Om Metallogic IPO subscribed 1.47 times on the last day. The retail quota was subscribed over 2.53 times, NII was subscribed over 0.41 times, and QIB was subscribed over 0.00 times, respectively.
Details About Om Metallogic IPO
Om Metallogic got approval from SEBI for an IPO of around ₹22.35 crores. Om Metallogic IPO is a fresh issue of ₹22.35 crores with a face value of ₹10 each. Further, Om Metallogic had a set price band between ₹86 per share.
In the Om Metallogic IPO, 3,200 shares were available in two lot sizes for the retail minimum and maximum categories. Moreover, 4,800 shares were in 3 lot sizes for the S-HNI Minimum category.
To invest in the Om Metallogic IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum and maximum investment of ₹2,75,200.
- SHNI (Min): Minimum investment of ₹4,12,800.
Om Metallogic IPO’s Subscription Duration
Om Metallogic’s IPO started for subscription on September 29, 2025, and closed on October 1, 2025. The Om Metallogic IPO’s allotment date was October 3 2025, 2025, and they received a refund on October 6, 2025. In contrast, Om Metallogic’s listing date is scheduled for October 7, 2025.
Om Metallogic IPO funds deployment
- A portion of IPO money would be utilised for the Modernization and expansion of the existing manufacturing unit.
- Some funds will be used for the repayment/prepayment of the existing borrowings taken by the company.
- Lastly, the remaining funds will be used for the General Corporate Purpose.
About Om Metallogic Company
Om Metallogic is one of the leading companies in aluminum recycling. Moreover, the company has the main work of recycling aluminium scrap metal to make aluminium alloys shaped like ingots (blocks).
Additionally, the company checks the composition, inspects during production, and tests the final product, because it’s very important to keep the chemical makeup correct and consistent, in making aluminium alloys.
The company has a factory located on 33,600 sq. feet at Kila No. 17, Harfala Road, Village Sikri, near Gopal Jee Milk Plant, Ballabhgarh, Haryana, India, 121004. Furthermore, it can process 5,280 tons of aluminium scrap every year. The company launches an IPO, with the satisfactory aim of future growth. The company believes that good quality, delivering on time, keeping costs low, and finishing orders well mostly depend on the skills and work of their employees.
Om Metallogic IPO Company Financial Report
The company reported revenue of ₹60.41 crores in 2025 against ₹38.91 crores in 2024. The company reported a profit of ₹4.12 crores in 2025 against a profit of ₹2.22 crores in 2024.
