- Category
- Medium (2024-25)
- Udyam number
- UDYAM-DL-11-0007295

About Osel Devices Limited
Data last updated:
Osel Devices Limited is a public limited company based in New Delhi, Delhi, India. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 14 August 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN L72200DL2006PLC152027. Its GSTIN is 07AABCI5511N1ZI (Delhi). The company holds 3 GST registrations, all of them active. It is a listed company as per MCA records. Its shares are listed on NSE: OSELDEVICE.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹17.79 Cr. It was formerly known as Innovative Infratech Solutions Private Limited and Innovative Infratech Soultions Private Limited. It is led by directors including Rajendra Ravi Shankar Mishra (Managing Director) and Jyotsna Jawahar (Whole-Time Director).
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 1209 & 1210 12th Floor B Block, Naurang House K.G. Marg Connaught Place Central Delhi New Delhi, Delhi, India – 110001.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹292.67 Cr, a growth of 57% compared to the previous year. For the same year it recorded a net profit of ₹29.2 Cr (net margin 10%) and EBITDA of ₹53.33 Cr (EBITDA margin 18.2%). The net worth stands at ₹204.06 Cr (up 89% YoY). Total assets are valued at ₹304.55 Cr (up 93.3% YoY).
The company is associated with 2 brands: Innovative Infratech Solutions and Osel Devices. As per MCA filings, the company has open charges of ₹221.61 Cr and satisfied charges of ₹55.61 Cr on record. Court records list 6 cases involving the company, including 1 filed by the company and 5 filed against it. The company has 7 deals on record (3 rights issues, 2 funding rounds, 1 ipo), with disclosed funding of ₹55.32 Cr; the latest was in September 2025.
Osel Devices Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-11-0007295). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website oseldevices.com.
Company details
Name history
Osel Devices has undergone 2 name changes throughout its history. The company was previously known as Innovative Infratech Solutions Private Limited, and Innovative Infratech Soultions Private Limited. The current legal name is Osel Devices Limited.
| Company Name | Status |
|---|---|
| Osel Devices Limited | Current |
| Innovative Infratech Solutions Private Limited | Previous |
| Innovative Infratech Soultions Private Limited | Previous |
CIN history
Osel Devices has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L72200DL2006PLC152027, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L72200DL2006PLC152027 | Current |
| U72200DL2006PLC152027 | Previous |
| U72200DL2006PTC152027 | Previous |
Recognitions & Rankings of Osel Devices
Contact details
Osel Devices Limited's registered office is in New Delhi, Delhi.
- Social Media
- Registered Address1209 & 1210 12th Floor B Block, Naurang House K.G. Marg Connaught Place Central Delhi New Delhi, Delhi, India – 110001
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Osel Devices operates two associated brands: Innovative Infratech Solutions and Osel Devices. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers electronics manufacturing and distribution in fintech, digital signage, and healthcare. | infratech.in | |
| Manufacturer of hearing aids and digital displays | oseldevices.com |
Business activity
The main business activity of Osel Devices is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Osel Devices Limited, buy the company report.
