Om Metallogic Ltd IPO
Status: Closed
Overview
IPO date
29 Sept 2025 to 01 Oct 2025
Face value
₹ 0 per share
Price
₹ 86 to ₹86 per share
Issue Size
2,598,400 shares
(aggregating up to ₹ 22.35 Cr)
(aggregating up to ₹ 22.35 Cr)
Allotment Date
03 Oct 2025
Listing at
NSE
Issue type
Fixed Price - SME
Sector
Non Ferrous Metals
Objectives of Om Metallogic Ltd IPO
Om Metallogic Ltd IPO Strategy
About Om Metallogic Ltd
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T&C*
Strengths vs Risks of Om Metallogic Ltd
Know the pros & cons
Strengths
Leveraging the experience of our Promoter and employees.- In-house manufacturing facility supported by technology driven process.
- Long-standing relationship with our customers.
- Focus on Quality and Timely Delivery.
Risks
- There are outstanding litigation proceedings involving the Company, the company's Promoters, an adverse outcome in which, may have an adverse impact on its reputation, business, financial condition, results of operations and cash flows.
- Registered Office cum manufacturin facility and Corporate Office of the Company are located on rental premises. If the company is unable to renew such rent agreements or relocate on commercially suitable terms, it may have a material adverse effect on its business, results of operations and financial condition.
- The company's revenues have been significantly dependent on few customers and its inability to maintain such business may have an adverse effect on the company's results of operations.
- The company has experienced negative cash flows and any negative cash flows in the future could adversely affect its financial conditions and results of operations.
- Volatility in the supply and pricing of its raw materials, or failures by suppliers to meet their obligations, may have an adverse effect on the company's business, cash flows, financial condition and results of operations.
- The company's business operations are majorly concentrated in certain geographical regions and any adverse developments affecting its operations in these regions could have a significant impact on the company's revenue and results of operations.
- The company's business is dependent on its Manufacturing Facilities. Any shutdown of operations of the company's Manufacturing Facilities may have an adverse effect on its business and results of operations.
- In the event of any accident at the company's Manufacturing Facilities, the Company may be held liable for damages and penalties which may impact the financials of the Company.
- Under-utilization of the company's manufacturing capacities and an inability to effectively utilize its expanded manufacturing capacities could have an adverse effect on the company's business, future prospects and future financial performance.
- The company could be harmed by employee misconduct or errors that are difficult to detect and any such incidences could adversely affect its financial condition, results of operations and reputation.
- Fraud, theft, employee negligence or similar incidents may adversely affect the company's results of operations and financial condition.
- Delays in Fiing with Registrar of Companies, non-filing, or partial compliance with the requirements of certain statutory authorities and applicable regulatory provisions.
- The company has encountered challenges in meeting the designated timelines for filing statutory returns, which may subject the company to penalty under the relevant laws.
- The Company is dependent on third party transportation providers for the delivery of its input materials and products and any disruption in their operations or a decrease in the quality of their services could affect the Company's reputation and results of operations.
- The company's inability to accurately forecast demand for its products, and accordingly manage the company's inventory, may have an adverse effect on its business, cash flows, financial condition and results of operations.
- The company is subjects to technical specifications and quality provided by its customers and are consequently required to incur significant expenses to maintain the company's product quality accordingly. Any failures to comply with such quality standards may lead to cancellation of existing and future orders which may adversely affect the company's reputation, financial conditions, cash flows and results of operations.
- The company's business is significantly dependent upon the steel and automotive-parts industry. Any downturn or cyclical fluctuation in both these sectors could reduce the demand for the company's products which can adversely impact its business, results of operations, cash flows and financial condition.
- The Company does not have any formal contracts with suppliers and disruption in the supply of raw materials may adversely affect its results of operations.
- The company is heavily dependent on its Promoters, Key Managerial Personnel and Senior Management for the continued success of the company's business through their continuing services and strategic guidance and support, the loss of any of the Promoter, KMP, SMP may adversely affect its business operations and financial results.
