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Osel Devices Limited Announces Initial Public Offering (IPO) on NSE EMERGE Platform
New Delhi [India] September 13: Osel Devices Limited (the “Company” or the “Issuer”), is in to the innovative technology sector, is proud to announce its Initial Public Offering (IPO) in accordance with Chapter IX of the SEBI (ICDR) Regulations for Small and Medium Enterprises (SMEs). The Company’s equity shares are proposed to be listed on [...]
New Delhi [India] September 13: Osel Devices Limited (the “Company” or the “Issuer”), is in to the innovative technology sector, is proud to announce its Initial Public Offering (IPO) in accordance with Chapter IX of the SEBI (ICDR) Regulations for Small and Medium Enterprises (SMEs). The Company’s equity shares are proposed to be listed on the SME platform of NSE Limited (NSE EMERGE), marking a significant milestone in its growth journey.
Founded in 2006 as Innovative Infratech Solutions Private Limited, the Company has undergone a series of transformative changes, both in name and corporate structure. Initially incorporated on August 14, 2006, the Company aimed to bring innovative technology solutions to market. After rectifying a transposition error in the name in 2013, the Company officially became ‘Innovative Infratech Solutions Private Limited.’
In January 2024, the Company rebranded to ‘Osel Devices Private Limited’ to reflect its core business and enhance its branding strategy. Following a resolution passed by the Board of Directors and approval from the Shareholders, Osel Devices converted into a public limited company in March 2024, marking the final transition to ‘Osel Devices Limited.’ The new name aligns with the Company’s focus on providing cutting-edge technology solutions and better positioning in the competitive tech landscape.
