Oremet Alloys & Castings IPO Details
Oremet Alloys & Castings IPO Summary
Oremet Alloys & Castings IPO DRHP (Draft Red Herring Prospectus) has been Exchange Approval Received.
Oremet Alloys & Castings IPO total issue size comprises 44,26,800 shares . Pre-issue shareholding stands at 1,19,70,000, which will increase to 1,63,96,800 post-issue.
Oremet Alloys & Castings IPO carries a ₹0 (0%) GMP, reflecting investor sentiment.
The Lead Managers for Oremet Alloys & Castings IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Sobhagya Capital Options Pvt Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For detailed information, Refer to the Oremet Alloys & Castings Limited DRHP.
Oremet Alloys & Castings IPO Details
Oremet Alloys & Castings IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| To be announced | |||
Oremet Alloys & Castings IPO Reservation
Promoter Holding
Documents
Oremet Alloys & Castings IPO Valuations
Oremet Alloys & Castings Financial Information
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 54.07 | 55.48 | 35.32 |
| Total Income | 198.62 | 254.38 | 178.73 |
| Profit After Tax | 14.16 | 9.34 | 2.88 |
| EBITDA | 15.77 | 7.12 | 1.22 |
| Net Worth | 27.37 | 13.21 | 3.87 |
| Reserves and Surplus | 15.40 | 11.50 | 3.86 |
| Total Borrowing | 4.77 | 12.38 | 9.54 |
| Amount in ₹ Crore | |||
About Oremet Alloys & Castings IPO
Incorporated in 2020, Oremet Alloys and Castings Limited is engaged in manufacturing of the high-quality ferro alloys for various industries.
The company offers ferro alloys, including high-carbon silico manganese, manganese ore, and highcarbon ferro manganese.
The company sources goods from global suppliers, supplies them to ferro alloy manufacturers, and ensures quality through regular inspections, maintaining customer satisfaction and securing new orders.
Products:
- Finished goods of the manufacturer: The company supplies silicon manganese, a cost-effective alloy for steel, offering high strength, purity, and excellent chemical properties, used in stainless, alloy, and manganese steels.
- Raw material to the manufacturer: The company supplies manganese, essential for steel production, used in ferro alloys, construction, machinery, transportation, aluminum alloys, and dry cell batteries.
Business Model:
- Just-In-Time Model: Procures finished goods quickly, stores near ports, and dispatches promptly, ensuring efficiency.
- Raw Material Conversion Model: Imports raw materials, purchases finished goods, and sells domestically or through exports.
- Buying Finished Goods Model: Provides advance payments, purchases finished goods from manufacturers, and arranges transportation for delivery.
As on September 30, 2024, the company has 9 (Nine) employees on payroll.
Competitive Strengths:
- Established Relationships with Key Customers, Raw Material Suppliers, and Alloy Manufacturers
- Quality Assurance
- Experienced Promoters and professional management team with technical expertise
- Efficient models like Just In Time delivery Model
- Asset Light
Strength Of Oremet Alloys & Castings IPO
Risk Of Oremet Alloys & Castings IPO
Objectives Oremet Alloys & Castings IPO
1. Capital expenditure towards purchase of Warehouse
2. Working Capital Requirements
3. General Corporate Purposes
Company Contact Details
Oremet Alloys & Castings Ltd.
C/o. Shree Balaji Minerals,
Near Jamna Marble,
Roopangarh, Ajmer
Ajmer, Rajasthan, 305801
Phone: 033 45034564
Email: info@oremetalloys.com
Website: https://oremetalloys.com/
Registrar Contact Details
Market Maker
Oremet Alloys & Castings FAQs
The Oremet Alloys & Castings IPO is a SME public issue comprising 4426800 equity shares with a face value of ₹10 each, aggregating to a total issue size of . The issue price has been fixed at ₹0 per equity share, and the minimum application size is 0 shares.
The IPO opens for subscription on TBA, and closes on TBA.
Maashitla Securities Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the BSE
As of now, the current GMP stands at TBA.
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