Osia Hyper Retail Limited IPO

Osia Hyper Retail Limited is an arising retail focused bazaar chain. It has received the best award “Emerging Brand in Retail Superstores” in 2017 by My FM and several other awards including “Best Retailer in Gujarat” and “Role Model Supermerketwala”. As on the date of drafting prospectus, it has centrally Distribution Center and Its Registered Office at Ahmadabad. While its sources its products from Calcutta, Mumbai, Delhi, Surat, Agra, Ahmedabad and Tripura among other cities.  

Date of Incorporation: The Company was initially incorporated as “Mapple Exim Private Limited” on 18th October 2013. Subsequently it was reframed to a public limited company “Osia Hyper Retail Limited” on 13th September 2017.

Promoters of the Company: Mr Dhirendra Gautam Chopra and Mrs Kavita Dhirendra Chopra are the promoters of Osia Hyper Retail Limited.

Products and Service Offerings: The Company offers a wide range of products under the Apparels Department, Kid’s Department, Food Department and Other Department.

Customer Segments: Osia Hyper Retail Limited has 6 stores across Ahmedabad, 1 store at Gandhinagar, 2 stores at Vadodara and 1 store at Dehgam to serve retail clients across several cities in Gujarat.

Objects of the Offer: The core objectives of Osia Hyper Retail Limited are:

• - Purchasing fitouts for its stores.

• - Financing working capital requirements.

• - To fund general corporate purpose.

• - Issue related expenses.

Company Financials: