OBSC Perfection IPO
Open SmeCurrent GMP
₹6 (+6.00%)
Price Band
₹ 95 – 100
Lot Size
1200
Issue Size
₹66.02 Cr
Minimum Investment
₹240000 (2400 Shares)
Listing Date
29 October 2024
Subscription
16.63x
About the Company
OBSC Perfection Limited is a precision metal component manufacturer, specializing in high-quality engineered parts across various industries. The company primarily serves original equipment manufacturers (OEMs) in the automotive sector but is expanding into defense, marine, and telecommunication infrastructure sectors. While the automotive industry remains its core focus, the company is actively growing its presence in these new sectors.
OBSC operates from four manufacturing facilities, with three located in Pune, Maharashtra, and one in Chennai, Tamil Nadu, which are key automotive hubs. These locations enable close proximity to their OEM customers, ensuring streamlined logistics and quicker response times. The company manufactures a wide range of precision metal components such as shafts, piston rods, gear shifters, fasteners, and connectors, with a portfolio of 24 products.
The company fulfills customer orders through a combination of confirmed orders and nomination letters, allowing for advanced planning and timely delivery. As of the latest report, OBSC has an order book of ₹2,805.41 lakhs and nomination letters worth ₹35,993.00 lakhs.
With a strong in-house presence in machining, turning, fabrication, and assembly, OBSC can handle a wide range of component complexities. The company continuously invests in advanced CNC machines to enhance precision and production efficiency.
OBSC is part of the Anglian Omega Group, a diversified conglomerate with operations in electric mobility, high-tech auto components, infrastructure, and more. The company's promoters bring extensive experience in steel, auto components, and other industries, driving OBSC's consistent growth and operational success.
Promoters
Promoters of OBSC Perfection
- Mr. Saksham Leekha
- Mr. Ashwani Leekha
- Mr. Sanjeev Verma
- Ms. Rajni Verma
- Ms. Asha Narang
- Mr. Sandeep Narang
- Mr. Richard Blum
- Ms. Adrianne Blum
- Mr. Pascal Blum
- Mr. Simon Blum
- Omega Bright Steel and Components Private Limited
- Omega Bright Steel Private Limited
- ESS U Enterprises Private Limited
- Bluwat Ag.
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
0.00%
Objects of the Issue
The Company proposes to utilize the Net Proceeds from the Issue towards funding the following objects:
- Funding capital expenditure requirements towards purchase of machinery for our existing manufacturing facility (“Unit III”) at No. 126, Mappedu Village, Sriperumbudhur Taluka-Mappedu, Thiruvallur-631402, Tamil Nadu, India. (“Proposed Expansion at Unit III”)
- Funding capital expenditure requirements towards purchase of machinery for our existing manufacturing facility (“Unit IV”) at Gat no. 417, Nighoje, Near Hotel Maha Laxmi and Mess, Nighoje, Chakan, Taluka-Khed, Pune-410501, Maharashtra, India. (“Proposed Expansion at Unit IV”)
- Funding working capital requirements of our Company
- General Corporate Purposes
Address / Contact Info
OBSC Perfection Limited
6F, 6th Floor, M-6, Uppal Plaza,
Jasola District Centre, South
Delhi- 110025, India
Phone: 022-2697 2586
Email: abhishek@obscperfection.com
Website: https://www.obscperfection.com
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Tuesday, 22 October 2024
IPO Close Date
Thursday, 24 October 2024
Basis of Allotment
Friday, 25 October 2024
Initiation of Refunds
Monday, 28 October 2024
Credit of Shares to Demat
Monday, 28 October 2024
Listing Date
Tuesday, 29 October 2024 — NSE & BSE
Important Dates
Open Date
22 October 2024
Close Date
24 October 2024
Basis Of Allotment
25 October 2024
Listing Date
29 October 2024
Financial Performance (₹ in Crores)
| Particular | 31 Aug 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 11066.37 | 8650.59 | 6916.01 | 4847.48 |
| Revenue | 5700.15 | 11611.41 | 9691.03 | 5672.42 |
| Profit After Tax | 603.05 | 1221.21 | 457.39 | 360.11 |
| Net Worth | 0 | 3007.1 | 1785.89 | 1328.47 |
| Reserve & Surplus | 1825.15 | 1222.1 | 595.89 | 138.47 |
| Total Borrowings | 0 | 4147.25 | 3340.48 | 1897.54 |
EPS Pre
3.38%
EPS Post
0.00%
P/E Pre
0.00
P/E (Post Issue)
0.00x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of Aug 31, 2024. |
|---|---|
| ROE % | 16.7 |
| ROCE % | 11.83 |
| Debt / Equity | 1.38 |
| RoNW % | 27.11 |
| PbW | 0 |
| Pat Margin % | 10.67 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Anchor Investors | 1879200 | 28.46 | 0 |
| Market Maker | 333600 | 5.05 | 0 |
| Qualified Institutions | 1255200 | 19.01 | 0 |
| Non-Institutional | 940320 | 14.24 | 0 |
| Retail Investors | 2194080 | 33.23 | 0 |
| Total | 6602400 | 100 | 0 |
Subscription Status ( Thu, 24 Oct 24 12:44 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 1255200 | 12808800 | 10.2x |
| Non-Institutional | 940320 | 24662400 | 26.23x |
| Retail Investors | 2194080 | 35540400 | 16.2x |
| Total | 4389600 | 73011600 | 16.63x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | 120,000.00 |
| Retail (Max) | 1 | 1,200 | 120,000.00 |
| S-HNI (Min) | 2 | 2,400 | 240,000.00 |
Registrar
Bigshare Services Pvt Ltd
91-22-6263 8200
investor@bigshareonline.com
https://www.bigshareonline.com
Book Running Lead Managers
- Unistone Capital Pvt Ltd
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
OBSC Perfection IPO is a Book-building IPO worth ₹66.02 crores. The price band is ₹95 to 100 per share. The IPO opens on Tue, Oct 22, 2024 and closes on Thu, Oct 24, 2024. It will be listed on BSE and NSE. Bigshare Services Pvt Ltd is the registrar.
The OBSC Perfection IPO opens on Tue, Oct 22, 2024 and closes on Thu, Oct 24, 2024
OBSC Perfection IPO Price Band is ₹95 to 100.
OBSC Perfection IPO lot size is 1200, and the minimum amount required for application is ₹240000.
The minimum investment for OBSC Perfection IPO is approximately ₹240000 based on the upper price band.
To apply for the OBSC Perfection IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Thu, Oct 24, 2024. After submission, funds are blocked until the basis of allotment of OBSC Perfection IPO is finalised.
OBSC Perfection IPO issue size is ₹66.02 crores.
OBSC Perfection IPO allotment date is Sat, Jun 27, 2026.
The registrar for OBSC Perfection IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website for IPO allotment status, refund processing, and other queries related to OBSC Perfection IPO through their official website or helpline.
The OBSC Perfection IPO GMP (Grey Market Premium) is ₹6 as of Tue, Oct 29, 2024. Based on the upper price band of ₹100 per share, the estimated OBSC Perfection IPO listing price is ₹106, indicating a potential listing gain of approximately 31% over the issue price.