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Open
22 Oct 2024
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Close
24 Oct 2024
3
Allotment
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Listing
Tue, Oct 29, 2024
Price Band
₹95 to ₹100
Issue Size
66,02,400 shares (agg. up to ₹66 Cr)
Lot Size
1,200 Shares
Listing Date
Tue, Oct 29, 2024
Latest GMP
₹6
Est. Gain
6%
✦ AI Insight
GMP Trend
29-10-2024₹6Est. ₹106+6%
28-10-2024₹6Est. ₹106+6%
27-10-2024₹6Est. ₹106+6%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 11.97x |
Restated Financials (₹ Cr.)
| 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 |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Premium Plast Ltd. | SME | ₹26.20 Cr | ₹49 | 14.11 | ₹48.90 | -0.20% | ₹42.00 (-0.12%) |
| Forge Auto International Ltd. | SME | ₹31.10 Cr | ₹108 | 12.98 | ₹109.35 | +1.25% | ₹88.70 (+4.97%) |
| Mandeep Auto Industries Ltd. | SME | ₹25.25 Cr | ₹67 | 10.15 | ₹65.35 | -2.46% | ₹20.15 (+4.40%) |
| Emmforce Autotech Ltd. | SME | ₹53.90 Cr | ₹98 | 33.5 | ₹195.51 | +99.50% | ₹175.65 (-1.15%) |
| Thaai Casting Ltd. | SME | ₹47.20 Cr | ₹77 | 25.99 | ₹195.15 | +153.44% | ₹125.20 (+9.82%) |
| New Swan Multitech Ltd. | SME | ₹33.11 Cr | ₹66 | 9.32 | ₹131.67 | +99.50% | ₹44.50 (-3.78%) |
| Kross Ltd. | Mainboard | ₹500.00 Cr | ₹240 | 28.93 | ₹259.81 | +8.25% | ₹187.27 (+0.56%) |
| ASK Automotive Ltd. | Mainboard | ₹833.91 Cr | ₹282 | 45.63 | ₹310.10 | +9.96% | ₹485.00 (+2.47%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding capital expenditure requirements towards purchase of machinery for our existing manufacturing facility (“Unit III”) at Chennai, Tamil Nadu. | 15.42 |
| 2 | Funding capital expenditure requirements towards purchase of machinery for our existing manufacturing facility (“Unit IV”) at Pune, Maharashtra | 15.17 |
| 3 | Funding working capital requirements of the Company | 16.66 |
| 4 | General Corporate Purposes | 12.19 |
About OBSC Perfection IPO
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 on
Contact Details
OBSC Perfection Ltd. Address6F, 6th Floor, M-6, Uppal PlazaJasola District CentreNew Delhi, New Delhi, 110025022-2697 2586abhishek@obscperfection.comVisit Website