OBSC Perfection Limited
Book Built Issue IPO · NSE
- Price band
- ₹95 - ₹100
- Lot size
- 1,200 shares
- Issue amount
- ₹66.02 cr
- Total subscription
- 16.63×
- Opens
- 22 Oct 2024
- Closes
- 24 Oct 2024
- Allotment
- 25 Oct 2024
- Listing
- 29 Oct 2024
Offer at a glance
Issue overview
- Issue size
- 66,02,400 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,14,000
- Fresh issue
- ₹66.02 cr
- Offer for sale
- ₹0 cr
- Registrar
- Bigshare Services Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,20,000
- Issue type
- Book Built Issue IPO
- Shares before issue
- 1,78,50,000
- Shares after issue
- 2,44,52,400
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 1,200 | ₹1,20,000 |
| HNI | 2 | 2,400 | ₹2,40,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| QIB | — | 17 |
| NIB | — | 2,236 |
| RETAIL | — | 29,620 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 12.54 | 128.09 |
| RETAIL | 21.95 | 355.44 |
Financial performance
Company financials
in Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| EPS | 6.84 | 2.56 | 2.02 |
| ROE | 40.61 | 25.61 | 27.11 |
| ROCE | 31.49 | 20.07 | 18.45 |
| RONW | 40.61 | 25.61 | 27.11 |
| PRE IPO(PE) | 14.62 | 0 | 0 |
| POST IPO(PE) | 16.89 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Founded in 2017, OBSC Perfection Limited is a manufacturer of precision metal components that produces a wide range of high-quality engineering products for different industries and regions. The company makes various parts such as shafts, piston rods, gear shifters, fasteners, connectors, and many other metal components, with a total of 24 products as of July 2024. OBSC Perfection mainly serves Original Equipment Manufacturers (OEMs) that supply parts to top automobile makers in India, while also catering to clients in defense, marine, and telecom sectors. The company operates four manufacturing units—three in Pune, Maharashtra, and one in Chennai, Tamil Nadu—both key automotive hubs in India.
Strengths
- Strategic Locations: With production facilities in Pune and Chennai, the company is well-positioned in major automotive hubs, ensuring easy access to key markets and clients.
- Smooth Supply Chain: Being close to raw material suppliers helps in maintaining efficient operations and keeping production costs low.
- Steady Growth: The company has a strong history of financial growth, showcasing its stability and success over time.
Risk factors
- Reliance on Key Customers: Over 64% of revenue comes from the top 10 customers. Losing any of them could significantly impact the company's financial stability.
- Tied to the Automotive Industry: Since the company depends on the automotive sector, economic slowdowns or lower demand in this industry could affect its operations and profits.
- Focus on the Domestic Market: With most of its business coming from the local market, any economic downturns at home could lead to lower sales and revenue.
Promoters
Saksham Leekha
Ashwani Leekha
Sanjeev Verma
Rajni Verma
Asha Narang
Sandeep Narang
Richard Blum
Adrianne Blum
Pascal Blum
Simon Blum
Omega Bright Steel and Components Private Limited
Omega Bright Steel Private Limited
ESS U Enterprises Private Limited
Bluwat AG
Registrar & documents
Lead manager
Unistone Capital Private Limited
Registrar & contacts
Bigshare Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
6F, 6th Floor, M-6, Uppal Plaza, Jasola District Centre, South Delhi- 110025
022-2697 2586
[email protected]Company website ↗Understanding OBSCP IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.