Chaman Metallics Limited IPO
NSE SMEListed On: Jan 16, 2023 at ₹ 68.0
₹ 228000 /6000 Shares
*Min Investment
04 Jan, 2023
Open Date06 Jan, 2023
Close Date11 Jan, 2023
Allotment Date16 Jan, 2023
Listing DateChaman Metallics Limited IPO Issue Details
- Issue Price ₹38 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 6,372,000 shares of ₹10(aggregating up to ₹24.21 Cr)
- Listing at NSE SME
- List Price 68.0
- Listing Date 2023-01-16
- Lead Manager Hem Securities Limited
- Registrar Link Intime India Private Ltd
Chaman Metallics Limited IPO Details
- Retail Portion N/A
Chaman Metallics Limited IPO Details
Chaman Metallics Limited IPO is an SME IPO, priced at ₹38 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform.
The IPO bidding window is open from Jan 4, 2023 to Jan 6, 2023. The allotment is expected to be finalized on Jan 11, 2023, and the tentative listing date is Jan 16, 2023.
The registrar of the IPO is Link Intime India Private Ltd, and
Chaman Metallics Limited IPO Subscription Analysis And Details
| 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
Chaman Metallics Limited Company Financials
| 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 |
About Chaman Metallics Limited Company
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
Pre Issue Share Holding : %
Post Issue Share Holding : %
Chaman Metallics Limited IPO - Issue Objectives
To meet Working Capital requirements
General Corporate Purpose
To meet issue expenses
Chaman Metallics Limited IPO - FAQs
Ans. Chaman Metallics Limited IPO is a SME IPO. The issue is priced at ₹38 per equity share. The minimum order quantity is 3000 Shares. The IPO opens on Jan 4, 2023, and closes on Jan 6, 2023. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Chaman Metallics Limited IPO opens on Jan 4, 2023 and closes on Jan 6, 2023.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Chaman Metallics Limited IPO is 6,372,000 shares of ₹10(aggregating up to ₹24.21 Cr).
Ans. The Chaman Metallics Limited IPO price band is set between ₹38 per equity share.
Ans. To apply for Chaman Metallics Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Chaman Metallics Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Chaman Metallics Limited IPO is Jan 11, 2023.
Ans. The Chaman Metallics Limited IPO will be listed on Jan 16, 2023.
Ans. Follow the steps to check the Chaman Metallics Limited IPO allotment status online.
