Owais Metal And Mineral Processing

Owais Metal And Mineral Processing Info

Details about the Owais Metal And Mineral Processing IPO. Opening Date of Owais Metal And Mineral Processing is 26 Feb 24 and Closing Date is 28 Feb 24 . Face Value of Each share of Owais Metal And Mineral Processing is ₹10 per share. Price band of Owais Metal And Mineral Processing is ₹83 to ₹87. The Lot size of Owais Metal And Mineral Processing is 1,600 shares. Total issue size of Owais Metal And Mineral Processing IPO is  ₹42.69 cr. Fresh Issue of Owais Metal And Mineral Processing IPO is 42.69 cr. This is a Book Building IPO. Expected to list on NSE SME. Share Holding Pre Issue of Owais Metal And Mineral Processing is 13,275,198. Share Holding Post Issue of Owais Metal And Mineral Processing is 18,182,398.


Business Summary

Owais Metal And Mineral Processing is an efficient and effective manufacturer and processor of various metals and minerals. Uniquely diversified across the broad spectrum of natural resources with main interests in manufacturing and processing metal and minerals.

The company is engaged in the manufacturing of the following products; 1. Manganese Oxide (MNO) 2. MC Ferro Manganese 3. Manufacturing of Wood Charcoal 4. Processing of Minerals such as Ferro Alloy, Quartz and Manganese Ore.

Major products are been supplied to the state of Madhya Pradesh, Maharashtra and Gujrat.

Owais Metal And Mineral Processing IPO Details
Open Date26 Feb 24
Close Date28 Feb 24
Face Value₹10 per shares
Price Band₹83 - ₹87
Lot Size1,600 Shares
Total issue Size4,907,200 Shares ₹42.69 cr
Fresh Issue4,907,200 Shares ₹42.69 cr
Issue Type Book Building
Listing AtNSE SME
Share Holding Pre Issue13,275,198
Share Holding Post Issue18,182,398
Market MakerGretex Share Broking
Market Maker Portion344,000 Shares
RHP , DHRPView RHPView DRHP
Owais Metal And Mineral Processing IPO Timeline

The Owais Metal And Mineral Processing Initial Public Offering (IPO) is set to open on 26 Feb 24 and will end its subscription phase on 28 Feb 24. You can check your allotment status for Owais Metal And Mineral Processing on 29 Feb 24. The refund process for your funds will start promptly on 01 Mar 24.  Owais Metal And Mineral Processing IPO credit of shares will be on 01 Mar 24. The listing date for Owais Metal And Mineral Processing is on 04 Mar 24.

  1. Open Date

  2. Close Date

  3. Basis Of Allotment

  4. Initialization of Refund

  5. Credit of Share

  6. Listing Date

Owais Metal And Mineral Processing IPO Reservation

The Owais Metal And Mineral Processing IPO reserves shares for different investor categories. Approximately Not more than 50% of the Net Issue will be available for QIB, not less than 15% of the Net Issue will be available for NII, not less than 35% of the Net Issue will be available for Retail,
344,000 Shares will be reserved for subscription by Gretex Share Broking

Investor CategoryShares Offered
QIBNot more than 50% of the Net Issue
NIInot less than 15% of the Net Issue
Retailnot less than 35% of the Net Issue
Owais Metal And Mineral Processing IPO Lot Size

Bids can be made for minimum of 1600 shares and in multiple of 1600 equity shares thereafter

ApplicationLotSharesAmount
Retail (Min)11,600139,200
Retail (Max)11,600139,200
HNI (Min)23,200278,400
Owais Metal And Mineral Processing IPO Promoters Holding

Promoters holding details for Owais Metal And Mineral Processing in the current issue is as follows: The share holding of promoters before the issue stands at 100%, and after the issue, it has been adjusted to 73.01%.

Promoters of Owais Metal And Mineral Processing are Mr. Saiyyed Owais Ali, Mr. Sayyad Akhtar Ali, Mr. Saiyyed Murtuza Ali,

Share Holding Pre Issue100%
Share Holding Post Issue73.01%
Owais Metal And Mineral Processing Financial Information

Financial performance details for Owais Metal And Mineral Processing over the years are as follows: The table below presents key financial indicators, including Assets, Revenue, and Profit After Tax (PAT).

Period31 Dec 23
Assets5,164.23
Revenue3,977.54
Profit After Tax765.47
₹ In Lakhs
Owais Metal And Mineral Processing IPO Key Performance Indicator

Key Performance Indicators (KPIs) for Owais Metal And Mineral Processing are outlined below. Monitoring these KPIs provides insights into the company's operational and strategic performance. The table presents various performance indicators along with their corresponding values.

KPIValue
P/E (x)21.35
ROE-5.356%
RoNW-22.22%
EPS (Rs)4.08
Object of the Issue
  • Purchase of Equipment to Facilitate Manufacturing
  • Working Capital Requirements
  • General Corporate Purposes
Contact Details for Owais Metal And Mineral Processing

Office

C/o Sayyad Akhtar Ali Vahid Nagar, Old Baipass Road NA Ratlam - 457001

Registrar Details for Owais Metal And Mineral Processing
Bigshare Services Pvt Ltd

Office

S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road, Andheri (East) Mumbai – 400093 MH, India.

Lead Manager
  • Gretex Corporate Services Limited
Frequently Asked Questions