- The company requires certain approvals, licenses, registrations and permits to operate the company's business, and failure to obtain or renew them in a timely manner or maintain the statutory and regulatory permits and approvals required to operate its business may adversely affect the company's operations and financial conditions.
- The Company may not be successful in penetrating new geographical markets and expanding in any new geographical regions may lead to additional risks associated with establishing and conducting operations which may adversely affect its business operations and financial results.
- The company's results of operations and cash flows could be adversely affected, if the company is unable to collect the company's dues and receivables from, or invoice our unbilled services to, the company's clients.
- The company has entered into and may continue to enter into related party transactions and there can be no assurance that such transactions have been on favourable terms.
- Failures to effectively manage labour or failures to ensure availability of sufficient labour could affect the business operations of the Company.
- The average cost of acquisition of Equity Shares by the company's Promoter may be less than the Issue Price.
- The company's lenders have charge over its movable properties in respect of finance availed by the company. Any delay or default in repayment may lead to forfeiture of property by the lender and it may adversely affect on business, financial condition or results of operations.
- The Company has unsecured loans which are repayable on demand. Any demand loan from lenders for repayment of such unsecured loans, may adversely affect its cash flows.
- The company is subject to the restrictive covenants of banks in respect of the Loans/ Credit Limits and other banking facilities availed from them.
- The company's Promoters have extended mortgage over their properties along with personal guarantees with respect to various loan facilities availed by the Company. Revocation of any or all of these personal guarantees may adversely affect its business operations and financial condition.
- Information relating to the company's production capacities and the historical capacity utilization of its production facilities included in this Prospectus is based on certain assumptions and has been subjected to rounding off, and future production and capacity utilization may vary.
- If the company fails to maintain and enhance its brand and reputation, our clients' recognition of, and trust in the company, and its business may be materially and adversely affected.
- Changes in technology may render the company's current technologies obsolete or require the company to make substantial investments.
- Negative publicity could adversely affect the company's revenue model and profitability of the Company.
- If the company is unable to source business opportunities effectively, the company may not achieve its financial objectives.
- The Company requires significant amounts of working capital for a continued growth. The company's inability to meet its working capital requirements may have an adverse effect on the company's results of operations.
- The company's Promoters, Directors and Key Management Personnel or Senior Management have interest in the Company, other than reimbursement of expenses incurred or remuneration.
- The company intend to utilise a portion of the Net Proceeds for funding its capital expenditure requirements. The company is yet to place orders for such capital expenditure machinery.
- Relevant copies of Educational qualification of the company's Promoters and Experience Certificates of its CFO are not traceable.
- Any Penalty or demand raised by statutory authorities in future will affect the company's financial position of the Company.
- The company is subject to competition from both organized and unorganized players in the market, which may significantly affect the fixation and realisation of the price for its product, which may adversely affect the company's business operation and financial condition.
- There is no guarantee that the Equity Shares issued pursuant to the Issue will be listed on the SME Platform of BSE Limited in a timely manner or at all.
- The company's insurance coverage may not adequately protect the company against certain operating risks and this may have an adverse effect on the results of its business.
- The company has not made any dividend payments in the past and its ability to pay dividends in the future will depend upon future earnings, financial condition, cash flows, working capital requirements, capital expenditures and restrictive covenants in the company's financing arrangements.
- If the company is unable to manage its growth effectively or if the company's estimates or assumptions used in developing its strategic plan are inaccurate or the company is unable to execute its strategic plan effectively, the company's business and prospects may be materially and adversely affected.
- The company's Promoters will continue to retain significant control in the Company after the Issue which will allow them to influence the outcome of matters submitted to shareholders for approval. Such a concentration of ownership may also have the effect of delaying, preventing or deterring a change in control.
- Certain key performance indicators of listed industry peers included in this Prospectus have been sourced from public sources and there is no assurance that such financial and other industry information is complete.
- There is no monitoring agency appointed by the Company and the deployment of funds are at the discretion of our Management and its Board of Directors, though it shall be monitored by the Audit Committee.
- Delay in raising funds from the IPO could adversely impact the implementation schedule.
