Company Intelligence Profile
Osel Devices Limited
OSEL Devices Limited is an original equipment manufacturer (OEM) based in Greater Noida, Uttar Pradesh, per its official site (oseldevices.com), manufacturing LED display screens, digital programmable/non-programmable hearing aids, and mobile phones.
Last updated 6 September 2026
OSEL Devices Limited, based in Greater Noida, Uttar Pradesh, is an original equipment manufacturer of LED display screens, digital hearing aids, and mobile phones. Recently listed on the NSE SME, the company reported approximately ₹2.93 billion revenue in FY2025-26, marking a 56.95% year-over-year growth, with a net profit of ₹292.12 million.
Compiled from MCA filings and other public records. Figures may lag the latest filing; verify against the detailed sections below.
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Company Identity
| Registered name | Osel Devices Limited |
|---|---|
| CIN | U72200DL2006PLC152027 |
| PAN | AABCI5511N |
| Status |
|
| Listing |
|
| Incorporated | 14 August 2006 |
| ROC | RoC-Delhi — Delhi |
| Sector (NIC) |
|
| Registered address |
|
| Authorized capital | ₹20,00,00,000 (₹20 crore) |
| Paid-up capital | ≈₹17.7 crore — Falconebiz/TheCompanyCheck show ₹17,79,46,000; treated as partial/confirmed-range. |
Business Overview
- OSEL Devices Limited is an original equipment manufacturer (OEM) based in Greater Noida, Uttar Pradesh, per its official site (oseldevices.com), manufacturing LED display screens, digital programmable/non-programmable hearing aids, and mobile phones
- A stated major hearing-aid customer is the Artificial Limbs Manufacturing Corporation of India (ALIMCO)
- The company was originally incorporated in 2006 under a software/IT NIC code (U72200) and appears to have pivoted into electronics hardware manufacturing over time
- one Kerala High Court filing (Nov 2024) additionally lists a prior name "Innovative Infratech Solutions Pvt. Ltd." for this entity — a single-source detail, not independently corroborated, so treated as unverified corporate-history color rather than a confirmed fact
- Listed on NSE SME in Sep 2024 following an IPO
Directors
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Rajendra Ravi Shanker Mishra, Managing Director | 01628136 | - | - |
| Saurav Upadhyay, Director | 05350001 | - | - |
| Hitu Gambhir Mahajan, Director | 07043618 | - | - |
| Sreerama Murthy Garuda, Director | 07240632 | - | - |
Financials
- Latest available (stockanalysis.com, listed-company data, apparently consolidated/company FY2025-26): Revenue ≈₹2.93 billion (₹293 crore), +56.95% YoY (prior year ≈₹1.86bn / ₹186 crore)
- Net Profit (PAT) ≈₹292.12 million (₹29.2 crore), +45.68% YoY
- Market cap ≈₹6.48 billion (₹648 crore), -14.1% recent move
- EBITDA and net-worth absolute figures: not obtained from this source
- Separately, Tofler's snapshot (referencing FY2023-24 filings, pre-IPO) shows YoY: Revenue +61.9% (range ₹100-150cr), EBITDA +160.39%, Net Profit +152.27%, Networth +100.21%, Gross Margin 7.64%, Operating Margin 6.44%, Net Profit Margin 3.42%, ROE 10.33%, ROCE 28.12%, Debt/Equity -0.35
- The two datasets are for different fiscal years (FY23-24 vs FY25-26) and are broadly consistent with a fast-growing, recently-listed SME — but exact EBITDA/net-worth crore values and standalone-vs-consolidated basis were not independently confirmed; treat as partial
- Full audited financials would require the annual report PDF (oseldevices.com/wp-content/uploads/2025/09/OSEL_AR_25.pdf, FY2024-25) which was not parsed due to size constraints
Funding / IPO
- IPO on NSE SME (Emerge): opened 16-19 Sep 2024, price band ₹155-160/share, face value ₹10, issue size ≈₹70.66 crore, listed 24 Sep 2024 at ₹198.05 (~23.8% listing-day gain; ~194.24x subscription per an aggregator snippet)
- Sources: ipowatch.in, investorgain.com (search snippet), corroborated by oseldevices.com's own DRHP/RHP/Prospectus links
- No other private equity/VC funding rounds found
In the News
OSEL Devices to convene AGM
Dailyhunt · a month ago
Osel Devices Ltd. Share Price: 52-Week Low, Valuation View
Univest · a month ago
Osel Devices Share Price Rise: Technicals and Fundamentals
Univest · 2 months ago
Osel Devices to host investor meet on July 21
scanx.trade · 2 months ago
Osel Devices unit adds 4 centres in West Bengal partnership
scanx.trade · 3 months ago
Headlines about Osel Devices Limited reported by third-party publications. Recur Club does not author or endorse this coverage. Last checked 9/6/2026.
Source: Google News aggregated headlines
Charges & Borrowings
Legal
- One matter located on Indian Kanoon: "Osel Devices Limited (Previously Known as Innovative Infratech Solutions Pvt. Ltd.) vs Assistant Enforcement Officer," Kerala High Court, WP(C) No. 33720 of 2024, dated 7 November 2024, before Justice P. Gopinath — a writ petition (subject matter/outcome not detailed in the fetched summary)
- This is the only legal record found and is single-source; the "previously known as" detail is noted above under overview as unverified
Competitors
Frequently Asked Questions
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