Issue Price
₹95- ₹100
per equity share
Issue Size
47.23 lakhs
equity share
Face Value
₹ 10
per equity share
Market Lot
1200
equity share
Please note
Listing at NSE
OBSC Perfection Limited
Important Dates
IPO Open Date
22 Oct 2024
IPO Close Date
24 Oct 2024
Allotment Date
25 Oct 2024
Initiation of Refunds
28 Oct 2024
Credit of Shares to Demat Account
28 Oct 2024
IPO Listing Date
29 Oct 2024
UPI Mandate Expiry Date
24 Oct 2024
IPO Details
OBSC Perfection IPO subscription opens from Tuesday, October 22, 2024, and closes on Thursday, October 24, 2024. It is a book-built issue of worth up to Rs 66.02 crores equity shares. This upcoming IPO is an entirely fresh issue of 66.02 lakh equity shares. OBSC Perfection IPO price band is Rs 95 to Rs 100 per share. The minimum lot size set for the retail category is 1200 shares. The minimum lot size requirement for the HNI category is 2 lots consisting of 2400 shares. The minimum amount required for retail investors is Rs 1,20,000 (100 x 1200 shares). However, for the HNI category, the minimum investment amount required is Rs 2,40,000 (100 x 2400 shares). OBSC Perfection IPO allotment is expected to be finalised on Friday, October 25, 2024. The listing will be on the NSE SME platform on Tuesday, October 29, 2024. Currently, OBSC Perfection's IPO GMP is Rs 0, which indicates that the listing price is expected to be near Rs 100 per share.
Don't let another opportunity slip away. Check your IPO status now!
Check Allotment StatusAbout OBSC Perfection Limited
OBSC Perfection Limited, established in 2017, is a precision metal components manufacturer offering a diverse range of high-quality engineered products. Its portfolio includes 24 precision metal components such as shafts, piston rods, gear shifters, fasteners, connectors, and more. The company primarily serves Original Equipment Manufacturers (OEMs) that supply components to leading automotive companies in India, as well as non-automotive sectors like defense, marine, and telecom infrastructure. With four manufacturing facilities in Pune and Chennai, OBSC Perfection leverages its proximity to raw material suppliers, ensuring efficiency in the supply chain. Backed by an experienced management team, the company boasts a strong growth record and employs 85 permanent staff as of July 2024.
Parent Organisation
-
Founded
2017
Managing Director
Saksham Leekha, Ashwani Leekha, Sanjeev Verma, Rajni Verma, Asha Narang, Sandeep Narang, Richard Blu
IPO Objectives
The company proposes to utilize the net proceeds from the issue for the following purposes: funding capital expenditure for the purchase of machinery for the expansion of existing manufacturing facilities at Unit III in Tamil Nadu and Unit IV in Maharashtra, funding the company's working capital requirements, and general corporate purposes.
How to apply for IPO
- Login to your Bigul account and select the issue in the current IPO section
- Enter the number of lots and price at which you wish to apply for
- Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
- You will receive a mandate notification to block funds in your UPI app
- Approve the mandate request on your UPI and funds will be blocked
Open Demat Account in 5 Minutes
Keep these documents ready
PAN Card | Aadhaar Card | Bank Account Number
Close