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
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Chaman Metallics IPO GMP Live Rates day by day with Kotak rates.
Date | GMP | Kostak | Subject 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.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 3000 | ₹114,000 |
Retail Maximum | 1 | 3000 | ₹114,000 |
S-HNI Minimum | 2 | 6000 | ₹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 | |||
Year | Revenue | Expense | PAT |
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/
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3 Responses
Is there any lock up period for IPOs..??
can we sell the share immediately after listing of IPO..??
there is no lock in for ipos you can sell on listing
Iwant to apply in hni category pls tell me the proscees