OBSC Perfection Limited launched its IPO on October 22, 2024.
The OBSC Perfection IPO is a book-built issue aiming to raise ₹66.02 crores through a fresh issue of 66.02 lakh shares. The price is set between ₹95 and ₹100 per share. Retail investors can participate with a minimum lot size of 1,200 shares. The IPO allotment is expected on October 25, with a listing on the NSE SME scheduled for October 29.
OBSC Perfection NSE IPO Details
Detail | Information |
IPO Opening Date | October 22, 2024 |
IPO Closing Date | October 24, 2024 |
Listing Date | October 29, 2024 |
Face Value | ₹10 per share |
Price Range | ₹95 to ₹100 per share |
Lot Size | 1,200 shares |
Total Issue Size | 66,02,400 shares (₹66.02 Cr) |
Fresh Issue | 66,02,400 shares (₹66.02 Cr) |
IPO Segment | Book Built Issue IPO |
Listing At | NSE SME |
Shareholding Pre-Issue | 1,78,50,000 shares |
Overview of OBSC Perfection Limited
OBSC is a precision metal components manufacturer. It serves automotive, defense, marine, and telecom infrastructure sectors.
OBSC Perfection Limited has four manufacturing facilities located in Pune and Chennai.
Ready to Invest in OBSC Perfection IPO? Open your free demat account now!
OBSC Perfection SME IPO| Key Details
- OBSC Perfection IPO Opening Date: October 22, 2024
- OBSC Perfection SME IPO Closing Date: October 24, 2024
- OBSC Perfection IPO Allotment Date: October 25, 2024
- OBSC Perfection IPO Price Band: ₹95 to ₹100 per share
- OBSC Perfection IPO Lot Size: 1,200 shares
- IPO Refunds Initiated: October 28, 2024
- Shares Credited to Demat: October 28, 2024
- IPO Listing Date: October 29, 2024
OBSC Perfection Limited: Financial Overview
OBSC Perfection Limited has shown a 20% increase in revenue and a 167% rise in profit after tax (PAT).
Period Ended | Assets (₹ Lakh) | Revenue (₹ Lakh) | Profit After Tax (₹ Lakh) | Net Worth (₹ Lakh) |
31 Aug 2024 | 1,106.63 | 5700.01 | 603 | 3610.2 |
31 Mar 2024 | 8650.5 | 1,1611.4 | 1221.21 | 3007.1 |
31 Mar 2023 | 6916.01 | 9691.03 | 457.3 | 1785.89 |
OBSC Perfection Limited IPO: Opportunities and Challenges
The company has a strategic presence in key automotive hubs (Pune and Chennai). This is driving the supply chain efficiency. Also, the growing demand for precision engineering components across diverse industries offers further growth potential.
However, there can be vulnerability to fluctuations in raw material prices and supply chain disruptions.
FAQs | OBSC Perfection Ltd IPO
OBSC Perfection Ltd is a precision metal components manufacturer established in 2017. It supplies high-quality parts to the automotive, defense, and telecom sectors.
The bidding date for OBSC Perfection IPO is from October 22, 2024, to October 24, 2024.
The IPO lot size is 1,200 shares, with a minimum investment of ₹120,000.
The IPO face value is ₹10 per share.
The OBSC Perfection SME IPO opens on October 22, 2024 and closes on October 24, 2024.
The OBSC IPO listing date has not yet been announced. However, the tentative date of the OBSC Perfection IPO listing is Tuesday, October 29, 2024.
______________________________________________________________________________________
Disclaimer: Investments in the securities market are subject to market risks; read all the related documents carefully before investing.