Om Metallogic Lists Gets a Weak Listing at ₹85, Slightly Below the Issue Price of ₹86

Authored By Shishta Dutta | Published at: Oct 7, 2025 04:00 PM IST

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Mumbai, October 7, 2025: Shares of Om Metallogic Ltd IPO made an underwhelming debut on the BSE SME platform today and listed at ₹85 per share (around 1.16% discount from the issue price of ₹86). The stock opened at ₹85 and traded rather flat throughout the early morning trading hours.

The shares maintained a steady range throughout the afternoon, with the total traded volume hovering around 1.5 lakh shares. Market activity remained subdued, with few bidders at prevailing levels, while the company’s market capitalisation stood at ₹66.83 crore and the free float market value at ₹22.09 crore.

The company was founded in 2011 and specialises in recycling aluminium scrap into alloys. The company mainly caters to the automobile sector. The facility is located at Ballabhgarh, Haryana. The company plans on using the IPO proceeds to fund working capital needs, repay debt and capital expansion.

Om Metallogic IPO Subscription Recap

The Om Metallogic IPO saw a moderate overall subscription of 1.47 times by the end of Day 3. The retail individual investor (RII) segment led the demand with 2.53x subscription, reflecting fair retail participation. In contrast, the Non-Institutional Investor (NII) category received a tepid response, with a subscription rate of just 0.41x, while the market maker quota was fully subscribed at 1x.

Overall, investors bid for 36.25 lakh shares against 24.67 lakh offered, aggregating to ₹31.18 crore. The response indicates selective investor interest, driven primarily by retail participation rather than institutional demand.

REF: https://www.bseindia.com/stock-share-price/om-metallogic-ltd/oml/544559/

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