OBSC Perfection IPO Details
| IPO Size | ₹66.02 Cr |
| Price Range | ₹95 - ₹100 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | NSE |
| Minimum Quantity | 1200 |
| Investment (cut-off price) | ₹120,000 |
| Pre IPO Promotor Holding | 100% |
| Post IPO Promotor Holding | Update soon |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
OBSC Perfection IPO Timelines
22/10/2024
Start Date24/10/2024
End Date28/10/2024
Refund Initiation28/10/2024
Credit of Shares to Demat Ac29/10/2024
Listing DateOBSC Perfection IPO Lot Size
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1200 | ₹120,000 |
| Retail Maximum | 1 | 1200 | ₹120,000 |
| S-HNI Minimum | 2 | 2400 | ₹240,000 |
OBSC Perfection IPO Subscription Status
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 10.20x | 25.87x | 16.20x | -- | 16.56x |
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹110 | ₹115.50 | ₹115.50 | ₹110 |
OBSC Perfection IPO Company Financials
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2022 | ₹56.72 | ₹52.40 | ₹3.60 |
| FY 2023 | ₹96.91 | ₹90.60 | ₹4.57 |
| FY 2024 | ₹116.11 | ₹99.68 | ₹12.21 |
About Company
Incorporated as OBSC Perfection Private Limited on March 17, 2017, the company transitioned to a public limited entity on July 12, 2024, changing its name to OBSC Perfection Limited. This change was formalized with a new Certificate of Incorporation issued by the Registrar of Companies.
The Indian auto components industry has experienced significant growth, driven by rising demand from the expanding middle class and increased exports. The sector is divided into organized and unorganized segments, with the organized sector focusing on high-value precision instruments for original equipment manufacturers (OEMs). In H1 2023-24, the industry’s turnover reached ₹2.9 lakh crore (approximately $36.1 billion), reflecting a 12.6% revenue growth compared to the previous year. OBSC Perfection specializes in manufacturing precision metal components for both the automotive and non-automotive sectors, including defense and telecommunications, while aiming to expand its market presence beyond automotive applications.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2017 | Automobile & Ancillaries | Saksham Leekha |
Know Before Investing
OBSC Perfection IPO Strengths
- Manufacturing facilities located in two key auto hubs of India.
- Strategic advantage gained through a streamlined supply chain with nearby raw material suppliers.
- A qualified workforce supported by a proven management team.
- Demonstrated consistent financial performance over time.
OBSC Perfection IPO Risks
- The business heavily relies on the top 10 customers, contributing 70.10%, 64.66%, and 66.34% in Fiscal 2024, 2023, and 2022, respectively; losing any of these customers could significantly impact financial performance and cash flows.
- Dependence on the automotive industry’s performance means economic cyclicality and reduced demand in India or globally could negatively affect business operations and financial health.
- Sales are primarily dependent on the domestic market, making any downturn a potential risk to overall sales performance.
Swot Analysis for OBSC Perfection IPO
Strengths
Strong revenue growth, Diverse product range, Established OEM relationships
Weaknesses
High dependency on automotive sector, Limited geographic diversification
Opportunities
Expansion into new markets, Increasing demand for precision components
Threats
Economic downturns affecting automotive demand, Intense industry competition
Company Details
OBSC Perfection Limited
6F, 6th Floor, M-6, Uppal Plaza,
Jasola District Centre,
South Delhi- 110025.
Phone: 022-2697 2586
Email: [email protected]
Website: https://www.obscperfection.com/
IPO Registar Details
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://ipo.bigshareonline.com/ipo_status.html
FAQs
The key objectives of OBSC Perfection IPO are:
- Funding capital expenditures for machinery purchases at the existing manufacturing facility (Unit III) located in Mappedu Village, Tamil Nadu, for proposed expansion.
- Allocating capital expenditures for machinery purchases at the existing manufacturing facility (Unit IV) in Nighoje, Pune, for proposed expansion.
- Securing funding to meet working capital requirements of the company.
- Utilizing funds for general corporate purposes.
Unistone Capital Pvt Ltd is the book-running lead managers for the OBSC Perfection IPO.