The much-anticipated OBSC Perfection IPO allotment is finalized today, October 25, marking the final step in the IPO journey for investors eager to know their status. The IPO, which closed on October 24, saw a strong subscription rate, further fueled by positive grey market premium (GMP) movements.
Allotment Status: How to Check on Bigshare and NSE
Investors can now check the OBSC Perfection IPO allotment status on the Bigshare Services website or through the NSE portal. Here’s a step-by-step guide:
- On Bigshare Services Portal:
- Visit Bigshare’s IPO status link.
- Select “OBSC Perfection IPO” from the dropdown.
- Enter your PAN Number, Beneficiary ID, or Application No.
- Click “Search” to view your allotment status.
- On NSE Portal:
- Visit NSE’s IPO allotment page.
- Select “OBSC Perfection IPO” and log in using PAN details.
- Verify the captcha and click “Submit” to check status.
Grey Market Premium (GMP): Steady but Cautious Optimism
According to market analysts, OBSC Perfection shares were trading at a GMP of ₹8 as of today. Although this premium is relatively conservative compared to other recent IPOs, it reflects positive sentiment among grey market investors.
OBSC Perfection IPO GMP Analysis
| IPO Issue Price | Grey Market Premium | Expected Listing Price | Premium (%) |
|---|---|---|---|
| ₹100 | ₹8 | ₹108 | 8% |
Financial Overview and Subscription Details
The OBSC Perfection IPO attracted strong interest, receiving 16.56 times subscription by the close of bidding, showing significant interest across investor categories. With plans to list on the NSE SME platform, the IPO provides a unique opportunity for investors looking to enter the small and medium enterprise (SME) market segment.
OBSC Perfection IPO Subscription Summary
| Investor Category | Subscription (Times) |
|---|---|
| Retail | 11.23 |
| NII | 3.57 |
| QIB | 1.76 |
IPO Details and Listing Date
OBSC Perfection Ltd, focused on [insert industry if known], launched its IPO with shares priced at ₹100 per share. The company aims to use the proceeds from the IPO for business expansion, debt repayment, and strengthening its balance sheet. The shares are set to be credited to investors’ demat accounts on October 28, with the listing date scheduled for October 29.
Key Dates for OBSC Perfection IPO
| Event | Date |
|---|---|
| Allotment Date | October 25, 2024 |
| Shares Credited | October 28, 2024 |
| Listing Date | October 29, 2024 |
Expert Insights: Is OBSC Perfection a Worthwhile Investment?
Market analysts have given OBSC Perfection a ‘cautiously optimistic’ rating, suggesting that while the company’s financials and market positioning are stable, the relatively modest GMP indicates measured confidence.
Investors looking for exposure to the SME segment may consider this IPO, but as always, thorough research and understanding of the associated risks are essential.
Disclaimer
This article provides general information and should not be considered financial advice. Investors should perform their own due diligence before investing.
