Osia Hyper Retail IPO – Review, Allotment, Subscription, GMP & DRHP

Osia Hyper Retail is an emerging supermarket chain with a focus on value-retailing. They opened their first store in Ahmedabad, Gujarat in 2014, in the name of “Osia Hypermart”. 

Let’s have a detailed review of the company and analytics of the Osia Hyper Retail IPO release date, IPO offer price, subscription, Osia Hyper Retail IPO allotment, grey market price and other details like the company’s background, its financial positions, its promoters and other related things.


Osia Hyper Retail IPO Review & Ratings

IPO Ratings & Review
Criteria Ratings 
Industry Sentiments 7.5/10
Industry Ranking 7.8/10
Company Background 7.7/10
Company Reputation 7.5/10
Competitive Edge 7.3/10
Financial Statements 7.8/10
Popularity Index 7.4/10
Promoters Reputation 7.1/10
Retail Appetite 7.2/10
Top Brokers Review 7.2/10
Overall Ratings 7.4/10
Star Ratings ★★★★☆

Summary of Osia Hyper Retail IPO

Osia Hyper Retail IPOOsia Hyper Retail is an emerging supermarket chain with a focus on value-retailing.They opened their first store in Ahmedabad, Gujarat in 2014, in the name of “Osia Hypermart”. It works on the same economy model as DMart, Big Bazaar, Star Bazaar and other various retail showroom chains. The idea was pioneered by entrepreneur Mr. Dhirendra Chopra, the Promoter and Managing Director of the company. Initial public offering of up to 15,78,400 Equity Shares for cash at price of Rs. [●] per Equity Share (including a premium of Rs. [●] per Equity Share) aggregating up to Rs. [●] lakhs. 

From FY 2015-16 to FY 2017-2018, as per the Restated Financial Statements,

  • The revenue from operations was Rs.14180.02,  Rs.9501.17 and Rs.5335.81 lakhs in Fiscal 2018,2017 and 2016 respectively.
  • The net asset value per Equity Share was Rs.9.86 as on March 31, 2018, Rs 31.16 as on March 31, 2017 and Rs. 13.06 as on March 31, 2016 respectively, as per the Restated Standalone Financial Statements.
  • Profit after Tax for FY 2017-18 was Rs. 535.32 , Rs.88.39 as on 2016-17 and Rs.35.30 as on FY 2015-16 respectively.

The Promoters of this company are  MR. DHIRENDRA GAUTAM CHOPRA and MRS. KAVITA DHIRENDRA CHOPRA. The lead manager to the issue is MONARCH NETWORTH CAPITAL LIMITED and the Registrar to this issue is SKYLINE FINANCIAL SERVICES PRIVATE LIMITED.



Osia Hyper Retail IPO Date

The opening and the closing date of Osia Hyper Retail IPO is not known yet.


Osia Hyper Retail IPO Subscription

Day / Date QIB NII RII Total Subscription
Day 1 
Day 2
Day 3
Day 4
Day 5
Shares Offered or Net Issue

The shares subscribed by the public will be updated herein on a daily basis, once the IPO is open for subscription.


Osia Hyper Retail IPO Allotment Status

Here, you can find the Allotment Status of this IPO.


Osia Hyper Retail IPO Price Band

The face value of each share is Rs 10, but the price band of the IPO is not yet disclosed. 


Osia Hyper Retail IPO Equity Share Offering

Initial public offering of up to [●] Equity Shares for cash at price of Rs. [●] per Equity Share (including a premium of Rs. [●] per Equity Share).


Osia Hyper Retail Limited – Company Overview

Osia Hyper Retail Limited is an emerging supermarket chain with a focus on value- retailing. They opened their first store in Ahmedabad, Gujarat in 2014, in the name of “Osia Hypermart”. It works on the same economy model as DMart, Big Bazaar, Star Bazaar and other various retail showroom chains. The idea was pioneered by entrepreneur Mr. Dhirendra Chopra, the Promoter and Managing Director of the company.

