OBSC Perfection IPO vs Premium Plast IPO

Comparison between OBSC Perfection IPO and Premium Plast IPO.

IPO Details

OBSC Perfection IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Premium Plast IPO is a SME Bookbuilding proposed to list at NSE SME.

	OBSC Perfection IPO	Premium Plast IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Bookbuilding	Bookbuilding
Listing At	NSE SME	NSE SME
Lead Managers	Unistone Capital Pvt.Ltd.	Khandwala Securities Ltd.
Registrar	Bigshare Services Pvt.Ltd.	Bigshare Services Pvt.Ltd.
Market Maker	R.K.Stock Holding Pvt.Ltd.	Asnani Stock Broker Pvt.Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of OBSC Perfection IPO is up to ₹62.69 Cr whereas the issue size of the Premium Plast IPO is up to ₹24.87 Cr. The final issue price of OBSC Perfection IPO is ₹100.00 per share and of Premium Plast IPO is ₹49.00 per share.

	OBSC Perfection IPO	Premium Plast IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹95.00 per share	₹46.00 per share
Issue Price (Upper)	₹100.00 per share	₹49.00 per share
Issue Price (Final)	₹100.00 per share	₹49.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	1200 shares	3000 shares
Fresh Issue Size	62,68,800 shares	50,76,000 shares
Fresh Issue Size (Amount)	up to ₹62.69 Cr	up to ₹24.87 Cr
OFS Issue Size	0 shares	0 shares
OFS Issue Size (Amount)	up to ₹0.00 Cr	up to ₹0.00 Cr
Issue Size Total	62,68,800 shares	50,76,000 shares
Issue Size Total (Amount)	up to ₹62.69 Cr	up to ₹24.87 Cr

IPO Timetable

OBSC Perfection IPO opens on Oct 22, 2024, while Premium Plast IPO opens on Oct 21, 2024. The closing date of OBSC Perfection IPO and Premium Plast IPO is Oct 24, 2024, and Oct 23, 2024, respectively.

	OBSC Perfection IPO	Premium Plast IPO
Anchor Bid Date	Oct 21, 2024
Issue Open	Oct 22, 2024	Oct 21, 2024
Issue Close	Oct 24, 2024	Oct 23, 2024
Basis Of Allotment (Tentative)	Oct 25, 2024	Oct 24, 2024
Initiation of Refunds (Tentative)	Oct 28, 2024	Oct 25, 2024
Credit of Share (Tentative)	Oct 28, 2024	Oct 25, 2024
Listing date (Tentative)	Oct 29, 2024	Oct 28, 2024
Anchor Lockin End date 1	Nov 24, 2024
Anchor Lockin End date 2	Jan 23, 2025

Financials & KPIs

OBSC Perfection IPO P/E ratio is 14.62, as compared to Premium Plast IPO P/E ratio of 14.11.

OBSC Perfection IPO

Premium Plast IPO

Financials

OBSC Perfection Limited Financial Information (Restated)

OBSC Perfection Limited's revenue increased by 20% and profit after tax (PAT) rose by 167% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Aug 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	11,066.37	8,650.59	6,916.01	4,847.48
Total Income	5,700.15	11,611.41	9,691.03	5,672.42
Profit After Tax	603.05	1,221.21	457.39	360.11
Net Worth	3,610.15	3,007.1	1,785.89	1,328.47
Reserves and Surplus	1,825.15	1,222.1	595.89	138.47
Total Borrowing	4,967.82	4,147.25	3,340.48	1,897.54
Amount in ₹ Lakhs

Premium Plast Limited Financial Information (Restated Consolidated)

Premium Plast Limited's revenue increased by 6% and profit after tax (PAT) rose by 200% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	30 Jun 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	4,006.31	3,809.23	2,905.45	2,516.95
Total Income	1,212.81	4,670.59	4,404.83	3,104.78
Profit After Tax	141.16	477.55	159.32	77.7
Net Worth	2,216.67	1,652.51	1,174.96	1,015.64
Reserves and Surplus	841.56	1,176.45	698.91	539.59
Total Borrowing	506.84	830.98	505.35	512.28
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100

95.45

Promoter Shareholding (Post-Issue)

68.73

P/E Ratio

14.62

14.11

Market Cap

₹244.52 Cr.

₹93.58 Cr.

ROE

40.61%

6.37%

ROCE

31.49%

7.88%

Debt/Equity

1.38

EPS

₹6.84

₹3.47

RoNW

40.61%

6.37%

Shares Offered

In the OBSC Perfection IPO Retail Individual Investors (RII) are offered 21,94,800 shares while in Premium Plast IPO retail investors are offered 21,94,800 shares. Qualified Institutional Buyers (QIB) are offered 12,54,000 shares in OBSC Perfection IPO and 5,10,000 shares in Premium Plast IPO.

	OBSC Perfection IPO	Premium Plast IPO
Anchor Investor Reserveration	18,79,200 shares
Market Maker Reserveration	3,33,600 shares	2,70,000 shares
QIB	12,54,000 shares	5,10,000 shares
NII	9,40,800 shares	22,83,000 shares
RII	21,94,800 shares	22,83,000 shares
Employee
Others
Total	62,68,800 shares	50,76,000 shares

Bids Received (Subscription)

OBSC Perfection IPO subscribed 16.56x in total, whereas Premium Plast IPO subscribed 38.87x.

	OBSC Perfection IPO	Premium Plast IPO
QIB (times)	10.20x	6.74x
NII (times)	25.87x	19.56x
Big NII (times)
Small NII (times)
RII (times)	16.20x	65.37x
Employee (times)
Other (times)
Total (times)	16.56x	38.87x

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