Osel Devices IPO Subscription Details

Bookbuilding IPO | ₹71 Cr | Listed at NSE SME | Mon, Sep 16, 2024 - Thu, Sep 19, 2024

Basis of Allotment - Osel Devices IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)8,38,40012,57,60020,96,0006,29,60014,68,80041,94,400
Allotment price (Rs.)160160160160160160
No.of applications5556021,6613,75,4153,97,136
No.of shares applied6,40,16,80012,57,6006,52,74,40020,39,84,80030,03,47,20056,96,06,400
Amount collected (Rs.cr.)1,024.27 20.12 1,044.39 3,263.76 4,805.56 9,113.70
No.of times subscribed76.361.0031.14323.99204.48135.80
No.of shares allotted8,38,40012,57,60020,96,0006,29,60014,68,80041,94,400
Amount (Rs.cr.)13.41 20.12 33.54 10.07 23.50 67.11
No.of allottees05501,8361,841

IPO Shares Offered

Osel Devices IPO is a public issue of 0.42 Cr equity shares. The issue offers 0.15 Cr shares to retail investors, 0.21 Cr shares to qualified institutional buyers, and 0.06 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker2,21,6003.55 5.02%
QIB 20,96,00033.54 47.46%
    Anchor 12,57,600 20.12 28.48%
    QIB (Ex Anchor) 8,38,400 13.41 18.99%
NII* 6,29,60010.07 14.26%
Retail14,68,80023.50 33.26%
Total44,16,00070.66 100%

Osel Devices IPO Anchor Investor Allocation

A total of 12,57,600 shares at a price of Rs 160 per share will be allotted to the anchor investors.

Anchor investors bid opening dateSep 13, 2024
Anchor investor price₹160.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days6,28,800
No. of shares locked-in for 90 days6,28,800
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 NEXT ORBIT GROWTH FUND III NEXT ORBIT 2,40,000 3.84 19.08 5.43
2 NOVA GLOBAL OPPORTUNITIES FUND PCC-TOUCHSTONE NOVA 88,800 1.42 7.06 2.01
3 SB OPPORTUNITIES FUND SB OPPORTUNITIES FUND 1,19,200 1.91 9.48 2.70
4 ACINTYO INVESTMENT FUND PCC-CELL 1 ACINTYO 3,40,800 5.45 27.10 7.72
5 INVICTA CONTINUUM TRUST INVICTA 4,68,800 7.50 37.28 10.62
12,57,60020.1210028.48

IPO Subscription FAQs

The Osel Devices IPO is subscribed 136 times by Sep 19, 2024 18:16.

Osel Devices IPO Subscription

Investor Category Subscription (times)
Qualified Institutional78.0143
Non Institutional321.4028
Retail Individual206.0703
Total Subscription136

Retail category of Osel Devices IPO subscribed 206.0703 times as of date Sep 19, 2024 18:16. The public issue closes on Thu, Sep 19, 2024 for bidding.

An investor can apply in Osel Devices IPO online via bank (using ASBA) or the broker (using UPI). The Osel Devices IPO shares are offered online only.

The Osel Devices IPO is subscribed 136 times by Sep 19, 2024 18:16.

The Osel Devices IPO allotment status is expected on or around Friday, September 20, 2024. Visit Osel Devices IPO allotment status to check.

The Osel Devices IPO listing date is September 24, 2024. The equity share of Osel Devices IPO will list on NSE SME.

Visit Osel Devices IPO subscription status page for real-time bidding information about Osel Devices IPO.

Osel Devices IPO Timetable

IPO opens OnMonday, September 16, 2024
IPO Closes OnThursday, September 19, 2024
Finalisation of Basis of AllotmentFriday, September 20, 2024
Initiation of RefundsMonday, September 23, 2024
Credit of Shares to Demat AccountMonday, September 23, 2024
IPO Listing DateTuesday, September 24, 2024
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