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Oremet Alloys And Castings Ltd.

SMEBSE
unknown

TBA

TBA

1 Shares

TBA

₹10

Financial Summary

Standalone(in ₹ million)
ParticularsFY 2024-25FY 2023-24
19,440.2124,819.81
421.55618.19
19,861.7625,438
17,843.4524,105.35
1,941.941,250.8
1,416.19933.7

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About the Company

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.

Use of Proceeds

1) To meet Working Capital Requirement. 2) General Corporate Purposes.

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The for the Oremet Alloys And Castings Ltd. IPO is 1 shares, which is also the minimum order quantity — you have to apply for at least 1 shares, and in multiples of 1 beyond that.