OBSC Perfection IPO
OBSC Perfection is an NSE SME IPO listed on the NSE SME platform, priced at ₹95–₹100 per share. The stock debuted at ₹110, delivering a listing gain of 10.0%. The IPO had a lot size of ₹1200 shares and a minimum investment of ₹1,20,000.
OBSC Perfection Limited IPO
- IPO Dates
- Oct 22, 2024 – Oct 24, 2024
- Price band
- ₹95-100 per equity share
- Minimum Investment
- ₹1,20,000
- Issue size
- ₹66.02 Cr
- Lot size
- 1200
- Allotment Date
- Oct 25, 2024
- Listing
- Oct 29, 2024
- Listing At
- NSE SME
IPO timeline
-
Oct 22, 2024
Open Date
Completed
-
Oct 24, 2024
Close Date
Completed
-
Oct 25, 2024
Allotment Date
Completed
-
Oct 29, 2024
Listing Date
Completed
OBSC Perfection IPO Essentials
OBSC Perfection IPO Details
OBSC Perfection IPO is priced at ₹95-100 per share with a total issue size of 66.02 crore. The IPO has a lot size of 1200 shares and is listed on NSE SME.
- Issue price
- ₹95-100 per equity share
- Lot size
- 1200 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 6,602,400 shares(aggregating up to ₹66.02 Cr)
- Total issue size
- 66,02,400 shares
(aggregating up to ₹66.02 crore) - Fresh issue
- 66,02,400 shares
(aggregating up to ₹66.02 crore) - Listing at
- NSE SME
- List price
- 110.0
- Listing date
- Registrar
- Bigshare Services Pvt Ltd
- Lead manager
-
Unistone Capital Pvt Ltd
Market Lot Size
Investors can bid for a minimum of 1200 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1200 | ₹1,20,000 |
| Retail(max) | 1 | 1200 | ₹1,20,000 |
| NII (min) | 2 | 2400 | ₹2,40,000 |
OBSC Perfection IPO Reservation
OBSC Perfection IPO reservation details show category-wise allocation of shares. Out of the total 6,602,400 shares, approximately 19.01% are reserved for QIB, 14.24% for NII, 33.23% for retail investors, 5.05% for market maker, and 28.46% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 1,879,200 (28.46%) | |
| Market Maker Shares Offered | 333,600 (5.05%) | |
| QIB Shares Offered | 1,255,200 (19.01%) | |
| NII (HNI) Shares Offered | 940,320 (14.24%) | |
| Retail Shares Offered | 2,194,080 (33.23%) | |
| Total Shares Offered | 6,602,400 (100%) |
OBSC Perfection IPO Analytics
OBSC Perfection IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
OBSC Perfection IPO Subscription Status
OBSC Perfection IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,255,200 / 940,320 | 2,194,080 | 4,389,600 |
|
Day 1
22-10-24 06:00 PM
|
(1.43 / 0.16) x | 0.65 x | 0.77 x |
|
Day 2
23-10-24 06:00 PM
|
(2.71 / 2.37) x | 2.50 x | 2.53 x |
|
Day 3
24-10-24 06:00 PM
|
(10.21 / 26.21) x | 16.19 x | 16.63 x |
OBSC Perfection Valuations
Earnings
- EPS Pre IPO
- ₹6.84/-
- EPS Post IPO
- ₹5.92/-
- P/E Pre IPO
- 14.62
- P/E Post IPO
- 16.89
Returns
- ROE
- 40.61%
- ROCE
- 31.49%
- RoNW
- 40.61%
- PAT Margin
- 10.62
Fundamentals
- Debt / Equity
- 1.38
- Price / Book
- 5.93
OBSC Perfection Financials( In Lakhs)
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 8,650.59 | 6,916.01 | 4,847.48 |
| Revenue | 11,611.41 | 9,691.03 | 5,672.42 |
| Profit After Tax | 1,221.21 | 457.39 | 360.11 |
| Net Worth | 3,007.1 | 1,785.89 | 1,328.47 |
| Reserves & Surplus | 1,222.1 | 595.89 | 138.47 |
| Total Borrowing | 4,147.25 | 3,340.48 | 1,897.54 |
OBSC Perfection Company & Offer Insights
About OBSC Perfection
OBSC Perfection Limited was founded in 2017. The company specializes in the manufacture of precision metal components, providing a variety of precision engineering products. These are high-quality engineered parts for various end-user industries and regions.
