OBSC Perfection IPO Logo

OBSC Perfection IPO

OBSCP

95-100

per share
Bidding Dates
22-24 Oct
Min. Investment
₹1,14,000.00
Lot Size
1200 shares
Issue Size
₹66.02 Cr
IPO Timeline
Bidding starts
22 Oct ‘24
Bidding ends
24 Oct ‘24
Allotment finalisation*
25 Oct ‘24
Refund initiation*
28 Oct ‘24
Demat transfer
28 Oct ‘24
Listing
29 Oct ‘24
* Refund is a 7-10 days process. If you don’t get refund then please contact your bank.

About OBSC Perfection IPO

Established in 2017, OBSC Perfection Limited is a leading manufacturer of precision metal components, dedicated to delivering high-quality engineered parts across diverse industries. Primarily serving top original equipment manufacturers (OEMs) in India's automotive sector, the company is also expanding its footprint in the defense, marine, and telecommunication infrastructure markets. This strategic diversification not only enhances OBSC's growth potential but also positions it to leverage its existing expertise in new sectors. Currently, the majority of its business is derived from automotive clients, but ongoing efforts aim to increase contributions from non-automotive industries.

The company operates four strategically located manufacturing facilities, with three in Pune, Maharashtra, and one in Chennai, Tamil Nadu. This geographic advantage ensures proximity to key automotive OEMs, facilitating streamlined logistics and faster response times. OBSC's commitment to maintaining close collaborations with clients enables efficient fulfillment of orders, fostering strong partnerships that are essential for long-term success. The company’s diverse product portfolio includes 24 precision components, showcasing its capability to meet a wide range of customer needs.

As part of the Anglian Omega Group, OBSC benefits from a rich history of operational excellence since its establishment in 1969. The group's extensive experience across various sectors, combined with strong leadership, drives OBSC's ongoing development and innovation. With a management team well-versed in precision engineering, the company is well-positioned to navigate industry challenges and pursue growth strategies effectively. This foundation of expertise and commitment to quality enables OBSC to serve its customers with unmatched reliability and precision in the competitive landscape of metal component manufacturing.

OBSC Perfection Limited  prepares for its Initial Public Offering (IPO), the proceeds from the Fresh Issue will be allocated towards critical objectives

  1. Funding capital expenditure requirements towards purchase of machinery for their existing manufacturing facility at Mappedu Village, Tamil Nadu, India. 
  2. Funding capital expenditure requirements towards purchase of machinery for their existing manufacturing facility at Pune, Maharashtra, India.
  3. Funding working capital requirements of the Company.
  4. General Corporate Purposes .

IPO analysis

Registrar information
Name
Bigshare Services Pvt Ltd
Phone number
91-22-6263 8200
Email ID
ipo@bigshareonline.com

Interested in investing in an IPO?

Open free Demat + trading account and join our 1 crore+ successful users.
Already have an account with Upstox?
Login