stockaxis

Oremet Alloys And Castings Ltd.

IPO Details
  • Issue Type Book building
  • Price range
  • Market Lot
  • Total Equity Shares 4299600
  • Face Value Rs. 10
  • Listing Date
IPO Timeline
Opening date
Closing date
Listing Date

IPO Details

Our Company is engaged in the trading of ferro alloys, including high-carbon silico manganese, manganese ore, and highcarbonferro manganese. We procure these products from suppliers and store them in warehouses near ports for dispatch.Our operations focus on minimizing procurement, loading and delivery time, enabling better pricing and smooth fundrotation. Our business is structured around three models tailored to market needs apart from plain vanilla model which isjust trading of the goods. Out of three models, the just in time model ensures quick dispatch by storing inventory nearports. This model allows us to meet demand, reduce wait times and charge a premium for faster deliveries. The rawmaterial conversion model involves supplying raw materials to ferro alloy manufacturers in return for finished products.These finished goods are then sold to steel manufacturers in domestic and international markets. The Buying FinishedGoods Model involves advance payments for raw materials, procurement of finished goods, and dispatch as per orders.This model helps us manage logistics, reduce costs and improve market response. We maintain relationships withsuppliers, ferro alloy manufacturers and steel producers.

Projects

1. Project Name: Capital expenditure towards purchase of Warehouse

Project Cost: 93.55

2. Project Name: Working Capital Requirements

Project Cost: 857.93

Promoters

Prmoters Name

1. Yash Vardhan Birla

2. Abhishek Birla

Prmoters Holdings
  • Pre Share Capital: 11970000
  • Pre Promoter Holding: 100
  • Offer to Public:
  • Post Share Capital: 11599200
  • Post Promoter Holding:

Registrar

Data not availble

Lead Managers

  • Sobhagya Capital Options Ltd

Subscription Details