Financials of Osel Devices Limited
FY 2025-26 filings availableOsel Devices Limited reported revenue of ₹292.67 Cr (up 57% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 |
|---|---|---|
| Income statement | ||
| Revenue | 293 | 186 |
| Revenue growth | +57.0% | - |
| EBITDA | 53.33 | 33.40 |
| EBITDA margin | +18.2% | +17.9% |
| Profit before tax | 44.22 | 28.96 |
| Net profit | 29.20 | 20.05 |
| Net profit margin | +10.0% | +10.8% |
| EPS (₹) | 16.51 | 12.43 |
| Balance sheet | ||
| Total assets | 305 | 158 |
| Net worth | 204 | 108 |
| Total debt | 94.04 | 49.58 |
| Cash & bank | 1.64 | 8.75 |
| Net working capital | 184 | 128 |
| Cash flow | ||
| Cash from operations | (22.72) | (68.65) |
| Cash from investing | (91.24) | (10.58) |
| Cash from financing | 107 | 83.21 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| Revenue | 293 | 186 | 132 | 81.89 | 65.25 | 57.44 |
| Revenue growth | +57.0% | +41.0% | +61.5% | +25.5% | +13.6% | - |
| EBITDA | 53.36 | 33.40 | 22.43 | 8.63 | 4.37 | 2.77 |
| EBITDA margin | +18.2% | +17.9% | +17.0% | +10.5% | +6.7% | +4.8% |
| Profit before tax | 44.26 | 28.95 | 18.55 | 6.96 | 3.00 | 2.00 |
| Net profit | 29.24 | 20.04 | 12.69 | 4.65 | 2.14 | 1.34 |
| Net profit margin | +10.0% | +10.8% | +9.6% | +5.7% | +3.3% | +2.3% |
| EPS (₹) | 11.56 | 12.43 | 10.99 | 25.04 | 11.41 | 9.99 |
| Balance sheet | ||||||
| Total assets | 285 | 158 | 50.79 | 30.11 | 16.26 | 14.86 |
| Net worth | 191 | 108 | 25.34 | 12.29 | 7.63 | 5.01 |
| Total debt | 94.04 | 49.58 | 25.46 | 17.82 | 8.63 | 9.85 |
| Cash & bank | 1.41 | 8.75 | 1.33 | 1.02 | 5.31 | 4.54 |
| Net working capital | 181 | 128 | 32.44 | 23.95 | 11.16 | 9.39 |
| Cash flow | ||||||
| Cash from operations | (19.81) | (68.65) | 12.90 | (10.68) | 2.57 | (3.33) |
| Cash from investing | (76.22) | (10.58) | (12.82) | (1.66) | 0.03 | 0.20 |
| Cash from financing | 88.69 | 83.21 | 3.66 | 8.06 | (1.82) | 5.02 |
Financial Statements
| Particulars | FY 2025-26 | FY 2024-25 |
|---|---|---|
| Revenue | 293 | 186 |
| Revenue growth | +57.0% | - |
| Other income | 1.90 | 0.13 |
| Total expenses | 239 | 153 |
| Employee cost | 3.63 | 4.24 |
| EBITDA | 53.33 | 33.40 |
| EBITDA margin | +18.2% | +17.9% |
| Depreciation | 1.26 | 1.10 |
| Interest | 9.75 | 3.47 |
| Profit before tax | 44.22 | 28.96 |
| Tax | 15.02 | 8.91 |
| Net profit | 29.20 | 20.05 |
| Net profit margin | +10.0% | +10.8% |
| EPS (₹) | 16.51 | 12.43 |
| Particulars | FY 2025-26 | FY 2024-25 |
|---|---|---|
| Equity & liabilities | ||
| Share capital | 17.69 | 16.13 |
| Reserves & surplus | 182 | 91.82 |
| Shareholders' funds (net worth) | 204 | 108 |
| Minority interest | 5.24 | 0.00 |
| Secured loans | 94.04 | 49.58 |
| Unsecured loans | 0.00 | 0.00 |
| Total debt | 94.04 | 49.58 |
| Total liabilities | 305 | 158 |
| Assets | ||
| Gross block | 33.17 | 21.79 |
| Net block | 27.56 | 17.44 |
| Capital work in progress | 1.64 | 0.00 |
| Investments | 64.00 | 0.00 |
| Inventories | 57.96 | 40.77 |
| Sundry debtors | 107 | 65.62 |
| Cash & bank balances | 1.64 | 8.75 |
| Loans & advances | 68.19 | 51.96 |
| Total current assets | 235 | 167 |
| Total current liabilities | 51.11 | 39.44 |
| Net working capital | 184 | 128 |
| Total assets | 305 | 158 |
| Particulars | FY 2025-26 | FY 2024-25 |
|---|---|---|
