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Oremet Alloys IPO IPO

SME[.][.]
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Open
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Allotment
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Listing
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Issue Size
44,26,800 shares (agg. up to ₹[.] Cr)
Listing Date
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✦ AI Insight

Restated Financials (₹ Cr.)

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets54.0755.4835.32
Total Income198.62254.38178.73
Profit After Tax14.169.342.88
EBITDA15.777.121.22
NET Worth27.3713.213.87
Reserves and Surplus15.4011.503.86
Total Borrowing4.7712.389.54
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
Nilachal Carbo Metalicks Ltd.SME₹56.10 Cr₹8513.54₹71.40-16.00%₹80.50 (+0.00%)

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Capital expenditure towards purchase of Warehouse8.62
2Working Capital Requirements21.60
3General Corporate Purposes

About Oremet Alloys 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 advan

Contact Details

Oremet Alloys & Castings Ltd. AddressC/o. Shree Balaji Minerals,Near Jamna Marble,Roopangarh, AjmerAjmer, Rajasthan, 305801033 45034564info@oremetalloys.comVisit Website