As on date, they have 10 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.

Company will enhance the democratized shopping in Gujarat and is so much more than a hypermarket. 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.

Competitive Strengths of Osia Hyper Retail Limited:

  • Diversified Product Basket
  • Brand image
  • Widespread distribution network
  • Dedicated Management Team
  • Value retailing to a well defined target consumer base

Business strategies of Osia Hyper Retail Limited:

  • Widening our distribution network.
  • Enhancing sales volume by continuing to prioritise customer satisfaction.
  • Continue improving our operating efficiency and supply chain management.
  • Leveraging our marketing skills and initiatives.
  • Improving functional efficiency.

Osia Hyper Retail Limited – Financial Statements

A quick look into the past financial performance of the company to understand its performance of business and evaluate the growth prospectus:

Financial Summary:

On the basis of Standalone statement:-

Amount (in INR & Lakhs)
30-Nov-18 31-Mar-18 31-Mar-17 31-Mar-16
Total Assets 11574.52 7814.65 4976.23 2655.62
Total Revenue 14501.36 14223.28 9532.78 5353.74
Total Expense 13770.61 13416.25 9391.61 5302.28
Profit After Tax 474.19 535.32 88.39 35.30

Earnings per Equity Share (in Lakhs)

30-Nov-18 31-Mar-18 31-Mar-17 31-Mar-16
Basic & Diluted 12.27 14.28 5.40 2.35

From the above statements, one could find that the Osia Hyper Retail Limited may perform well.


Osia Hyper Retail IPO – Promoters

The Promoters of this company are:

  • MR. DHIRENDRA GAUTAM CHOPRA
  • MRS. KAVITA DHIRENDRA CHOPRA

Interest in promotion of the Company

Company is currently promoted by the Promoters in order to carry on its present business. Promoters are interested in the Company to the extent of their shareholding and directorship of the Individual Promoter in the Company and the dividend declared, if any, by the Company. The Promoters are interested in the transactions entered into the Company and the Promoter Group.

Property Interest

The promoters along with the promoter group will continue to hold collectively some percentage of the equity share capital of the company. As a result of the same, they will be able to exercise significant influence over the control of the outcome of the matter that requires approval of the majority shareholders vote.

Interest in Intellectual Rights of the Company

Promoters has not shown any interest in acquiring the intellectual rights of the company.


Osia Hyper Retail IPO Offer Details or Issue Details

Particulars  No. Of Equity Shares
 Equity Shares Offered  15,78,400 Equity Shares of face value of Rs.10/- each
 Reserved for Market Makers  79,200 Equity Shares of face value of Rs. 10/- each
 Net Issue to the Public  14,99,200 Equity Shares of face value of Rs.10/- each
 Of which:
 Retail Investors Portion  7,49,600 Equity Shares  of Rs.10/- each for cash at a price of Rs. [●] per share (including a premium of Rs. [●] per Equity Share) will be available for allocation for allotment to Retail Individual Investors of up to Rs.2.00 Lakhs.
 Non-Retail Investors Portion  7,49,600 Equity Shares of Rs.10/- each for cash at a price of Rs. [●] per share (including a premium of Rs. [●] per Equity Share) will be available for allocation for allotment to Other Investors other than retail investors (including corporate bodies or institutions) of above Rs.2.00 Lakhs.
 Equity Shares outstanding prior to the Issue 43,75,000 Equity Shares
 Equity Shares outstanding after the Issue 59,53,400 Equity Shares of face value of Rs. 10 each

Osia Hyper Retail IPO Issue Object

These are the IPO Issue Objects of the company

  • Purchase of Fit outs for stores
  • To meet Working Capital Requirements
  • General Corporate Purpose
  • Issue Expenses

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Osia Hyper Retail IPO – Basis of the Offer Price

The issue price is determined by the company in consultation with the Lead manager on the basis of the following qualitative and quantitative factors.

