Owais Metal and Mineral Processing IPO

Owais Metal and Mineral Processing Limited

₹1,32,800 /1600 sharesMinimum Investment

Owais Metal and Mineral Processing IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
NSE₹87.00₹250.00₹163.00 (187.36%)

Owais Metal and Mineral Processing IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
26 Feb ‘24 - 28 Feb ‘24₹1,32,8001,600₹83 - ₹87
Issue SizeIPO Doc
42.69Cr
RHP PDF

About the company

Owais Metal and Mineral Processing Limited is a manufacturer and processor of various metals and minerals. Its product range includes Manganese Oxide (MNO), MC Ferro Manganese, Wood Charcoal manufacturing, and processing of minerals such as Ferro Alloy, Quartz, and Manganese Ore. The company’s factory is situated in Meghnagar, which is situated on the border of Gujarat, Madhya Pradesh and Rajasthan. These three regions being the major consumers of Manganese oxide and MC Ferro Manganese.;
Founded in
2022
Managing director
Mr. Saiyyed Owais Ali
Parent organisation
Owais Metal and Mineral Processing Limited

Strength and risks

Strengths
Risks
As per the company, its promoters have maintained a long-standing relationship with its client base.
The company has established a networking infrastructure to identify its core customer base, design marketing strategies, and facilitate project procurement.
As per the company, it analyzes its existing operations policies to identify bottlenecks and make corrections.
The company was previously known as Owais Ali Overseas (Proprietorship). Under this entity, it reported revenue from operations was Rs. 20.88 cr, Rs. 27.98 cr and Rs. 39.18 cr in FY 2021, 2022, and 2023 respectively. For the same time periods, it reported Profit after Tax of Rs. 0.24 cr, Rs. 0.49 cr, and Rs. 5.41 cr. Under the entity name Owais Metal And Mineral Processing Limited, the company reported revenue from operations of Rs. 39.52 cr and Profit after Tax of Rs. 7.65 cr.

Financials

*All values are in Rs. Cr
No Graph Data To Display

Application details

Apply asPrice bandApply upto
Regular83 - 87₹2 Lakh
High Networth Individual83 - 87₹2 - 5 Lakh
For Owais Metal and Mineral Processing IPO, eligible investors can apply as Regular.
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