Osel Devices Ltd.

Osel Devices Limited, formerly known as Innovative Infratech Solutions Private Limited, was founded in 2006 and manufactures a comprehensive range of LED display systems and hearing aids.The company manufactures a comprehensive range of LED display systems including all major components for commercial use such as advertising media, billboards, corporate boardrooms, presentations, display promotions, command centers, and front signs. The company's LED display systems are equipped with a content management system that allows them to be connected to a phone or computer and displayed on screen.The company also manufactures hearing aids, commonly known as health aids, to assist people with disabilities, the elderly, and the chronically ill who have low hearing levels. The company's main customer for hearing aids is the Artificial Limbs Manufacturing Corporation of India. The company manufactures digitally programmable and non-programmable hearing aids.Osel’s manufacturing facility in Greater Noida was inaugurated by former Union Minister Shri Pratap Sarangi. The plant has a production capacity of 15,000 square feet of LED display per year and 4,00,000 units of hearing aids per year.Competitive strengths:Manufacturer of LED display systems and hearing aids with a long-standing market presenceGeographical presenceQuality assurance and quality control of our productsStrong, cordial and long-term relationships with customersCost-efficient production and punctual order processingExperienced management teamCustomers of the brandService and support after the saleOn March 31, 2024, the company employed 68 employees.

Osel Devices Ltd. proposes to utilise the net proceeds from the Issue for the following objects: