OBSC Perfection preferential issue: ₹86.52 crore in 2026

Board clears preferential issue proposal

OBSC Perfection Limited has approved a preferential allotment proposal that could raise up to ₹86.52 crore. The company’s board, in an outcome dated August 5, approved the issue of 14,39,600 preferential shares at ₹601 per share. The fundraise is subject to shareholder approval.

The company has also moved the process forward through its formal notice cycle. A newspaper publication dated August 11 carried the Extraordinary General Meeting (EGM) notice for September 2, 2026. The notice relates to approvals including an increase in authorised capital and the preferential share issue.

Key terms of the issue

The preferential issue approved by the board involves 14,39,600 shares priced at ₹601 each. At this price, the company has stated that it aims to raise up to ₹86.52 crore. Preferential allotments are typically executed to specific investors rather than through a broad public offer.

Separately, the available information also references another fundraise item: raising ₹53 crore through a preferential issue at ₹311. The same note mentions potential equity dilution of around 7-8%, and it is explicitly stated as not a buy or sell recommendation. No date is provided for this ₹53 crore item in the text supplied, so it is unclear whether it is an earlier proposal or a separate discussion point.

Shareholder vote scheduled on September 2, 2026

The EGM date mentioned across the company updates is September 2, 2026. The August 11 newspaper publication is described as an EGM notice seeking approval for an authorised capital increase and the preferential share issue.

Board approvals alone do not complete the transaction. For preferential allotments, shareholder consent is a key step, after which the company can proceed with allotment and other regulatory filings based on the approvals received.

Financial snapshot: net debt level

The information provided includes a debt indicator for the company. OBSC Perfection’s latest net debt is stated at ₹72.16 crore as of June 2026.

Net debt levels often matter when companies raise equity, because part of the capital planning can involve strengthening the balance sheet, funding working capital, or supporting expansion. The provided text does not specify how OBSC Perfection plans to deploy the proceeds.

Stock and market data points cited

Two different price points are present in the supplied data. One line states the stock last traded price is ₹307.10. Another section shows “CMP ₹840.6” alongside IPO and return metrics.

Because both figures appear in the source text without timestamps or a consistent context, they are best read as separate data snapshots coming from different sections of the compiled information. The article does not provide a single consolidated exchange quote at a specific time.

IPO background and listing details

OBSC Perfection is listed and shown as actively trading on NSE SME under the symbol OBSCP. Its IPO is described as a book-built issue with a price band of ₹95-100 and an IPO price of ₹100.

The issue size is shown as 6,602,400 shares aggregating up to ₹66.02 crore, and it is also labelled as a fresh issue of the same size and value. The IPO timeline included opening on October 22, 2024, closing on October 24, 2024, and listing on October 29, 2024. The listing price is stated as ₹110, implying a listing gain of 10% on the IPO price.

Other company updates referenced

The text also includes a past business update: OBSC Perfection secured an export nomination letter worth ₹29.3 crore, dated June 13, 2025. In addition, it lists quarterly results update timestamps: May 21, 2026 and August 13, 2026.

These updates, combined with the new capital-raising proposal, place the preferential issue in a broader timeline of corporate disclosures around fundraising, operational developments, and periodic results.

Key facts table

Why the fundraising process matters for investors

Preferential issues can change a company’s capital structure by adding new shares and raising equity funding. The critical investor checkpoints typically include the proposed pricing, the size of the issue, and the shareholder approval process, all of which are explicitly stated in the company updates shared.

In OBSC Perfection’s case, the ₹86.52 crore target amount and the fixed issue price of ₹601 provide clear reference points for tracking the proposal. The scheduled EGM on September 2, 2026 is the next visible milestone in the timeline.

Company and registrar contact details available

The supplied information lists the company’s address as M-6, Uppal Plaza, 6F, 6th Floor, Jasola District Centre, New Delhi 110025, India. It also provides contact information including phone number 91 11 2697 2628 and the website www.obscperfection.com.

For IPO-related processes, the registrar is shown as Bigshare Services Pvt Ltd, with email ipo@bigshareonline.com and phone +91 22 6263 8200, based in Andheri (East), Mumbai.

Conclusion

OBSC Perfection has set in motion a preferential issue plan of 14,39,600 shares at ₹601, aiming to raise up to ₹86.52 crore, with shareholder approval scheduled at an EGM on September 2, 2026. The next update to watch is the outcome of the EGM and any subsequent allotment-related disclosures based on the approvals sought.