Owais Metal and Mineral Processing IPO — Listing Performance
Owais Metal and Mineral Processing IPO facts & figures
| Issue category | SME |
|---|---|
| Issue open date | 26 Feb 2024 |
| Listing date | 4 Mar 2024 |
| Issue price | ₹87 |
| Listing-day close | ₹262.50 (201.72%) |
| Recent market price | ₹76.55 (-12.01% vs issue) |
| 52-week range | ₹61.15 – ₹551.95 |
| Identifiers | NSE: OWAIS · ISIN: INE0R8M01017 |
How the listing went
Owais Metal and Mineral Processing delivered a blockbuster debut, closing its first session 201.72% above the issue price.
Owais Metal and Mineral Processing against every other debut on record
- Rank in 2024: 12 of 262 NSE debuts, on a 201.72% first-day close.
- 94th percentile of 176 SME debuts in 2024 (median 41.27%).
- 2nd of 19 debuts in March 2024.
- Opened 187.36% above issue, then added 14.36 points to the close.
- Day-one range ₹241 to ₹262.50: a 24.71% swing on the issue price.
- Last close ₹76.55 (11 Sep 2026): 12.01% below issue, against 201.72% on day one.
- 3% up its 52-week range of ₹61.15 to ₹551.95.
- Priced at the top of the ₹83 to ₹87 band.
- Listed 5 calendar days after close.
- All 601 SME debuts on record: median 14.22%, 79% closed above issue.
Computed over 1109 verified NSE debuts to 11 Sep 2026 · sources