OBSC Perfection Limited IPO GMP

OBSC Perfection is a precision metal component manufacturer offering a diversified suite of precision engineering products which are high-quality engineered parts across end-user industries and geographies. They primarily cater to top OEMs who ultimately supply various components and parts to top automotive manufacturing companies of India.

OBSC Perfection, an Book Built Issue amounting to ₹66.02 Crores, consisting entirely an Fresh Issue of 66.02 Lakh Shares. The subscription period for the OBSC Perfection IPO opens on October 22, 2024, and closes on October 24, 2024. The allotment is expected to be finalized on or about Friday, October 25, 2024, and the shares will be listed on the NSE SME with a tentative listing date set on or about Tuesday, October 29, 2024.

The Share price band OBSC Perfection IPO is set at ₹95 to ₹100 equity per share, with a minimum lot size of 1,200 shares. Retail investors are required to invest a minimum of ₹1,20,000, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (2,400 shares), amounting to ₹2,40,000.

UNISTONE CAPITAL PRIVATE LIMITED is the book-running lead manager and BIGSHARE SERVICES PRIVATE LIMITED is the registrar for the Issue. R. K. Stock Holding Private Limited will act as Market Maker for the OBSC Perfection IPO.

OBSC Perfection Limited IPO GMP Today
The Grey Market Premium of OBSC Perfection Limited IPO is expected to be ₹0 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

OBSC Perfection Limited IPO Live Subscription Status Today: Real-Time Updates
As of 06:17 PM on 24 October 2024, the OBSC Perfection IPO live subscription status shows that the IPO subscribed 15.46 times on its Final day of subscription period. Check the OBSC Perfection IPO Live Subscription Status Today at NSE.

OBSC Perfection Limited IPO Anchor Investors Report
OBSC Perfection Exports has raised ₹18.79 Crore from Anchor Investors at a price of ₹110 per shares in consultation of the Book Running Lead Managers. The company allocated 18,79,200 equity shares to the Anchor Investors. Check Full list of OBSC Perfection Anchor Investors List.

Note:- Equity Shares allotted to Anchor Investors (if any) are allotted from Qualified Institutional Buyers (QIBs) reservation portion.
Note:- The Number of shares offered shown IPO subscription section table is calculated at the lower end of the price band and Number of shares calculated in IPO details table section is calculated at upper end of the price band in case of Book Building Issue, so there can be difference. This is because we assume shares will be issued by the company at upper band as Anchor Investors also subscribe at upper band and shares will be issued at lower band only if in case of undersubscription of IPO.
Note:- Market Maker portion (if any) are not shown separately in subscription table and included in NIIs reservation portion.

OBSC Perfection Limited IPO Allotment Date - Step by Step Guide to Check Allotment Status Online 
OBSC Perfection IPO allotment date is 25 October, 2024, Friday. OBSC Perfection IPO Allotment will be out on 25th October 2024 and will be live on Registrar Website from the allotment date. Check OBSC Perfection Limited IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select OBSC Perfection Limited IPO from the dropdown list of IPOs.
- Enter your application number, PAN, or DP Client ID.
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of OBSC Perfection Limited IPO
OBSC Perfection Issue Proceeds from the Fresh Issue will be utilized towards the following objects : 
1. ₹1,542.00 Lakhs will be used for Funding capital expenditure requirements towards purchase of machinery for their existing manufacturing facility (“Unit III”) at No. 126, Mappedu Village, Sriperumbudhur Taluka-Mappedu, Thiruvallur631402, Tamil Nadu, India. (“Proposed Expansion at Unit III”) 
2. ₹1,517.00 Lakhs will be used for Funding capital expenditure requirements towards purchase of machinery for their existing manufacturing facility (“Unit IV”) at Gat no. 417, Nighoje, Near Hotel Maha Laxmi and Mess, Nighoje, Chakan, Taluka-Khed, Pune-410501, Maharashtra, India. (“Proposed Expansion at Unit IV”) 
3. ₹1,666.00 Lakhs will be used for Funding working capital requirements of the Company; and 
4. General Corporate Purposes

Refer to OBSC Perfection Limited RHP for more details about the Company.