OUR BUSINESS
We at “Owais” are 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 and processing 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.
Our products like Manganese Oxide are used in the fertilizer industry and are also used by Manganese Sulphate Plants. Manganese Ore is used in the manufacturing of Ferro Manganese, Silico Manganese, Manganese Oxide, Batteries, and other Ferro products also it can be directly sellable in the market. MC Ferro Manganese is used in steel and casting industries, as it assists in removing sulfur from steel and improves properties, like durability, machinability, and malleability. It can deoxidize molten metal. Our Wood Charcoal is used in furnaces of industries that require high heat for their manufacturing process such as the Steel industry. Processed Quartz is being used in the hotel industry, Ferroalloy industry, tiles & ceramic industry, glass industry, and industry of interiors & furniture. our major products are being supplied to the states of Madhya Pradesh, Maharashtra Punjab, Delhi, and Gujrat.
OWAIS METALS AND MINERAL IPO DATE & PRICE BAND DETAILS
| IPO Open Date | February 26, 2024 |
|---|
| IPO Close Date | February 28, 2024 |
| IPO Size | Approx ₹42.69 Crores |
| IPO Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹83 to ₹87 Per Every Share |
| IPO Listing On | NSE SME |
| IPO Retail Quota | 35% |
| IPO QIB Quota | 50% |
| IPO NII Quota | 15% |
OWAIS METALS AND MINERAL IPO MARKET LOT DETAILS
| Application | Lot Size | Shares | Amount |
|---|
| Retail Minimum | 1 | 1600 | ₹139,200 |
| Retail Maximum | 1 | 1600 | ₹139,200 |
| S-HNI Minimum | 2 | 3200 | ₹278,400 |
OUR KEY CUSTOMERS
- UV Creation
- Abhijeet Ferro Alloys.
- SMO Ferro Alloys Private Limited.
- Antique Marbonite Private Limited,
- Shivam Multi Microns India LLP
- Glassy Minerals
- Simpolo Vitrified Private Limited
OWAIS METALS AND MINERAL IPO ALLOTMENT & LISTING DATE (DETAILS)
| IPO Open Date | Feb 26, 2024 |
|---|
| IPO Close Date | Feb 28, 2024 |
| Basis of Allotment | Feb 29, 2024 |
| Refunds | March 1, 2024 |
| Credit to Demat Account | March 1, 2024 |
| IPO Listing Date | March 4, 2024 |
OWAIS METALS AND MINERAL FINANCIAL REPORT
| ₹ in Crores | | | |
|---|
| Year | Revenue | Expense | PAT |
| 2023 | ₹- | ₹0.13 | ₹0.13 |
| 9Month FY 2023 | ₹39.52 | ₹29.55 | ₹7.65 |
OBJECT OF ISSUE
- Purchase of types of equipment to Facilitate Manufacturing.
- Working Capital Requirements.
- General Corporate Purposes.
OWAIS METALS AND MINERAL IPO SUBSCRIPTION STATUS TODAY
| DATE | QIB | NII | RII | TOTAL |
|---|
| Day-1 | -- | -- | -- | -- |
| Day-2 | -- | -- | -- | -- |
| Day-3 | -- | -- | -- | -- |
OUR COMPANY PROMOTERS
- Mr. Saiyyed Owais Ali
- Mr. Sayyad Akhtar Ali
- Mr. Saiyyed Murtuza Ali
OWAIS METALS AND MINERAL IPO GMP TODAY LIVE RATES & KOSTAK RATES
| IPO GMP DATE | GMP PRICE | IPO PRICE | SUBJECT TO SAUDA RATE |
|---|
| Feb-26-2024 | -- | -- | -- |
| Feb-27-2024 | -- | -- | -- |
| Feb-28-2024 | - | -- | -- |
QUALITATIVE FACTORS
1. Existing Client Base
2. Optimum Utilization of Resources
3. Fully Integrated Manufacturing Facility
4. Cordial Relationship with our Customers
5. Well Developed Distribution Network
Basic & Diluted Earnings Per Equity Share (“EPS”)
| Financial Year Ended | Basic EPS (in ₹) | Diluted EPS (in ₹) | Weight |
|---|
| March 31, 2023 | 427.56 | 427.56 | 3 |
| Weighted Average | 176.11 | 176.11 | |
OWAIS METALS AND MINERAL COMPANY CONTACT
C/o Sayyad Akhtar Ali, Vahid Nagar,
Old Baipass Road,
Ratlam – 457001, Madhya
Pradesh, India.
Tel: +91 93000 96498
Email: info@ommpl.com
Website: www.ommpl.com
OWAIS METALS AND MINERAL IPO REGISTAR
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Pinnacle Business Park, Mahakali Caves Road,
next to Ahura Centre, Andheri East, Mumbai- 400093,
Maharashtra, India.
Tel. No.: +91 22 6263 8200;
Fax No.: +91 22 6263 8299
Email: ipo@bigshareonline.com
Investor Grievance Email:
investor@bigshareonline.com;
Website: www.bigshareonline.com
Contact Person: Asif Saiyyed