OBSC Perfection makes a variety of precision metal components, including but not limited to cut blanks, shafts/splines, torsion bars, piston rods, rack bar semi-finished products, pinions, drive shafts, gear shifters, cable end fittings, sensor boss, sleeves, push plate, hubs, housings; brass and aluminum, fork bolt, fasteners, connectors, ball pin, ball pin housing, flanges, male-female rings, dozing adapter. As of July 23, 2024, the company has 24 products.
OBSC Perfection caters to Original Equipment Manufacturers (OEMs) who ultimately supply various components and parts to the leading automobile manufacturers in India. In the non-automotive sector, the company supplies manufacturers in the defense, marine, and telecom infrastructure sectors.
The company has four manufacturing facilities; three are situated in Pune, Maharashtra, the country's principal automotive hub namely Unit I: main manufacturing facility; Unit II, Unit IV; and one more in Chennai, Tamil Nadu.
OBSC Perfection Promoter(s)
Saksham Leekha, Ashwani Leekha, Sanjeev Verma, Rajni Verma, Asha Narang, Sandeep Narang, Richard Blum, Adrianne Blum, Pascal Blum, Simon Blum, Omega Bright Steel and Components Private Limited, Omega Bright Steel Private Limited, ESS U Enterprises Private Limited and Bluwat AG. are the company's promoters of OBSC Perfection.
OBSC Perfection IPO Issue Objectives
- •
- Funding capital expenditure requirements towards the purchase of machinery for the existing manufacturing facility (Unit III) at No. 126, Mappedu Village, Sriperumbudhur Taluka-Mappedu, Thiruvallur631402, Tamil Nadu, India. (Proposed Expansion at Unit III)
- •
- Funding capital expenditure requirements towards the purchase of machinery for the 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 the Company
- •
- General Corporate Purposes.
OBSC Perfection IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| OBSC Perfection Limited | 6.84 | 6.84 | 16.85 | N/A | 40.61 | 6.25 | Standalone |
| Racl Geartech Ltd | 36.54 | 36.54 | 189.96 | 26.58 | 19.24 | 6.25 | Standalone |
| Talbros Automotive Components Ltd. | 17.82 | 17.82 | 87.02 | 17.78 | 20.47 | 3.01 | Standalone |
Notes:
- The P/E Ratio has been computed based on the closing market price of equity shares on the BSE website on October 04, 2024, divided by the Diluted EPS.
- NAV is computed as the closing net worth divided by the outstanding weighted average number of equity shares.
Contact Information
Contact Details
OBSC Perfection
022-2697 2586
https://www.obscperfection.com/
6F, 6th Floor, M-6, Uppal Plaza, Jasola District Centre, South Delhi- 110025
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
Frequently Asked Questions
Click any question to reveal the answer
OBSC Perfection IPO is a book-built IPO worth ₹66.02 crore. The price band is ₹95–₹100 per share. The IPO opens on Oct 22, 2024 and closes on Oct 24, 2024. It will be listed on NSE SME Platform. Bigshare Services Pvt Ltd is the registrar.
The price band of OBSC Perfection IPO is ₹95 to ₹100 per share.
The lot size of OBSC Perfection IPO is 1200 shares.
The minimum investment for OBSC Perfection IPO is approximately ₹1,20,000 based on the upper price band .
OBSC Perfection IPO opens on Oct 22, 2024 and closes on Oct 24, 2024.
The allotment date of OBSC Perfection IPO is Oct 25, 2024.
OBSC Perfection IPO is expected to be listed on Oct 29, 2024, on NSE SME Platform.
OBSC Perfection IPO valuation snapshot: P/E 16.89, EPS ₹5.92/-, P/B 5.93, RoNW 40.61%, and market cap N/A.
To apply for OBSC Perfection IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of OBSC Perfection IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for OBSC Perfection IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check OBSC Perfection IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the OBSC Perfection IPO allotment status on IPO Ji for quick and easy access.