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.

CIN: U72200DL2006PLC152027Active; ListedRoC-DelhiConfidence: medium

Last updated 6 September 2026

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AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.

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Company Identity

Confirmed
Registered nameOsel Devices Limited
CINU72200DL2006PLC152027
PANAABCI5511N
Status
  • Active
  • Listed (NSE SME, ticker OSELDEVICE) — sources: Falconebiz, TheCompanyCheck, Tofler, oseldevices.com
Listing
  • Yes — NSE SME (Emerge), ticker OSELDEVICE
  • IPO opened 16–19 Sep 2024, price band ₹155–₹160/share, issue size ≈₹70.66 crore, listed 24 Sep 2024 at ₹198.05 (≈23.8% listing gain, 194.24x subscription per InvestorGain snippet)
  • Sources: ipowatch.in, investorgain.com (search snippet), oseldevices.com/investor
Incorporated14 August 2006
ROCRoC-Delhi — Delhi
Sector (NIC)
  • Registered NIC/CIN prefix U72200 = "Computer programming, consultancy and related activities" (software), reflecting the company's original 2006 registration
  • Actual current business per oseldevices.com and Tofler is electronics OEM manufacturing — LED display screens, hearing aids, mobile phones — i.e. the NIC classification on record is stale relative to the operating business
  • Tofler's industry tag: "Computer Related Services" / "Wholesale Trading, hearing aid and accessories"
Registered address
  • Office No-712, Naurang House, K.G. Marg, Connaught Place, Central Delhi, New Delhi, Delhi 110001
  • TheCompanyCheck shows a slightly different suite in the same building: "1209 & 1210, 12th Floor, B Block, Naurang House, K.G. Marg, Connaught Place, New Delhi 110001" — likely an internal office move; flagged as a source conflict, not resolved to a single current 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

Confirmed
  • 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

Partial / conflicting

Financials

Partial / conflicting
  • 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

Confirmed
  • 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

Confirmed
  • OSEL Devices to convene AGM

    Dailyhunt · 21 days ago

  • Osel Devices Ltd. Share Price: 52-Week Low, Valuation View

    Univest · a month ago

  • Osel Devices Share Price Rise: Technicals and Fundamentals

    Univest · a month 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 · 2 months ago

Headlines about Osel Devices Limited reported by third-party publications. Recur Club does not author or endorse this coverage. Last checked 14 days ago.

Source: Google News aggregated headlines

Shareholding

Partial / conflicting
  • Not confirmed numerically
  • The company publishes SEBI LODR-mandated shareholding-pattern filings (oseldevices.com/shareholding-patterns/, most recent as of 30 June 2026) but the actual promoter/public % breakdown is inside PDF filings that could not be parsed via fetch
  • Status: partial — existence of periodic disclosure confirmed, numbers not obtained

Charges & Borrowings

Partial / conflicting
  • total borrowings up ~49% YoY, with lenders — Axis Bank ₹60.0 crore, Indian Bank ₹59.5 crore, HDFC Bank ₹40.3 crore, Citibank N.A. ₹5.0 crore, Bank of Baroda ₹2.0 crore
  • Not cross-verified against a second source, so treated as partial/single-source

Competitors

Partial / conflicting
Syrma SGS Technology Ltd
large-cap EMS/OEM, mainboard NSE/BSE
Kaynes Technology India Ltd
large-cap EMS, mainboard
Cyient DLM Ltd
mid-cap EMS, mainboard
Avalon Technologies Ltd
mid-cap EMS, mainboard

Frequently Asked Questions

What does Osel Devices Limited do?
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.
What is the CIN of Osel Devices Limited?
The Corporate Identification Number (CIN) of Osel Devices Limited is U72200DL2006PLC152027.
Where is Osel Devices Limited registered?
Osel Devices Limited is registered with RoC-Delhi (RoC Delhi II per Falconebiz; "Delhi" per TheCompanyCheck) — Delhi. Registered address: Office No-712, Naurang House, K.G. Marg, Connaught Place, Central Delhi, New Delhi, Delhi 110001 (Falconebiz, Tofler).
When was Osel Devices Limited incorporated?
Osel Devices Limited was incorporated on 14 August 2006 (confirmed — Falconebiz, TheCompanyCheck, Tofler all agree).

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Disclaimer: Company information shown on this page is compiled from public records and third-party sources. It may be incomplete, outdated, or contain inaccuracies, and is provided for general informational purposes only. Please verify details independently before relying on them.