whereas Sodhani Academy of Fintech IPO subscribed 438.72x.
| Osel Devices IPO | Sodhani Academy of Fintech IPO | |
|---|---|---|
| QIB (times) | 78.01x | |
| NII (times) | 321.40x | 511.34x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 206.07x | 358.47x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 194.24x | 438.72x |
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