Osel Devices IPO vs SD Retail IPO

Comparision between Osel Devices IPO and SD Retail IPO.

IPO Details

Osel Devices IPO is a SME Book Built Issue IPO proposed to list at NSE SME while SD Retail IPO is a SME Book Built Issue proposed to list at NSE SME.

	Osel Devices IPO	SD Retail IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	Horizon Management Private Limited	Beeline Capital Advisors Pvt Ltd
Registrar	Mas Services Limited	Kfin Technologies Limited
Market Maker	Giriraj Stock Broking Private Limited	Spread X Securities Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Osel Devices IPO is up to ₹70.66 Cr whereas the issue size of the SD Retail IPO is up to ₹64.98 Cr. The final issue price of Osel Devices IPO is ₹160.00 per share and of SD Retail IPO is ₹131.00 per share.

	Osel Devices IPO	SD Retail IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹155.00 per share	₹124.00 per share
Issue Price (Upper)	₹160.00 per share	₹131.00 per share
Issue Price (Final)	₹160.00 per share	₹131.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	800 shares	1000 shares
Fresh Issue Size	44,16,000 shares	49,60,000 shares
Fresh Issue Size (Amount)	up to ₹70.66 Cr	up to ₹64.98 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	44,16,000 shares	49,60,000 shares
Issue Size Total (Amount)	up to ₹70.66 Cr	up to ₹64.98 Cr

IPO Timetable

Osel Devices IPO opens on Sep 16, 2024, while SD Retail IPO opens on Sep 20, 2024. The closing date of Osel Devices IPO and SD Retail IPO is Sep 19, 2024, and Sep 24, 2024, respectively.

	Osel Devices IPO	SD Retail IPO
Anchor Bid Date	Sep 13, 2024	Sep 19, 2024
Issue Open	Sep 16, 2024	Sep 20, 2024
Issue Close	Sep 19, 2024	Sep 24, 2024
Basis Of Allotment (Tentative)	Sep 20, 2024	Sep 25, 2024
Initiation of Refunds (Tentative)	Sep 23, 2024	Sep 26, 2024
Credit of Share (Tentative)	Sep 23, 2024	Sep 26, 2024
Listing date (Tentative)	Sep 24, 2024	Sep 27, 2024
Anchor Lockin End date 1	Oct 20, 2024	Oct 24, 2024
Anchor Lockin End date 2	Dec 19, 2024	Dec 23, 2024

Financials

Osel Devices IPO P/E ratio is 14.36, as compared to SD Retail IPO P/E ratio of 23.73.

Osel Devices IPO

SD Retail IPO

Financial

Osel Devices Limited Financial Information (Restated)

Osel Devices Limited's revenue increased by 62% and profit after tax (PAT) rose by 180% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	9,864.2	4,902.09	3,312.17
Revenue	13,268.52	8,195.58	6,555.49
Profit After Tax	1,305.21	466	212.31
Net Worth	2,534.21	1,229	763
Reserves and Surplus	1,380.39	1,042.9	576.9
Total Borrowing	2,545.23	1,782.29	862.87
Amount in ₹ Lakhs

SD Retail Limited Financial Information (Restated)

SD Retail Limited's revenue increased by 20% and profit after tax (PAT) rose by 77% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	12,225.54	8,835.65	7,759.56
Revenue	16,328.48	13,568.86	12,873.65
Profit After Tax	759.76	430.17	1,011.06
Net Worth	4,179.98	3,420.22	2,990.04
Reserves and Surplus	4,054.87	3,357.66	2,927.49
Total Borrowing	4,354.72	2,051.31	1,844.13
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

98.50%

88.82%

Promoter Shareholding (Post-Issue)

71.53%

65.29%

P/E Ratio

14.36

23.73

Market Cap

₹258.07 Cr.

₹245.26 Cr.

ROE

34.68%%

6.29%%

ROCE

43.17%%

15.61%%

Debt/Equity

1.04

EPS

₹11.14

₹5.52

RoNW

51.50%%

18.18%%

Shares Offered

In the Osel Devices IPO retail investors (RII) are offered 14,68,800 shares while in SD Retail IPO retail investors are offered 14,68,800 shares. Qualified institutional buyers (QIB) are offered 8,38,400 shares in Osel Devices IPO and 9,42,000 shares in SD Retail IPO.

	Osel Devices IPO	SD Retail IPO
Anchor Investor Reserveration	12,57,600 shares	14,12,000 shares
Market Maker Reserveration	2,21,600 shares	2,50,000 shares
QIB	8,38,400 shares	9,42,000 shares
NII	6,29,600 shares	7,07,000 shares
RII	14,68,800 shares	16,49,000 shares
Employee	0 shares	0 shares
Others
Total	29,36,800 shares	32,98,000 shares

Bids Received (Subscription)

Osel Devices IPO subscribed 194.24x in total, whereas SD Retail IPO subscribed 97.08x.

	Osel Devices IPO	SD Retail IPO
QIB (times)	78.01x	69.84x
NII (times)	321.40x	207.62x
Big NII (times)
Small NII (times)
RII (times)	206.07x	65.25x
Employee (times)
Other (times)
Total (times)	194.24x	97.08x

Compare with others

Osel Devices IPO	SD Retail IPO
Phoenix Overseas IPO	Kalana Ispat IPO
WOL 3D IPO	Avi Ansh Textile IPO
SD Retail IPO	Rappid Valves (India) IPO
BikeWo GreenTech IPO	Phoenix Overseas IPO
Pelatro IPO	WOL 3D IPO
Paramount Speciality Forgings IPO	BikeWo GreenTech IPO
Popular Foundations IPO	Pelatro IPO
Sodhani Academy of Fintech Enablers IPO	Osel Devices IPO
Deccan Transcon Leasing IPO	Paramount Speciality Forgings IPO
Envirotech Systems IPO	Popular Foundations IPO

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