IPO Series - OB Holdings Berhad - Fortified F&B and Dietary Supplement Manufacturer

OB HOLDINGS BERHAD (OBHB 0327)

Timetable of IPO

Info of IPO
Enlarged no. of shares upon listing: 391.627 million
IPO price: RM0.24
Market capitalization: RM93.99 million
Estimated funds to raise from Public Issue:  RM 28.8million
PE ratio = 17.08x (based on FY2024)
 
Business Model

Figure 2: Business model of OB Holdings Berhad
Source: OB Holdings Berhad IPO prospectus

Utilisation of Proceeds

Figure 3: Utilisation of proceeds of OB Holdings Berhad
Source: OB Holdings Berhad IPO prospectus

Dividend Policy
-The group does not have a dividend policy

Major Customers and Major Suppliers

Fgure 5: Major customers and suppliers of OB Holdings Berhad in FY2024
Source: OB Holdings Berhad IPO prospectus
 
 
Financial Summary

Figure 6: Profit & Loss statement of OB Holdings Berhad

Figure 7: Financial position of OB Holdings Berhad

Figure 8: Materials purchased by currency

Source: OB Holdings Berhad IPO prospectus

Figure 9: Revenue by principle activities

Source: OB Holdings Berhad IPO prospectus

Financial overview, industry market, and personal opinion
-From the financial position of the group, the earnings raised from RM20.097 million to RM32.305 million from FY2021 to FY2024, or an increment of 60.73% within four (4) years times. However, the borrowings sharply increased within the same period, from RM 10.454million to RM20.169million, almost doubling the amount.
-As the aging population keeps on expanding from time to time, it is expected that healthcare products will continue drawing attention from all layers of people due to the emphasis on health in daily life.
-The group has been showing decrement in terms of their PAT and PAT margin, therefore it is important to observe the following quarter's results,  policy, and company’s prospects to determine the fundamentals of the company.

By: Jshen Ng