OBSC Perfection Ltd

OBSC Perfection Ltd IPO

IPO Price Range: ₹95 - 100

We are a precision metal component manufacturer offering a diversified suite of precision engineering products which are high-quality engineered parts across end-user industries and geographies. We primarily cater to top original equipment manufacturers (OEMs) who ultimately supply various components and parts to top automotive manufacturing companies of India. In non-automotive sector, we cater to manufacturers of Defense, Marine & Telecommunication Infrastructure industries. At present, our core expertise lies in serving the automotive industry i.e. supplying OEMs, however, were actively expanding our reach beyond automotive, leveraging our capabilities to develop a strong presence in defense, marine, and telecommunication infrastructure sectors. As a result of which, currently, majority of our business comes from auto industry and defense, marine, and telecommunication infrastructure sectors forms a small portion of our business. We largely supply to our domestic customers, however, we have an international presence also through export sales.

Min Investment

₹1,20,000

IPO Size

₹66 Cr

IPO Status

Closed

Quantity in 1 Lot

1200

Max Bid allowed

1

Listing Exchange

NSE

IPO Application Timeline of OBSC Perfection Ltd

Open Date22 Oct 2024
Close Date24 Oct 2024
Allotment Date25 Oct 2024
Listing Date29 Oct 2024

Key Statistics

Bid Opening DateBid Opening Date22 Oct 2024
Bid Closing DateBid Closing Date24 Oct 2024
Allotment DateAllotment Date25 Oct 2024
Issue SizeIssue Size₹66.02Cr
Quantity in 1 lotQuantity in 1 lot1200

Strength and risks

Strength

Strength

  • Manufacturing facilities situated at two of the most prominent auto hubs of India.

  • Strategic advantage through streamlined supply chain with adjacent raw material supplier.

  • Qualified employee base and proven management team.

  • Consistent financial performance.


Risk

Risk

  • Its business largely depends upon the companys top 10 customers which contributed 70.10%, 64.66% and 66.34% in the Fiscal 2024, 2023 and 2022. The loss of any of these customers could have a material adverse effect on its business, financial condition, results of operations and cash flows.

  • Its business is dependent on the performance of the automotive industry. Economic cyclicalitycoupled with reduced demand in these other industries, in India or globally, could adversely affect its business, results of operations and financial condition.

  • The Company is dependent on a domestic market for its sales and any downturn in it could reducethe company sales.

  • Its business and profitability are substantially dependent on the availability and cost of its rawmaterials and any disruption to the timely and adequate supply or volatility in the prices of rawmaterials may adversely impact its business, results of operations, cash flows and financialcondition.

  • The company does not have long-term agreements with its suppliers for raw materials and an inability to procure the desired quality, quantity of its raw materials in a timely manner and at reasonable costs, or at all, may have a negative impact on its business, results of operations, financial condition and cash flows.

  • Its three manufacturing facilities are located in Pune, Maharashtra and Thiruvallur, Tamilnaduwhich exposes its operations to potential risks arising from local and regional factors such asadverse social and political events, weather conditions and natural disasters.

  • A significant portion of its domestic sales are derived from the West zone and South zone, any adverse developments in this market could adversely affect its business.

  • Its may faces several risks associated with the proposed expansion of its manufacturing units, which could hamper the company growth, prospects, cash flow its business and financial condition.

  • Its Restated Financial Statements are Prepared and Signed by the Peer Review Auditors who is notStatutory Auditors of the Company as required under the provisions of ICDR.

  • The company has significant working capital requirements for its smooth day to day operations of business and discontinuance or its inability to acquire adequate working capital timely and on favorable terms may have an adverse effect on its operations, profitability and growth prospects.

Promoters Holding

Investors Holdings %
Omega Bright & Steel Component50%
Ashwani Leekha25%
Saksham Leekha20.1%
Sakshi Leekha4.9%
Aarush Leekha0%

About OBSC Perfection Ltd

OrganisationOBSC Perfection Ltd
HeadquartersDelhi
IndustryAuto Ancillaries

Frequently Asked Questions

  • What is the size of the OBSC Perfection Ltd IPO?

    The size of the OBSC Perfection Ltd IPO is ₹66.02Cr .

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

    'Pre-apply' for OBSC Perfection Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.

  • When will my OBSC Perfection Ltd IPO order be placed?

    Your OBSC Perfection Ltd IPO order will be placed on 22 Oct 2024.

  • What are the open and close dates of the OBSC Perfection Ltd IPO?

    The open and close dates of the OBSC Perfection Ltd IPO are 22 Oct 2024 to 24 Oct 2024.

  • What is the lot size and minimum order quantity of the OBSC Perfection Ltd IPO?

    The lot size and minimum order quantity of the OBSC Perfection Ltd IPO are 1200 and 1200 respectively.

  • What would be the listing gains on the OBSC Perfection Ltd IPO?

    The potential listing gains on the OBSC Perfection Ltd IPO will depend on various market factors and cannot be predicted with certainty.