India’s SME IPO market continues to attract investors seeking niche opportunities. Om Metallogic Ltd., a specialist in aluminium and non-ferrous metal recycling, is set to open its IPO on September 29, 2025, offering investors a chance to participate in the growing metal recycling and processing sector.
About Om Metallogic Ltd.
Incorporated in 2011, Om Metallogic Ltd. recycles aluminium-based scrap into high-quality alloys in forms like cubes, ingots, shots, and notch bars. These materials are used across automotive, construction, electrical, and food packaging sectors, valued for their corrosion resistance, stiffness, and excellent strength-to-weight ratio.
The company operates a state-of-the-art manufacturing facility at Kila No. 17, Harfala Road, Ballabhgarh, Haryana, with a 5,280 TPA capacity. Om Metallogic emphasises quality assurance, technology-driven processes, and customer-centric operations, catering to both domestic and international clients.
Products & Services:
- Recycled Non-Ferrous Metals: Aluminium, copper, brass, and zinc recovered from industrial scrap.
- Metal Ingots and Alloys: Standardised and custom alloy ingots for industrial applications.
- Metal Scrap Processing: Collection, segregation, cutting, and melting of scrap.
- Custom Recycling Solutions: Tailored solutions for industrial clients to reduce waste and recover metals.
- Sustainable Metal Sourcing: ESG-conscious metal alternatives.
- Logistics & Supply Chain Services: Timely, secure delivery of processed metal goods.
As of September 30, 2024, the company has 19 employees.
Competitive Strengths:
- Experienced promoters and skilled workforce
- In-house technology-driven manufacturing
- Diversified and loyal client base
- Strong focus on quality and innovation
Om Metallogic IPO Details
The Om Metallogic IPO is a fixed price issue of ₹22.35 crore, entirely a fresh issue of 0.26 crore shares, to be listed on BSE SME.
IPO Timeline:
| Event | Date (Tentative) |
| IPO Open Date | Sep 29, 2025 |
| IPO Close Date | Oct 1, 2025 |
| Tentative Allotment | Oct 3, 2025 |
| Initiation of Refunds | Oct 6, 2025 |
| Credit of Shares to Demat | Oct 6, 2025 |
| Tentative Listing Date | Oct 7, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Oct 1, 2025 |
Key IPO Details:
| Parameter | Details |
| Face Value | ₹10 per share |
| Issue Price | ₹86 per share |
| Lot Size | 1,600 shares |
| Total Issue Size | 25,98,400 shares (₹22.35 Cr) |
| Sale Type | Fresh Capital |
| Reserved for Market Maker | 1,31,200 shares (₹1.13 Cr) |
| Net Offered to Public | 24,67,200 shares (₹21.22 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Shareholding Pre-Issue | 50,28,466 shares |
| Shareholding Post-Issue | 76,26,866 shares |
IPO Lot Size & Investment:
| Application | Lots | Shares | Amount |
| Retail (Min) | 2 | 3,200 | ₹2,75,200 |
| Retail (Max) | 2 | 3,200 | ₹2,75,200 |
| HNI (Min) | 3 | 4,800 | ₹4,12,800 |
Promoter Holding:
- Promoters: Mr. Manish Sharma & Mrs. Seema Sharma
- Pre-IPO: 88.51%
- Post-IPO: 59.26%
Book Running Lead Manager: Corporate Makers Capital Ltd.
Registrar: Skyline Financial Services Pvt. Ltd.
Om Metallogic Ltd.: Financials
Financial Highlights (₹ Crore):
| Period Ended | 31 Jan 2025 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 26.73 | 25.11 | 23.33 | 23.83 |
| Total Income | 49.68 | 38.91 | 37.84 | 41.29 |
| Profit After Tax | 2.80 | 2.22 | 1.10 | 0.16 |
| EBITDA | 4.35 | 3.73 | 2.42 | 0.96 |
| Net Worth | 10.46 | 7.66 | 4.87 | 3.76 |
| Reserves & Surplus | 5.20 | 2.40 | 2.87 | 1.76 |
| Total Borrowing | 10.46 | 11.04 | 11.55 | 11.30 |
Key Performance Indicators (KPI):
| KPI | Values |
| ROE | 42.37% |
| ROCE | 55.50% |
| RoNW | 34.96% |
| PAT Margin | 6.87% |
| EBITDA Margin | 10.40% |
Objects of the Issue
| Object | Expected Amount (₹ Cr) |
| Modernisation & expansion of existing manufacturing unit | 2.31 |
| Part finance for working capital requirements | 8.50 |
| Repayment/prepayment of borrowings | 5.50 |
| General corporate purposes | Balance |
Industry Outlook
The recycling and metal processing sector is experiencing growth due to:
- Increased demand for sustainable and recycled aluminium and non-ferrous metals
- Automotive, electrical, and construction sectors requiring high-quality alloys
- ESG-conscious manufacturing driving preference for recycled metals
- Technology-driven processing reduces costs and increases efficiency
Om Metallogic’s focus on quality, technology, and sustainable sourcing positions it to benefit from these trends.
Conclusion
Om Metallogic Ltd. presents an interesting investment opportunity in the aluminium and non-ferrous metal recycling sector, with a growing market, robust production capacity, and a strategic focus on sustainability and technology. Investors should weigh opportunities against potential risks such as volatility in metal scrap prices and dependence on industrial clients.
If you are exploring more investment opportunities, check out our dedicated page on upcoming IPO listings to stay updated on the latest market offerings.
