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Open
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Close
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Allotment
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Listing
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Issue Size
29,32,800 shares (agg. up to ₹[.] Cr)
Listing Date
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✦ AI Insight
Restated Financials (₹ Cr.)
| Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 54.41 | 39.78 | 18.77 | 9.30 |
| Total Income | 27.99 | 96.14 | 30.04 | 13.08 |
| Profit After Tax | 3.75 | 10.57 | 1.78 | 0.58 |
| NET Worth | 20.78 | 16.08 | 4.50 | 2.13 |
| Reserves and Surplus | 18.15 | 13.48 | 2.90 | 1.13 |
| Total Borrowing | 26.09 | 18.31 | 11.75 | 5.66 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Devson Catalyst Ltd. | SME | ₹42.34 Cr | ₹118 | 9.66 | ₹205.95 | +74.53% | ₹222.50 (-0.34%) |
| Vahh Chemicals Ltd. | SME | ₹13.45 Cr | ₹60 | 7.15 | ₹66.50 | +10.83% | ₹52.42 (-0.25%) |
| Biopol Chemicals Ltd. | SME | ₹31.26 Cr | ₹108 | 19.73 | ₹105.50 | -2.31% | ₹97.45 (+3.67%) |
| Neochem Bio Solutions Ltd. | SME | ₹44.97 Cr | ₹98 | 15.85 | ₹111.80 | +14.08% | ₹85.20 (-4.38%) |
| Speb Adhesives Ltd. | SME | ₹33.73 Cr | ₹56 | 16.73 | ₹57.00 | +1.79% | ₹87.00 (-2.25%) |
| SK Minerals & Additives Ltd. | SME | ₹41.15 Cr | ₹127 | 10.45 | ₹152.25 | +19.88% | ₹473.75 (-2.62%) |
| Shlokka Dyes Ltd. | SME | ₹57.79 Cr | ₹91 | 13.69 | ₹85.50 | -6.04% | ₹22.39 (-4.97%) |
| Snehaa Organics Ltd. | SME | ₹32.68 Cr | ₹122 | 12.47 | ₹115.90 | -5.00% | ₹47.30 (-4.92%) |
| Renol Polychem Ltd. | SME | ₹25.77 Cr | ₹105 | 11.54 | ₹99.75 | -5.00% | ₹78.00 (+4.21%) |
| Mehul Colours Ltd. | SME | ₹21.66 Cr | ₹72 | 9.87 | ₹86.03 | +19.49% | ₹58.00 (-3.33%) |
| Sudeep Pharma Ltd. | Mainboard | ₹895.00 Cr | ₹593 | 47.61 | ₹774.15 | +30.55% | ₹825.15 (+1.50%) |
| Gem Aromatics Ltd. | Mainboard | ₹451.25 Cr | ₹325 | 28.52 | ₹319.05 | -1.83% | ₹178.10 (+0.11%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Acquiring new Plant and Machinery | 5.24 |
| 2 | Construction of foundation for new Factory Building | 2.57 |
| 3 | Repayment/Prepayment of Certain Debt Facilities | 5.66 |
| 4 | Working Capital Requirement | 15.00 |
| 5 | General Corporate Purposes | 1.94 |
About Oan Industries IPO
Incorporated in June 2019, Oan Industries Limited is a speciality chemicals manufacturer offering tailored solutions in the B2B sector. The Company manufactures speciality chemicals, including fertiliser additives and Plasticisers, used in fertiliser manufacturing, phosphate rock beneficiation, phosphoric acid plants, construction (flexible PVC pipes, flooring), automotive interiors, packaging (flexible films), and consumer goods (toys, cables). The company merges chemistry, technology, and systems for product development across industries like mining, packaging, construction, and consumer goods. The company is ISO 9001:2015 certified, dedicated to manufacturing a variety of speciality chemicals to enhance fertiliser quality. The company exports its products to countries, including Morocco, Jordan, Indonesia, Turkey, Serbia, Egypt etc. The company's manufacturing facility, located in Jaipur, Rajasthan, covers an area of about 1,950 square meters. As of November 2024, the company has a 4-member R&D team with Bachelor's and Master's degrees and 1 to 8 years of experience. As of November 2024, there is a total of 70 employees on payroll. Competitive Strength: Focus on R&D to leverage
Contact Details
Oan Industries Ltd. AddressP-134,Malhotra NagarVishwakarma Industrial AreaJaipur, Rajasthan, 302013+91 141 403548info@oanindustries.comVisit Website