| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹66.02 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹66.02 Cr |
| Fresh Issue | ₹62.69 Cr |
| Face Value | βΉ10 Per Equity Share |
| Price Band | βΉ95.00-100.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | OBSCP |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead Managers | Unistone Capital Pvt.Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 1,200 shares and in multiples thereof
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
As of July 12, 2024, the company had 85 permanent employees.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (βΉ Cr.) |
|---|---|---|
| 1 | Funding capital expenditure requirements towards purchase of machinery for our existing manufacturing facility (βUnit IIIβ) at Chennai, Tamil Nadu. | 15.42 |
| 2 | Funding capital expenditure requirements towards purchase of machinery for our existing manufacturing facility (βUnit IVβ) at Pune, Maharashtra | 15.17 |
| 3 | Funding working capital requirements of the Company | 16.66 |
| 4 | General Corporate Purposes | 12.19 |
| Period Ended | 31 Aug 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 110.66 | 86.51 | 69.16 | 48.47 |
| Total Income | 57.00 | 116.11 | 96.91 | 56.72 |
| Profit After Tax | 6.03 | 12.21 | 4.57 | 3.60 |
| NET Worth | 36.10 | 30.07 | 17.86 | 13.28 |
| Reserves and Surplus | 18.25 | 12.22 | 5.96 | 1.38 |
| Total Borrowing | 49.68 | 41.47 | 33.40 | 18.98 |
| Amount in ₹ Crore | ||||
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 40.61% |
| ROCE | 31.49% |
| Debt / Equity | 1.38% |
| RoNW | 40.61% |
| PAT Margin | 10.62% |
| Price to Book Value | 5.93 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (βΉ) | 6.84 | 5.92 |
| P/E (x) | 14.62 | 16.89 |
| Promoter Holding | 100% | 73% |
| Market Cap | βΉ244.52 Cr. | |