Osel Devices Ltd. IPO

Osel is driven by a passion for innovation and a commitment to excellence. As a one of the leading provider of cuttingedge technology solutions, Osel specializes in creating transformative products that empower individuals, businesses, and communities to thrive in a rapidly evolving digital ... world. Our Company manufactures a comprehensive range of LED display systems and the latest hearing aids, including all major components, at our ultra-modern plant. Ösel’s state-of-theart manufacturing plant in Greater Noida was inaugurated by Ex-Union Minister Shri Pratap Sarangi. We manufacture comprehensive range of LED display systems. We are equipped with software and hardware capabilities. Our LED display systems are enabled with content management system which allows it to connect to phone or computer and display on screen. Equipped with the latest technology and adhering to rigorous quality control standards, we produce a wide range of high-performance components and systems. This vertical integration ensures consistency and excellence in every product we deliver. The LED display systems manufactured by us have been used by corporate for commercial usage such as advertising media, billboards, corporate meeting rooms, presentations, display promotions, command control centre and front sign boards. We also manufacture latest hearing aids commonly known as assisted healthcare devices. Our hearing aids are designed to support individuals with disabilities, elderly person and chronic patients, who are having low hearing level, in performing everyday activities more effectively to enhance quality of life. Our major customer for hearing aid is Artificial Limbs Manufacturing Corporation of India. We manufacture Digital Programable and Non-Programmable Hearing Aids. Our Company has manufacturing and assembling setup in Greater Nodia at Signature Tower, 1st Floor Plot No 3, Sector Knowledge Park-III, Sector 34, Gautam Buddha Nagar, Noida – 201 307, Uttar Pradesh, India. We use the latest equipments installed to design, manufacture and assemble our LED display systems from raw materials processing, preparation of sub-assembling, component fitment, testing, inspection and quality control. Similarly, we use the latest machineries installed to design, manufacture and assemble our hearing aids from raw materials processing, printed circuit board assembling (PCB), testing, programming, sub-assembling and soldering, final device assembling and quality control. Read more

More than three years after the global economy suffered the largest shock of the past 75 years, the wounds are still healing, amid widening growth divergences across regions. After a strong initial rebound from the depths of the COVID-19 pandemic, the pace of recovery has moderated. Several ... forces are holding back the recovery. Some reflect the long-term consequences of the pandemic, Russia’s war in Ukraine, and increasing geoeconomic fragmentation. Others are more cyclical, including the effects of monetary policy tightening necessary to reduce inflation, withdrawal of fiscal support amid high debt, and extreme weather events. Despite signs of economic resilience earlier this year and progress in reducing headline inflation, economic activity is still generally falling short of pre-pandemic (January 2020) projections, especially in emerging market and developing economies. Read more