Fri Oct 25 07:59:22 UTC 2024: Here are the important points from the news article regarding OBSC Perfection Limited’s upcoming IPO:

– **Company Overview**: OBSC Perfection Limited is a precision metal components manufacturer established in 2017. It specializes in high-quality engineered precision metal components for various industries, including Automotive, Defense, Marine, and Telecom.

– **IPO Details**:
– **Opening Date**: October 22, 2024
– **Closing Date**: October 24, 2024
– **Subscription Size**: 6,602,400 equity shares
– **Price Band**: Rs95 to Rs100 per share
– **Minimum Investment**: Rs120,000 (for a minimum lot size of 1,200 shares)
– **Expected Allotment Date**: October 25, 2024
– **Listing Date**: October 29, 2024, on the NSE SME platform.

– **Financial Goals**: The IPO aims to raise Rs66.02 crores through a fresh issue of equity shares.

– **Investor Allocation**:
– Up to 50% for Qualified Institutional Buyers (QIBs)
– At least 35% for Retail Individual Investors
– At least 15% for Non-Institutional Investors (HNI).

– **Financial Performance**: For FY 2024, OBSC reported:
– **Revenue**: Rs116.11 crores
– **Profit After Tax**: Rs12.21 crores
– **PAT Margin**: 10.62%
– **Net Worth (as of August 2024)**: Rs36.10 crores.
– The company has seen a significant growth rate of over 26% CAGR from FY22 to FY24.

– **Market and Manufacturing**: OBSC Perfection operates three manufacturing facilities in Pune and one in Chennai, and has an order book valued at INR 359 crores.

– **Management and Group**: OBSC Perfection is part of the Anglian Omega Group, which has a 50-year history in various sectors including electric mobility and supply chain management.

– **Management Team**: The company is led by a seasoned management team with expertise in steel, auto components, and precision engineering.

– **Investment Management**: Unistone Capital Pvt Ltd is the book-running lead manager for the IPO, while Bigshare Services Pvt Ltd is the registrar, and R.K. Stock Holding Pvt Ltd is the market maker.

This structured summary encapsulates the key information about OBSC Perfection Limited’s upcoming IPO and relevant financial details.

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