OBSC Perfection Limited IPO, GMP, Details, Price, And Review IPO Details
| Detail | Description |
|---|---|
| IPO Date | October 22, 2024 to October 24, 2024 |
| Listing Date | [.] |
| Face Value | ₹ 10 per share |
| Price Band | ₹ 95 to ₹ 100 per share |
| Lot Size | 1,200 Shares |
| Total Issue Size | 66,02,400 shares (aggregating up to ₹ 66.02 Cr) |
| Fresh Issue | 66,02,400 shares (aggregating up to ₹ 66.02 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Shareholding pre issue | 1,78,50,000 |
| Shareholding post issue | 2,44,52,400 |
| Market Maker portion | 3,33,600 shares R.K.Stock Holding |
About OBSC Perfection Limited IPO, GMP, Details, Price, And Review
Established in 2017, OBSC Perfection Limited is a precision metal components manufacturer offering a wide range of precision engineering products, which are high-quality engineered parts for various end-user industries and regions. OBSC Perfection manufactures a range 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.OBSC Perfection caters to Original Equipment Manufacturers (OEMs) who ultimately supply various components and parts to leading automobile manufacturers in India.
OBSC Perfection IPO Overview:
• Issue Size: ₹ 66.02 crores
• Total Shares: 66.02 lakh shares (entirely a fresh issue)
• Subscription Dates:
· Open: October 22, 2024
· Close: October 24, 2024
• Price Band: ₹ 95 to ₹100 per share
• Minimum Lot Size: 1,200 shares
• Book Running Lead Manager: Unistone Capital Pvt Ltd
• Registrar: Bigshare Services Pvt Ltd
Market Maker: R.K. Stock Holding
OBSC Perfection Limited IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50.00% of the Net offer |
| Retail Shares Offered | Not less than 35.00% of the Net Offer |
| NII (HNI) Shares Offered | Not less than 15.00% of the Net Offer |
Objectives of OBSC Perfection IPO
-
The Company proposes to utilize the Net Proceeds from the Issue towards funding the following objectives:
- 1. Funding capital expenditure requirements towards the purchase of machinery for the existing manufacturing facility (Unit "III") at No. 126, Mappedu Village, Sriperumbudhur Taluk-Mappedu, Thiruvallur631402, Tamil Nadu, India.
- 2. 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.
- 3. Funding working capital requirements of the Company.
- 4. General Corporate Purposes.
OBSC Perfection Limited IPO, GMP, Details, Price, And Review Financial Information
Latest Revenue
₹ 5,700.15 Cr
Profit After Tax
₹ 603.05 Cr
Net Worth
₹ 3,610.15 Cr
Total Borrowing
₹ 4,967.82 Cr
| Period Ended | Assets | Revenue From Operations | Profit After Tax | Net Worth | Total Borrowing |
|---|---|---|---|---|---|
| 31 Aug 2024 | 11,066.37 | 5,700.15 | 603.05 | 3,610.15 | 4,967.82 |
| 31 Mar 2024 | 8,650.59 | 11,611.41 | 1,221.21 | 3,007.1 | 4,147.25 |
| 31 Mar 2023 | 6,916.01 | 9,691.03 | 457.39 | 1,785.89 | 3,340.48 |
| 31 Mar 2022 | 4,847.48 | 5,672.42 | 360.11 | 1,328.47 | 1,897.54 |
| Amount in ₹ Crore | |||||
OBSC Perfection Limited IPO, GMP, Details, Price, And Review IPO GMP (Grey Market Premium)
“Grey Market Premium” or GMP is defined as the rate at which the IPO's shares are traded in the market before they are officially listed on the stock exchange.
The OBSC Perfection Limited IPO, GMP, Details, Price, And Review IPO GMP is currently trading at ₹66, reflecting the sentiment of unofficial investors before the official listing. This premium suggests a potential listing price of ₹166, which is 66.00% above the issue price. While the Grey Market Premium is a key indicator of demand and investor appetite, it is important to remember that GMP is highly volatile and should not be the sole factor in your investment decisions.
IPO Estimated Listing Return
Based on the IPO Price of ₹100 (highest price band), the latest uploaded Grey Market Premium (GMP) of ₹66 and a lot size of 1200 shares.
OBSC Perfection Limited IPO, GMP, Details, Price, And Review IPO GMP TREND (DAILY UPDATES)
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| 2024-10-28 | ₹100 | ₹6 (6.00%) | 2024-10-28 |
OBSC Perfection Limited IPO, GMP, Details, Price, And Review Key Performance Indicator
| KPI | Values |
|---|---|
| - |
Frequently Asked Questions
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Competitive Strengths
OBSC Perfection Limited IPO, GMP, Details, Price, And Review IPO Timeline
| IPO Open Date | Tuesday, October 22, 2024 |
| IPO Close Date | Thursday, October 24, 2024 |
| Basis of Allotment | Friday, October 25, 2024 |
| Initiation of Refunds | Monday, October 28, 2024 |
| Credit of Shares to Demat | Monday, October 28, 2024 |
| Listing Date | Tuesday, October 29, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on October 24, 2024 |
IPO Lot Size
| Investors | No.of lots | Shares Offered | Max Bid Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹ 1,20,000 |
| Retail (Max) | 1 | 1,200 | ₹ 1,20,000 |
| HNI (Min) | 2 | 2,400 | ₹ 2,40,000 |