Online Instruments (India) Ltd. IPO Details

Online Instruments (India) was incorporated on February 20, 2006. The company is a well-established provider of audiovisual systems integration solutions, delivering end-to-end AV solutions for conference rooms, auditoriums, command centres, and collaboration environments. It also manufactures interactive displays, LED products, audiovisual accessories, commercial lighting solutions, and provides electronics manufacturing services for OEMs

Bidding Dates
To Be Announced
Minimum InvestmentMinimum LotMaximum LotLot SizeNumber of SharesIssue Price BandPost Issue Promoter Holding %Issue SizeIPO Document
----5.7 M--₹7,500.0 MDRHP DOC

Online Instruments issue details

Online Instruments has 5.7 M shares on offer

Online Instruments IPO issue size is ₹ 7,500.0 M

DayRetail Individual InvestorHNI (NII) InvestorsQualified Institutional Buyers
Category Reservation35%15%50%

Online Instruments IMPORTANT IPO DATES

Issue Open Date-
Issue close Date-
Allotment Date-
Refund Date-
Demat Account Credit Date-
Listing Date-
Listing on Exchange(s)NSE and BSE

Online Instruments NUMBER OF SHARES ON OFFER

Total5.7 M
Fresh Issue0
Offer for Sale5.7 M
Post Issue Promoter Holding %

Online Instruments FINANCIALS

Period Revenue from Operations (Rs in crore) Net Profit (Rs in crore) Cash Flow from Operations (Rs in crore) Free Cash Flow (Rs in crore) Margins
9MFY26 783.6 34.4 13.4 -8.3 8.4%
FY25 862.6 42.7 69.6 29.9 8.6%
FY24 596.6 9.4 39.9 39.1 4.3%
FY23 622.7 18.1 -56.6 -62.0 4.6%

Online Instruments INFORMATION ON IPO ISSUE

About Online Instruments

Online Instruments (India) was incorporated on February 20, 2006. The company is a well-established provider of audiovisual systems integration solutions, delivering end-to-end AV solutions for conference rooms, auditoriums, command centres, and collaboration environments. It also manufactures interactive displays, LED products, audiovisual accessories, commercial lighting solutions, and provides electronics manufacturing services for OEMs

Object of the Issue

  • Repayment or prepayment, in full or in part, of certain outstanding borrowings availed by the company
  • Funding the working capital requirements of the company
  • Funding inorganic growth through unidentified acquisitions and general corporate purposes

Online Instruments - PROMOTERS

Name
Shivanand Mallappa Mahashetti
Mahesh Basalingappa Bellad
Anita Mahesh Bellad
Rajeshwari Shivanand Mahashetti

Online Instruments - MANAGEMENT & LEADERSHIP

NameDesignation
Shivanand Mallappa MahashettiManaging Director
Mahesh Basalingappa BelladChairperson & Whole-time Director
Manoj Kumar ChoudhuryWhole-time Director
Ranga K SIndependent Director
Sujitha KarnadIndependent Director
Vijendra Babu NagarajIndependent Director
Balaji Hari SinghIndependent Director

Online Instruments Book Running Lead Manager

Equirus Capital Limited

oiil.ipo@equirus.com

Motilal Oswal Investment Advisors Limited

oiil.ipo@motilaloswal.com

Online Instruments Registrar to the Offer

MUFG Intime India Private limited

onlineinstruments.ipo@in.mpms.mufg.com

Online Instruments Strengths

Technologically advanced manufacturing facility

The company operates a CKD manufacturing facility for interactive flat panel displays (IFPDs), enabling localized assembly, enhanced quality control, and support for the “Make in India” initiative. Equipped with advanced features such as clean rooms, automation, solar power, and temperature-controlled storage, the facility helps ensure efficient production and consistent product quality

Strength

Vendor relationship

The company has built long-standing relationships with key vendors, supporting efficient project execution, timely delivery, and fulfillment of technical requirements. Its diversified supplier network, including alternative vendors across multiple countries, helps reduce supply chain risks and ensures continuity of operations

Strength

Global presence

The company has delivered audiovisual solutions and products across multiple international markets, including Asia, the Middle East, North America, and Europe. Its global execution experience demonstrates the ability to meet international standards, support diverse customer requirements, and strengthen its reputation as a trusted solutions provider

Strength

Online Instruments Risks

Inventory obsolescence & demand risk

The company faces inventory risk as it procures and manufactures electronic products based on demand forecasts without guaranteed sales commitments. Rapid technological changes and evolving customer preferences may lead to excess inventory, product obsolescence, and inventory write-downs, adversely affecting profitability and cash flows

Risk

Technology & innovation risk

The company operates in rapidly evolving technology-driven markets, where continuous innovation and adaptation to changing customer needs and industry standards are essential. Failure to keep pace with technological advancements could reduce competitiveness, increase upgrade costs, and lead to inventory obsolescence, adversely affecting business performance and profitability

Risk

Competition

The company operates in a highly competitive and rapidly evolving market, facing competition from established players, new entrants, and direct sales initiatives by OEMs. Failure to compete effectively on technology, pricing, service quality, innovation, or talent retention could adversely affect its market position, revenue, and profitability

Risk

IPO FAQs

  • The promoters of the company are Shivanand Mallappa Mahashetti, Mahesh Basalingappa Bellad, Anita Mahesh Bellad and Rajeshwari Shivanand Mahashetti.
  • The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.