Chaman Metallics IPO subscription status is started on Wednesday January 4, 2023 and will close on January 6, 2023. Chaman Metallics IPO to raise around ₹24.21 crores via IPO. The retail quota is 50%, and NII is 50%. The price band is fixed at ₹38 per equity share.
The Chaman Metallics IPO minimum market lot is 3000 shares with ₹114,000 application amount. The IPO to list on NSE.
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.
IPOWatch View
We recommend investors may apply an IPO with Long-term views. Investors should also look at the NII, and Retail numbers before investing. You can check the Chaman Metallics IPO allotment status here.
Chaman Metallics IPO Subscription Status – Final Data
| Category | Day 1 | Day 2 | Day 3 |
| NII | 1.87 | 11.16 | 255.92 |
| RII | 7.78 | 28.55 | 159.85 |
| Total | 4.83 | 19.86 | 207.88 |
Chaman Metallics IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Chaman Metallics IPO Review
- Apply
Chaman Metallics IPO Date & Price Band
| 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
| 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 Subscription Dates
| 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 |
Chaman Metallics IPO Form
How to apply for the Chaman Metallics IPO? You can apply for 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 is you can apply for Chaman Metallics IPO via IPO forms downloaded via NSE. Check out the Chaman Metallics forms – Click NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
