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Owais Metal and Mineral Processing Limited

Established in 2022, Owais Metal and Mineral Processing Limited specializes in metal and mineral processing, having evolved from its prior operation as M/s Owais Ali Overseas, a sole proprietorship led by Mr. Saiyyed Owais Ali. The company's diverse product portfolio includes manganese oxide (MnO) for the fertilizer and manganese sulfate industries, MC Ferro Manganese for steel and casting, charcoal for high-heat industrial furnaces, and various mineral processing solutions involving ferroalloys, quartz, and manganese ore, serving industries such as hospitality, ceramics, glass, and furniture. With a market presence spanning Madhya Pradesh, Maharashtra, Punjab, Delhi, and Gujarat, the company operates a manufacturing facility in Meghnagar, Madhya Pradesh. As of December 31, 2023, Owais Metal and Mineral Processing Limited employed 25 permanent staff members, supporting its operational and market expansion efforts.

₹83 - ₹87221.29x sub
Listed Price250.00
Listing Gain+187.36%
TimelineBook Built Issue IPO
Open26 Feb 2024
Close28 Feb 2024
Allotment29 Feb 2024
Listing04 Mar 2024

Quota Reservation Portions

RetailPortion: 15,98,400 shares
32.57%
Nii(hni)Portion: 6,84,800 shares
13.96%
QIBPortion: 9,12,000 shares
18.58%
Market MakerPortion: 3,44,000 shares
7.01%

Minimum Application Bracket Matrix

Retail1 lots / 1,600 shares
₹1,39,200
HNI2 lots / 3,200 shares
₹2,78,400

About the Company

Established in 2022, Owais Metal and Mineral Processing Limited specializes in metal and mineral processing, having evolved from its prior operation as M/s Owais Ali Overseas, a sole proprietorship led by Mr. Saiyyed Owais Ali. The company's diverse product portfolio includes manganese oxide (MnO) for the fertilizer and manganese sulfate industries, MC Ferro Manganese for steel and casting, charcoal for high-heat industrial furnaces, and various mineral processing solutions involving ferroalloys, quartz, and manganese ore, serving industries such as hospitality, ceramics, glass, and furniture. With a market presence spanning Madhya Pradesh, Maharashtra, Punjab, Delhi, and Gujarat, the company operates a manufacturing facility in Meghnagar, Madhya Pradesh. As of December 31, 2023, Owais Metal and Mineral Processing Limited employed 25 permanent staff members, supporting its operational and market expansion efforts.

Company Promoters

Mr. Saiyyed Owais AliMr. Sayyad Akhtar AliMr. Saiyyed Murtuza Ali