IPO

Explore our secure online trading, IPO bidding, mutual fund investments, and depository services, all designed to provide seamless transactions, expert insights, and real-time market access for smart investing

Owais Metal and Mineral Processing Ltd

Registered Office : C/o Sayyad Akhtar Ali Vahid-,Nagar Old Baipass Road NA,Ratlam Madhya Pradesh 457001 Phone : +91-93000 96498
Fax :

Email : info@ommpl.com

Website : www.ommpl.com

Initial public issue of 49,07,200* equity shares of face value of Rs. 10.00 each ("Equity Shares") of Owais Metal and Mineral Processing Limited (the "Company" or the "Issuer") for cash at a price of Rs. 87.00 per equity share including a share premium of Rs. 77.00 per equity share (the "Issue Price") aggregating to Rs. 42.69 crores ("The Issue"). The issue includes a reservation of 3,44,000 equity shares aggregating to Rs. 2.99 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 45,63,200 equity shares aggregating to Rs. 39.70 crores (the "Net Issue"). The issue and the net issue will constitute 26.99 % and 25.10 % respectively of the post issue paid-up equity share capital of the company. The face value of equity shares is Rs. 10.00 each and the issue price is 8.7 times of the face value. Bid was made for minimum of 1,600 equity shares and the multiples of 1,600 equity shares thereafter. *Subject to finalization of the basis of allotment.

Issue

Opens On

Closes On

26-Feb-2024

28-Feb-2024

Money Payable On

Application

Allotment

87.00

0.00

Minimum Application for shares in Nos : 1600.0 Further Multiples of : 1600.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

39.35

42.69

18.18

87.00

Gretex Corporate Services Ltd

Projects

Purchase of Equipments of Facilitate Manufacturing

Working Capital Requirements

General corporate purposes

Promoted By

Saiyyed Owais Ali

Sayeed Akhtar Ali

Saiyeed Murtaza Ali

Listing At

NSE - SME

Registrar to the Issue

Bigshare Services Pvt Ltd