Owais Metal and Mineral merchandise like Manganese Oxide are used within the fertilizer trade and also are utilized by the Manganese Sulphate Plants. Manganese Ore is used within the production of Ferro Manganese, Silico Manganese, Manganese Oxide, Batteries, and different Ferro merchandise additionally it may be at once sellable available in the market. MC Ferro Manganese is utilized in metal and casting industries, because it assists in putting off sulfur from metal and bettering homes, like sturdiness, machinability, and malleability. It can deoxidize molten steel. Their Wood Charcoal is utilized in furnaces of industries that require top warmth for his or her production procedure such because the Steel trade. Processed Quartz is getting used lodge trade, Ferro alloy trade, tiles & ceramic trade, glass trade, and trade of interiors & furnishings. As of the date of submitting DRHP their primary merchandise are being equipped to the states of Madhya Pradesh, Maharashtra Punjab, Delhi, and Gujrat.
The corporate has not too long ago added new merchandise to its portfolio those merchandise are Wood Charcoal and Processed Quartz. Their corporate has a producing unit for wooden charcoal in Rajasthan and Meghnagar. Processing of Quartz has been carried out via their Meghnagar plant.
Their manufacturing unit is positioned in Meghnagar which is a Strategic location as it’s positioned at the border of Gujarat, Madhya Pradesh, and Rajasthan. Gujarat, Madhya Pradesh, and Rajasthan are the 3 primary customers of Manganese oxide and MC Ferro Manganese. This location is helping us decrease their transportation price and hard work prices. They attempt to reach maximized output in their merchandise via their operational excellence, processing capacity, and cutting-edge infrastructure. They focal point on a large-scale growth in their product portfolio in India and intention to emerge as a well known herbal useful resource processing corporate. For production and processing of minerals and metals, each gadget and labtheir are required. They have a semi-automatic plant and machines to be had and additionally, they paintings within the tribal house the place there may be enough availability of inexpensive hard work. The corporate has enough land and a manufacturing unit shed for production and processing metals and minerals with different essential infrastructural amenities equivalent to energy, water, hard work, and many others.
Objects of the Issue:
- Purchase of Equipments to Facilitate Manufacturing
- Working Capital Requirement
- General Corporate Purposes
IPO Open: | February 26, 2024 |
IPO Close: | February 28, 2024 |
IPO Size: | Approx ₹42.69 Crores, 4,907,200 Equity Shares |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹83 to ₹87 Per Equity Share |
IPO Listing on: | NSE SME |
Retail Quota: | 35% of the web be offering |
QIB Quota: | 50% of the web be offering |
NII Quota: | 15% of the web be offering |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Anchor Investors in IPO: | Click Here |
The Owais Metal and Mineral IPO minimal marketplace lot is 1600 stocks with a ₹139,200 software quantity.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 1600 | ₹139,200 |
Retail Maximum | 1 | 1600 | ₹139,200 |
S-HNI Minimum | 2 | 3200 | ₹278,400 |
The Owais Metal and Mineral IPO date is February 26 and the IPO shut date is February 28 . The IPO allotment date is February 29 and the IPO would possibly checklist on March 4.
IPO Open Date: | February 26, 2024 |
IPO Close Date: | February 28, 2024 |
Basis of Allotment: | February 29, 2024 |
Refunds: | March 1, 2024 |
Credit to Demat Account: | March 1, 2024 |
IPO Listing Date: | March 4, 2024 |
You can test IPO subscription standing and IPO allotment standing on their respective pages.
How to use Owais Metal and Mineral IPO? You can follow Owais Metal and Mineral IPO by means of ASBA to be had for your checking account. Just pass to the web financial institution login and follow by means of your checking account by way of deciding on the Owais Metal and Mineral IPO within the Invest segment. The different possibility you’ll follow Owais Metal and Mineral IPO by means of IPO bureaucracy obtain by means of the NSE website online. Check out the Owais Metal and Mineral bureaucracy – click on NSE IPO Forms obtain, fill and post for your financial institution or together with your dealer.
₹ in Crores | |||
Year | Revenue | Expense | PAT |
2023 | ₹- | ₹0.13 | ₹0.13 |
9M FY 2023 | ₹39.52 | ₹29.55 | ₹7.65 |
Check Owais Metal and Mineral IPO valuations element like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) main points.
Earning Per Share (EPS): | ₹0.10 consistent with Equity Share |
Price/Earning P/E Ratio: | NA |
Return on Net Worth (RoNW): | -22.22% |
Net Asset Value (NAV): | ₹0.46 consistent with Equity Share |
Peer Group
- Impex Ferro Tech Limited
- Indian Metals & Ferro Alloys Ltd
- Mr. Saiyyed Owais Ali
- Mr. Sayyad Akhtar Ali
- Mr. Saiyyed Murtuza Ali
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com
Check Owais Metal and Mineral IPO allotment standing on Bigshare website online URL. Click Here
- Gretex Corporate Services Limited
Company Address
Owais Metal and Mineral Processing Limited
C/o Sayyad Akhtar Ali Vahid Nagar,
Old Baipass Road NA
Ratlam – 457001
Phone: +91-9300096498
Email: [email protected]
Website: http://www.ommpl.com/
Owais Metal and Mineral IPO FAQs
What is Owais Metal and Mineral IPO?
Owais Metal and Mineral IPO is an NSE SME IPO. They are going to lift ₹42.69 Crores by means of IPO. The factor is priced at ₹83 to ₹87 consistent with fairness proportion. The IPO is to be indexed on NSE.
When Owais Metal and Mineral IPO will open?
What is Owais Metal and Mineral IPO Investors Portion?
How to Apply the Owais Metal and Mineral IPO?
How to Apply the Owais Metal and Mineral IPO via Zerodha?
How to Apply the Owais Metal and Mineral IPO via Upstox?
How to Apply the Owais Metal and Mineral IPO via Paytm Money?
What is Owais Metal and Mineral IPO Size?
What is Owais Metal and Mineral IPO Price Band?
Owais Metal and Mineral IPO Price Band is ₹83 to ₹87 consistent with fairness proportion.
What is Owais Metal and Mineral IPO Minimum and Maximum Lot Size?
What is Owais Metal and Mineral IPO Allotment Date?
What is Owais Metal and Mineral IPO Listing Date?
Note: The Owais Metal and Mineral IPO main points are introduced formally. The IPO gray marketplace top class (Owais Metal and Mineral IPO Premium) is up to date at the respective web page. You can test our IPO gray marketplace web page for day-to-day updates.
– Source : IPOWATCH