Osel Devices Limited

Osel Devices Limited

NNSE:OSELDEVICE
332.00
INR
-5.20
(-1.54%)
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Capital Structure

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Working Capital

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Growth Rates

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Semi-annual Revenue

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Semi-annual Earnings Per Share

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Semi-annual Dividends Per Share

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Company Description

CEO
Dipankar Ghoshal
Sector
Health technology
Industry
Medical specialties
Address
Noida India
IPO Date
Sep 24, 2024
Business
Osel Devices Limited is an India-based technology and electronic manufacturing company that specializes in the design, production, and distribution of light-emitting diode (LED) display systems and hearing aid devices. Founded in 2006 and headquartered in Noida, Uttar Pradesh, India, the company operates manufacturing and testing infrastructure situated in Greater Noida, serving commercial, public infrastructure, and healthcare sectors across India. The company operates through two primary business divisions: LED Display Solutions and Healthcare Assistive Electronics. Its LED Display Systems portfolio encompasses commercial indoor and outdoor LED screens; high-definition video walls; flexible and curved display panels; digital out-of-home (DOOH) advertising billboards; interactive flat panels and digital kiosks; perimeter displays for sports venues; transparent LED screens; and integrated digital signage management software offering content scheduling, remote monitoring, and diagnostic control. Its Healthcare Assistive Electronics division designs and manufactures digital hearing aids, including behind-the-ear (BTE), in-the-ear (ITE), receiver-in-canal (RIC), and rechargeable programmable models engineered for various degrees of hearing impairment. Complementing its product lines, the company provides comprehensive electronic manufacturing services (EMS), system integration, structural installation, calibration, and post-sales maintenance and repair services. Osel Devices Limited markets its products to a broad customer base comprising media and advertising agencies, corporate enterprises, government agencies, municipal corporations, retail operators, hospitality venues, healthcare institutions, and individual consumers. In recent developments, the company achieved a major corporate milestone by completing its initial public offering (IPO) and listing its equity shares on the National Stock Exchange of India SME platform (NSE Emerge) in September 2024 under the ticker OSELDEVICE to finance production capacity expansion, technological upgrades, and working capital requirements. The company has undertaken significant operational enhancements at its Greater Noida manufacturing facility to scale up the assembly of energy-efficient mini-LED and micro-LED display modules as well as advanced digital hearing devices with enhanced acoustic processing. Additionally, Osel Devices has expanded its domestic distribution channels, strengthened supply partnerships for municipal smart city signage installations, and increased participation in government-backed assistive healthcare device distribution programs.