Chaman Metallics IPO GMP, Date, Price, Review, Allotment

Chaman Metallics IPO

Chaman Metallics IPO Details: Chaman Metallics IPO date is fixed, The IPO will open on January 4 and will close on January 6, 2023. Chaman Metallics is an NSE SME IPO to raise ₹24.21 crores via IPO. The Chaman Metallics IPO price band is fixed at ₹38 with a market lot of 3000 shares.

Chaman Metallics Limited is one of the fastest-growing integrated steel producers in India. They are manufacturer of basic Iron & Steel. The product range includes Sponge Iron, Ferro Alloys, MS Ingot, Re-rolled Products & SGCI Insert, Power, and Cast Iron. They have manufacturing plants in Chandrapur, Maharashtra.

Chaman Metallics Limited has an annual installed capacity of 72,000 MT. Chaman Metallics Limited proved the group’s capability and expertise in conducting overhauls & maintenance of steel units and turning them around into profitable ventures. They sell their products in Maharashtra, Odisha, and Chhattisgarh. Their few client names are Rajesh Steel & Wire Industries (New), R.K. Steel Sales, SMW Ispat Pvt Ltd, Gajkesari Steels & Alloys Pvt. Ltd etc.

Objects of the Issue:

  • To meet Working Capital requirements.
  • Funding working capital requirements.
  • To meet issue expenses.

Chaman Metallics IPO Review

  • Apply

Chaman Metallics IPO GMP Live Rates day by day with Kotak rates.

DateGMPKostakSubject to
16 January₹30₹-₹50,000

Chaman Metallics IPO Date & Price Band Details

IPO Open:January 4, 2023
IPO Close:January 6, 2023
IPO Size:Approx ₹24.21 Crores, 6,372,000 Equity Shares
Face Value:₹10 Per Equity Share
IPO Price Band:₹38 Per Equity Share
IPO Listing on:NSE SME
Retail Quota:50% of the net offer
NII Quota:50% of the net offer
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here

Chaman Metallics IPO Market Lot

The Chaman Metallics IPO minimum market lot is 3000 shares with a ₹114,000 application amount.

ApplicationLot SizeSharesAmount
Retail Minimum13000₹114,000
Retail Maximum13000₹114,000
S-HNI Minimum26000₹228,000

Chaman Metallics IPO Dates

The Chaman Metallics IPO date is January 4 and the IPO close date is January 6. The IPO allotment date is January 9 and the IPO might list on January 14.

IPO Open Date:January 4, 2023
IPO Close Date:January 6, 2023
Basis of Allotment:January 11, 2023
Refunds:January 12, 2023
Credit to Demat Account:January 13, 2023
IPO Listing Date:January 16, 2023

You can check IPO subscription status and IPO allotment status on their respective pages.

Chaman Metallics IPO Form

How to apply Chaman Metallics IPO? You can apply Chaman Metallics IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Chaman Metallics IPO in the Invest section. The other option you can apply Chaman Metallics IPO via IPO forms download via the NSE website. Check out the Chaman Metallics forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.


Chaman Metallics Company Financial Report

₹ in Crores
YearRevenueExpensePAT
2020₹58.37₹60.19-₹1.81
2021₹140.76₹133.34₹6.95
2022₹185.46₹172.91₹12.55
2023 6M₹111.82₹102.89₹8.93

Chaman Metallics IPO Valuation – FY2022

Check Chaman Metallics IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Earning Per Share (EPS):₹5.26 per Equity Share
Price/Earning P/E Ratio:9.55
Return on Net Worth (RoNW):24.54%
Net Asset Value (NAV):₹21.44 per Equity Share

Peer Group

  • Bihar Sponge Iron Limited
  • Lloyds Metals And Energy Limited

Company Promoters

  • Chetan Agrawal,
  • Keshav Kumar Agrawal
  • G.R. Sponge
  • Power Limited, and N.R. Sponge Private Limited

Chaman Metallics IPO Registrar

Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/

Chaman Metallics IPO Allotment Status

Check Chaman Metallics IPO allotment status on Linkintime website URL. Click Here

Chaman Metallics IPO Lead Managers

  • Hem Securities Limited

Company Address

Chaman Metallics Limited
A-26, M.I.D.C,
Tadali Growth Centre,
Chandrapur, Maharashtra-442406
Phone: +91-771-4259100
Email: [email protected]
Website: http://www.cmlgrgroup.com/

Chaman Metallics IPO FAQs


What is Chaman Metallics IPO?

Chaman Metallics IPO is an NSE SME IPO. They are going to raise ₹24.21 Crores via IPO. The issue is priced at ₹38 per equity share. The IPO is to be listed on NSE.

When Chaman Metallics IPO will open?

The IPO is to open on January 4, 2023 for NII, and Retail Investors.

What is Chaman Metallics IPO Investors Portion?

The investors’ portion for NII is 50%, and Retail is 50%.

How to Apply the Chaman Metallics IPO?

You can apply Chaman Metallics IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Chaman Metallics IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Chaman Metallics”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Chaman Metallics IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Chaman Metallics”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Chaman Metallics IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Chaman Metallics”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Chaman Metallics IPO Size?

Chaman Metallics IPO size is ₹24.21 crores.

What is Chaman Metallics IPO Price Band?

Chaman Metallics IPO Price Band is ₹38 per equity share.

What is Chaman Metallics IPO Minimum and Maximum Lot Size?

The IPO bid is 3000 shares with ₹114,000.

What is Chaman Metallics IPO Allotment Date?

Chaman Metallics IPO allotment date is January 11, 2023.

What is Chaman Metallics IPO Listing Date?

Chaman Metallics IPO listing date is January 16, 2023. The IPO to list on NSE SME.

Note: The Chaman Metallics IPO details are announced officially. The IPO grey market premium (Chaman Metallics IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)

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    3 Responses

    1. Is there any lock up period for IPOs..??
      can we sell the share immediately after listing of IPO..??

    OPEN DEMAT ACCOUNT