Owais Metal and Mineral products like Manganese Oxide are used in the fertilizer industry and are also used by the 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 improving properties, like durability, machinability, and malleability. It can deoxidize molten metal. Their 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 hotel industry, Ferro alloy industry, tiles & ceramic industry, glass industry, and industry of interiors & furniture. As of the date of filing DRHP their major products are being supplied to the states of Madhya Pradesh, Maharashtra Punjab, Delhi, and Gujrat.

The company has recently added new products to its portfolio these products are Wood Charcoal and Processed Quartz. Their company has a manufacturing unit for wood charcoal in Rajasthan and Meghnagar. Processing of Quartz has been done through their Meghnagar plant.

Their factory is situated in Meghnagar which is a Strategic location as it is situated on the border of Gujarat, Madhya Pradesh, and Rajasthan. Gujarat, Madhya Pradesh, and Rajasthan are the three major consumers of Manganese oxide and MC Ferro Manganese. This location helps us minimize their transportation cost and labor costs. They try to attain maximized output of their products through their operational excellence, processing capability, and state-of-the-art infrastructure. They focus on a large-scale expansion of their product portfolio in India and aim to emerge as a well-known natural resource processing company. For manufacturing and processing of minerals and metals, both machine and labtheir are required. They have a semi-automatic plant and machines available and also, they work in the tribal area where there is sufficient availability of cheaper labor. The company has sufficient land and a factory shed for manufacturing and processing metals and minerals with other necessary infrastructural facilities such as power, water, labor, etc.

Objects of the Issue:

• Purchase of Equipments to Facilitate Manufacturing
• Working Capital Requirement
• General Corporate Purposes

The Owais Metal and Mineral IPO minimum market lot is 1600 shares with a ₹139,200 application amount.

The Owais Metal and Mineral IPO date is February 26 and the IPO close date is February 28 . The IPO allotment date is February 29 and the IPO might list on March 4.

You can check IPO subscription status and IPO allotment status on their respective pages.

How to apply Owais Metal and Mineral IPO? You can apply Owais Metal and Mineral IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Owais Metal and Mineral IPO in the Invest section. The other option you can apply Owais Metal and Mineral IPO via IPO forms download via the NSE website. Check out the Owais Metal and Mineral forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.

Check Owais Metal and Mineral IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Peer Group

• Impex Ferro Tech Limited
• Indian Metals & Ferro Alloys Ltd

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

Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com

Check Owais Metal and Mineral IPO allotment status on Bigshare website URL. Click Here

• Gretex Corporate Services Limited

Company Address

Owais Metal and Mineral Processing Limited
C/o Sayyad Akhtar Ali Vahid Nagar,
Old Baipass Road NA
Ratlam – 457001
Phone: +91-9300096498
Email: [email protected]
Website: http://www.ommpl.com/

Owais Metal and Mineral IPO FAQs

Note: The Owais Metal and Mineral IPO details are announced officially. The IPO grey market premium (Owais Metal and Mineral IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.

• SEO Powered Content & PR Distribution. Get Amplified Today.
• PlatoData.Network Vertical Generative Ai. Empower Yourself. Access Here.
• PlatoAiStream. Web3 Intelligence. Knowledge Amplified. Access Here.
• PlatoESG. Carbon, CleanTech, Energy, Environment, Solar, Waste Management. Access Here.
• PlatoHealth. Biotech and Clinical Trials Intelligence. Access Here.
• Source: https://ipowatch.in/owais-metal-and-mineral-ipo-date-review-price-allotment-details/