Metalman Auto IPO details : Metalman Auto IPO details is Open on [.] 2024 and Close on [.] 2024. Metalman Auto IPO to Raise [.] shares (Approx ₹[.] Cr) via IPO. The Fresh issue of [.] shares (Approx ₹[.] Cr).
Metalman Auto Incorporated in 1986 We are a one stop shop for sheet metal, tubular fabrication, metal finishing and assembly of components for original equipment manufacturers (“OEMs”) in the automotive and non-automotive sectors.
We are one of the first metal fabrication, metal finishing and assembly companies in India along with the manufacturing processes. We are primarily focused on manufacturing metal components for :
- two-wheeler (“2Ws”) (including electric vehicles (“EVs”) and internal combustion engine (“ICE”))
- three wheelers (“3Ws”)
- passenger vehicles (“PVs”)
- commercial vehicles (“CVs”)
- agri-vehicles (“AVs”)
- off-highway vehicles (“OHVs”)
We also undertake fabrication and manufacturing of aestheticfocused components for white body goods (such as front and rear panels and rear covers of washing machines) and contract manufacturing for 2W EV OEMs.
Our ability to cater to both EV and ICE offerings by automotive OEMs insulate us to an extent against transition in industry trends towards any particular sector, and positions us to leverage growth in the CV category.
Our portfolio of offerings of automotive and non-automotive components caters to a diversified customer base across 2W, 3W, PV, CV, AV and OHV categories. Further, we have also recently extended our offerings to EVs inthe 2W category in Financial Year 2020. A significant portion of our offerings in automotive sector for 2W category are powertrain agnostic catering to EV as well as ICE OEMs and encompass a range of automotive components designed to meet diverse customer needs across powertrain options.
India is the largest motorised two-wheeler market in the world, with domestic sales of 18.4 million units in Financial Year 2024. Two-wheeler sales constituted 73% of the total auto market comprising 2Ws, 3Ws, PV, CV and AVs by volume in Financial Year 2024.
key customers across categories and the
We are an engineering process focused Company with nine manufacturing units (seven operated by us and twooperated through Metalman Micro Turners) across five states in India, which are strategically located in close proximity to our OEM customers.
We operate our international operations through an export shipping model and through VMI arrangements in Romania, Germany and United States of America. Orders from our overseas customers are processed at our respective manufacturing units and are transported to the location of OEMs via shipping routes. Further, at our VMI locations at Romania, Germany and United States of America management of orders and inventory is done by us.
We intend to enter new markets by leveraging our existing relationships with customers outside India. Our export customers include BMW AG Berlin, CNH and SumiRiko.
Our products Category-wise are set forth below :-
Electric Vehicles :- Frame and sub-frame, handle bars, swing arm, saree guard, foot step, battery tray, main stand (including aluminium main stand), side stand and crash protectors.
Internal Combustion Engine :- Frame, handle bars, chain case, swing arm, saree guard, mufflers, foot step, engine cradle, wheel rims, main stand, side stand and crash protectors.
Three Wheelers :- Windshields, driver cabins, mud guards, cabin doors, and floor boards
Passenger Vehicles :- Passenger four wheelers Seat frames and torsion links
Commercial Vehicles :-Trucks Deep drawn parts (such as oil pans and hub caps) and bracketry components (such as air cleaner mounting brackets and fuel tank brackets)
Agri-Vehicles :- Tractors Tubular door handles, half-cabins, full cabins, and roll-over protection systems assembly.
Off-highway Vehicles :- Driver cabins, booms, buckets (including dipstick buckets), loader arms, track frames, hoods, canopies, tensioners, and bracketry components
Other Components :- Front and rear panels and rear covers for washing machines
Object of the Issue
- Part-financing the capital expenditure towards procurement of plant and machinery at Pithampur Manufacturing Unit 2.
- Repayment/pre-payment, in part or full of certain borrowings of our Company and Metalman Micro Turners.
- General corporate purposes.
Qualitative Factors
- key player in the metal fabrication, metal finishing and assembly industry, characterized by high industry barriers.
- one stop shop for metal fabrication, metal finishing and assembly o capabilities with an extensive product portfolio.
- technology-enabled manufacturing process with significant degree of automation, bolstered by internet of things and artificial intelligence/ machine learning.
- long-standing customer relationships with established automotive and non automotive customers.
- demonstrated track record of financial performance and growth.
Comparison of Accounting Ratios with Listed Peer Group Companies
- Craftsman Automation Limited.
- Endurance Technologies Limited.
- Sandhar Technologies Limited.
- JBM Auto Limited.
Also Read: Forcas Studio IPO
Metalman Auto Company Contact Details
JMK Tower, NH-8, First Floor
Mustatil No. 44, Killa No. 5, Village Kapashera
New Delhi 110 037
Delhi, India
Contact Person: Tarun Kumar
Telephone: +91 85 9593 9914
Email: compliance@metalmanauto.com
Website: www.metalmanauto.com
Metalman Auto Lead Manager
Axis Capital Limited
1st Floor, Axis House
C-2 Wadia International Centre
Pandurang Budhkar Marg, Worli
Mumbai 400 025, Maharashtra, India
Tel: + 91 22 4325 2183
E-mail: metalman.ipo@axiscap.in
Investor Grievance E-mail:
complaints@axiscap.in
Contact Person: Jigar Jain
Website: www.axiscapital.co.in
ICICI Securities Limited
ICICI Venture House
Appasaheb Marathe Marg
Prabhadevi, Mumbai 400 025
Maharashtra, India
Tel: +91 22 6807 7100
E-mail: metalman.ipo@icicisecurities.com
Investor Grievance E-mail:
customercare@icicisecurities.com
Contact Person: Gaurav Mittal/Nikita Chirania
Website: www.icicisecurities.com
Motilal Oswal Investment Advisors Limited
Motilal Oswal Tower
Rahimtullah Sayani Road, Opposite Parel ST
Depot Prabhadevi, Mumbai 400 025
Maharashtra, India
Tel: +91 22 7193 4380
E-mail: metalmanipo@motilaloswal.com
Investor Grievance E-mail:
moiaplredressal@motilaloswal.com
Contact Person: Ritu Sharma
Website: www.motilaloswalgroup.com
Metalman Auto IPO Registrar
Link Intime India Private Limited
C-101, 1st Floor, 247 Park
L.B.S. Marg, Vikhroli West
Mumbai 400 083
Maharashtra, India
Tel: +91 810 811 4949
E-mail: metalman.ipo@linkintime.co.in
Investor Grievance E-mail:
metalman.ipo@linkintime.co.in
Contact Person: Shanti Gopalkrishnan
Website: www.linkintime.co.in
