OSEL Devices Ltd IPO |
Registered Office:
No.712 Naurang House K G Marg,Connaught Place Central Delhi
,
New Delhi
-
110001
,
Delhi
, India.
Phone :
+91 116 666 7621 Fax:
Email : info@oseldevices.com
Website : www.oseldevices.com
|
| Initial public offer of upto 44,16,000 equity shares of face value of
(Rs)10/- each ("Equity Shares") of the company at an issue price of
(Rs)160 per equity share (including a share premium of (Rs)150 per equity share) for cash, aggregating up to (Rs)70.66 crores ("Public Issue") out of which 2,21,600 equity shares of face value of (Rs)10/- each, at an issue price of (Rs)160 per equity share for cash, aggregating (Rs)3.55 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 41,94,400 equity shares of face value of (Rs)10/- each, at an issue price of (Rs)160 per equity share for cash, aggregating up to (Rs)67.11 crores is hereinafter referred to as the "Net Issue". The public issue and net issue will constitute 27.38% and 26.01% respectively of the post-issue paid-up equity share capital of the company.
The Offer Price is (Rs)160 per equity share of face value of (Rs)10 each.
The Offer Price is 16 times of the face value of the equity shares.
Bid cane be made for a minimum of 800 equity shares and in multiples of 800 equity shares thereafter. |
| Issue |
Money Payable On |
| Opens On |
Closes On |
Application |
Allotment |
| 16-Sep-24 |
19-Sep-24 |
(Rs)160.00-0.00 |
(Rs)0.00-0.00 |
| Minimum Application for shares in Nos :800 Further Multiples of :800 |
| |
(Rs Cr) |
Lead Managers to the Issue |
| Project Cost |
0.00 |
| Horizon Management Pvt Ltd |
|
| Project Financed through Current Offer |
70.66 |
|
| Post Issue Equity Share Capital |
16.13 |
|
| Issue Price |
(Rs)160.00 |
|
|