What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of Osel Devices Limited IPO?

Osel Devices Limited IPO has received a total subscription of 194.31 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Osel Devices Limited

ListedSME

Healthcare · NSE

Osel Devices Limited, founded in 2006, specializes in manufacturing LED display systems and hearing aids. Its LED displays are used for advertising, presentations, and command centers, while its hearing aids support individuals with hearing difficulties. Operating from a modern facility in Greater Noida, Osel ensures high production capacity and cost-efficient manufacturing. With a strong management team and a workforce of 68 employees as of March 31, 2024, the company is recognized for its quality products and strong customer relationships.

Price Band

₹155 – ₹160

Issue Size

₹70.66 Cr

Lot Size

800 shares

GMP

₹100

+62.5%

Est. Listing

₹260

at current GMP

Subscribed

194.31x

overall

Open

16 Sep 2024

19 Sep 2024

Allotment

20 Sep 2024

Refund

21 Sep 2024

Demat Credit

22 Sep 2024

Listing

24 Sep 2024

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

194.31x

Total Demand

QIB Multiplier

78.01x

Institutions & Funds

NII / HNI

321.75x

High Net-Worth

Retail (RII)

206.07x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 194.31x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	838,400	65,407,200	78.01x
NIB	629,600	202,576,800	321.75x
RETAIL	1,468,800	302,676,000	206.07x
Total	2,936,800	570,660,000	194.31x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 210.17x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	1,932	398,127	206.07x
HNIs (10L +)	12	3,861	321.75x
HNIs (2-10L)	59	18,983	321.75x
Total Applications	2,003	420,971	210.17x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About Osel Devices Limited Public Issue & Market Profile

Osel Devices Limited is bringing an initial public offering (IPO) in the Healthcare sector with an aggregate issue size of ₹70.66 Crores. The shares are offered at a price band of ₹155 to ₹160 per equity share on NSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.

Bidding & Quota Instructions:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Allotment Reconciliation Schedule:

Following the close of bidding on 2024-09-19, the basis of allotment is scheduled to be finalized on 2024-09-20. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Mas Services Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is Osel Devices Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Osel Devices Limited IPO is ₹100 per equity share. Based on the upper price band of ₹155 to ₹160 per equity share, the estimated listing price is ₹260 (+62.5% expected listing gain).

What is the expected profit per lot for Osel Devices Limited IPO?

With a lot size of 800 shares and current GMP of ₹100, the expected profit per application lot is approx ₹80,000 (+62.5% gain). Minimum application cost is approx ₹1,28,000.

What is the issue size and price band for Osel Devices Limited IPO?

The Osel Devices Limited IPO aggregate issue size is ₹70.66 Crores with an equity price band set at ₹155 to ₹160 per equity share. The retail lot size is 800 shares requiring a minimum capital outlay of approx. ₹1,28,000.

How can I check Osel Devices Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 194.31x (Retail: 206.07x, QIB: 78.01x, NII: 321.75x). You can track live multiples directly on our dedicated subscription page.

Where and when will Osel Devices Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Mas Services Limited) and the BSE status verification website on or around 2024-09-20. Investors can verify status using PAN card or application number.

When is the listing date for Osel Devices Limited IPO?

Osel Devices Limited shares are scheduled to list on NSE on 2024-09-24.