Bookbuilding IPO | ₹[.] Cr | Listing at BSE SME |
Oremet Alloys & Castings Ltd. has withdrawn its Initial Public Offer (IPO) documents filed with the exchange on November 21, 2025.
Oremet Alloys & Castings Ltd. IPO was a Book Build Issue consisting solely of fresh issue of upto 0.44 crore equity shares.
The equity shares were proposed to be listed on the BSE SME. Sobhagya Capital Options Pvt.Ltd. was the book running lead manager and Maashitla Securities Pvt.Ltd. was the registrar of the issue.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 44,26,800 shares (agg. up to ₹[.] Cr) |
| Fresh Issue | 44,26,800 shares (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 1,19,70,000 shares |
| Share Holding Post Issue | 1,63,96,800 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Sun, Mar 30, 2025 |
| Offer document withdrawn | Fri, Jun 6, 2025 |
| Filed with SEBI/Exchange | Thu, Jun 26, 2025 |
| Offer document withdrawn | Fri, Nov 21, 2025 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Offer |
| Retail Shares Offered | Not less than 35% of the Net Offer |
| NII Shares Offered | Not less than 15% of the Net Offer |
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:
Business Model:
As on September 30, 2024, the company has 9 (Nine) employees on payroll.
Competitive Strengths:
Oremet Alloys & Castings Ltd.'s revenue decreased by 22% and profit after tax (PAT) rose by 52% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 54.07 | 55.48 | 35.32 |
| Total Income | 198.62 | 254.38 | 178.73 |
| Profit After Tax | 14.16 | 9.34 | 2.88 |
| EBITDA | 15.77 | 7.12 | 1.22 |
| NET Worth | 27.37 | 13.21 | 3.87 |
| Reserves and Surplus | 15.40 | 11.50 | 3.86 |
| Total Borrowing | 4.77 | 12.38 | 9.54 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Capital expenditure towards purchase of Warehouse | 8.62 |
| 2 | Working Capital Requirements | 21.60 |
| 3 | General Corporate Purposes |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 69.81% |
| ROCE | 61.50% |
| Debt/Equity | 0.17 |
| RoNW | 69.81% |
| PAT Margin | 7.28% |
| EBITDA Margin | 8.11% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 100% |
Lead Manager Reports
Oremet Alloys IPO is a SME IPO of 44,26,800 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Oremet Alloys IPO open and close dates are not available as of now.
Maashitla Securities Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Oremet Alloys IPO using UPI as a payment gateway. Zerodha customers can apply in Oremet Alloys IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Oremet Alloys IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Oremet Alloys IPO dates are not announced. Please check back again after some time.
Oremet Alloys IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Oremet Alloys IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Oremet Alloys IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Oremet Alloys IPO allotment status.
The Oremet Alloys IPO listing date is not yet announced. The tentative date of listing is .
