OBSC Perfection Ltd. has announced public offering of 6602400 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 90.00 per share. The gross proceeds of the issue are expected to be Rs 6,602.40 lakhs.

The company's initial public offer (IPO) will open on 22 October 2024 and is expected to close on 24 October 2024, subject to customary closing conditions. The price band of the issue has been fixed at Rs 95.00-100.00 per share.

The IPO includes a fresh Issue of 6602400 Equity Shares of the Company at an price of Rs 100.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1200 shares with bids in multiples of 1200.

OBSC Perfection Ltd. anticipates using the proceeds of the issue for .

Unistone Capital Pvt. Ltd. as lead manager & Bigshare Services Pvt. Ltd. is the registrar, to the issue.