IPO Details

About Company

Osel Devices Limited, formerly known as Innovative Infratech Solutions Private Limited, was established in 2006 and specializes in the manufacturing of LED display systems and hearing aids. The company produces a wide range of LED display systems, including key components for various commercial applications such as advertising media, billboards, corporate boardrooms, presentations, promotional displays, command centers, and signage. These LED systems come equipped with a content management system that allows them to be easily connected to phones or computers for screen display. In addition to LED displays, Osel Devices manufactures hearing aids, designed to assist individuals with disabilities, the elderly, and those with chronic hearing impairments. The company’s primary customer for its hearing aids is the Artificial Limbs Manufacturing Corporation of India. Osel produces both digitally programmable and non-programmable hearing aids. The company’s manufacturing facility in Greater Noida, inaugurated by former Union Minister Shri Pratap Sarangi, has an annual production capacity of 15,000 square feet of LED display systems and 400,000 hearing aids. Key Competitive Strengths: - Established manufacturer of LED display systems and hearing aids with a long-standing market presence. - Broad geographical reach. - Strong quality assurance and control measures for its products. - Long-term, positive relationships with customers. - Cost-efficient production and timely order fulfillment. - Experienced management team. - Brand recognition and a loyal customer base. - Excellent post-sale service and support. As of March 31, 2024, the company had a workforce of 68 employees.