Online Instruments India, one of the leading audiovisual systems integration solutions providers, has submitted its DRHP with the market regulator SEBI to raise funds via an Initial Public Offering (IPO).
According to the draft papers, the firm is planning to raise ₹750 crore via a fresh issue and up to 57.10 lakh equity shares via the offer-for-sale component.
Under the OFS component, promoters Anita Mahesh Bellad and Rajeshwari Shivanand Mahashetti will be selling their stake in the IPO.
Object to the Issue
The firm is planning to use the proceeds raised from the fresh issue towards:
- Repayment or prepayment of existing borrowings taken by the company
- Funding working capital requirements
- Supporting inorganic growth through unidentified acquisitions
- Meeting general corporate purposes
As per the prospectus, by listing on the stock exchanges, the firm is looking to enhance its brand visibility and image, with several other benefits to grow its business.
The book-running lead manager of the issue is Motilal Oswal Investment Advisors Ltd and Equirus Capital Ltd. While the registrar to the issue is MUFG Intime India Pvt Ltd.
About Online Instruments India
Online Instruments India is one of the leading audiovisual systems integration (“AVSI”) solutions providers in India. The firm is involved in offering AV, communications, and collaboration solutions for businesses, offices, and large institutions. The company has over 20 years of experience in offering AV solutions for smart conference rooms, large auditoriums, network operating command centres, and customer experience centres.
Financially, as of December 2025, the firm has generated a revenue of ₹466.167 crore from operations, with an EBITDA of ₹33.386 crore in the same year.
The Equity shares of the IPO are proposed to be listed on NSE and BSE Limited. For more such IPO updates and queries, follow IPO Watch.
Online Instruments IPO Prospectus:
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | To be Updated Soon |
Online Instruments Company Financial Report
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax |
| 2023 | ₹337.97 | ₹317.61 | ₹15.52 |
| 2024 | ₹380.30 | ₹349.84 | ₹23.06 |
| 2025 | ₹550.04 | ₹501.42 | ₹35.33 |
| Dec 2025 | ₹468.75 | ₹448.82 | ₹14.58 |
Online Instruments IPO Valuation – FY2025
Online Instruments IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹4.76 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 24.43% |
| Net Asset Value (NAV): | ₹19.47 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Black Box Limited | 12.16 | 52.88 | 26.99 | 44.80 | 5,966.91 Cr. |
| Orient Technologies Limited | 12.85 | 21.28 | 15.30 | 83.97 | 839.53 Cr. |
| Dixon Technologies (India) Limited | 205.70 | 55.17 | 36.39 | 570.20 | 38,860.10 Cr. |
| LG Electronics India Limited | 32.46 | 48.98 | 36.91 | 87.96 | 24,366.64 Cr. |
