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OWAISSME / NSEListed
Owais Metal and Mineral Processing

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 Price₹250.00
Listing Gain+187.36%

IPO Schedule & Timeline

Book Built Issue IPO
Open26 Feb 2024
Close28 Feb 2024
Allotment29 Feb 2024
Listing04 Mar 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail15,98,400 shares
32.57%
Nii(hni)6,84,800 shares
13.96%
QIB9,12,000 shares
18.58%
Market Maker3,44,000 shares
7.01%

Minimum Application Lots

Retail1 Lot (1,600 shares)
₹1,39,200
HNI2 Lots (3,200 shares)
₹2,78,400

Company Promoters

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

Company Background

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...

Lead Managers & Bankers

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Dec-23 )₹3977.54 Cr
Revenue Trend (₹ in Crores)
0.01.5k3.0k4.6kMar-23Dec-23
PeriodRev (Cr)PAT (Cr)AssetsDebt
Dec-23 3,977.54765.475,164.231,350.59
Mar-230-12.72379.62321.29

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Values0-5.35%0%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Bigshare Services Private Limited

Allotment Finalized
Allotment Date
29 Feb 2024
Official Status
Out / Finalized
Registrar
Bigshare Services Private Limited
Listing Date
04 Mar 2024

Official Allotment Verification Links

Official Registrar Portal
Bigshare Services Private Limited

Direct allotment verification on the official registrar portal appointed for Owais Metal and Mineral Processing. Check with PAN or Application No.

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Stock Exchange Portal
BSE India Investor Portal

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Allotment Schedule & Milestones

IST
1. Allotment Finalization29 Feb 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date04 Mar 2024Trading commences on exchange

How to Check Owais Metal and Mineral Processing Allotment Online

1Open Portal

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2Select Company

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3Enter Details

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4View Allocation

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Prospectus & Official Filings

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About Owais Metal and Mineral Processing IPO

Complete issue overview for Owais Metal and Mineral Processing (OWAIS) IPO. The issue features an equity share price band of ₹83 – ₹87 per share with a minimum retail lot size of 1600 Shares (minimum application amount of ₹1,39,200). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions