OBSC Perfection IPO Details
The OBSC Perfection IPO is a book build issue with a total issue size of ₹66.02 cr, comprising of fresh issue of 6602400 equity shares. OBSC Perfection IPO opened for subscription on Oct 22, 2024 and closed on Oct 24, 2024. OBSC Perfection IPO is set price band at ₹95 to ₹100 per share, with a lot size of 1200 shares. Minimum investment for Retail investors was ₹240,000.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Oct 25, 2024, and listed on the NSE on Oct 29, 2024.
Bigshare Services Pvt Ltd has been appointed as the registrar. Unistone Capital Pvt Ltd are the Book Running Lead Manager for the issue.
Before investing in the OBSC Perfection IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 95 – 100
- Lot Size
- 1200
- Issue Size
- ₹66.02 Cr
- Minimum Investment
- ₹240000 (2400 Shares)
- Listing Date
- 29 October 2024
Current GMP
₹6 (+6.00%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About OBSC Perfection Limited
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.
OBSC Perfection IPO 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%
OBSC Perfection IPO Objective
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
Book Running Lead Managers
- Unistone Capital Pvt Ltd
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 with a total issue size of ₹66.02 crore. The OBSC Perfection IPO price band is ₹95 to 100 per share. The OBSC Perfection IPO subscription opens on Tue, Oct 22, 2024, and closes on Thu, Oct 24, 2024. The OBSC Perfection IPO will be listed on the NSE. Bigshare Services Pvt Ltd is the registrar for the OBSC Perfection IPO.
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 per share.
OBSC Perfection IPO lot size is 1200 shares, Retail investors need a minimum investment of ₹240000 based on the upper price band
The minimum investment for OBSC Perfection IPO is ₹240000, based on one lot of 1200 shares at the upper price band of ₹100 per share.
Investors can apply for the OBSC Perfection IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Thu, Oct 24, 2024. The application amount remains blocked until the OBSC Perfection IPO allotment is finalized.
OBSC Perfection IPO issue size is ₹66.02 crores.
OBSC Perfection IPO allotment date is Wed, Jul 1, 2026.
The registrar for OBSC Perfection IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website to check OBSC Perfection IPO allotment status, refund processing, and other IPO-related information.
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 0% over the issue price.