OBSC Perfection SME IPO Details, Financials, Valuation & Peers
Explore OBSC Perfection IPO details, including IPO dates, financial statements, valuation, peer comparison and more.
Overview
OBSC Perfection Limited is a precision metal component manufacturer offering a diversified range of high-quality engineered products. The company caters primarily to Original Equipment Manufacturers (OEMs) in the automotive sector, supplying critical components to some of India’s top automotive companies. Expanding beyond the automotive industry, OBSC also serves manufacturers in defense, marine, and telecommunication infrastructure sectors. OBSC operates four strategically located manufacturing facilities in Pune, Maharashtra (Unit I, Unit II, and Unit IV), and Chennai, Tamil Nadu, enabling close collaboration with key customers in the automotive hubs of India. With an expanding portfolio of 24 products and advanced in-house capabilities, OBSC continues to enhance its presence across industries while ensuring operational efficiency through state-of-the-art CNC machinery.
Key Points:
- Core Business:
- Precision metal components manufacturer catering to top automotive OEMs.
- Also serves defense, marine, and telecommunication infrastructure sectors.
- Product Portfolio: Wide range of precision components including shafts, gears, connectors, housings, flanges, and fasteners.
- In-house Capabilities: Expertise in machining, turning, fabrication, and assembly processes. Advanced CNC machinery with multi-axis capabilities for higher precision and faster production times.
- Group Affiliation: Part of the Anglian Omega Group, which has interests in high-tech auto components, electric mobility, infrastructure, and sports.
Objects of the Issue
- Funding capital expenditure requirements towards purchase of machinery for the existing manufacturing facility (“Unit III”)
- Funding capital expenditure requirements towards purchase of machinery for our existing manufacturing facility (“Unit IV”)
- Funding working capital requirements of the Company
- General Corporate Purposes
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 22 Oct - 24 Oct 2024 |
| IPO Price Band | ₹95 - ₹100 per share |
| Fresh Issue | 66,02,400 shares |
| Offer For Sale | NIL |
| Total IPO Size | ₹66.02 crore |
| Face Value | ₹10 |
| Listing On | NSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 22 Oct 2024 |
| IPO Closing Date | 24 Oct 2024 |
| Basis Of Allotment | 25 Oct 2024 |
| Refunds | 28 Oct 2024 |
| Demat Transfer | 28 Oct 2024 |
| IPO Listing Date | 29 Oct 2024 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 | Aug 2024 |
|---|---|---|---|---|
| Total Income | 56.72 | 96.91 | 116.11 | 57.0 |
| Total Expenses | 52.40 | 90.60 | 99.68 | 48.90 |
| Net Profit/Loss | 3.60 | 4.57 | 12.21 | 6.03 |
| NPM (*) | 6.37 | 4.75 | 10.62 | 10.67 |
| Total Assets | 48.47 | 69.16 | 86.51 | 110.66 |
| Total Liabilities | 35.19 | 51.30 | 56.43 | 74.56 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 | Aug 2024 |
|---|---|---|---|---|
| EPS | 2.02 | 2.56 | 6.84 | 3.38 |
| ROE (%) | 27.11 | 25.61 | 40.61 | 16.70 |
| ROCE (%) | 18.45 | 20.07 | 31.49 | 11.83 |
| D/E Ratio | 1.43 | 1.87 | 1.38 | 1.38 |
| Current Ratio | 1.35 | 1.06 | 1.45 | 1.65 |
| EBITDA MARGIN (%) | 12.53 | 10.11 | 18.05 | 18.26 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | Revenue | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|---|
| OBSC Perfection Limited | 115.03 | 14.62 | 6.84 | 40.61 | 16.85 |
| RACL Geartech Limited | 409.52 | 26.58 | 36.54 | 19.24 | 189.96 |
| Talbros Automotive Component Limited | 778.27 | 17.78 | 17.82 | 20.47 | 87.02 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
IPO Reservation
| Investor Type | Shares Offered |
|---|---|
| Qualified Institutional Buyer (QIB) | Not more than 50% |
| Non-Institutional Investor (NII/HNI) | Not less than 15% |
| Retail Individual Investor (RII) | Not less than 35% |
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 10.2 |
| Non-Institutional Investor (NII/HNI) | 25.87 |
| Retail Individual Investor (RII) | 16.2 |
| Total | 16.56 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
Bigshare Services Private Limited
Phone: +91 22-62638200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Company Promoters
- SAKSHAM LEEKHA
- ASHWANI LEEKHA
- SANJEEV VERMA
- RAJNI VERMA
- ASHA NARANG
- SANDEEP NARANG
- RICHARD BLUM
- ADRIANNE BLUM
- PASCAL BLUM
- SIMON BLUM
- OMEGA BRIGHT STEEL AND COMPONENTS PRIVATE LIMITED
- OMEGA BRIGHT STEEL PRIVATE LIMITED
- ESS U ENTERPRISES PRIVATE LIMITED
- BLUWAT AG.
Lead Managers
- UNISTONE CAPITAL PRIVATE LIMITED
Company Address
OBSC Perfection Limited
6F, 6th Floor, M-6, Uppal Plaza, Jasola District Centre, South Delhi- 110025, India
Phone: 011-2697 2586
Email: abhishek@obscperfection.com
Website: www.obscperfection.com
FAQs
- What is the issue size of the OBSC Perfection SME IPO?The OBSC Perfection SME IPO has an issue size of ₹66.02 crore. This includes a fresh issue of 66,02,400 shares and an offer for sale (OFS) of NIL.
- What is the price band of the OBSC Perfection IPO?The price band for the OBSC Perfection IPO is ₹95 - ₹100 per share.
- What are the bidding dates for the OBSC Perfection IPO?The OBSC Perfection IPO will open for bidding on 22 Oct 2024 and close on 24 Oct 2024.
- What is the allotment date for the OBSC Perfection IPO?The allotment date for the OBSC Perfection IPO is 25 Oct 2024.
- What is the minimum lot size and investment required for the OBSC Perfection IPO?The minimum lot size for the OBSC Perfection IPO is 1200 shares and the minimum investment required is ₹1,20,000.
- What is the listing date for the OBSC Perfection IPO?The listing date for the OBSC Perfection IPO is 29 Oct 2024.
- What is the OBSC Perfection IPO grey market premium?The grey market premium (GMP) for the OBSC Perfection IPO is currently at ₹6, with an expected listing gain of approximately 6%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.