OBSC Perfection Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 3,133,200 (47%) | — | ₹3,133 Cr |
| NII (HNI) | — | 940,800 (14%) | — | ₹941 Cr |
| Retail | — | 2,194,800 (33%) | — | ₹2,195 Cr |
| Market Maker | — | 333,600 (5%) | — | ₹33 Cr |
| Σ Total | — | 6,602,400 (100%) | — | ₹66,024 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹120,000 |
| Retail (Max) | 13 | 15,600 | ₹1,560,000 |
| S-HNI (Min) | 14 | 16,800 | ₹1,680,000 |
| B-HNI (Min) | 67 | 80,400 | ₹8,040,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 31 Aug 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 5,700 | 11,611 | 9,691 |
| Profit After Tax | 603 | 1,221 | 457 |
| Net Worth | 3,610 | 3,007 | 1,786 |
| Total Assets | 11,066 | 8,651 | 6,916 |
| Reserves & Surplus | 1,825 | 1,222 | 596 |
| Total Borrowing | 4,968 | 4,147 | 3,340 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Funding capital expenditure requirements towards the purchase of machinery for the existing manufacturing facility (“Unit III”) at No. 126, Mappedu Village, Sriperumbudhur Taluka-Mappedu, Thiruvallur631402, Tamil Nadu, India. (“Proposed Expansion at Unit III”); –
- 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. (“Proposed Expansion at Unit IV”); –
- Funding working capital requirements of the Company; and –
- General Corporate Purposes. –
Company Overview
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. As of July 23, 2024, the company has a product portfolio of 24 products.
OBSC Perfection caters to Original Equipment Manufacturers (OEMs) who ultimately supply various components and parts to leading automobile manufacturers in India. In the non-automotive sector, the company supplies manufacturers in the defense, marine, and telecom infrastructure sectors.
The company has four manufacturing facilities, three of which are located in Pune, Maharashtra, a major automotive hub, namely Unit I (main manufacturing facility), Unit II, Unit IV, and one in Chennai, Tamil Nadu, another major automotive hub.
Competitive strengths
- Production facilities in two of the most important automotive centers in India
- Strategic advantage through close supply chain with neighboring raw material suppliers
- Consistent track record of growth and financial performance
- Experienced and dedicated promoter and professional management team with extensive expertise
As of July 12, 2024, the company had 85 permanent employees.