Oremet Alloys and Castings Ltd - IPO

Oremet Alloys and Castings Ltd IPO Details

Initial public issue of upto 44,26,800* equity shares of face value of Rs.10/- each (the Equity Shares) of Oremet Alloys And Castings Limited (the Company or the Issuer) at an issue price of Rs. [*] per equity share (Including a Share Premium of [*] per Equity Share) for cash, aggregating up to Rs. [*] crores. The issue includes a reservation of upto [*] equity shares of face value of Rs.10/- each, at an issue price of Rs. [*] per equity share for cash, aggregating Rs. [*] crores will be reserved for subscription by the market maker to the issue (the Market Maker Reservation Portion). The public issue less market maker reservation portion i.e. net issue of upto [*] equity shares of face value of Rs.10/- each, at an issue price of Rs. [*] per equity share for cash, aggregating upto Rs. [*] crores is herein after referred to as the Net Issue. The public issue and net issue will constitute [*] % and [*] % respectively of the post- issue paid-up equity share capital of the company.The face value of equity shares is Rs.10/- each. the issue price is [*] times the face value of the equity shares. The price band and the minimum bid lot will be decided by the company.

Objective of issue

Capital expenditure towards purchase of Warehouse. Working capital requirements. General corporate purposes.

Oremet Alloys and Castings Ltd Contact Details

Oremet Alloys and Castings Ltd, 451 Krishna Apra Bus, Netaji Subhash Place, Pitampura, New Delhi-110034

Phone - 011-45121795

Fax - 01145121795

Email - info@oremetalloys.com

Website - https:, oremetalloys.com