The IPO for OBSC Perfection is scheduled to open on October 22, 2024, and close on October 24, 2024. An issue built on books is the OBSC Perfection IPO. Through an IPO, which consists of a new issuance of 66.02 crores and the offering for sale of up to [.] equity shares with a face value of 10 apiece, the business hopes to raise about 66.02 crores.
The pricing range for the OBSC Perfection IPO is ₹95 to ₹100 per share. HNI is 15%, QIB is 50%, and the retail quota is 35%. The OBSC Perfection IPO will go public on the NSE on October 29, 2024, and the allocation date is October 25, 2024.
According to the financials, the company’s revenue was ₹116.11 crore in 2024, up from ₹96.91 crore in 2023. The company’s profit was ₹12.21 crores in 2024, compared to ₹4.57 crores in 2023. Investors in the IPO should apply for a lengthy term.
OBSC Perfection IPO Details
| IPO Open Date: | October 22, 2024 |
| IPO Close Date: | October 24, 2024 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹95 to ₹100 Per Share |
| Issue Size: | Approx ₹66.02 Crores |
| Fresh Issue: | Approx ₹66.02 Crores |
| Offer for Sale: | Approx [.] Equity Shares |
| Issue Type: | Book Built Issue |
| IPO Listing: | NSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
OBSC Perfection IPO Market Lot
A minimum market lot of 1,200 shares with an application fee of ₹120,000 is required for the OBSC Perfection IPO.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1,200 | ₹120,000 |
| Retail Maximum | 1 | 1,200 | ₹120,000 |
| S-HNI Minimum | 2 | 2,400 | ₹240,000 |
OBSC Perfection IPO Dates
| IPO Open Date: | October 22, 2024 |
| IPO Close Date: | October 24, 2024 |
| Basis of Allotment: | October 25, 2024 |
| Refunds: | October 28, 2024 |
| Credit to Demat Account: | October 28, 2024 |
| IPO Listing Date: | October 29, 2024 |
Promoters of OBSC Perfection IPO
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, Ess U Enterprises Private Limited, and Bluwat Ag are the company’s promoters.
About OBSC Perfection IPO
On March 17, 2017, OBSC Perfection Limited was founded to manufacture precision metal parts. A wide selection of superior engineered parts is offered by OBSC Perfection to suit the needs of diverse clients. Cut blanks, shafts/spline shafts, torsion rods, piston rods, rack bar semi-finished, pinion, drive shafts, gear shifters, cable end fittings, sensor boss, sleeves, push plate, hubs, housing – brass and aluminium, fork bolt, fasteners, connectors, ball pin, ball pin housing, flange, male-female ring, dozing adapter, and housing are just a few of the many precision metal components that OBSC Perfection Limited produces for a wide range of customers. Furthermore, by having in-house machining, turning, fabrication, and assembly skills that allow us to handle complex components, they believe in delivering a one-stop shop for clients across industries. From ₹ 5,653.41 lakhs in the fiscal year 2022 to ₹ 11,503.03 lakhs in the fiscal year 2024, they had a significant growth in revenue from operations of 103.47%.