- The Objects of the Issue for which funds are being raised, are based on the company's management estimates and any bank or financial institution or any independent agency has not appraised the same. The deployment of funds in the project is entirely at its discretion, based on the parameters as mentioned in the chapter titles "Objects of the Issue".
- The company has not independently verified certain data in this Prospectus.
- Any future issue of Equity Shares may dilute your shareholding and sales of the company's Equity Shares by its Promoters or other major shareholders may adversely affect the trading price of the Equity Shares.
- You may be subject to Indian taxes arising out of capital gains on the sale of the company's Equity Shares.
- The company's inability to manage growth could disrupt its business and reduce profitability. The company's Business strategy is to continuously grow by expanding the size and geographical scope of its businesses.
How to check the allotment status of Om Metallogic Ltd IPO?
Follow the steps
Open link to the registrar using this URL (https://evault.kfintech.com/ipostatus/).
Select company from dropdown menu.
Enter details- PAN, Application number or DP client ID
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The IPO opens on 29 Sept 2025 & closes on 01 Oct 2025.
Om Metallogic Limited was originally incorporated at Haryana as 'Om Metallogic Private Limited' on 14 December, 2011 with the Registrar of Companies, Delhi and Haryana. Upon the conversion of status to Public Company, the name was changed to 'Om Metallogic Limited' vide fresh Certificate of Incorporation dated 26 June, 2023 issued by the Registrar of Companies, Delhi.
Incorporated in 2011, Om Metallogic Limited is an aluminium recycling Company, primarily engaged in processing aluminium based metal scrap to manufacture aluminium alloys in the form of ingots. Aluminium alloys are used in automobiles components due to its stiffness, corrosion resistance and excellent strength to weight ratio. The versatile properties of aluminium and its alloys, results in it being used in automobiles Industry. The Company presently carry all manufacturing operations through production facility located at Ballabhgarh, in Haryana, which has 5,280 Ton per Annum installed capacity for processing aluminium scrap.
The major role in melting of metal is played by furnace, which is a high - temperature device used to melt the metal scrap. It is a structure in which material can be heated to very high temperature. The aluminium ingots are produced though induction furnace by melting of aluminium scrap. This is continuous process controlled by uniform heating with the help of electricity. The aluminium scrap is put into the crucible and heated to required temperature for secondary refining. The liquid metal then poured into cast iron moulds and the ingots so produced from furnace.
The Company launched the IPO by allotting a fresh issue of 25,98,000 equity shares of Rs 10 and raised funds of Rs 22.35 crore on 30 September, 2025.
Om Metallogic Ltd IPO will close on 01 Oct 2025.
- Leveraging the experience of our Promoter and employees.
- In-house manufacturing facility supported by technology driven process.
- Long-standing relationship with our customers.
- Focus on Quality and Timely Delivery.
| S.No | Promoters Name | Pre Issue Shares | Pre Issue Percentage | Post Issue Shares | Post Issue Percentage |
|---|---|---|---|---|---|
| 1 | Manish Sharma | 4646800 | 88.28 | 4646800 | 59.1 |
| 2 | Seema Sharma | 12000 | 0.23 | 12000 | 0.15 |
- There are outstanding litigation proceedings involving the Company, the company's Promoters, an adverse outcome in which, may have an adverse impact on its reputation, business, financial condition, results of operations and cash flows.
- Registered Office cum manufacturin facility and Corporate Office of the Company are located on rental premises. If the company is unable to renew such rent agreements or relocate on commercially suitable terms, it may have a material adverse effect on its business, results of operations and financial condition.
- The company's revenues have been significantly dependent on few customers and its inability to maintain such business may have an adverse effect on the company's results of operations.
- The company has experienced negative cash flows and any negative cash flows in the future could adversely affect its financial conditions and results of operations.
- Volatility in the supply and pricing of its raw materials, or failures by suppliers to meet their obligations, may have an adverse effect on the company's business, cash flows, financial condition and results of operations.
- The company's business operations are majorly concentrated in certain geographical regions and any adverse developments affecting its operations in these regions could have a significant impact on the company's revenue and results of operations.
