IPO Issue Details
Issue Price / Price Band₹252 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size400 Shares per Lot
Total Issue Size15,78,400 shares (aggregating up to ₹39.78 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenTue, 26 Mar 2019
Subscription CloseThu, 28 Mar 2019
Anchor AllotmentMon, 25 Mar 2019
Basis of AllotmentTue, 02 Apr 2019
Initiation of RefundsWed, 03 Apr 2019
Credit of Shares to DematThu, 04 Apr 2019
Listing DateFri, 05 Apr 2019
UPI Mandate Deadline2019-03-28
Application & Investment Details
Retail — Min (1 Lots)₹1,00,800 — 400 shares
Retail — Max (13 Lots)₹1,310,400 (13 Lots)
HNI — Min (2 Lots)₹2,01,600 — 800 shares
Net Offer to Public14,99,200 shares (aggregating up to ₹37.78 Cr)
Reserved for Market Maker79,200 shares (aggregating up to ₹2.00 Cr)
Pre-IPO Promoter Holding43,75,000 shares
Post-IPO Promoter Holding59,53,400 shares
About Osia Hyper Retail Ltd.
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
Objects of the Issue
Osia Hyper Retail Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Purchase of Fit outs for stores
8.48
2
2 To meet working capital requirement
28.70
3
3 General Corporate Expenses
1.60
Shareholding & Lock-in
Pre-IPO Promoter Holding
43,75,000 shares
Post-IPO Promoter Holding
59,53,400 shares