Osel Devices IPO allotment date likely today. GMP, how to check status

Osel Devices IPO: Following the successful completion of the Osel Devices Initial Public Offering (IPO), investors who applied for the issue are now awaiting the allocation of shares, which is expected to be finalized on Friday, September 20. Investors who applied for the ₹The subscription status of the 70.66 crore SME IPO can be checked online on the website of the registrar of the issue, which is Mas Services Limited.

The book-based SME IPO, with a fresh issue of 44.16 lakh shares, opened for subscriptions on Monday, September 16 and closed on Thursday, September 19. The issue saw a total of 194.24 subscriptions, of which retail subscribed 206.07 times and non-institutional buyers 321.40 times.

The allotment of shares is expected to be finalised today, following which the company’s shares may be credited to the demat accounts of the successful bidders on Monday, September 23. Those who had subscribed for the IPO but did not receive allotment may get their money refunded on the same day, i.e. Monday, September 23. The shares are expected to debut on the NSE SME on Tuesday, September 24.

Osel Devices IPO GMP today

According to stock market observers, Osel Devices shares are available at a premium ₹110 in today’s gray market. Considering the gray market premium (GMP) ₹110 and issue price ₹160, the estimated price of Osel Devices shares is ₹270, with a bonus of 68.75 percent.

How to check the status of Osel Devices IPO share allocation?

If you have applied for the Osel Devices IPO, you can check the status of your share allocation online by visiting the registrar’s website.

Step 1: Go to the official website of Mas Services Limited by clicking this link: https://www.masserv.com/index.asp

Step 2: Click on the “IPO Allotment Status” link located at the bottom left corner of the web page.

Step 3: Check the status of your Osel Devices IPO share allocation. Please note that the share allocation status will only be visible once the allocation process is complete.

How to check the status of Osel Devices IPO share allotment on NSE?

Step 1: Visit the official website of NSE by clicking on this link: https://www1.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp

Step 2: To register, click on the “Click Here to Register” option and enter your PAN number on the NSE website.

Step 3: Enter your username, password and captcha code.

Step 4: Once you are redirected to the next page, check the status of your IPO allocation.

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