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
₹ Crore
Profit After Tax
603.05
₹ Crore
Net Worth
3,610.15
₹ Crore
Total Borrowing
4,967.82
₹ Crore
| 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 | |||||||||
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 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 | 1200 | ₹120,000 |
| Retail (Max) | 1 | 1200 | ₹120,000 |
| HNI (Min) | 2 | 2400 | ₹240,000 |