Om Metallogic IPO

About OM Metallogic IPO

The IPO of OM Metallogic Ltd comprises a fresh issue of up to 25,98,400 equity shares aggregating up to ₹22.3462 crores. There’s no offer for sale in this fixed-price IPO. The price band is ₹86 per share. The IPO opens on September 29, 2025 and closes on October 1, 2025.

The listing date is on or before October 7, 2025 and the allotment date is on October 3, 2025. The credit of shares to the Demat account will take place on or before October 6, 2025, while the initiation of refund will take place on October 6, 2025.

Incorporated in 2011, OM Metallogic Ltd is an aluminium recycling company, primarily engaged in processing aluminium-based metal scrap to manufacture aluminium alloys in the form of ingots.

Objectives of OM Metallogic IPO

The company proposes to utilise the IPO proceeds:

• To finance the capital expenditure requirements for the purchase of equipment/machineries for existing manufacturing facility
  
• To part finance the requirement of working capital
  
• For repayment/pre-payment, in full or in part, of certain borrowings
  
• To meet general corporate purposes
  

Industry Outlook

India’s aluminium market is expected to have greater scope in coming years. Increasing infrastructural development and automotive production are the key factors driving the market growth. India is the fourth largest producer of aluminium in the world with a share of around 5.3% of the global aluminium output. It has nearly 10% of the world’s bauxite reserves and a growing aluminium sector that leverages this.

Aluminum consumption in India at 2.7 kg per capita is much below the global average of 11 kg per capita. Demand for the metal is expected to pick up as the scenario improves for user industries, like power, infrastructure and transportation.

Company Information

Incorporated in 2011, OM Metallogic Ltd is an aluminium recycling company, primarily engaged in processing aluminium-based metal scrap to manufacture aluminium alloys in the form of ingots. It’s a customer centric company, constantly striving to create value for its customers through products offered and committed deliveries.

Strengths of OM Metallogic IPO

• Leveraging the experience of promoter and employees
  
• In-house manufacturing facility supported by technology driven process
  
• Long-standing relationship with customers
  
• Focus on quality and timely delivery
  

Risks of OM Metallogic Ltd IPO

• Inability to renew rent agreements or relocate on commercially suitable terms, it may have a material adverse effect on business
  
• Any adverse outcome in the outstanding litigation proceedings involving the company and their promoters will impact the business
  
• Any negative cash flows in the future could adversely affect financial conditions and results of operations
  
• Volatility in the supply and pricing of raw materials, or failure by suppliers to meet their obligations, may have an adverse effect on business
  
• Major concentration in certain geographical regions, adverse development in which could affect operations
  

Anchor Investor Bidding Date

The anchor investor bidding date is Sep 26, 2025.

IPO Registrar and Book Running Lead Manager

• IPO Registrar: Skyline Financial Services Pvt Ltd
• Book Running Lead Manager: Corporate Makers Capital Ltd

Business Model

OM Metallogic Ltd is primarily engaged in processing aluminium-based metal scrap to manufacture aluminium alloys in the form of ingots. The company’s infrastructure in the manufacturing facility gives it the flexibility to process various types of metal scrap, and manufacture alloys in line with the required composition and also enables it to process and utilise various types of scrap.

Company Growth Trajectory

The revenue from operations of OM Metallogic Ltd grew from ₹37.8064 crores in FY 23 to ₹59.9962 crores in FY 25. Its EBITDA margin grew from 6.39% in FY 23 to 10.40% in FY 25, while PAT margin increased from 2.92% in FY 23 to 6.87% in FY 25. In-house manufacturing facility supported by a technology-driven process and long-standing relationships with customers have helped the company grow over the years.

Market Position

Currently, OM Metallogic Ltd has a presence in the state of Delhi, Haryana, Uttar Pradesh and it plans to deepen its presence in the existing market and expand its reach and penetrate into the large available market by giving scale down low-price solutions and grab major market share.

How to Check Allotment Status of the OM Metallogic IPO?

1. Visit the Registrar’s Website

• Visit the official website of Skyline Financial Services Pvt Ltd
• Click on ‘Public Issue’ from ‘Investors’ dropdown
• Choose ‘Company Name’
• Enter DPID/Client ID or Application Number or PAN Number
• Click on ‘Search’ to know the status

2. Check on the Bombay Stock Exchange Website

The Bombay Stock Exchange (BSE) also has an IPO allotment status page. Go to the BSE website and find the 'Investor Services' tab. Under 'Investors Services', click on 'Status of Issue Application'. This will take you to the IPO allotment status page. On the BSE IPO page, follow these steps:

• Choose the Issue Type
• Select the Issue Name from dropdown
• Put in either your application number or PAN number
• Check the box ‘I’m not a robot’
• Click on ‘Search’ to know allotment status

How to Apply for the OM Metallogic Ltd IPO?

• Log in to your Kotak Securities Demat account - Log in to your Demat account to access IPO investments. Next, select the current IPO section.
  
• Specify IPO details - Enter the number of lots and the price you wish to apply for.
  
• Enter UPI ID - After entering your UPI ID, click submit. This will place your bid with the exchange.
  
• Mandate Notification - Your UPI app will receive a mandate notification to block funds.
  
• Approve Request - Your funds will be blocked once you approve the mandate request on your UPI.