OBSC Perfection Ltd

OBSC Perfection Ltd IPO

OBSC Perfection Ltd IPO Price Range is ₹95 - 100, with a minimum investment of ₹1,20,000 for 1200 shares.

₹1,20,000

/ 1200 shares

Minimum Investment

View OBSC Perfection Ltd IPO details including price range, minimum investment, lot size, financials, and IPO timeline. Get subscription updates, peer comparison, and key insights to help you make an informed decision.

IPO Status

Closed

Price Band

₹95 - 100

Open Date

2024-10-22

Close Date

2024-10-24

IPO Size

₹66.02 Cr

Lot Size

1200 shares

Min Investment

₹1,20,000

Listing Exchange

NSE

OBSC Perfection Ltd IPO Application Timeline

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

Strengths and Risks

Strengths

Strengths

  • 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.


Risks

Risks

  • 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.

How to Apply for OBSC Perfection Ltd IPO on INDmoney

1

Download the INDmoney app and complete your KYC to open an account.

2

Go to the INDstocks section and tap on IPO, or search for ‘IPO’.

3

Select OBSC Perfection Ltd IPO from the list of live IPOs.

4

View key details like price band, lot size, and dates, then tap ‘Apply Now’.

5

Choose the number of lots and place your order via UPI.

6

Your funds will be blocked until the share allotment is finalized.

About OBSC Perfection Ltd

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.

Frequently Asked Questions of OBSC Perfection Ltd IPO

What is the size of the OBSC Perfection Ltd IPO?

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

What is the allotment date of the OBSC Perfection Ltd IPO?

OBSC Perfection Ltd IPO allotment date is Oct 25, 2024 (tentative).

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

The OBSC Perfection Ltd IPO will open on Oct 22, 2024 and close on Oct 24, 2024

What is the lot size of OBSC Perfection Ltd IPO?

The lot size for the OBSC Perfection Ltd IPO is 1200.

When will my OBSC Perfection Ltd IPO order be placed?

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

Can we invest in OBSC Perfection Ltd IPO?

Yes, once OBSC Perfection Ltd IPO opens, you can invest in the shares of the company.

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.

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.