OBSC Perfection IPO

Established in 2017, OBSC Perfection Limited is a precision metal components manufacturer offering a wide range of precision engineering products, which are high-quality engineered parts for various end-user industries and regions. OBSC Perfection manufactures a range of precision metal components including but not limited to cut blanks, shafts/splines, torsion bars, piston rods, rack bar semi-finished products, pinions, drive shafts, gear shifters, cable end fittings, sensor boss, sleeves, push plate, hubs, housings; brass and aluminum, fork bolt, fasteners, connectors, ball pin, ball pin housing, flanges, male-female rings, dozing adapter. As of July 23, 2024, the company has a product portfolio of 24 products. OBSC Perfection caters to Original Equipment Manufacturers (OEMs) who ultimately supply various components and parts to leading automobile manufacturers in India. In the non-automotive sector, the company supplies manufacturers in the defense, marine, and telecom infrastructure sectors. The company has four manufacturing facilities, three of which are located in Pune, Maharashtra, a major automotive hub, namely Unit I (main manufacturing facility), Unit II, Unit IV, and one in Chennai, Tamil Nadu, another major automotive hub. Competitive strengths Production facilities in two of the most important automotive centers in India Strategic advantage through close supply chain with neighboring raw material suppliers Consistent track record of growth and financial performance Experienced and dedicated promoter and professional management team with extensive expertise As of July 12, 2024, the company had 85 permanent employees.

The Company proposes to utilize the Net Proceeds from the Issue towards funding the following objects: Funding capital expenditure requirements towards the purchase of machinery for the existing manufacturing facility (“Unit III”) at No. 126, Mappedu Village, Sriperumbudhur Taluka-Mappedu, Thiruvallur631402, Tamil Nadu, India. (“Proposed Expansion at Unit III”); Funding capital expenditure requirements towards the purchase of machinery for the 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”); Funding working capital requirements of the Company; and General Corporate Purposes.

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