OFS Capital Corp: A Steady Player in the Financial Sector

In the bustling world of financial markets, OFS Capital Corp stands as a notable entity, primarily investing in senior secured, floating rate loans to US-based middle market borrowers. As of June 22, 2025, the company’s close price was $8.35, with a market capitalization of approximately $121.92 million. Despite a 52-week low of $7.75 in August 2024, the company has shown resilience, reaching a 52-week high of $9.8 in March 2025. With a price-to-earnings ratio of 5.52919, OFS Capital Corp remains an intriguing option for investors seeking opportunities in the capital markets sector.

IPO Buzz: A Snapshot of the Current Market

The financial landscape is currently abuzz with several high-profile initial public offerings (IPOs), reflecting a robust appetite for new investments. Among the notable IPOs, Globe Civil Projects has captured significant attention. The company’s IPO was fully subscribed on the first day, with a subscription rate of 7 times the issue size, led by Qualified Institutional Buyers (QIBs) and Non-Institutional Investors (NIIs). This strong demand underscores the confidence investors have in the integrated Engineering, Procurement, and Construction (EPC) sector.

Other IPO Highlights

  • GNG Electronics: The Indian market regulator, Securities and Exchange Board of India (Sebi), has given the green light for GNG Electronics to launch its IPO, aiming to raise ₹450 crore. As India’s largest refurbisher of laptops and desktops, GNG Electronics is poised to make a significant impact in the tech refurbishment space.

  • Safe Enterprises: The SME offering from Safe Enterprises Retail Fixtures is set to close its subscription window today. With a subscription rate rising to 5 times and a grey market premium (GMP) up by 4%, the IPO has attracted considerable interest.

  • Mayasheel Ventures: The EPC contractor’s IPO has seen an impressive subscription rate of 8 times, with a GMP at 10%. This strong performance highlights the growing investor interest in the engineering and construction sectors.

  • LG Electronics India: The Indian IPO market is heating up with LG Electronics India’s $1 billion issue. After a brief pause, the South Korean consumer electronics giant is ready to make a significant entry into the Indian market.

  • Kalpataru: The Mumbai-based real estate firm’s IPO, seeking to raise ₹1,590 crore, opens for public subscription today. With a flat GMP, investors are weighing their options carefully.

  • HDB Financial Services: Set to launch India’s largest-ever IPO in the non-bank finance company space, HDB Financial Services aims to raise ₹12,500 crore. This IPO is not only the largest in the NBFC sector but also the biggest in 2025 so far.

Conclusion

As OFS Capital Corp continues to navigate the dynamic financial markets, the current IPO frenzy offers a glimpse into the diverse opportunities available to investors. With a mix of established players and emerging companies, the market is ripe with potential for those looking to diversify their portfolios. Whether it’s the engineering prowess of Globe Civil Projects or the tech refurbishment capabilities of GNG Electronics, the financial landscape in 2025 is vibrant and full of promise.