Osia Hyper Retail Limited IPO
(i) They are an emerging supermarket chain with a focus on value- retailing. They opened the first store in Ahmedabad, Gujarat in 2014, in the name of “Osia Hypermart”. It works on the same economic model as other various retail showroom chains. The idea was pioneered by entrepreneur Mr. Dhirendra Chopra, the Promoter and Managing Director of the company.
(ii) As on date, they have 11 stores with retail business located across various cities in Gujarat. The Osia Hypermart stores have various divisions to meet the fluctuated shopping needs of customers. These incorporate Menswear, Women‘s wear, Kid‘s wear, Footwear, Cosmetics, Perfumes and Handbags, Household Accessories, lingerie, Gifts, Groceries, crockery, Handicrafts, utensils, handlooms, etc under one rooftop. The company stores have over thousands of products under a single roof that will cater to every need of a family and making Osia Hypermart public‘s favorite shopping destination with a modern ambience and with the feel of a large retail mall.
(iii) Osia Hypermart is the destination where you get products available at prices lower than MRP, setting a new level of standard in price, convenience, and quality. The Company is also planning to trade Wholesale, which will boost-up the growth of the company and increase the scope of business and also Bulk trade with other retail stores The total concept and idea of shopping has undergone a vast drawing change in terms of format and consumer buying behavior, ushering in a revolution in shopping in India.
Objects of the Osia Hyper Retail Limited IPO:
Osia Hyper Retail Limited IPO Details:
Open Date: | Mar 26 2019 |
Close Date: | Mar 28 2019 |
Total Shares: | 1,578,400 |
Face Value: | ₹ 10 Per Equity Share |
Issue Type: | Fixed Price IPO |
Issue Size: | 39.78 Cr. |
Lot Size: | 400 Shares |
Issue Price: | ₹ 252 Per Equity Share |
Listing At: | NSE Emerge |
Listing Date: | Apr 05 2019 |
Financials of Osia Hyper Retail Limited IPO:
Comparison With Peers:
Recommendation on Osia Hyper Retail Limited IPO:
Lead Manager of Osia Hyper Retail Limited IPO:
Registrar of Osia Hyper Retail Limited IPO:
Bid Details of Osia Hyper Retail Limited IPO as on
28-Mar-2019 18:00:01 IST
Category | No.of shares offered | No. of shares bid |
---|---|---|
749,600 | 1,254,000 | |
749,600 | 427,600 | |
79,200 | 79,200 | |
1,578,400 | 1,760,800 |
QIBs | Yes |
QIBs+HNIs Subscription | 1.67X |
Retail Subscription | 0.57X |
Total Subscription | 1.12X |
Discussion on Osia Hyper Retail Limited IPO:
3 Comments
Leave a Reply
You must be logged in to post a comment.
Depend upon the Subscription figure we can bet on this.
Hello!! Monarch comtrade is said to have been allotted 4 lac shares @ RS. 144 / apiece with no lock in. Is this true? Would they not sell heavily on the listing day? Is it safe to apply in this ipo? Please reply.
The Company has 11 stores as on date and the company operates all of them. There is no franchise model as yet.