Chaman Metallics Limited IPO
Chaman Metallics Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹38 per share. The stock debuted at ₹68, delivering a listing gain of 78.9%. The IPO had a lot size of ₹3000 shares and a minimum investment of ₹1,14,000.
Chaman Metallics Limited IPO
- IPO Dates
- Jan 4, 2023 – Jan 6, 2023
- Price band
- ₹38 per equity share
- Minimum Investment
- ₹1,14,000
- Issue size
- 6,372,000 shares of ₹10(aggregating up to ₹24.21 Cr)
- Lot size
- 3000
- Allotment Date
- Jan 11, 2023
- Listing
- Jan 16, 2023
- Listing At
- NSE SME
IPO timeline
-
Jan 4, 2023
Open Date
Completed
-
Jan 6, 2023
Close Date
Completed
-
Jan 11, 2023
Allotment Date
Completed
-
Jan 16, 2023
Listing Date
Completed
Chaman Metallics Limited IPO Essentials
Chaman Metallics Limited IPO Details
Chaman Metallics Limited IPO is priced at ₹38 per share with a total issue size of 6,372,000 shares of ₹10(aggregating up to ₹24.21 Cr). The IPO has a lot size of 3000 shares and is listed on NSE SME.
- Issue price
- ₹38 per equity share
- Lot size
- 3000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 6,372,000 shares of ₹10(aggregating up to ₹24.21 Cr)
- Listing at
- NSE SME
- List price
- 68.0
- Listing date
- Registrar
- Link Intime India Private Ltd
- Lead manager
-
Hem Securities Limited
Chaman Metallics Limited IPO Analytics
Chaman Metallics Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Chaman Metallics Limited IPO Subscription Status
Chaman Metallics Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 3,024,000 | 3,024,000 | 6,048,000 |
|
Day 1
04-01-23 06:00 PM
|
(1.87) x | 7.78 x | 4.83 x |
|
Day 2
05-01-23 06:00 PM
|
(11.26) x | 31.42 x | 21.34 x |
|
Day 3
06-01-23 06:00 PM
|
(255.92) x | 159.85 x | 207.88 x |
Chaman Metallics Limited Valuations
Earnings
- EPS (Post IPO)
- ₹5.26/-
- P/E Ratio
- 9.55
Returns
- RoNW
- 24.54%
Chaman Metallics Limited Financials( In Lakhs)
| 30-Sep-22 | 31-Mar-22 | 31-Mar-21 | 31-Mar-20 | |
|---|---|---|---|---|
| Assets | 9085.52 | 7378.59 | 5872.4 | 5399.39 |
| Revenue | 11182.43 | 18546.32 | 14075.89 | 5837.14 |
| Profit After Tax | 681.74 | 934.65 | 523.07 | 369.46 |
Chaman Metallics Limited Company & Offer Insights
About Chaman Metallics Limited
Incorporated in 2003, Chaman Metallics Limited is primarily engaged in the business of manufacturing and selling of Direct Reduced Iron (i.e. sponge iron). Sponge iron is mainly used as a raw material for making steel in electric arc furnaces and induction furnaces.
Chaman Metallics has been granted ISO 9001:2015 for its superior management systems, ISO 14001:2015 for environmental management systems, and ISO 45001:2018 for occupational health and safety management system proficiency.
The company manufacturing unit is based in Chandrapur, Maharashtra. The manufacturing facility is spread across an area of around 63 acres of land. The unit has a capacity of 72,000 MT (2 X 100 MTPD) for the production of sponge iron through two Rotary kilns as of March 31, 2022.
The company sell its products primarily in the state of Maharashtra, Odisha and Chhattisgarh. Some of the company's customers include Rajesh Steel & Wire Industries (New), R.K. Steel Sales, SMW Ispat Pvt Ltd, Gajkesari Steels & Alloys Pvt. Ltd etc.
Chaman Metallics Limited Promoter(s)
Chetan Agrawal, Keshav Kumar Agrawal, G.R. Sponge and Power Limited, and N.R. Sponge Private Limited are the company's promoters of Chaman Metallics Limited.
Chaman Metallics Limited IPO Issue Objectives
- •
- To meet Working Capital requirements
- •
- General Corporate Purpose
- •
- To meet issue expenses
Contact Information
Frequently Asked Questions
Click any question to reveal the answer
Chaman Metallics Limited IPO is a Fixed Priced IPO worth ₹6,372,000 shares of ₹10(aggregating up to ₹24.21 Cr). The issue price is ₹38 per share (fixed price). The IPO opens on Jan 4, 2023 and closes on Jan 6, 2023. It will be listed on NSE SME Platform. Link Intime India Private Ltd is the registrar.
The issue price of Chaman Metallics Limited IPO is ₹38 per share (fixed price).
The lot size of Chaman Metallics Limited IPO is 3000 shares.
The minimum investment for Chaman Metallics Limited IPO is approximately ₹1,14,000 based on the issue price .
Chaman Metallics Limited IPO opens on Jan 4, 2023 and closes on Jan 6, 2023.
The allotment date of Chaman Metallics Limited IPO is Jan 11, 2023.
Chaman Metallics Limited IPO is expected to be listed on Jan 16, 2023, on NSE SME Platform.
Chaman Metallics Limited IPO valuation snapshot: P/E 9.55, EPS ₹5.26/-, P/B N/A, RoNW 24.54%, and market cap N/A.
To apply for Chaman Metallics Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Chaman Metallics Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Chaman Metallics Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Chaman Metallics Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Chaman Metallics Limited IPO allotment status on IPO Ji for quick and easy access.