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Osel Devices Limited IPO

Osel Devices Limited was a SME IPO in the Medical Equipment & Supplies sector, offered at ₹155–₹160 per share to raise ₹71 crore. It listed on 24 Sep 2024 at ₹198 and closed its first day at ₹208, a listing gain of +30.0% versus the ₹160 issue price. It now trades around ₹336 (+109.7% versus the issue price).

Frequently asked questions

What were the Osel Devices Limited IPO listing gains?
Osel Devices Limited listed on 24 Sep 2024 at ₹198, closing its first day at ₹208 — a listing gain of +30.0% versus the ₹160 issue price.
What was the price band and lot size of the Osel Devices Limited IPO?
The price band was ₹155–₹160 per share, with a minimum lot of 800 shares (₹1,28,000 at the upper band).
Who were the registrar and lead manager for the Osel Devices Limited IPO?
MAS Services Limited was the registrar, and Horizon Management was the book-running lead manager.