Oremet Alloys & Castings IPO Details

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