Online Instruments (India) Ltd has filed draft papers with the Securities and Exchange Board of India to raise funds through an Initial Public Offering. The IPO will consist of a fresh issue worth ₹750 crore along with an Offer for Sale by promoters.
The Bengaluru-based firm operates in the audiovisual systems integration space and has a presence in domestic and overseas markets. The issue structure also allows flexibility through a possible pre-IPO placement.
The proposed public issue includes a fresh equity issue aggregating ₹750 crore. In addition, promoters Anita Mahesh Bellad and Rajeshwari Shivanand Mahashetti will sell up to 57.10 lakh equity shares through the Offer for Sale component.
The company may also undertake a pre-IPO placement of up to ₹150 crore before the issue opens. If completed, the fresh issue size will be reduced by the amount raised through such placement.
According to the draft prospectus, ₹160 crore from the fresh issue proceeds will be used to repay or prepay certain borrowings. Around ₹330 crore has been earmarked for funding working capital requirements of the business.
A portion of the funds will also be allocated towards supporting inorganic growth through unidentified acquisitions. Remaining proceeds will be used for general corporate purposes to meet operational needs.
Incorporated in 2006, Online Instruments provides audiovisual systems integration solutions across multiple use cases. These include unified communications and collaboration platforms, smart conference rooms, auditoriums and command centres.
The company also manufactures Interactive Flat Panel Displays, LED display products and audiovisual accessories under the LOGIC brand. Additionally, it produces white-labelled displays for OEMs and lighting products under the Orange Plus brand.
Online Instruments operates 3 manufacturing facilities located in Bengaluru. The company has executed projects in overseas markets including Singapore, Malaysia, Taiwan, the Philippines, the United Arab Emirates, the United States, Mexico and France.
As of December 31, 2025, it had completed AVSI projects for 745 customers in India. Its customer base spans multiple sectors such as enterprise, healthcare, banking, education, manufacturing, retail and airports.
Want to track these market movements in Hindi? Visit Angel One News for daily updates and comprehensive share market news in Hindi.
The filing of draft papers marks an important milestone in Online Instruments’ growth plans. The IPO seeks to strengthen the company’s balance sheet and support expansion through working capital funding and potential acquisitions.
Financially, revenue from operations rose to ₹547.4 crore in FY25 from ₹335.9 crore in FY23, while net profit increased to ₹35.3 crore from ₹15.5 crore. Equirus Capital and Motilal Investment Advisors have been appointed as book-running lead managers for the proposed issue.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: May 11, 2026, 1:51 PM IST
Akshay Shivalkar
Akshay Shivalkar is a financial content specialist who strategises and creates SEO-optimised content on the stock market, mutual funds, and other investment products. With experience in fintech and mutual funds, he simplifies complex financial concepts to help investors make informed decisions through his writing.
Know MoreWe're Live on WhatsApp! Join our channel for market insights & updates
Get the link to download the App
