Osel Devices IPO Allotment Status
Osel Devices IPO: Following the successful completion of Osel Devices’ initial public offering (IPO), investors who applied for shares are now awaiting the allotment, which is anticipated to be finalized on Friday, September 20.
Investors who placed bids on the ₹70.66 crore SME IPO can verify their subscription status online on the registrar’s website, Mas Services Limited.
The book-built SME IPO featured a fresh issue of 44.16 lakh shares, opening for subscription on Monday, September 16, and closing on Thursday, September 19. The issue was subscribed 194.24 times in total, with the retail portion seeing a subscription rate of 206.07 times and non-institutional buyers subscribing 321.40 times.
The finalization of the share allotment is anticipated for today, with the company’s shares potentially being credited to the demat accounts of successful bidders by Monday, September 23. Subscribers to the IPO who did not receive an allotment may see refunds processed on the same day, Monday, September 23. The stock is projected to make its debut on NSE SME on Tuesday, September 24.
Osel Devices IPO GMP today
Stock market analysts report that Osel Devices shares are trading at a ₹110 premium in the grey market today. Factoring in the grey market premium (GMP) of ₹110 and the issue price of ₹160, the anticipated listing price of Osel Devices stock is ₹270, reflecting a 68.75 per cent premium.
How to check Osel Devices IPO allotment status?
If you applied for Osel Devices IPO, you can verify the share allotment status online by visiting the registrar’s website.
Step 1: Head to the official page of Mas Services Limited by clicking this link: https://www.masserv.com/index.asp
Step 2: Locate and click on the “IPO Allotment Status” link at the left-hand bottom of the website.
Step 3: View the share allotment status of Osel Devices IPO. Note that the share allotment status will be available only after the allotment process is completed.