Osia Hyper Retail Limited IPO

Add to Calendar 2019-03-26 12:00 AM 2019-03-28 12:00 AM Asia/Kolkata Osia Hyper Retail Limited IPO Osia Hyper Retail Limited India

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:

Particulars

For the year/period ended (in Rs. Lacs)


30-Nov-18

31-Mar-18

31-Mar-17

31-Mar-16

Total Assets

1,15,74.52

78,14.65

49,76.23

26,55.62

Total Revenue

1,45,01.36

1,42,23.28

95,32.78

53,53.74

Profit After Tax

4,74.18

5,35.32

88.39

35.29

Issue Detail

  • Issue Open: Mar 26, 2019
  • Issue Close: Mar 28, 2019
  • Issue Type: Fixed Price Issue
  • Face Value: Rs 10 Per Equity Share
  • Price Band: Rs 252 Per Equity Share
  • Bid Lot:400 Shares
  • Minimum Order Quantity:400 Shares
  • Listing At: NSE SME
  • Issue Size: • Rs 39.78 Cr

Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & Time QIB NII RII Employee Others Total
Shares Offered / Reserved - 749,600 749,600 - - 1,499,200
Day 1 - Nov 30, -0001IST - 0.16x 0.06x - - 0.11x
Day 2 - Mar 27, 2019IST - 0.80x 0.18x - - 0.49x
Day 3 - Mar 28, 2019IST - 1.66x 0.57x - - 1.12x

Listing Day Trading Information

- BSE NSE
Issue Price - -
Open - -
Low - -
High - -
Last Trade - -
Volume - -

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