Owais Metal and Mineral IPO Subscription Status – IPO Closed

Owais Metal and Mineral IPO subscription status started on Monday February 26, 2024 and will close on February 28, 2024. Owais Metal and Mineral IPO to raise around ₹42.69 crores via IPO. The retail quota is 35%, QIB is 50% and NII is 15%. The price band is fixed at ₹83 to ₹87 per equity share.

Owais Metal and Mineral IPO

Table of Contents

The Owais Metal and Mineral IPO minimum market lot is 1600 shares with ₹139,200 application amount. The Owais Metal and Mineral IPO is an SME IPO, and it is to be listed on NSE SME.

Owais Metal and Mineral products like Manganese Oxide are used in the fertilizer industry and are also used by the Manganese Sulphate Plants. Manganese Ore is used in the manufacturing of Ferro Manganese, Silico Manganese, Manganese Oxide, Batteries, and other Ferro products also it can be directly sellable in the market. MC Ferro Manganese is used in steel and casting industries, as it assists in removing sulfur from steel and improving properties, like durability, machinability, and malleability. It can deoxidize molten metal. Their Wood Charcoal is used in furnaces of industries that require high heat for their manufacturing process such as the Steel industry. Processed Quartz is being used hotel industry, Ferro alloy industry, tiles & ceramic industry, glass industry, and industry of interiors & furniture. As of the date of filing DRHP their major products are being supplied to the states of Madhya Pradesh, Maharashtra Punjab, Delhi, and Gujrat.


IPOWatch View

We recommend investors may apply for an IPO with Long-term views. Investors should also look at the QIB, NII, and Retail numbers before investing.

Owais Metal and Mineral IPO Subscription Status – Day 3

CategoryDay 1Day 2Day 3
QIB0.050.7192.06
NII16.3137.30329.36
RII36.4779.55248.50
Total21.7647.99221.18


Owais Metal and Mineral IPO Investor Categories

  • Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
  • Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
  • Retail Individual Investors (RII): Retail Individual Investors or NRIs
  • Employee (EMP): Eligible Employees
  • Others: Eligible Shareholders

Owais Metal and Mineral IPO Review

  • Avoid

Owais Metal and Mineral IPO Form

How to apply for the Owais Metal and Mineral IPO? You can apply for Owais Metal and Mineral IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Owais Metal and Mineral IPO in the Invest section. The other option is you can apply for Owais Metal and Mineral IPO via IPO forms downloaded online. Check out the Owais Metal and Mineral forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.

Owais Metal and Mineral IPO Subscription Status FAQs:


When Owais Metal and Mineral IPO Subscription will start?

The IPO subscription starts on February 26, 2024 for NII, QIB and Retail Investors.

How to subscribe Owais Metal and Mineral IPO?

You can go with ASBA and Non-ASBA options for a subscription. Go to your bank account and apply for IPO online via ASBA or download the form online or get the physical form and submit the filled form to your broker or bank.

How do I check live Owais Metal and Mineral IPO Subscription Numbers Today?

One can visit our portal for live IPO subscription numbers that we are updating hourly basis from the official websites. One can check the live subscription on official websites on the particular IPO page.

How to Apply the Owais Metal and Mineral IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Owais Metal and Mineral “. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Owais Metal and Mineral IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Owais Metal and Mineral “. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Owais Metal and Mineral IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Owais Metal and Mineral ” Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

Share the Post:
Facebook
Twitter
LinkedIn

Follow IPO Watch for the upcoming IPO news and their reviews, also keep following us on TwitterFacebook, and Instagram. For our latest videos, subscribe to our YouTube channel.

One Response

  1. I am magnesite main onwer Rajasthan I am wanted to patener you please call me 97844 90899 Manish gehlot sumerpur


OPEN DEMAT ACCOUNT