Description
NSE notifies listing of 1,565,400 equity shares of Osel Devices Limited allotted on preferential basis, effective October 06, 2025.
Summary
NSE has admitted 1,565,400 equity shares of Osel Devices Limited to trading on the SME EMERGE platform with effect from October 06, 2025. The shares were allotted on preferential basis at Rs. 340 per share with a face value of Rs. 10.
Key Points
- Company: Osel Devices Limited (Symbol: OSELDEVICE)
- Securities: 1,565,400 equity shares of Rs. 10/- each
- Allotment Type: Preferential Basis
- Allotment Date: September 01, 2025
- Issue Price: Rs. 340 per share
- Market Lot: 400 shares
- ISIN: INE0RMF01018 (Series: SM)
- Distinctive Number Range: 16129201 to 17694600
- Trading Platform: SME EMERGE segment
Lock-in Details
- 1,447,200 shares (DN: 16129201 to 17576400) - Lock-in expires April 07, 2026
- 73,400 shares (DN: 17576401 to 17649800) - Lock-in expires April 08, 2026
- 44,800 shares (DN: 17649801 to 17694600) - Lock-in expires April 07, 2026
Important Dates
- Allotment Date: September 01, 2025
- Listing Effective Date: October 06, 2025
- Lock-in Expiry: April 07-08, 2026
Compliance Requirements
- Shares are pari passu with existing equity shares
- Currently allotted shares are credited under temporary ISIN (IN8*********) in dematerialized mode per SEBI circulars CIR/MRD/DP/21/2012 (August 02, 2012) and CIR/MRD/DP/24/2012 (September 11, 2012)
- Trading permitted only in specified lot size of 400 shares
Impact Assessment
Minimal market impact as this is a routine listing of preferential allotment for an SME stock. The lock-in period on all shares until April 2026 prevents immediate selling pressure. Existing shareholders and traders should note the additional shares in circulation.
Impact Justification
Routine listing of preferential allotment for SME stock with limited market impact