| Opening cash | 8.75 | 4.77 |
| Net cash from operating activities | (22.72) | (68.65) |
| Net cash from investing activities | (91.24) | (10.58) |
| Net cash from financing activities | 107 | 83.21 |
| Net change in cash | (7.11) | 3.97 |
| Closing cash | 1.64 | 8.75 |
| Particulars | FY 2025-26 | FY 2024-25 |
|---|---|---|
| Growth | ||
| Sales growth | +57.0% | - |
| EBITDA growth | +59.7% | - |
| PBT growth | +52.7% | +9997.0% |
| Net income growth | +45.6% | - |
| Profitability & leverage | ||
| Net income margin | +10.0% | +10.8% |
| Return on capital employed | +23.6% | +20.6% |
| Return on net worth | +18.7% | +18.6% |
| Debt / equity | 0.46 | 0.46 |
| Long-term debt / equity | 0.01 | 0.02 |
| Interest cover | 18.72 | 10.74 |
| Efficiency & per share | ||
| Fixed asset turnover | 10.65 | 8.56 |
| Inventory turnover | 5.93 | 4.57 |
| Debtors turnover | 3.39 | 2.84 |
| EPS (₹) | 16.51 | 12.43 |
| Dividend per share (₹) | 0.00 | 0.00 |
| Book value per share (₹) | 113.01 | 66.93 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Revenue | 293 | 186 | 132 | 81.89 | 65.25 | 57.44 |
| Revenue growth | +57.0% | +41.0% | +61.5% | +25.5% | +13.6% | - |
| Other income | 1.90 | 0.13 | 0.45 | 0.07 | 0.31 | 0.24 |
| Total expenses | 239 | 153 | 110 | 73.26 | 60.88 | 54.67 |
| Employee cost | 0.00 | 4.21 | 3.75 | 1.71 | 0.70 | 1.48 |
| EBITDA | 53.36 | 33.40 | 22.43 | 8.63 | 4.37 | 2.77 |
| EBITDA margin | +18.2% | +17.9% | +17.0% | +10.5% | +6.7% | +4.8% |
| Depreciation | 1.25 | 1.10 | 0.95 | 0.58 | 0.56 | 0.51 |
| Interest | 9.75 | 3.48 | 3.38 | 1.16 | 1.12 | 0.50 |
| Profit before tax | 44.26 | 28.95 | 18.55 | 6.96 | 3.00 | 2.00 |
| Tax | 15.02 | 8.91 | 5.86 | 2.31 | 0.86 | 0.66 |
| Net profit | 29.24 | 20.04 | 12.69 | 4.65 | 2.14 | 1.34 |
| Net profit margin | +10.0% | +10.8% | +9.6% | +5.7% | +3.3% | +2.3% |
| EPS (₹) | 11.56 | 12.43 | 10.99 | 25.04 | 11.41 | 9.99 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Equity & liabilities | ||||||
| Share capital | 17.69 | 16.13 | 11.54 | 1.86 | 1.86 | 1.36 |
| Reserves & surplus | 169 | 91.82 | 13.80 | 10.43 | 5.77 | 3.65 |
| Shareholders' funds (net worth) | 191 | 108 | 25.34 | 12.29 | 7.63 | 5.01 |
| Secured loans | 1.63 | 2.26 | 25.37 | 15.80 | 8.63 | 9.85 |
| Unsecured loans | 92.41 | 47.32 | 0.09 | 2.02 | 0.00 | 0.00 |
| Total debt | 94.04 | 49.58 | 25.46 | 17.82 | 8.63 | 9.85 |
| Total liabilities | 285 | 158 | 50.79 | 30.11 | 16.26 | 14.86 |
| Assets | ||||||
| Gross block | 33.17 | 21.79 | 21.64 | 8.82 | 7.11 | 6.87 |
| Net block | 27.56 | 17.44 | 18.38 | 6.52 | 5.39 | 5.71 |
| Capital work in progress | 1.64 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 47.78 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 57.96 | 40.77 | 25.40 | 18.15 | 10.27 | 3.95 |
| Sundry debtors | 107 | 65.62 | 26.55 | 12.83 | 11.30 | 7.02 |
| Cash & bank balances | 1.41 | 8.75 | 1.33 | 1.02 | 5.31 | 4.54 |
| Loans & advances | 65.29 | 51.96 | 26.44 | 10.49 | 0.85 | 1.35 |
| Total current assets | 232 | 167 | 79.72 | 42.49 | 27.73 | 16.86 |
| Total current liabilities | 51.09 | 39.45 | 47.28 | 18.54 | 16.57 | 7.47 |
| Net working capital | 181 | 128 | 32.44 | 23.95 | 11.16 | 9.39 |
| Total assets | 285 | 158 | 50.79 | 30.11 | 16.26 | 14.86 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Opening cash | 8.75 | 4.77 | 1.02 | 5.31 | 4.54 | 2.65 |
