OBSC Perfection Limited is launching its initial public offering (IPO) from October 22 to October 24, 2024. The IPO aims to raise between INR 62.72 crore and INR 66.02 crore, with shares priced between INR 95 and INR 100 each. Investors can bid in a minimum lots of 1,200 shares. The shares will be listed on the NSE SME on October 29, 2024.
Key Information:
- Face Value: ₹10 per share
- Price Band: ₹95 to ₹100 per share
- Lot Size: 1,200 shares
- Total Issue Size: 6,602,400 shares (aggregating up to ₹66.02 crore)
- Issue Type: Book Built Issue IPO
Company Overview:
Founded on March 17, 2017, OBSC Perfection Limited specializes in manufacturing precision metal components. The company primarily serves leading original equipment manufacturers (OEMs) that supply parts to major automobile manufacturers in India. While the automotive sector is its primary revenue source, OBSC Perfection also caters to industries such as defense, maritime, and telecommunication infrastructure.
Financial Highlights:
For the fiscal year ending March 31, 2024, OBSC Perfection reported a 20% increase in revenue and a remarkable 167% increase in profit after tax (PAT) compared to the previous year.
FY 2024 Financials:
- Assets: ₹11,066.37 lakh
- Revenue: ₹5,700.15 lakh
- Profit After Tax: ₹603.05 lakh
- Net Worth: ₹3,610.15 lakh
- Return on Equity (ROE): 40.61%
- Return on Capital Employed (ROCE): 31.49%
- Debt/Equity Ratio: 1.38
- Return on Net Worth (RoNW): 40.61%
- Price to Book Value (P/BV): 5.93
- PAT Margin: 10.62%
Product Range:
OBSC Perfection offers a diverse range of high-quality precision metal components, including:
- Cut blanks
- Shafts/spline shafts
- Torsion rods
- Piston rods
- Gear shifters
- Fasteners
- Connectors
- And many more.
Disclaimer:
This document is for informational purposes only and does not constitute an offer or solicitation to buy or sell any securities. The information provided regarding OBSC Perfection Limited’s IPO is based on publicly available sources and is subject to change. Potential investors are advised to conduct their own research and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results, and investments in securities involve risks, including the loss of principal. The company and its affiliates are not responsible for any losses or damages arising from reliance on this information.
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