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Incorporated in 2013, Ahmedabad-based Osia Hypermart Retail Limited is an emerging retail supermarket chain. It focuses on value retailing by offering products at competitive pricing. Currently, the brand has 11 distribution stores across five cities (Ahmedabad, Vadodara, Dehgam, Gandhinagar and Gandhidham) in Gujarat.
Each Osia shopping store is segregated into different segment such as crockery, Handbags, Women's wear, Cosmetics, Footwear, Menswear, handlooms, etc.
It has more than thousands of products focused on fulfilling every need of a family. The Osia is a distributor which sources the products from Calcutta, Mumbai, Delhi, Surat, Agra, Ahmedabad and Tripura.
The company is planning to expand the business with comparative arrangement stores which can provide products maintaining a balance between cost and quality. The company is also looking forward to trade wholesale which will boost the growth of the company.
The competitive strengths of the company are:
• A range of products
• Good brand reputation in Gujarat
• 11 distribution stores in Gujarat
• Products for lower to upper-class consumers
| Particulars | For the year/period ended (in Rs. Lakhs) | ||||
|---|---|---|---|---|---|
| 30-Nov-18 | 31-Mar-18 | 31-Mar-17 | 31-Mar-16 | ||
| Total Assets | 11,574.52 | 7,814.65 | 4,976.23 | 2,655.62 | |
| Total Revenue | 14,501.36 | 14,223.28 | 9,532.78 | 5,353.74 | |
| Profit After Tax | 474.18 | 535.32 | 88.39 | 35.29 | |
The net proceeds from the issue are proposed to be utilized by the company for the following objects:
1. Purchase of Fit outs for stores
2. To meet Working Capital Requirements
3. General Corporate Purpose
4. Issue Expenses
| IPO Date | Mar 26, 2019 to Mar 28, 2019 |
| Listing Date | Friday, April 5, 2019 |
| Face Value | ₹10 per share |
| Price | ₹252 per share |
| Lot Size | 400 Shares |
| Issue Size | 1,578,400 shares of ₹10 (aggregating up to ₹39.78 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Company Promoters | Promoter of the Company are: |
Osia Hyper IPO opens on Mar 26, 2019, and closes on Mar 28, 2019. The Osia Hyper IPO bid date is from Mar 26, 2019 10.00 A.M. to Mar 28, 2019 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.
| Event | Tentative Date |
|---|---|
| Opening Date | Mar 26, 2019 |
| Closing Date | Mar 28, 2019 |
| Basis of Allotment | Apr 2, 2019 |
| Initiation of Refunds | Apr 3, 2019 |
| Credit of Shares to Demat | Apr 4, 2019 |
| Listing Date | Apr 5, 2019 |
The Osia Hyper IPO lot size is 400 shares. A retail-individual investor can apply for up to 1 lots (400 shares or ₹100,800).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 400 | ₹100,800 |
| Retail (Max) | 1 | 400 | ₹100,800 |
| Pre Issue Share Holding | 100% |
| Post Issue Share Holding | 73.48% |
On the basis of current financial performance, the issue appears fully priced. Investors may consider an investment for the long term.
Read detail review...The Osia Hyper IPO is subscribed 1.12 times on Mar 28, 2019 6:00:01 PM. The public issue subscribed 0.57 times in the retail category, times in the QIB category, and 1.66 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| NII | 1.66 |
| Retail | 0.57 |
| Total | 1.12 |
| Listing Date | Friday, April 5, 2019 |
| BSE Script Code | |
| NSE Symbol | OSIAHYPER |
| Listing In | |
| ISIN | INE06IR01013 |
| IPO Price | ₹252 per share |
| Face Value | ₹10 per share |
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Osia Hyper Retail Limited
Basement Store 1, 4d Square, Opp. IIT Eng College,
Nr. D-Mart, Visat Gandhinagar Highway,
Motera, Ahmedabad- 380005
Phone: +91-8460604015
Email: cs2013.ohrl@gmail.com
Website: http://www.osiahypermart.com/
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: Mumbai@skylinerta.com
Website: https://www.skylinerta.com/
Are you an SME company looking for an IPO to raise funds and get listed in the stock market? We can help. Contact us today... SME IPO Enquiry Form
Osia Hyper IPO is a SME IPO of 1,578,400 equity shares of the face value of ₹10 aggregating up to ₹39.78 Crores. The issue is priced at ₹252 per share. The minimum order quantity is 400 Shares.
The IPO opens on Mar 26, 2019, and closes on Mar 28, 2019.
Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
The Osia Hyper IPO opens on Mar 26, 2019 and closes on Mar 28, 2019.
Osia Hyper IPO lot size is 400 Shares and the minimum order quantity is .
You can apply in Osia Hyper IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Osia Hyper IPO will be done on Apr 2, 2019, and the allotted shares will be credited to your demat account by Apr 4, 2019. Check the Osia Hyper IPO allotment status.
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Devyansh| Link |Apr 8, 2019 1:14:35 PM