31 Mar 2023
Assets3.80
Profit After Tax-0.13
NET Worth0.57
Reserves and Surplus0.44
Total Borrowing3.21
At a glance
Updated 2026-09-15The shares listed at ₹250.00, a 187.36% move from the issue price. Owais Metal and Mineral Processing is a SME IPO with an issue size of ₹42.69 crore, proposed for listing on NSE SME. The offer opens on 26th Feb 2024 and closes on 28th Feb 2024. The issue structure includes a fresh issue of ₹39.70 crore. The current listing schedule points to 4th Mar 2024.
Issue details
Listing atNSE SME
Issue typeBook Build Issue
Issue size₹42.69 Cr
Fresh issue₹39.70 Cr
Face value₹10
Price band₹83.00–₹87.00
Allotment29th Feb 2024
Listing4th Mar 2024
Listing performance
Full performance ↗Issue price₹87.00
Listing price₹250.00
Current price—
Listing gain187.36%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹100.00
GMP / upper price114.94%
Est. listing₹187.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens26th Feb 2024
Closes28th Feb 2024
Allotment29th Feb 2024
Refund1st Mar 2024
Demat1st Mar 2024
Listing4th Mar 2024
Subscription demand
Full bidding ↗Total221.18×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 1600 | ₹139,200 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Purchase of Equipments to Facilitate Manufacturing | ₹19.77 Cr |
| Working Capital Requirements | ₹18.00 Cr |
| General Corporate Purposes | ₹1.59 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue39.78₹ Cr
PAT7.65₹ Cr · +5,984.6% vs prior year
Assets51.64₹ Cr · +1,258.9% vs prior year
Net Worth21.23₹ Cr · +3,624.6% vs prior year
Borrowing13.51₹ Cr · +320.9% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Dec 2023
Assets51.64
Total Income39.78
Profit After Tax7.65
NET Worth21.23
Reserves and Surplus7.95
Total Borrowing13.51
KPIs
| KPI |
|---|
| ROE |
| Debt / Equity |
| RoNW |
| PAT Margin |
| Price to Book Value |
Valuation & shareholding
Pre-IPO EPS4.08
Post-IPO EPS2.98
Pre-IPO P/E21.35
Post-IPO P/E29.24
Promoter holding pre100%
Promoter holding post73.01%
Market cap₹158.19 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Owais Metal and Mineral Processing IPO | — | 15.50 x | — | — |
| SK Minerals IPO | — | 18.11 x | — | — |
| Nilachal Carbo IPO | — | 15.12 x | — | — |
| Balaji Phosphates IPO | — | 16.72 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Payment to the Lead Manager | ₹0.90 Cr |
| Underwriting Fees | ₹1.00 Cr |
| Market Making Fees | ₹0.11 Cr |
| Fees payable to Registrar to Issue | ₹0.03 Cr |
| Fees to Legal Advisor | ₹0.02 Cr |
| Advertisement Expenses | ₹0.05 Cr |
| Fees payable to Regulators including Stock Exchange & Depositories | ₹0.10 Cr |
| Printing & Distribution Expenses | ₹0.01 Cr |
| Marketing & Selling Expenses | ₹0.02 Cr |
| Payment to Sponsor Bank | ₹0.02 Cr |
| Statutory & Other Reports | ₹0.01 Cr |
Registrar & lead managers
Registrar
Bigshare Services Pvt.Ltd.Lead managers
- Gretex Corporate Services Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-15.
IPO UPDATE ALERTS
Register for IPO Updates →Track Owais Metal and Mineral Processing without missing an update
Register for subscription, GMP, allotment and listing notifications.