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    IPO Note | Closed

    Owais Metal and Mineral Processing Ltd

    Minimum Investment

    1,39,200

    Retail Investor can invest upto Rs 0 in IPO
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    Retail Discount

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    Open Date

    26-Feb-24
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    Close Date

    28-Feb-24
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    Application Timing

    IPO Details

    • Min Order Quantity
      1600
    • Price Range
      87-0
    • Issue Size
      42.69
    • Face Value
      10
    • Listing at
      NSE - SME
    • IPO Doc
      DRHP PDFpdf - img

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    Lead Manager

    Gretex Corporate Services Ltd

    About Company

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      Parent Organization
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      Founded
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      Managing Director
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      Website
      www.ommpl.com
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      Registered Office
      C/o Sayyad Akhtar Ali Vahid-,Nagar Old Baipass Road NA,
      Ratlam,457001,Madhya Pradesh

    IPO Schedule

    Offer Start

    26-Feb-24

    Offer End

    28-Feb-24

    Allotment Finalization

    Refund initiation

    Demat transfer

    Listing

    Key Objective

    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.

    Financial Snapshot (Standalone)

    Financial Year Ended Revenue( Crores) PAT ( Crores) EPS()
    Mar 2023 0 -0.13 -293.54
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    How to apply for IPOs with Arihant Capital

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    Step 1

    Go to IPO Online page

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    Step 2

    Login using your “client code” or PAN and mobile number by verifying OTP.

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    Step 3

    Click on “Apply IPO” to enter your bid quantity and UPI id.

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    Step 4

    Go to your UPI application and approve the payment request.

    Viola! You have successfully applied to the IPO.

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    • Enter the bid quantity and approve the UPI payment mandate.
    • Your bid is complete!

    When the IPO shares are allotted, you will either get full or partial allotment from the bid you made.

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