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Osia Hyper Retail IPO is a fixed price issue of ₹39.78 crores. The issue is entirely a fresh issue of 0.16 crore shares of ₹39.78 crore.
Osia Hyper Retail IPO bidding started from Mar 26, 2019 and ended on Mar 28, 2019. The allotment for Osia Hyper Retail IPO was finalized on Apr 2, 2019. The shares got listed on NSE SME on Apr 5, 2019.
Osia Hyper Retail IPO price is ₹252.00 per share . The lot size for an application is 400. The minimum amount of investment required by an individual investor (retail) is ₹1,00,800 (400 shares). The minimum lot size investment for HNI is 2 lots (800 shares), amounting to ₹2,01,600.
Monarch Networth Capital Ltd. is the book running lead manager and Skyline Financial Services Pvt.Ltd. is the registrar of the issue. The market maker of the company is Monarch Networth Capital Ltd..
Refer to Osia Hyper Retail IPO RHP for detailed Information.
| IPO Date | March 26, 2019 to March 28, 2019 |
| Listing Date | April 5, 2019 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹252 per share |
| Lot Size | 400 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 15,78,400 shares (aggregating up to ₹39.78 Cr) |
| Reserved for Market Maker | 79,200 shares Monarch Networth Capital Ltd. (aggregating up to ₹2.00 Cr) |
| Net Offered to Public | 14,99,200 shares (aggregating up to ₹37.78 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 43,75,000 shares |
| Share Holding Post Issue | 59,53,400 shares |
Osia Hyper IPO offers total 15,78,400 shares. Out of which 7,49,600 (47.49%) allocated to NII, 7,49,600 (47.49%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 79,200 (5.02%) |
| NII (HNI) Shares Offered | 7,49,600 (47.49%) |
| Retail Shares Offered | 7,49,600 (47.49%) |
| Total Shares Offered | 15,78,400 (100.00%) |
Osia Hyper Retail IPO opens on March 26, 2019, and closes on March 28, 2019.
| IPO Open Date | Tue, Mar 26, 2019 |
| IPO Close Date | Thu, Mar 28, 2019 |
| Tentative Allotment | Tue, Apr 2, 2019 |
| Initiation of Refunds | Wed, Apr 3, 2019 |
| Credit of Shares to Demat | Thu, Apr 4, 2019 |
| Tentative Listing Date | Fri, Apr 5, 2019 |
| Cut-off time for UPI mandate confirmation | 5 PM on Thu, Mar 28, 2019 |
Investors can bid for a minimum of 400 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 400 | ₹1,00,800 |
| Retail (Max) | 1 | 400 | ₹1,00,800 |
| HNI (Min) | 2 | 800 | ₹2,01,600 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 2013, Ahmedabad-based Osia Hypermart Retail Limited is an emerging retail supermarket chain. It focuses on value retailing by offering products at competitive pricing. Currently, the brand has 11 distribution stores across five cities (Ahmedabad, Vadodara, Dehgam, Gandhinagar and Gandhidham) in Gujarat.
Each Osia shopping store is segregated into different segment such as crockery, Handbags, Women's wear, Cosmetics, Footwear, Menswear, handlooms, etc.
It has more than thousands of products focused on fulfilling every need of a family. The Osia is a distributor which sources the products from Calcutta, Mumbai, Delhi, Surat, Agra, Ahmedabad and Tripura.
The company is planning to expand the business with comparative arrangement stores which can provide products maintaining a balance between cost and quality. The company is also looking forward to trade wholesale which will boost the growth of the company.
The competitive strengths of the company are:
• A range of products
• Good brand reputation in Gujarat
• 11 distribution stores in Gujarat
• Products for lower to upper-class consumers
| Particulars | For the year/period ended (in Rs. Lakhs) | ||||
|---|---|---|---|---|---|
| 30-Nov-18 | 31-Mar-18 | 31-Mar-17 | 31-Mar-16 | ||
| Total Assets | 11,574.52 | 7,814.65 | 4,976.23 | 2,655.62 | |
| Total Revenue | 14,501.36 | 14,223.28 | 9,532.78 | 5,353.74 | |
| Profit After Tax | 474.18 | 535.32 | 88.39 | 35.29 | |
The Company Osia Hyper Retail IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | Purchase of Fit outs for stores | 8.48 |
| 2 | To meet working capital requirement | 28.70 |
| 3 | General Corporate Expenses | 1.60 |
| 4 | Issue Expenses | 1.00 |
[Dilip Davda] <p>On the basis of current financial performance, the issue appears fully priced. Investors may consider an investment for the long term.</p> Read detail review...
| Listing Date | April 5, 2019 |
| BSE Script Code | |
| NSE Symbol | OSIAHYPER |
| ISIN | INE06IR01013 |
| Final Issue Price | ₹252 per share |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹252.00 |
| Open | ₹255.00 |
| Low | ₹255.00 |
| High | ₹267.75 |
| Last Trade | ₹267.60 |
Osia Hyper Retail Ltd.
Basement Store 1, 4d Square, Opp. IIT Eng College
Nr. D-Mart, Visat Gandhinagar Highway
Motera
Ahmedabad, Gujarat, 380005
Phone: +91-8460604015
Email: cs2013.ohrl@gmail.com
Website: http://www.osiahypermart.com/
Skyline Financial Services Pvt.Ltd.
Phone: 02228511022
Email: Mumbai@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
Osia Hyper Retail IPO is a SME IPO of 15,78,400 equity shares of the face value of ₹10 aggregating up to ₹39.78 Crores. The issue is priced at ₹252 per share. The minimum order quantity is 400.
The IPO opens on March 26, 2019, and closes on March 28, 2019.
Skyline Financial Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Osia Hyper Retail IPO using UPI as a payment gateway. Zerodha customers can apply in Osia Hyper Retail IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Osia Hyper Retail IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Osia Hyper Retail IPO opens on March 26, 2019 and closes on March 28, 2019.
Osia Hyper Retail IPO lot size is 400, and the minimum amount required for application is ₹1,00,800.
You can apply in Osia Hyper Retail 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 Osia Hyper Retail IPO will be done on Tuesday, April 2, 2019, and the allotted shares will be credited to your demat account by Thursday, April 4, 2019. Check the Osia Hyper Retail IPO allotment status.
The Osia Hyper Retail IPO listing date is on Friday, April 5, 2019.
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