September 16, 2024 - September 19, 2024

Osel Devices IPO Subscription Details

Osel Devices IPO Subscription Status Live

Osel Devices IPO subscribed 194.24 times. The public issue subscribed 206.07 times in the retail category, 78.01 times in QIB, and 321.40 times in the NII category by September 19, 2024 (Day 4).

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	78.01	838,400	6,54,07,200	1,046.52
Non-Institutional Buyers*	321.40	629,600	20,23,55,200	3,237.68
Retail Investors	206.07	1,468,800	30,26,76,000	4,842.82
Employees	[.]	0	0	0
Others	[.]	0	0	0
Total *	194.24	2,936,800	57,04,38,400	9,127.01

Total Application : 378,345 (206.07 times)

Disclaimer: *The total amount is calculated based on the final issue price or the price in the upper price range.

* Market Maker portion of 221,600 equity shares not included.

Osel Devices IPO (Day-wise) Subscription Details (times)

Date	QIB	NII*	Retail	Total
Day 1 September 16, 2024	0.00	1.67	6.12	3.42
Day 2 September 17, 2024	0.00	17.70	40.69	24.15
Day 3 September 18, 2024	0.00	32.62	73.92	43.96
Day 4 September 19, 2024	78.01	321.40	206.07	194.24

Osel Devices IPO Shares Offered

Osel Devices IPO is a public issue of 4,416,000 equity shares. The issue offers 1,468,800 shares to retail investors, 838,400 shares to qualified institutional buyers, and 629,600 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
Anchor Investor	1,257,600	20.12	28.48%
Market Maker	221,600	3.55	5.02%
QIB	838,400	13.41	18.99%
NII*	629,600	10.07	14.26%
Retail	1,468,800	23.50	33.26%
Total	4,416,000	70.66	100%

Osel Devices IPO Anchor Investor Allocation

A total of 12,57,600 shares at a price of Rs 0 per share will be allotted to the anchor investors.

S.No.	Name of Anchor Investor	No. of Shares Allocated	Bid Price Per Share (Rs.)	Anchor Investor Portion (%)	Total Amount Allocated (Rs.)
1	Next Orbit Growth Fund	2,40,000	160	19.08	3,84,00,000
2	Nova Global Opportunities Fund PCC	88,800	160	7.06	1,42,08,000
3	SB Opportunities Fund	1,19,200	160	9.48	1,90,72,000
4	Acintyo Investment Fund PCC	3,40,800	160	27.1	5,45,28,000
5	lnvicta Continuum Fund	4,68,800	160	37.28	7,50,08,000
		12,57,600		100	20,12,16,000

IPO Investor Categories

Qualified Institutional Buyers (QIB)
Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.
Non-Institutional Investors(NII)
Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc who bid for shares worth more than Rs 2 lakhs are known as Non-institutional bidders (NII). Unlike QIB bidders, they do not need SEBI registration.
NII category has two subcategories:
1. sNII (bids below Rs 10L)
  The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category. This subcategory is also known as Small HNI (sHNI).
2. bNII (bids above Rs 10L)
  The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory. This subcategory is also known as Big HNI (bHNI).
Retail Individual Investors(RII)
The retail individual investor or NRIs who apply up to Rs 2 lakhs in an IPO are considered as RII reserved category.
Employee (EMP)
A category of eligible employees who have a reserved quota in the IPO.
Others
A category of eligible shareholders or other investors who have a reserved quota in the IPO.

What is the difference between RII, NII, QIB and Anchor Investor?

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Osel Devices IPO Subscription FAQs

The Osel Devices IPO is subscribed 194.24 by September 19, 2024.