| Net cash from operating activities | (19.81) | (68.65) | 12.90 | (10.68) | 2.57 | (3.33) |
| Net cash from investing activities | (76.22) | (10.58) | (12.82) | (1.66) | 0.03 | 0.20 |
| Net cash from financing activities | 88.69 | 83.21 | 3.66 | 8.06 | (1.82) | 5.02 |
| Net change in cash | (7.34) | 3.97 | 3.75 | (4.29) | 0.77 | 1.89 |
| Closing cash | 1.41 | 8.75 | 1.33 | 1.02 | 5.31 | 4.54 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Growth | ||||||
| Sales growth | +57.0% | +41.0% | +61.5% | +25.5% | +13.6% | - |
| EBITDA growth | +59.8% | +48.9% | +159.9% | +97.5% | +57.8% | - |
| PBT growth | +52.9% | +56.1% | +166.5% | +132.0% | +50.0% | +9997.0% |
| Net income growth | +45.9% | +57.9% | +172.9% | +117.3% | +59.7% | - |
| Revenue CAGR (3Y) | +52.9% | +41.9% | +32.0% | - | - | - |
| EBITDA CAGR (3Y) | +83.5% | +97.0% | +100.8% | - | - | - |
| Profitability & leverage | ||||||
| Net income margin | +10.0% | +10.8% | +9.6% | +5.7% | +3.3% | +2.3% |
| Return on capital employed | - | +31.1% | +54.2% | +35.1% | +26.4% | +17.0% |
| Return on net worth | - | +30.1% | +67.4% | +46.8% | +33.5% | +27.2% |
| Debt / equity | - | 0.56 | 1.15 | 1.33 | 1.46 | 1.97 |
| Long-term debt / equity | - | 0.07 | 0.23 | 0.12 | 0.36 | 0.61 |
| Interest cover | 18.71 | 10.77 | 15.74 | 14.41 | 29.40 | 22.12 |
| Efficiency & per share | ||||||
| Fixed asset turnover | - | 8.59 | 8.68 | 10.28 | 9.33 | 8.36 |
| Inventory turnover | - | 5.64 | 6.07 | 5.76 | 9.18 | 14.54 |
| Debtors turnover | - | 4.05 | 6.72 | 6.79 | 7.12 | 8.18 |
| EPS (₹) | 11.56 | 12.43 | 10.99 | 25.04 | 11.41 | 9.99 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 66.93 | 21.96 | 66.04 | 41.00 | 36.79 |
To see the full year-wise statements and ratios of Osel Devices Limited, buy the company report.
Board of directors of Osel Devices Limited
Osel Devices has 6 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jyotsna Jawahar Also directs: Osel Industrial Park Private Limited, Guardian Technologies Private Limited, Kohinoor Footwear Private Limited and 1 more | Whole-Time Director | 10 May 2019 | 7 Years 5 Months | Current |
| Rajendra Ravi Shankar Mishra | Managing Director | 14 Aug 2006 | 20 Years 2 Months | Current |
| Hitu Gambhir Mahajan | Director | 16 Jan 2024 | 2 Years 9 Months | Current |
| Sreerama Murthy Garuda Also directs: Avtar Steel Limited, Espj Moksha Private Limited, Kehar Foods International India Private Limited and 1 more | Director | 16 Jan 2024 | 2 Years 9 Months | Current |
| Mukesh Kumar Sinha Also directs: Proxima Leasing Private Limited, Osel Foundation, DPLR AI Digital Solutions Private Limited and 2 more | Whole-Time Director | 01 Dec 2023 | 2 Years 11 Months | Current |
| Dhwani Fatehpuria | Additional Director | 24 Feb 2026 | 0 Years 8 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 May 2026 | 101303286 | Indian Bank | ₹8.72 Cr | Open | |
| 07 May 2026 | 101289652 | Indian Bank | ₹11.5 Cr | Open | |
| 30 Apr 2026 | 101291878 | Others | ₹35.3 Cr | Open | |
| 28 Aug 2025 | 101149721 | Axis Bank Limited | ₹60 Cr | Open | |
| 03 Dec 2024 | 101053534 | Hdfc Bank Limited | ₹50.8 Cr | Open |
To see the full charge records of Osel Devices Limited, buy the company report.
