Om Metallogic Ltd Summary
Om Metallogic Limited was originally incorporated at Haryana as Om Metallogic Private Limited on 14 December, 2011 vide Certificate of Incorporation issued by the Registrar of Companies, Delhi and Haryana. Upon the conversion of status to Public Limited Company, the name was changed to Om Metallogic Limited vide fresh Certificate of Incorporation dated 26 June, 2023 issued by the Registrar of Companies, Delhi.Incorporated in 2011, Om Metallogic Limited is an aluminium recycling Company, primarily engaged in processing aluminium based metal scrap to manufacture aluminium alloys in the form of ingots. Aluminium alloys are used in automobiles components due to its stiffness, corrosion resistance and excellent strength to weight ratio.
The versatile properties of aluminium and its alloys, results in it being used in automobiles Industry. The Company presently carry all manufacturing operations through production facility located at Ballabhgarh, in Haryana, which has 5,280 Ton per Annum installed capacity for processing aluminium scrap. Furance 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. The aluminium scrap is put into the crucible and the temperature for secondary refining. The liquid metal then poured into cast iron moulds and the ingots so produced from furnace.The Company is planning an IPO upto 26,00,000 Fresh Issue of Equity Shares.