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.
As of July 12, 2024, the company had 85 permanent employees.
OBSC Perfection IPO – Details
| IPO Opening Date | 22 October 2024 |
| IPO Closing Date | 24 October 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue Size: 66,02,400 Shares Worth ₹66.02 Crore Fresh Issue: 66,02,400 Shares Worth ₹66.02 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹95 – ₹100 |
| Market Lot | 1200 Shares |
| Min Order | 1200 Shares |
| Listing At | NSE SME |
| Register | Bigshare Services Pvt Ltd |
| QIB Shares Offered | 50% |
| Retail Shares Offered | 35% |
| NII (HNI) Shares Offered | 15% |
OBSC Perfection IPO – Date Schedule
| IPO Open Date | 22 October 2024 |
| IPO Close Date | 24 October 2024 |
| Basis of Allotment | 25 October 2024 |
| Initiation of Refund | 28 October 2024 |
| Credit of Shares to Demat Account | 28 October 2024 |
| IPO Listing Date | 29 October 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on October 24, 2024 |
OBSC Perfection IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹1,20,000 |
| Retail (Max) | 1 | 1200 | ₹1,20,000 |
| HNI (Min) | 2 | 2400 | ₹2,40,000 |
Competitive Strengths
- Manufacturing facilities situated at two of the most prominent auto hubs of India.
- Strategic advantage through streamlined supply chain with adjacent raw material suppliers.
- Qualified employee base and proven management team.
- Consistent financial performance.
Company 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 and Bluwat AG
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2022 | 56.72 | 52.40 | 3.60 | 18.97 |
| 31 March 2023 | 96.91 | 90.60 | 4.57 | 33.40 |
| 31 March 2024 | 116.11 | 99.68 | 12.21 | 41.47 |
| 31 August 2024 | 57.00 | 48.90 | 6.03 | 49.67 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 40.61% |
| ROCE | 31.49% |
| Debt/Equity | 1.38 |
| RoNW | 40.61% |
| P/BV | 5.93 |
| PAT Margin (%) | 10.62 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 6.84 | 5.92 |
| P/E (x) | 14.62 | 16.89 |
Object 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.
OBSC Perfection IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | – |
OBSC Perfection IPO Prospectus
Company Contact Information
| OBSC Perfection Limited 6F, 6th Floor, M-6, Uppal Plaza, Jasola District Centre, South Delhi- 110025 Phone: 022-2697 2586 Email: abhishek@obscperfection.com Website: https://www.obscperfection.com/ |
OBSC Perfection IPO Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: https://ipo.bigshareonline.com/ipo_status.html |
OBSC Perfection IPO Lead Manager(s)
| 1. Unistone Capital Pvt Ltd |
OBSC Perfection IPO FAQs
| What is OBSC Perfection IPO? OBSC Perfection IPO is an SME IPO. The issue is priced at ₹95 and ₹100 per equity share. The IPO is to be listed on NSE SME. |
| When OBSC Perfection IPO will open? The IPO is to open on 22 October 2024 for QIB, NII, and Retail Investors. |
| What is OBSC Perfection IPO Investors Portion? The investors’ portion for QIB- 50%, Retail – 35%, NII – 15%. |
| How to Apply the OBSC Perfection IPO? You can apply OBSC Perfection IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the OBSC Perfection IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “OBSC Perfection IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the OBSC Perfection IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “OBSC Perfection IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the OBSC Perfection IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “OBSC Perfection IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the OBSC Perfection IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “OBSC Perfection IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is OBSC Perfection IPO Size? OBSC Perfection IPO size is ₹66.02 Crore. |
| What is OBSC Perfection IPO Price Band? OBSC Perfection IPO Price Band is ₹95 – ₹100. |
| What is OBSC Perfection IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 1200 Shares with ₹1,20,000 amount while the maximum bid is 1200 Shares with ₹1,20,000. |
| What is the OBSC Perfection IPO Allotment Date? OBSC Perfection IPO allotment date is 25 October 2024. |
| What is the OBSC Perfection IPO Listing Date? OBSC Perfection IPO listing date is 29 October 2024. The IPO is to be listed on NSE SME. |
