Osia Hyper IPO is all about to make its debut on 26 march 2019 with issue size of INR 39.78cr
Osia Hypermart Retail Ltd is a young network of supermarkets with headquarters in Ahmedabad. By providing goods at low prices, it focuses on value retailing. The brand currently has 11 distribution locations in five Gujarati cities: Ahmedabad, Vadodara, Dehgam, Gandhinagar, and Gandhidham. Each Osia retail centre is divided into various categories, such as handlooms, cosmetics, footwear, women’s apparel, handbags, and tableware.
More than a thousand of its items are geared at meeting every requirement of a family. Calcutta, Mumbai, Delhi, Surat, Agra, Ahmedabad, and Tripura are the product suppliers for the distributor Osia. In order to deliver products while keeping a balance between cost and quality, the company plans to grow its business by opening comparative arrangement outlets. The company anticipates doing wholesale business, which will accelerate its expansion.
INDUSTRY OVERVIEW
The Indian economy is expected to grow its GDP on average by 7.3% between 2020 and 2022, according to a study by Morgan Stanley. According to the assessment, the forecast for the nation’s economic growth over the long run is favourable. In 2018, the private capex cycle is anticipated to improve, resulting in a sustained and fruitful economic cycle. Furthermore, it is projected that the policy mix will encourage continued gains in productivity, lowering the risks to macrostability. In addition, the research projects that private capital spending will increase in 2018 and that the financial system will get stronger, helping to meet the need for investment loans. Lastly, the research projects that the economy will reach full recovery in 2018, with real GDP growth accelerating from 6.4% to 7.5%.
Osia Hyper IPO Details
| 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 |
Osia Hyper IPO Tentative Dates
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 |
Company Financials
| 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 |
Objects of the Issue
- The company plans to use the net proceeds from the offering for the following purposes:
- 1. Purchasing store fit-outs
2. To fulfil the need for working capital
3. Overarching Corporate Goals
4. Issue Costs
Osia Hyper IPO Prospectus
Company Contact Information
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/
Osia Hyper IPO Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: Mumbai@skylinerta.com
Website: https://www.skylinerta.com/
Osia Hyper IPO Lead Manager(s)
- Monarch Networth Capital Ltd (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