Total charge records: 18 View all charges
Deals & funding
Osel Devices Limited has 7 deals on record (3 rights issues, 2 funding rounds, 1 ipo), with disclosed funding of ₹55.32 Cr; the latest was in September 2025.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2025 | Funding round | ₹53.22 Cr | Investors: Mahadev Krupa Investments, Uphar Homfin Private Limited , 2 individuals |
| Sep 2024 | IPO | ₹70.66 Cr | Investors: IPO Shareholders - Osel Devices Limited, Invicta Continuum Fund I, Acintyo Investment Fund PCC - Cell 1 |
| Jun 2024 | Funding round | ₹2.1 Cr | Investors: Giriraj Stock Broking Private Limited , Ashok Kumar Chokhani HUF, Neptune Leisure and Holding Private Limited, an individual |
| Jan 2022 | Rights issue | ₹50 Lakh | Investors: an individual |
| Jun 2020 | Rights issue | ₹39.1 Lakh | Investors: an individual |
To see the full deal history of Osel Devices Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Osel Devices Limited has 6 court cases on record: 1 filed by Osel Devices, 5 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 0 |
| High courts | 2 | 1 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (CS(OS)) | Filed against the company by V.J Infonet Pvt Ltd | Disposed |
| District court, South, Delhi | Criminal case | Filed against the company by Progressive Infotech Pvt Ltd | Disposed |
| District court, South East, Delhi | Criminal case | Filed against the company by Bar Code India Ltd | Disposed |
| District court, South East, Delhi | Civil suit | Filed against the company by an individual | Disposed |
| High Court | Writ petition | Filed by the company against an individual | Disposed |
To see the full case history of Osel Devices Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Osel Devices Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Osel Devices has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCI5511N1ZI | Delhi | Active | 01 Jul 2017 |
| 29AABCI5511N1ZC | Karnataka | Active | 25 Jan 2019 |
| 09AABCI5511N1ZE | Uttar Pradesh | Active | 24 May 2019 |
To see the full GST registrations and return filing status of Osel Devices Limited, buy the company report.
Recent activity
Osel Devices Limited has 14 board changes on record since 2006: 7 appointments and 7 cessations. The latest: Dhwani Fatehpuria was appointed as Additional Director on 24 Feb 2026.
36 earlier events are in the company report.
Frequently asked questions
Osel Devices is an active public limited company based in New Delhi, Delhi, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 14 August 2006 (20+ years old) and is registered under CIN L72200DL2006PLC152027. Listed on NSE: OSELDEVICE.
Osel Devices reported revenue of ₹292.67 Cr for FY 2025-26 (up 57% YoY) based on consolidated financials.
Osel Devices has 6 current directors:
- Rajendra Ravi Shankar Mishra - Managing Director
- Jyotsna Jawahar - Whole-Time Director
- Mukesh Kumar Sinha - Whole-Time Director
- Hitu Gambhir Mahajan - Director
- Sreerama Murthy Garuda - Director
- Dhwani Fatehpuria - Additional Director
The latest financial statements of Osel Devices on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 24 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Osel Devices is 07AABCI5511N1ZI, registered in Delhi. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 29AABCI5511N1ZC (Karnataka), 09AABCI5511N1ZE (Uttar Pradesh).
The CIN (Corporate Identification Number) of Osel Devices is L72200DL2006PLC152027. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Osel Devices is a listed company as per MCA records. Its shares are listed on NSE (symbol: OSELDEVICE).
Osel Devices has 6 court cases on record: 1 filed by the company and 5 filed against it. Most are in the district courts.
Osel Devices was incorporated on 14 August 2006, making it 20+ years old. It is registered with the Registrar of Companies, Delhi.
Osel Devices has 7 deals on record (3 rights issues, 2 funding rounds, 1 ipo), with disclosed funding of ₹55.32 Cr; the latest was in September 2025.

