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Owais Metal and Mineral Processing Limited IPO

Owais Metal and Mineral Processing Limited was a SME IPO in the Ferro & Silica Manganese sector, offered at ₹83–₹87 per share to raise ₹43 crore. It listed on 4 Mar 2024 at ₹250 and closed its first day at ₹262, a listing gain of +201.7% versus the ₹87 issue price. It now trades around ₹68 (-21.7% versus the issue price).

Frequently asked questions

What were the Owais Metal and Mineral Processing Limited IPO listing gains?
Owais Metal and Mineral Processing Limited listed on 4 Mar 2024 at ₹250, closing its first day at ₹262 — a listing gain of +201.7% versus the ₹87 issue price.
What was the price band and lot size of the Owais Metal and Mineral Processing Limited IPO?
The price band was ₹83–₹87 per share, with a minimum lot of 1,600 shares (₹1,39,200 at the upper band).
Who were the registrar and lead manager for the Owais Metal and Mineral Processing Limited IPO?
Bigshare Services Private Limited was the registrar, and Gretex Corporate Services was the book-running lead manager.