Qualitative factors are:

  • Experienced promoters and Management Expertise
  • Brand Image
  • Value-retailing to a well defined target consumer base
  • Networking strength

The relevant quantitative factors are:

On the basis of standalone statement:-

Basic & Diluted EPS RONW in % NAV (Rs.)
31-Mar-16 2.35 18.02
31-Mar-17 5.40 15.13
31-Mar-18 14.28 47.81
  • Price to Earnings (P/E) ratio in relation to Issue Price of [●] per Equity Share of face value of Rs. 10 each
Particulars P/E ratio
Highest 251.47
Average 96.48
Lowest 25.99
  • Competitive Peers:
Sr. No.  Particulars Face Value  (in Rs.) EPS (In Rs.) P/E Ratio RONW (%)  NAV (In Rs.)
1 Osia Hyper Retail
Limited
10 15 NA 48.61 29.86
2 Avenue
Supermarts
Limited
10 12.6 114.26 16.9 74.39
3 V-Mart Retail
Limited
10 42.9 58.81 22.36 192
4 V2 Retail Limited 10 9.62 25.99 11.35 83.21
5 Aditya Consumer
Limited
10 2.04 31.89 6.56 15.18

 


Osia Hyper Retail IPO Lead Managers

Lead Managers
MONARCH NETWORTH CAPITAL LIMITED
Address – Monarch House, Opp., Ishwar Bhuvan, Commerce Six Road,
Navrangpura, Ahmedabad – 380009. Tel. No. – 079 – 6600 0588/ 2666 6754
Website: https://www.mnclgroup.com/ Email:
Investor Grievance Email:
Contact Person: Ms. Jenny Bagrecha SEBI Regn. No. MB/ INM000011013

Osia Hyper Retail IPO Registrar to offer

Registrar to the Offer
SKYLINE FINANCIAL SERVICES PRIVATE LIMITED
Address – 4A9, Gundecha Onclave, Kherani Road, Sakinaka, Mumbai – 400072,
India. Tel. No. – 022-– 28511022/ 62215779
Website: www.skylinerta.com Email:
Investor Grievance Email:
Contact Person: Mr. Subhash Dhingreja SEBI Regn. No. INE000003241

Other Details:

  • Statutory Auditor – CHOPRA SHAH & ASSOCIATES
  • Peer Review Auditor – : J VAGERIYA & ASSOCIATES
  • Bankers to the Company – PUNJAB NATIONAL BANK

Osia Hyper Retail IPO Review by Top 10 Stock Brokers

Top Stock Brokers Review Company Reputation Competitive Edge Financial Statement Popularity Index Promoters Reputation
Angel Broking 7.5/10 7.4/10 8.5/10 8.1/10 7.1/10
Sharekhan 7.2/10 7.1/10 8.6/10 8.1/10 7.2/10
Kotak Securities 7.3/10 7.5/10 8.4/10 8.1/10 7.3/10
ICICI Direct 7.3/10 7.3/10 8.7/10 8.1/10 7.1/10
IIFL 7.5/10 7.2/10 8.8/10 8.0/10 7.1/10
Edelweiss 7.5/10 7.4/10 8.4/10 8.3/10 7.2/10
Zerodha 7.4/10 7.1/10 8.5/10 8.1/10 7.0/10
5Paisa 7.1/10 7.1/10 8.4/10 8.1/10 7.1/10
Karvy 7.4/10 7.3/10 8.2/10 8.1/10 7.1/10
Motilal Oswal 7.1/10 7.1/10 8.6/10 8.3/10 7.2/10

Osia Hyper Retail IPO Grey Market Premium

The Osia Hyper Retail IPO Grey Market Premium price is Rs X, the Kostak rate is Rs X and the Subject to Sauda is X. 


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Osia Hyper Retail IPO News

News 1 – IPO ISSUE OPENS SOON [Download Prospectus]


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