- The company's business is dependent on its Manufacturing Facilities. Any shutdown of operations of the company's Manufacturing Facilities may have an adverse effect on its business and results of operations.
- In the event of any accident at the company's Manufacturing Facilities, the Company may be held liable for damages and penalties which may impact the financials of the Company.
- Under-utilization of the company's manufacturing capacities and an inability to effectively utilize its expanded manufacturing capacities could have an adverse effect on the company's business, future prospects and future financial performance.
- The company could be harmed by employee misconduct or errors that are difficult to detect and any such incidences could adversely affect its financial condition, results of operations and reputation.
- Fraud, theft, employee negligence or similar incidents may adversely affect the company's results of operations and financial condition.
- Delays in Fiing with Registrar of Companies, non-filing, or partial compliance with the requirements of certain statutory authorities and applicable regulatory provisions.
- The company has encountered challenges in meeting the designated timelines for filing statutory returns, which may subject the company to penalty under the relevant laws.
- The Company is dependent on third party transportation providers for the delivery of its input materials and products and any disruption in their operations or a decrease in the quality of their services could affect the Company's reputation and results of operations.
- The company's inability to accurately forecast demand for its products, and accordingly manage the company's inventory, may have an adverse effect on its business, cash flows, financial condition and results of operations.
- The company is subjects to technical specifications and quality provided by its customers and are consequently required to incur significant expenses to maintain the company's product quality accordingly. Any failures to comply with such quality standards may lead to cancellation of existing and future orders which may adversely affect the company's reputation, financial conditions, cash flows and results of operations.
- The company's business is significantly dependent upon the steel and automotive-parts industry. Any downturn or cyclical fluctuation in both these sectors could reduce the demand for the company's products which can adversely impact its business, results of operations, cash flows and financial condition.
- The Company does not have any formal contracts with suppliers and disruption in the supply of raw materials may adversely affect its results of operations.
- The company is heavily dependent on its Promoters, Key Managerial Personnel and Senior Management for the continued success of the company's business through their continuing services and strategic guidance and support, the loss of any of the Promoter, KMP, SMP may adversely affect its business operations and financial results.
- The company requires certain approvals, licenses, registrations and permits to operate the company's business, and failure to obtain or renew them in a timely manner or maintain the statutory and regulatory permits and approvals required to operate its business may adversely affect the company's operations and financial conditions.
- The Company may not be successful in penetrating new geographical markets and expanding in any new geographical regions may lead to additional risks associated with establishing and conducting operations which may adversely affect its business operations and financial results.
- The company's results of operations and cash flows could be adversely affected, if the company is unable to collect the company's dues and receivables from, or invoice our unbilled services to, the company's clients.
- The company has entered into and may continue to enter into related party transactions and there can be no assurance that such transactions have been on favourable terms.
- Failures to effectively manage labour or failures to ensure availability of sufficient labour could affect the business operations of the Company.
- The average cost of acquisition of Equity Shares by the company's Promoter may be less than the Issue Price.
- The company's lenders have charge over its movable properties in respect of finance availed by the company. Any delay or default in repayment may lead to forfeiture of property by the lender and it may adversely affect on business, financial condition or results of operations.
- The Company has unsecured loans which are repayable on demand. Any demand loan from lenders for repayment of such unsecured loans, may adversely affect its cash flows.
- The company is subject to the restrictive covenants of banks in respect of the Loans/ Credit Limits and other banking facilities availed from them.
- The company's Promoters have extended mortgage over their properties along with personal guarantees with respect to various loan facilities availed by the Company. Revocation of any or all of these personal guarantees may adversely affect its business operations and financial condition.
- Information relating to the company's production capacities and the historical capacity utilization of its production facilities included in this Prospectus is based on certain assumptions and has been subjected to rounding off, and future production and capacity utilization may vary.
- If the company fails to maintain and enhance its brand and reputation, our clients' recognition of, and trust in the company, and its business may be materially and adversely affected.
- Changes in technology may render the company's current technologies obsolete or require the company to make substantial investments.
- Negative publicity could adversely affect the company's revenue model and profitability of the Company.
- If the company is unable to source business opportunities effectively, the company may not achieve its financial objectives.
