OBSC Perfection IPO description – OBSC Perfection is a precision metal component manufacturer serving primarily top original equipment manufacturers (OEMs) that supply components and parts to leading automotive manufacturers in India. Additionally, the company provides services to industries such as defense, marine, and telecommunication infrastructure. While most of its business comes from the automotive sector, a smaller portion is derived from the defense, marine, and telecommunication industries.
OBSC Perfection produces a wide range of precision metal components, including cut blanks, shafts, spline shafts, torsion rods, piston rods, semi-finished rack bars, pinions, drive shafts, gear shifters, and various types of housings for its diverse customer base. As of 31 August 2024, the company’s product portfolio includes 24 products, with an order backlog of INR 28.05 crore and nomination letters valued at INR 359.93 crore.
The company operates four manufacturing facilities, three of which are located in Pune, Maharashtra, including the principal manufacturing site, and a fourth unit in Chennai, Tamil Nadu. As of 12 July 2024, OBSC Perfection employs 85 permanent staff.
Promoters of OBSC Perfection – Mr. Saksham Leekha, Mr. Ashwani Leekha, Mr. Sanjeev Verma, Ms. Rajni Verma, Ms. Asha Narang, Mr. Sandeep Narang, Mr. Richard Blum, Ms. Adrianne Blum, Mr. Pascal Blum, Mr. Simon Blum, Omega Bright Steel and Components Private Limited, Omega Bright Steel Private Limited, ESS U Enterprises Private Limited, and Bluwat Ag.
Table of Contents
OBSC Perfection IPO Details
| OBSC Perfection IPO Dates | 22 – 24 October 2024 |
| OBSC Perfection Issue Price | INR 95 – 100 per share |
| Fresh issue | 66,02,400 shares (INR 62.72 – 66.02 crore) |
| Offer For Sale | NIL |
| Total IPO size | 66,02,400 shares (INR 62.72 – 66.02 crore) |
| Minimum bid (lot size) | 1,200 Shares (INR 1,20,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE EMERGE |
OBSC Perfection Financial Performance
| Â | FY 2022 | FY 2023 | FY 2024 | 5M FY 2025 |
| Revenue | 56.53 | 96.36 | 115.03 | 56.53 |
| Expenses | 52.40 | 90.60 | 99.68 | 48.90 |
| Net income | 3.60 | 4.57 | 12.21 | 6.03 |
OBSC Perfection Offer News
- OBSC Perfection RHP
- OBSC Perfection Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2024
OBSC Perfection Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 | |
| EPS | 2.02 | 2.56 | 6.84 |
| PE ratio | – | – | 13.89 – 14.62 |
| RONW (%) | 27.11 | 25.61 | 40.61 |
| NAV | 7.44 | 10.01 | 16.85 |
| ROCE (%) | 18.45 | 20.07 | 31.49 |
| EBITDA (%) | 12.53 | 10.11 | 18.05 |
| Debt/Equity | 1.43 | 1.87 | 1.38 |
OBSC Perfection IPO GMP Today
| Date | Consolidated IPO GMP | Subject to Sauda |
| 28 October 2024 | 11 | 9,000 |
| 26 October 2024 | 25 | 18,500 |
| 25 October 2024 | 25 | 18,500 |
| 24 October 2024 | 21 | 18,500 |
| 23 October 2024 | 12 | 10,000 |
OBSC Perfection IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
| Shares Offered | 12,54,000 | 9,40,800 | 21,94,800 | 43,89,600 |
| 24 Oct 2024 | 10.21 | 26.21 | 16.19 | 16.63 |
| 23 Oct 2024 | 2.71 | 2.71 | 2.44 | 2.57 |
| 22 Oct 2024 | 1.44 | 0.15 | 0.61 | 0.75 |
The market maker reservation portion of 3,33,600 shares and anchor allocation of 18,79,200 shares are not included in the above calculations.
OBSC Perfection IPO Allotment Status
OBSC Perfection IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
OBSC Perfection IPO Dates & Listing Performance
| IPO Opening Date | 22 October 2024 |
| IPO Closing Date | 24 October 2024 |
| Finalization of Basis of Allotment | 25 October 2024 |
| Initiation of refunds | 28 October 2024 |
| Transfer of shares to demat accounts | 28 October 2024 |
| IPO Listing Date | 29 October 2024 |
| Opening Price on NSE SME | INR 110 per share (up 10%) |
| Closing Price on NSE SME | INR 115.50 per share (up 15.50%) |
OBSC Perfection Offer Lead Manager
UNISTONE CAPITAL PRIVATE LIMITED
A/305, Dynasty Business Park, Andheri Kurla Road,
Andheri East, Mumbai 400059, Maharashtra
Phone: 022 4604 6494
Email:Â [email protected]
Website:Â www.unistonecapital.com
OBSC Perfection Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Pinnacle Business Park,
Mahakali Caves Road, next to Ahura Centre,
Andheri East, Mumbai- 400093, Maharashtra
Phone:Â +91 22 6263 8200
Email:Â [email protected]
Website:Â www.bigshareonline.com
OBSC Perfection Issue Contact Details
OBSC PERFECTION LIMITED
6F, 6th Floor, M-6, Uppal Plaza,
Jasola District Centre, South
Delhi- 110025, India
Phone: 022-2697 2586
E-mail: [email protected]
Website: www.obscperfection.com
IPO FAQs
What is the OBSC Perfection offer size?
OBSC Perfection’s offer size is INR 62.72 – 66.02 crores.
What is the OBSC Perfection offer price band?
OBSC Perfection public offer price is INR 95 – 100 per share.
What is the lot size of the OBSC Perfection IPO?
OBSC Perfection offer lot size is 1,200 shares.
What is OBSC Perfection IPO GMP today?
OBSC Perfection IPO GMP today is INR 11 per share.
What is OBSC Perfection kostak rate today?
OBSC Perfection kostak rate today is INR NA per application.
What is OBSC Perfection IPO Subject to Sauda rate today?
OBSC Perfection’s Subject to Sauda rate today is INR 9,000 per application.
