Om Metallogic Ltd. IPO

Incorporated in 2011, we are an aluminium recycling Company, primarily engaged in processing aluminium based metal scrap to manufacture aluminium alloys in the form of ingots. The versatile properties of aluminium and its alloys, results in it being used in automobiles Industry. Aluminium alloys ... are used in mostly automobiles components due to its stiffness, corrosion resistance and excellent strength to weight ratio. The Company was originally incorporated at Haryana as “Om Metallogic Private Limited” on 14th December, 2011 under the provisions of the Companies Act, 1956 vide Certificate of Incorporation issued by the Registrar of Companies, National Capital Territory of Delhi and Haryana. On March 22, 2013, the Company acquired Proprietary business of M/s Om Industries, a proprietary firm owned by Mr. Manish Sharma w.e.f April 01, 2013 along with the assets and liabilities of the proprietorship concern as going concern. Consequent upon the conversion of the Company to public limited company, the name of the Company was changed to “Om Metallogic Limited” vide fresh certificate of incorporation dated 26th June, 2023 issued by the Registrar of Companies, Delhi. The Promoters have been instrumental in the business growth of the Company and are actively engaged in corporate strategy and planning. the Company is promoted by Mr. Manish Sharma and Mrs. Seema Sharma who were the subscribers to the memorandum of Association at the time of Incorporation of the Company, they are also the Executive Directors of the Company. the promoters are the guiding force behind the strategic decisions of the Company and under their guidance, the Company has been able to successfully execute the business strategies over the years. As on date of this Prospectus, the manufacturing facility has accreditations such as ISO 9001:2015 for quality management systems. the manufacturing unit is, situated in an area of 33600 sq. feet at Kila No. 17, Harfala Road, Village Sikri, Opp. Gopal Jee Milk Plant, Ballabhgarh, Haryana, India, 121004 and has 5,280 Ton per Annum installed capacity for processing aluminium scrap. the manufacturing facility is strategically located near to majority of the customers’ manufacturing facilities allowing us to optimise the deliveries, reduce lead times and facilitate greater interaction with the customers. The major role in melting of metal is played by furnace, which is a high – temperature device used to melt the metal scrap. It is a structure in which material can be heated to very high temperature. The aluminium ingots are produced though induction furnace by melting of aluminium scrap. This is continuous process controlled by uniform heating with the help of electricity. The aluminium scrap is put into the crucible and heated to the required temperature for secondary refining. The liquid metal then ptheed into cast iron moulds and the ingots so produced from furnace. We are a customer centric company, constantly striving to create value for the customers through products offered and committed deliveries. Currently, the majority portion of the revenue comes from the state of Delhi, Haryana and Uttar Pradesh. Read more

The information in this chapter has been extracted from the websites of and publicly available documents from various stheces. The data may have been re-classified by us for the purpose of presentation. Neither we nor any other person connected with this Issue has independently verified the ... information provided in this chapter. Industry stheces and publications, referred to in this chapter, generally state that the information contained therein has been obtained from stheces generally believed to be reliable but their accuracy, completeness and underlying assumptions are not guaranteed and their reliability cannot be assured, and, accordingly, investment decisions should not be based on such information. Read more