Owais Metal and Mineral Processing Limited
ListedSMEEmerging SME Services · NSE
Established in 2022, Owais Metal and Mineral Processing Limited specializes in metal and mineral processing, having evolved from its prior operation as M/s Owais Ali Overseas, a sole proprietorship led by Mr. Saiyyed Owais Ali. The company's diverse product portfolio includes manganese oxide (MnO) for the fertilizer and manganese sulfate industries, MC Ferro Manganese for steel and casting, charcoal for high-heat industrial furnaces, and various mineral processing solutions involving ferroalloys, quartz, and manganese ore, serving industries such as hospitality, ceramics, glass, and furniture. With a market presence spanning Madhya Pradesh, Maharashtra, Punjab, Delhi, and Gujarat, the company operates a manufacturing facility in Meghnagar, Madhya Pradesh. As of December 31, 2023, Owais Metal and Mineral Processing Limited employed 25 permanent staff members, supporting its operational and market expansion efforts.
Price Band
₹83 – ₹87
Issue Size
₹42.69 Cr
Lot Size
1600 shares
GMP
₹100
+114.9%
Est. Listing
₹187
at current GMP
Subscribed
221.29x
overall
Open
26 Feb 2024
Close
28 Feb 2024
Allotment
29 Feb 2024
Refund
1 Mar 2024
Demat Credit
2 Mar 2024
Listing
4 Mar 2024
Last updated 12 days ago
Live Grey Market Premium
Owais Metal and Mineral Processing Limited GMP Today
Last updated: 19 Oct 2026
Current Premium
₹100+114.9%
Issue Price (Upper)
₹87
Band: ₹83 – ₹87
Estimated Listing Price
₹187
Upper price + GMP
Lot Size
1600 shares
Min investment ₹1,39,200
Estimated Profit / Lot
₹1,60,000
1600 × ₹100
Owais Metal and Mineral Processing Limited GMP Historical Trend
GMP History
Grey Market Premium trend
+₹100
▲ 0 today
Updated 1 minute ago
Estimated Listing Price
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹100 | 114.9% | ₹187 |
| 30 Oct 2026 | +₹100 | 114.9% | ₹187 |
| 29 Oct 2026 | +₹90 | 103.5% | ₹177 |
GMP is unofficial market data. Not a guarantee of listing performance.
About Owais Metal and Mineral Processing Limited Public Issue & Market Profile
Owais Metal and Mineral Processing Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹42.69 Crores. The shares are offered at a price band of ₹83 to ₹87 per equity share on NSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
Public Issue & Pricing Context:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Basis of Allotment & Listing Timeline:
Following the close of bidding on 2024-02-28, the basis of allotment is scheduled to be finalized on 2024-02-29. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.
Frequently Asked Questions
What is Owais Metal and Mineral Processing Limited IPO GMP today?
The latest grey market premium for Owais Metal and Mineral Processing Limited IPO is ₹100, which indicates an expected listing price of ₹187.
What does Kostak Rate and Sauda mean in IPO GMP?
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
Is Grey Market Premium officially recognized?
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.