OBSC Perfection Ltd - IPO

OBSC Perfection Ltd IPO Details

Initial public issue of up to 66,02,400* equity shares of face value of Rs. 10 each (Equity Shares) of OBSC Perfection Limited (Company) for cash at a price of Rs. 100 per equity share (including a share premium of Rs. 90 per equity share) (Issue Price) aggregating up to Rs. 66.02 crores of which up to 3,33,600 equity shares of face value of Rs. 10 each for cash at a price of Rs. 100 per equity share including a share premium of Rs. 90 per equity share aggregating to Rs. 3.34 crores was reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. net issue of 62,68,800 equity shares of face value of Rs. 10 each at a price of Rs. 100 per equity share aggregating to Rs. 62.68 crores is herein after referred to as the Net Issue. The issue and the net issue would constitute 27.00% and 25.64% respectively of the post issue paid up equity share capital of the company.

Objective of issue

Funding capital exp requirements towards purchase of machinery for its existing mfg facility (Unit III). Funding capital expenditure requirements towards purchase of machinery for its existing mfg facility (Unit IV) at. Funding working capital requiremnts of the company. General corporate purposes.

OBSC Perfection Ltd Contact Details

OBSC Perfection Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - ig@obscperfection.com

Website - www.obscperfection.com