OBSC Perfection Limited is launching an IPO for 66.02 lakh shares worth INR 66.02 crores to fund capital expenditure, working capital, and general corporate purposes.
Open Date : October 22, 2024 Close Date : October 24, 2024 Allotment Date: October 25, 2024 Listing Date: October 29, 2024
IPO Price: INR 95-100 per share Lot Size: 1200 Shares Total Issue Size: INR 66.02 crores
OBSC Perfection IPO shows mixed performance: 1. 19% revenue growth from FY2023 to FY2024. 2. Stable performance expected in FY2025. 3. Profitability doubled in FY2024. 4. Moderate increase in expenses and liabilities. 5. Improved equity and NAV; rising liabilities need monitoring.
1. OBSC Perfection Limited: lowest revenue at ₹11,503.03 lakhs, RoNW of 40.61%. 2. Talbros Automotive: highest revenue at ₹77,826.68 lakhs. 3. RACL Geartech: RoNW of 19.24%, EPS of ₹36.54.
OBSC Perfection IPO Objective: 1. INR 30.59 crores for expanding Units III and IV. 2. INR 16.66 crores for working capital needs. 3. Remaining funds operations, project development, and marketing.
OBSC Perfection IPO Risks: 1. Business relies on the automotive industry; downturns may hurt finances. 2. 71% of revenue from the west zone; market issues could impact growth. 3. Contract worker reliance poses operational risks