
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
+6.0%
Est. Listing
₹106
at current GMP
Subscribed
16.63x
overall
Open
22 Oct 2024
Close
24 Oct 2024
Allotment
25 Oct 2024
Refund
26 Oct 2024
Demat Credit
27 Oct 2024
Listing
29 Oct 2024
Overall Subscription
16.63x
Total Demand
QIB Multiplier
10.21x
Institutions & Funds
NII / HNI
26.21x
High Net-Worth
Retail (RII)
16.19x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 1,254,000 | 12,808,800 | 10.21x |
| NIB | 940,800 | 24,662,400 | 26.21x |
| RETAIL | 2,194,800 | 35,544,000 | 16.19x |
| Total | 4,389,600 | 73,015,200 | 16.63x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 17 | 0.00x |
| NIB | — | 2,236 | 0.00x |
| RETAIL | — | 29,620 | 0.00x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
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.
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.
The latest Grey Market Premium (GMP) for OBSC Perfection Limited IPO is ₹6 per equity share. Based on the upper price band of ₹95 to ₹100 per equity share, the estimated listing price is ₹106 (+6.0% expected listing gain).
With a lot size of 1200 shares and current GMP of ₹6, the expected profit per application lot is approx ₹7,200 (+6.0% gain). Minimum application cost is approx ₹1,20,000.
The OBSC Perfection Limited IPO aggregate issue size is ₹66.02 Crores with an equity price band set at ₹95 to ₹100 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,20,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 16.63x (Retail: 16.19x, QIB: 10.21x, NII: 26.21x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2024-10-25. Investors can verify status using PAN card or application number.
OBSC Perfection Limited shares are scheduled to list on NSE on 2024-10-29.