- The Company requires significant amounts of working capital for a continued growth. The company's inability to meet its working capital requirements may have an adverse effect on the company's results of operations.
- The company's Promoters, Directors and Key Management Personnel or Senior Management have interest in the Company, other than reimbursement of expenses incurred or remuneration.
- The company intend to utilise a portion of the Net Proceeds for funding its capital expenditure requirements. The company is yet to place orders for such capital expenditure machinery.
- Relevant copies of Educational qualification of the company's Promoters and Experience Certificates of its CFO are not traceable.
- Any Penalty or demand raised by statutory authorities in future will affect the company's financial position of the Company.
- The company is subject to competition from both organized and unorganized players in the market, which may significantly affect the fixation and realisation of the price for its product, which may adversely affect the company's business operation and financial condition.
- There is no guarantee that the Equity Shares issued pursuant to the Issue will be listed on the SME Platform of BSE Limited in a timely manner or at all.
- The company's insurance coverage may not adequately protect the company against certain operating risks and this may have an adverse effect on the results of its business.
- The company has not made any dividend payments in the past and its ability to pay dividends in the future will depend upon future earnings, financial condition, cash flows, working capital requirements, capital expenditures and restrictive covenants in the company's financing arrangements.
- If the company is unable to manage its growth effectively or if the company's estimates or assumptions used in developing its strategic plan are inaccurate or the company is unable to execute its strategic plan effectively, the company's business and prospects may be materially and adversely affected.
- The company's Promoters will continue to retain significant control in the Company after the Issue which will allow them to influence the outcome of matters submitted to shareholders for approval. Such a concentration of ownership may also have the effect of delaying, preventing or deterring a change in control.
- Certain key performance indicators of listed industry peers included in this Prospectus have been sourced from public sources and there is no assurance that such financial and other industry information is complete.
- There is no monitoring agency appointed by the Company and the deployment of funds are at the discretion of our Management and its Board of Directors, though it shall be monitored by the Audit Committee.
- Delay in raising funds from the IPO could adversely impact the implementation schedule.
- The Objects of the Issue for which funds are being raised, are based on the company's management estimates and any bank or financial institution or any independent agency has not appraised the same. The deployment of funds in the project is entirely at its discretion, based on the parameters as mentioned in the chapter titles "Objects of the Issue".
- The company has not independently verified certain data in this Prospectus.
- Any future issue of Equity Shares may dilute your shareholding and sales of the company's Equity Shares by its Promoters or other major shareholders may adversely affect the trading price of the Equity Shares.
- You may be subject to Indian taxes arising out of capital gains on the sale of the company's Equity Shares.
- The company's inability to manage growth could disrupt its business and reduce profitability. The company's Business strategy is to continuously grow by expanding the size and geographical scope of its businesses.
The Issue type of Om Metallogic Ltd is Fixed Price - SME.
The minimum application for shares of Om Metallogic Ltd is 3200.
The total shares issue of Om Metallogic Ltd is 2598400.
Initial public offer of up to 25,98,400 equity shares of face value of Rs. 10/- each ("Equity Shares") of Om Metallogic Limited ("the Company" or the "Issuer") for cash at a price of Rs. 86.00/- per equity share including a share premium of Rs. 76.00/- per equity share (the "Issue Price") aggregating to Rs. 22.35 crores ("the Issue") of which up to 1,31,200 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 86.00/- per equity share including a share premium of Rs. 76.00/- per equity share aggregating to Rs. 1.13 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 24,67,200 equity shares of face value of Rs. 10/- each at a price of Rs. 86.00/- per equity share including a share premium of Rs. 76.00/- per equity share aggregating to Rs. 21.22 crores (the "Net Issue"). The issue and the net issue will constitute up to 33.05% and 31.38% respectively of the post issue paid up equity share capital of the company.
Price Band: Rs. 86/- for equity share of face value of Rs. 10 each.
The floor price is 8.60 times times the face value times of the face value of the equity shares.
Bids can made for a minimum of 3,200 equity shares and in multiples of 1,600 equity shares thereafter.