What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the estimated listing price for OBSC Perfection Limited IPO?

Based on the upper price band of ₹100 and current GMP of ₹6, the estimated listing price is ₹106 (approx. 6.0% gain).

What is the expected profit per lot for OBSC Perfection Limited IPO?

With a lot size of 1200 shares and current GMP of ₹6, expected profit per retail application lot is approximately ₹7,200.

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Grey Market Intelligence

OBSC Perfection Limited

ListedSME

Consumer Discretionary · NSE

Founded in 2017, OBSC Perfection Limited is a manufacturer of precision metal components that produces a wide range of high-quality engineering products for different industries and regions. The company makes various parts such as shafts, piston rods, gear shifters, fasteners, connectors, and many other metal components, with a total of 24 products as of July 2024. OBSC Perfection mainly serves Original Equipment Manufacturers (OEMs) that supply parts to top automobile makers in India, while also catering to clients in defense, marine, and telecom sectors. The company operates four manufacturing units—three in Pune, Maharashtra, and one in Chennai, Tamil Nadu—both key automotive hubs in India.

Price Band

₹95 – ₹100

Issue Size

₹66.02 Cr

Lot Size

1200 shares

GMP

₹6

+6.0%

Est. Listing

₹106

at current GMP

Subscribed

16.63x

overall

Open

22 Oct 2024

24 Oct 2024

Allotment

25 Oct 2024

Refund

26 Oct 2024

Demat Credit

27 Oct 2024

Listing

29 Oct 2024

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

OBSC Perfection Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹6+6.0%

Issue Price (Upper)

₹100

Band: ₹95 – ₹100

Estimated Listing Price

₹106

Upper price + GMP

Lot Size

1200 shares

Min investment ₹1,20,000

Estimated Profit / Lot

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹6	6.0%	₹106
30 Oct 2026	+₹6	6.0%	₹106
29 Oct 2026	+₹5	5.4%	₹105

About OBSC Perfection Limited Public Issue & Market Profile

OBSC Perfection Limited is bringing an initial public offering (IPO) in the Consumer Discretionary sector with an aggregate issue size of ₹66.02 Crores. The shares are offered at a price band of ₹95 to ₹100 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.

Public Issue & Pricing Context:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Basis of Allotment & Listing Timeline:

Following the close of bidding on 2024-10-24, the basis of allotment is scheduled to be finalized on 2024-10-25. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is OBSC Perfection Limited IPO GMP today?

The latest grey market premium for OBSC Perfection Limited IPO is ₹6, which indicates an expected listing price of ₹106.

What does Kostak Rate and Sauda mean in IPO GMP?

Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.

Is Grey Market Premium officially recognized?

No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.