Owais Metal and Mineral Processing Limited IPO
Owais Metal and Mineral Processing Limited IPO bidding starts from February 26, 2024 and ends on February 28, 2024. The allotment for the Owais Metal and Mineral Processing Limited IPO is expected to be finalized on February 29, 2024. Owais Metal and Mineral Processing Limited IPO will list on NSE SME with tentative listing date fixed as March 4, 2024. Owais Metal and Mineral Processing Limited IPO price band is set at ₹83 to ₹87 per share. The minimum lot size for an application is 1600 Shares. The minimum amount of investment required by retail investors is ₹1,39,200.
Important Dates:-
Particulars | Value |
---|---|
Open Date:- | February 26, 2024 |
Close Date:- | February 28, 2024 |
Allotment Date:- | February 29, 2024 |
Listing Date:- | March 4, 2024 |
About Owais Metal and Mineral Processing Limited :-
Established in 2022, Owais Metal and Mineral Processing Limited is a company engaged in the production and processing of metals and minerals. It was previously operated under the name M/s Owais Ali Overseas, a sole proprietorship firm owned by Mr. Saiyyed Owais Ali.
The company manufactures and processes various products such as manganese oxide (MNO), MC Ferro Manganese, and charcoal used in different industries like fertilizers, steel, casting, and high-heat furnaces. Additionally, it processes minerals like ferroalloys, quartz, and manganese ore, catering to sectors including hospitality, ceramics, glass, and interior design and furniture.
Owais Metal and Mineral Processing Limited serves clients across Madhya Pradesh, Maharashtra, Punjab, Delhi, and Gujarat. Its manufacturing facility is located in Meghnagar, Madhya Pradesh, and as of December 31, 2023, it employed 25 permanent staff members.
Contact Details :-
Address:- Owais Metal and Mineral Processing Limited C/o Sayyad Akhtar Ali Vahid Nagar, Old Baipass Road NA Ratlam - 457001
Phone:- +91-9300096498
E-mail:- info@ommpl.com
Website:- http://www.ommpl.com/
IPO Details :-
Particulars | Value |
---|---|
IPO Type:- | SME |
Price:- | ₹83 to ₹87 |
Lot Size:- | 1600 |
Minimum Amount for 1 Lot:- | ₹1,39,200 |
Listing At:- | NSE SME |
Total issue of Shares:- | 49,07,200 |
Total issue Size:- | ₹42.69 Crore |
Fresh issue of Shares:- | 49,07,200 |
Fresh issue Size:- | ₹42.69 Crore |
Face Value:- | ₹10 per Equity Share |
Retail Quota:- | 35% |
QIB Quota:- | 50% |
NII Quota:- | 15% |
Financial Information :-
Amount in ₹ Lakh
Period Ended | 31 Dec 2023 | 31 Mar 2023 | ||
---|---|---|---|---|
Assets | 5,164.23 | 379.62 | ||
Revenue | 3,977.54 | |||
Profit After Tax | 765.47 | -12.72 | ||
Net Worth | 2,122.77 | 57.28 | ||
Reserves and Surplus | 795.25 | 44.28 | ||
Total Borrowing | 1,350.59 | 321.29 |
Key Performance Indicator :-
Particulars | Value |
---|---|
Market Cap (₹ in Crore):- | 158 |
ROE:- | -5.35% |
Debt/Equity:- | 5.61 |
RoNW:- | -22.22% |
IPO Registrar :-
Name:- Bigshare Services Pvt Ltd
Website:- https://ipo.bigshareonline.com/ipo_status.html
IPO Prospectus :-
Particulars | Link |
---|---|
Owais Metal and Mineral Processing Limited IPO DHRP:- | Click Here |
Owais Metal and Mineral Processing Limited IPO RHP:- | Click Here |
GMP :-
GMP Date | GMP | Estimated Listing Price | Estimated Listing Gain |
---|---|---|---|
23-02-2024 | ₹17 | ₹104 | 19.54% |
24-02-2024 | ₹17 | ₹104 | 19.54% |
25-02-2024 | ₹17 | ₹104 | 19.54% |
26-02-2024 | ₹110 | ₹197 | 126.44% |
27-02-2024 | ₹120 | ₹207 | 137.93% |
28-02-2024 | ₹125 | ₹212 | 143.68% |
29-02-2024 | ₹125 | ₹212 | 143.68% |
01-03-2024 | ₹126 | ₹213 | 144.83% |
02-03-2024 | ₹143 | ₹230 | 164.37% |
03-03-2024 | ₹143 | ₹230 | 164.37% |
04-03-2024 | ₹100 | ₹187 | 114.94% |
Subscription Details :-
Date | QIB | NII | Retail | Total |
---|---|---|---|---|
February 26, 2024 | 0.01 | 6.09 | 10.04 | 6.33 |
February 27, 2024 | 0.71 | 37.30 | 79.55 | 47.99 |
February 28, 2024 | 92.06 | 329.36 | 248.50 | 221.18 |
Allotment Status:-
Particulars | Link |
---|---|
Check Allotment Status (available on February 29, 2024) | Click Here |
Listing Details :-
Particulars | Value |
---|---|
Listing Date:- | March 4, 2024 |
NSE Symbol :- | OWAIS |
ISIN:- | INE0R8M01017 |
Final Issue Price:- | ₹87.00 |
Open:- | ₹250.00 |
Low:- | ₹241.00 |
High:- | ₹262.50 |
Close:- | ₹262.50 |
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