OSBC Perfection IPO

OBSC Perfection Ltd

₹1,14,000 /1200 sharesMinimum Investment

OSBC Perfection IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
22 Oct ‘24 - 24 Oct ‘24₹1,14,0001,200₹95 - ₹100
Issue SizeIPO Doc
66.02Cr
RHP PDF

Subscription rate

As of 22 Oct'24, 06:00 PM
Qualified Institutional Buyers0x
Non-Institutional Investor0x
Retail Individual Investor0x
Total0.692581300813008x

About OSBC Perfection

OBSC Perfection is a manufacturer of precision metal components, serving primarily as a supplier to original equipment manufacturers (OEMs), who deliver parts to India's automotive industry. The company also provides products to sectors including defence, marine, and telecommunications infrastructure. The company operates from four manufacturing facilities, three of which are located in Pune, Maharashtra, and one in Chennai, Tamil Nadu. The company’s product portfolio consists of 24 items, including cut blanks, shafts, spline shafts, torsion rods, piston rods, rack bars (semi-finished), pinions, drive shafts, gear shifters, cable end fittings, sensor bosses, sleeves, push plates, hubs, and various housing components made from brass and aluminium. The company also produces fork bolts, fasteners, connectors, ball pins, ball pin housings, flanges, male-female rings, and dozing adapters.;
Founded in
2017
Managing director
Mr. Saksham Leekha
Parent organisation
OBSC Perfection Ltd

Strengths & Financials of OSBC Perfection

Strengths
Risks
OBSC Perfection operates from two auto hubs in India—Pune and Chennai. The company claims that this strategic locational advantage enables quicker communication, faster order fulfilment, and more efficient problem resolution during production.
The company claims to benefit from being co-located with Omega Bright Steel & Components Private Limited, a related promoter group entity, and its primary supplier of high- and low-carbon steel bright bars. This arrangement ensures a consistent supply of high-quality raw materials, which are crucial for manufacturing.
OBSC Perfection is ISO 9001:2015 certified for quality management systems in the manufacturing of precision machined components, such as pistol rods, shafts, connectors, cable end fittings, studs, bushes, and rings. Additionally, the company has received the IATF Standard 16949:2016 (quality management standard for the automotive industry) certification for the same range of products.
The company has recorded a consistent rise in revenue from operations and profit after tax (PAT) over the last few years. Revenue from operations increased from Rs 56.53 crore in FY22 to Rs 96.36 crore in FY23 to Rs 115.03 crore in FY24, while PAT increased from Rs 3.60 crore in FY22 to Rs 4.57 crore in FY23 to Rs 12.21 crore in FY24.

OSBC Perfection Financials

*All values are in Rs. Cr
No Graph Data To Display

Application Details of OSBC Perfection IPO

Apply asPrice bandApply upto
Regular95 - 100₹2 Lakh
High Networth Individual95 - 100₹2 - 5 Lakh
For OSBC Perfection IPO, eligible investors can apply as Regular.
ⓒ 2016-2024 Groww. All rights reserved, Built with in India
MOST POPULAR ON GROWWVERSION - 5.4.9
STOCK MARKET INDICES:  S&P BSE SENSEX |  S&P BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
MUTUAL FUNDS COMPANIES:  GROWWMF |  SBI |  AXIS |  HDFC |  UTI |  NIPPON INDIA |  ICICI PRUDENTIAL |  TATA |  KOTAK |  DSP |  CANARA ROBECO |  SUNDARAM |  MIRAE ASSET |  IDFC |  FRANKLIN TEMPLETON |  PPFAS |  MOTILAL OSWAL |  INVESCO |  EDELWEISS |  ADITYA BIRLA SUN LIFE |  LIC |  HSBC |  NAVI |  QUANTUM |  UNION |  ITI |  MAHINDRA MANULIFE |  360 ONE |  BOI |  TAURUS |  JM FINANCIAL |  PGIM |  SHRIRAM |  BARODA BNP PARIBAS |  QUANT |  WHITEOAK CAPITAL |  TRUST |  SAMCO |  NJ

ABOUT GROWW