anubhai angaldas Securities Pvt. Ltd. Member: BSE - NSE - CDSL

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MARKET

IPO Synopsis
Owais Metal and Mineral Processing Ltd
Registered Office: C/o Sayyad Akhtar Ali Vahid-, Nagar Old Baipass Road NA, Ratlam - 457001, Madhya Pradesh
Phone: 1
Email: 1
Website: 1
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.
Issue Money Payable On
Opens On Closes On Application Allotment
26-Feb-2024 28-Feb-2024 87.00 - 0.00 0.00 - 0.00
Cr. Lead Managers to the Issue
Project Cost 39.35
Project Financed through Current Offer 42.69
Post Issue Equity Share Capital 18.18
Issue Price 87.00
Projects
Purchase of Equipments of Facilitate Manufacturing
Working Capital Requirements
General corporate purposes
Promoted By
Saiyyed Owais Ali
Sayeed Akhtar Ali
Saiyeed Murtaza Ali
NSE - SME
Registrar to the Issue
Attention Investor
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