OBSC Perfection IPO subscription started on Tuesday, October 22, and will close on October 24 as per the schedule. The price band is set at ₹95 to ₹100 per share with a face value of ₹10.
OBSC Perfection IPO Subscription Status
OBSC Perfection IPO Subscribed over 16.56x on its last day till 05.00 PM on 24th October.
- OBSC Perfection IPO subscription QIB investors portion is 10.20x times, while NII subscribed 25.87x times and RII investors subscribed 16.20x times.
- The company has received bids for 7,26,78,000 shares against 43,89,600 shares on offer on the last day.
- OBSC Perfection IPO Subscribed over 16.56x on day 3.
- OBSC Perfection IPO Subscribed over 2.51x on day 2.
- OBSC Perfection IPO Subscribed over 0.76x on day 1.
About OBSC Perfection IPO
OBSC Perfection Limited was established on 17 March 2017 as a Manufacturer of precision metal components. OBSC Perfection provides a broad range of high-quality engineered parts for various customers. OBSC Perfection Limited produces a large variety of precision metal components, including but not limited to cut blanks, shafts/spline shafts, torsion rods, piston rods, rack bar semi-finished, pinion, drive shafts, gear shifters, cable end fittings, sensor boss, sleeves, push plate, hubs, housing – brass and aluminum, fork bolt, fasteners, connectors, ball pin, ball pin housing, flange, male-female ring, dozing adapter, housing for a diverse range of clients. Furthermore, they believe in offering a one-stop shop for customers across industries by providing in-house machining, turning, fabrication, and assembly capabilities that enable us to handle complicated components. They have seen a high increase in revenue from operations by 103.47% from ₹ 5,653.41 lakhs in the financial year 2022 to ₹ 11,503.03 lakhs in the financial year 2024.
OBSC Perfection IPO Company Financial Report
The company reported revenue of ₹116.11 crores in 2024 against ₹96.91 crores in 2023. The company reported a profit of ₹12.21 crores in 2024 against a profit of ₹4.57 crores in 2023.
OBSC Perfection IPO GMP:
OBSC Perfection IPO GMP was ₹25 as of Thursday, October 24. That indicates the IPO is trading at ₹125 with ₹25 premium in the grey market against the issue price of ₹100.
