OBSC Perfection Limited plans to launch its initial public offering (IPO) from October 22 to October 24, 2024, with a price range of INR 95 to INR 100 per share. The IPO aims to raise INR 62.72 crore to INR 66.02 crore, with a minimum bid lot size of 1,200 shares. Stay updated on the latest GMP, subscription status, and allotment status links for all upcoming and closed IPOs.
OBSC Perfection is a leading maker of precision metal components, primarily serving top original equipment manufacturers (OEMs) that supply parts to major automobile manufacturers in India. In addition to serving the automobile sector, the company provides services to industries such as defense, maritime, and telecommunication infrastructure. However, the automotive area accounts for the majority of its revenue.
OBSC Perfection IPO Details
| IPO Open Date | October 22, 2024 |
| IPO Close Date | October 24, 2024 |
| Listing Date | Tuesday, October 29, 2024 |
| Face Value | ₹10 per share |
| Price Band | ₹95 to ₹100 per share |
| Lot Size | 1200 Shares |
| Total Issue Size | 6,602,400 shares |
| Fresh Issue | 6,602,400 shares |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
OBSC Perfection IPO Promoter Holding
OBSC Perfection IPO promoters, including Saksham Leekha and others, held 100% pre-IPO. Post-IPO shareholding changes remain undisclosed. The IPO opens on October 22, 2024.
| Share Holding Pre-Issue | 100% |
| Share Holding Post Issue |
OBSC Perfection Financials
OBSC Perfection Limited’s revenue increased by 20%, and profit after tax (PAT) increased by 167% between the fiscal years ended March 31, 2024 and March 31, 2023.
| FY 2024 | |
| Assets | 11,066.37 |
| Revenue | 5,700.15 |
| Profit After Tax | 603.05 |
| Net Worth | 3,610.15 |
| ROE | 40.61% |
| ROCE | 31.49% |
| Debt/Equity | 1.38 |
| RoNW | 40.61% |
| P/BV | 5.93 |
| PAT Margin (%) | 10.62 |
About The Company – OBSC Perfection
OBSC Perfection Limited was founded on March 17, 2017, as a manufacturer of precision metal components. OBSC Perfection offers a wide selection of high-quality designed parts to a variety of customers. OBSC Perfection Limited manufactures a wide range of precision metal components for a wide range of clients, including but not limited to cut blanks, shafts/spline shafts, torsion rods, piston rods, rack bar semi-finished, pinion, drive shafts, gear shifters, cable end fittings, sensor boss, sleeves, push plate, hubs, housing – brass and aluminum, fork bolt, fasteners, connectors, ball pin, ball pin housing, flange, male-female ring, dozing adapter, and housing.
