OBSC Perfection IPO
GMP, Subscription, Price, Dates & Financial Details
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…
Open Date
Tue, 22 Oct 2024
Close Date
Thu, 24 Oct 2024
Price Band
₹ 95 – 100
Lot Size
1200
Issue Size
₹ 66.02 Cr
Minimum Investment
₹ 240,000 (2400 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
OBSC Perfection IPO has successfully completed its IPO process and is now listed on NSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹66.02 Crore, comprising a fresh issue of 66.02 Lakh equity shares aggregating to ₹66.02 Crore.
The OBSC Perfection IPO remained open for subscription from October 22, 2024, to October 24, 2024. The basis of allotment was finalized on October 25, 2024, and the company's shares were listed on NSE SME Platform on October 29, 2024.
The company had fixed the price band at ₹95 to ₹100 per share, with a lot size of 1200 shares. Retail investors were required to make a minimum investment of ₹240,000 (based on the upper price band) to apply for one lot.
Bigshare Services Pvt Ltd served as the registrar to the issue. Unistone Capital Pvt Ltd acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, OBSC Perfection Limited is now a publicly listed company on NSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
OBSC Perfection IPO Timeline (Tentative)
- IPO Open Date
- Tue, 22 Oct 24
- IPO Close Date
- Thu, 24 Oct 24
- Basis of Allotment
- Fri, 25 Oct 24
- Initiation of Refunds
- Mon, 28 Oct 24
- Credit of Shares to Demat
- Mon, 28 Oct 24
- Listing Date
- Tue, 29 Oct 24 — NSE & BSE
Open Date
22 October 2024
Close Date
24 October 2024
Basis Of Allotment
25 October 2024
Listing Date
29 October 2024
IPO Subscription
Check Live Subscription →The OBSC Perfection IPO has received bids for 7,30,11,600 shares against 43,89,600 shares offered, resulting in an overall subscription of 16.63x. the NII category is subscribed 26.23x, Retail Investors 16.2x, and QIBs 10.2x.
QIB
10.2x
NII
26.23x
RII
16.2x
Total
16.63x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 21,94,080 shares, representing 33.23% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 12,55,200 shares (19.01%), while Non-Institutional Investors (NIIs) receive 9,40,320 shares (14.24%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Anchor Investors | 1,879,200 | 28.46% |
| Market Maker | 333,600 | 5.05% |
| Qualified Institutions | 1,255,200 | 19.01% |
| Non-Institutional | 940,320 | 14.24% |
| Retail Investors | 2,194,080 | 33.23% |
| Total | 6,602,400 | 100% |
Financials Details(₹ 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 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
OBSC Perfection Limited KPI Information
| Particular | KPI as of Aug 31, 2024. |
|---|---|
| ROE % | 16.7 |
| ROCE % | 11.83 |
| Debt / Equity | 1.38 |
| RoNW % | 27.11 |
| Pat Margin % | 10.67 |
Peers Comparison
No Peer Comparision Available
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
OBSC Perfection Limited Address / Contact Details
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
OBSC Perfection IPO Lot Size
The OBSC Perfection IPO has a lot size of 1,200 shares. Retail investors require a minimum investment of ₹1,20,000 by applying for 1 lot (1,200 shares). The maximum application allowed for the retail category is 1 lots (1,200 shares), requiring an investment of ₹1,20,000.
| 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 |
Issue Reservation
- Anchor Investors — 28.46%
- Market Maker — 5.05%
- QIB — 19.01%
- NII — 14.24%
- RII — 33.23%
Book Running Lead Managers
- Unistone Capital Pvt Ltd
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the OBSC Perfection 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.
When will the OBSC Perfection IPO open for subscription?
The OBSC Perfection IPO opens on Tue, Oct 22, 2024 and closes on Thu, Oct 24, 2024
What is OBSC Perfection IPO Price Band?
OBSC Perfection IPO Price Band is ₹95 to 100 per share.
What is OBSC Perfection IPO Lot Size?
OBSC Perfection IPO lot size is 1200 shares, Retail investors need a minimum investment of ₹240000 based on the upper price band
What is the minimum investment for OBSC Perfection IPO?
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.
How to apply for OBSC Perfection IPO?
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.
What is OBSC Perfection IPO Issue Size?
OBSC Perfection IPO issue size is ₹66.02 crores.
What is the OBSC Perfection IPO Allotment Date?
OBSC Perfection IPO allotment date is Fri, Oct 25, 2024.
Who is the OBSC Perfection IPO Registrar?
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.
What is the OBSC Perfection IPO GMP?
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 6.00% over the issue price.
Who is the OBSC Perfection IPO Lead Manager?
The book-running lead managers (BRLMs) for the OBSC Perfection IPO are Unistone Capital Pvt Ltd. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the OBSC Perfection IPO Red Herring Prospectus (RHP).