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:-

ParticularsValue
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 :-

ParticularsValue
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 Ended31 Dec 2023 31 Mar 2023
Assets5,164.23379.62
Revenue3,977.54
Profit After Tax765.47-12.72
Net Worth2,122.7757.28
Reserves and Surplus795.2544.28
Total Borrowing1,350.59321.29

Key Performance Indicator :-

ParticularsValue
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 :-

ParticularsLink
Owais Metal and Mineral Processing Limited IPO DHRP:-Click Here
Owais Metal and Mineral Processing Limited IPO RHP:-Click Here

GMP :-

GMP DateGMPEstimated Listing PriceEstimated Listing Gain
23-02-2024 1710419.54%
24-02-2024 1710419.54%
25-02-2024 1710419.54%
26-02-2024110197126.44%
27-02-2024 120207137.93%
28-02-2024125212143.68%
29-02-2024125212143.68%
01-03-2024 126213144.83%
02-03-2024 143230164.37%
03-03-2024 143230164.37%
04-03-2024100187114.94%

Subscription Details :-

DateQIBNIIRetailEmployeeOtherTotal
February 26, 20240.016.0910.046.096.096.33
February 27, 20240.7137.3079.5537.3037.3047.99
February 28, 202492.06329.36248.50329.36329.36221.18

Allotment Status:-

ParticularsLink
Check Allotment Status (available on February 29, 2024)Click Here

Listing Details :-

ParticularsValue
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

Owais Metal and Mineral Processing Limited IPO FAQ :-

What is the opening date for Owais Metal and Mineral Processing Limited IPO?

The Owais Metal and Mineral Processing Limited IPO opens on February 26, 2024.

What is the closing date for Owais Metal and Mineral Processing Limited IPO?

The Owais Metal and Mineral Processing Limited IPO closes on February 28, 2024.

When will the shares be allotted for Owais Metal and Mineral Processing Limited IPO?

Shares of Owais Metal and Mineral Processing Limited IPO will be allotted on February 29, 2024.

What is the listing date for Owais Metal and Mineral Processing Limited IPO?

The listing date for Owais Metal and Mineral Processing Limited IPO is March 4, 2024.

What is the price/ price range for Owais Metal and Mineral Processing Limited IPO?

The price/ price range for Owais Metal and Mineral Processing Limited IPO is ₹83 to ₹87.

What is the minimum lot size for the Owais Metal and Mineral Processing Limited IPO?

The minimum lot size for Owais Metal and Mineral Processing Limited IPO is 1600 shares.

What is the minimum investment required for retail investors in the Owais Metal and Mineral Processing Limited IPO?

The minimum investment required for retail investors in the Owais Metal and Mineral Processing Limited IPO is ₹1,39,200.

What type of IPO is the Owais Metal and Mineral Processing Limited IPO?

The type of Owais Metal and Mineral Processing Limited IPO is SME.

What is the total issue size of the Owais Metal and Mineral Processing Limited IPO?

The total issue size of Owais Metal and Mineral Processing Limited IPO is ₹42.69 Crore.

How many shares are being offered in the Owais Metal and Mineral Processing Limited IPO?

Total 49,07,200 shares are being offered in the Owais Metal and Mineral Processing Limited IPO.

What is the face value of Owais Metal and Mineral Processing Limited IPO share?

The face value of Owais Metal and Mineral Processing Limited IPO share is ₹10.

What is the market capitalization of the Owais Metal and Mineral Processing Limited IPO?

The market capitalization of the Owais Metal and Mineral Processing Limited IPO is ₹158.19 Crore.

Who is the registrar for the Owais Metal and Mineral Processing Limited IPO?

The registrar for the Owais Metal and Mineral Processing Limited IPO is Bigshare Services Pvt Ltd.

Where can I check the IPO Allotment status for Owais Metal and Mineral Processing Limited IPO?

You can check the IPO Allotment status for Owais Metal and Mineral Processing Limited IPO at https://ipo.bigshareonline.com/ipo_status.html.

What is the email address and website of Owais Metal and Mineral Processing Limited IPO?

The email address of Owais Metal and Mineral Processing Limited IPO is info@ommpl.com and website is http://www.ommpl.com/.

What is the Owais Metal and Mineral Processing Limited IPO GMP (Grey Market Premium) as of 04-03-2024?

The latest GMP for Owais Metal and Mineral Processing Limited IPO is ₹100 as of 04-03-2024.