OBSC Perfection IPO

OBSC Perfection IPO

listed
₹1.14LMin. investment
  1. Bid start
    22 Oct
  2. Bid end
    24 Oct
  3. Allotment
    24 Oct
  4. Release of funds
    28 Oct
  5. Demat transfer
    25 Oct
  6. Listing
    29 Oct

About OBSC Perfection IPO

Price range₹95.00 – ₹100
IPO type
SME
Lot size1200 shares
Issue size₹66.02Cr

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 .

Frequently asked questions

How to invest in the IPO?

Investors can apply for the IPO through their Demat account via the stock exchange or through their broker.

What is the issue size of OBSC Perfection IPO ?

The issue size of the OBSC Perfection IPO is 66.02 Cr.

What is 'pre-apply' for OBSC Perfection IPO ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will OBSC Perfection IPO shares list on?

The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.