OBSC Perfection Limited IPO
NSE SMEListed On: Oct 29, 2024 at ₹ 110.0
₹ 240000 /2400 Shares
*Min Investment
22 Oct, 2024
Open Date24 Oct, 2024
Close Date25 Oct, 2024
Allotment Date29 Oct, 2024
Listing DateOBSC Perfection IPO Issue Details
- Issue Price ₹95-100 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 66,02,400 shares(aggregating up to ₹66.02 crore)
- Fresh Share 66,02,400 shares(aggregating up to ₹66.02 crore)
- Listing at NSE SME
- List Price 110.0
- Listing Date 2024-10-29
- Lead Manager Unistone Capital Pvt Ltd
- Registrar Bigshare Services 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 offers total 6,602,400 shares. Out of which 1,255,200 (19.01%) allocated to QIB, 940,320 (14.24%) allocated to NII,2,194,080 (33.23%) allocated to RII, NA (NA%) allocated to employees and 1,879,200 (28.46%) allocated to 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 Details
OBSC Perfection Limited IPO is an SME IPO, priced at ₹95-100 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 66,02,400 equity shares, aggregating up to ₹66.02 crores..
The IPO bidding window is open from Oct 22, 2024 to Oct 24, 2024. The allotment is expected to be finalized on Oct 25, 2024, and the tentative listing date is Oct 29, 2024.
The minimum lot size for retail investors is 1200 shares, with a minimum investment of ₹1,20,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,40,000.
Unistone Capital Pvt Ltd is acting as the lead manager to the issue. The registrar of the IPO is Bigshare Services Pvt Ltd, and R.K.Stock Holding Private Limited will act as the market maker for this issue.
OBSC Perfection IPO Subscription Analysis And Details
| 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
OBSC Perfection Company Financials
| 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 |
About OBSC Perfection Company
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.
Pre Issue Share Holding : 100%
Post Issue Share Holding : %
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 Details
OBSC Perfection
6F, 6th Floor, M-6, Uppal Plaza, Jasola District Centre, South Delhi- 110025
022-2697 2586
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
OBSC Perfection IPO - FAQs
Ans. OBSC Perfection Limited IPO is a SME IPO. The issue is priced at ₹95-100 per equity share. The minimum order quantity is 1200 Shares. The IPO opens on Oct 22, 2024, and closes on Oct 24, 2024. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The OBSC Perfection Limited IPO opens on Oct 22, 2024 and closes on Oct 24, 2024.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of OBSC Perfection Limited IPO is 6,602,400 shares(aggregating up to ₹66.02 Cr).
Ans. The OBSC Perfection Limited IPO price band is set between ₹95-100 per equity share.
Ans. To apply for OBSC Perfection Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find OBSC Perfection Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of OBSC Perfection Limited IPO is Oct 25, 2024.
Ans. The OBSC Perfection Limited IPO will be listed on Oct 29, 2024.
Ans. Follow the steps to check the OBSC Perfection Limited IPO allotment status online.
