Bookbuilding IPO | ₹[.] Cr | Listing at BSE, NSE |
Online Instruments (India) Ltd. has filed a Draft Red Herring Prospectus (DRHP) with SEBI on May 8, 2026 to raise funds through Initial Public Offer (IPO).
Online Instruments (India) Ltd. IPO is a Book Build Issue consisting of fresh issue of ₹750.00 crores and an offer for sale (OFS) of upto 0.57 crore equity shares.
The equity shares are proposed to be listed on NSE and BSE. Equirus Capital Pvt.Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Online Instruments (India) IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹2 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Fresh Issue | [.] shares (agg. up to ₹750 Cr) |
| Offer for Sale | 57,10,000 shares of ₹2 (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 7,42,50,000 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Fri, May 8, 2026 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue. |
| NII Shares Offered | Not less than 15% of the Net Issue |
Incorporated in 1987, Online Instruments Limited is engaged in audiovisual systems integration and electronics manufacturing business. The company provides AVSI solutions, IFPDs, LED display products, audiovisual accessories, EMS services, and commercial lighting products under the brands “Online Instruments”, “LOGIC”, “Level 3 Audiovisual”, and “Orange Plus”.
Its business includes:
The company has operations across India, the U.S., Singapore, Malaysia, Taiwan, the Philippines, and the UAE.
It operates three manufacturing facilities in Bengaluru, including India’s first CKD facility for IFPDs.
As of February 2026, the company had 702 employees and 237 contract workers.
| Period Ended | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 646.84 | 382.66 | 229.40 | 182.27 |
| Total Income | 468.75 | 550.04 | 380.30 | 337.97 |
| Profit After Tax | 14.58 | 35.33 | 23.06 | 15.52 |
| EBITDA | 33.39 | 55.32 | 33.42 | 22.60 |
| NET Worth | 159.24 | 144.60 | 109.47 | 86.51 |
| Reserves and Surplus | 144.39 | 139.65 | 104.52 | 81.56 |
| Total Borrowing | 209.56 | 41.22 | 35.34 | 14.87 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment or prepayment, in full or in part, of certain outstanding borrowings availed by the Company | 160.00 |
| 2 | Funding working capital requirements of the Company | 330.00 |
| 3 | Funding inorganic growth through unidentified acquisitions and general corporate purposes | |
| Total | 490.00 |
| KPI | Dec 31, 2025 | Mar 31, 2025 |
|---|---|---|
| ROE | 9.15% | 24.43% |
| ROCE | 6.92% | 27.54% |
| Debt/Equity | 1.18 | 0.25 |
| RoNW | 9.15% | 24.43% |
| PAT Margin | 3.11% | 6.42% |
| EBITDA Margin | 7.16% | 10.10% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 4.76 | |
| Promoter Holding | 100% |
Lead Manager Reports
Online Instruments (India) IPO is a main-board IPO of 0 equity shares of the face value of ₹2 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Online Instruments (India) IPO open and close dates are not available as of now.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Online Instruments (India) IPO using UPI as a payment gateway. Zerodha customers can apply in Online Instruments (India) IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Online Instruments (India) IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Online Instruments (India) IPO dates are not announced. Please check back again after some time.
Online Instruments (India) IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Online Instruments (India) IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Online Instruments (India) IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Online Instruments (India) IPO allotment status.
The Online Instruments (India) IPO listing date is not yet announced. The tentative date of listing is .
