Chaman Metallics IPO Details: Chaman Metallics IPO date is mounted, The IPO will open on January 4 and can shut on January 6, 2023. Chaman Metallics is an NSE SME IPO to lift ₹24.21 crores by way of IPO. The Chaman Metallics IPO worth band is mounted at ₹38 with a market lot of 3000 shares.
Chaman Metallics Limited is likely one of the fastest-growing built-in metal producers in India. They are producer of primary Iron & Steel. The product vary contains Sponge Iron, Ferro Alloys, MS Ingot, Re-rolled Products & SGCI Insert, Power, and Cast Iron. They have manufacturing crops in Chandrapur, Maharashtra.
Chaman Metallics Limited has an annual put in capability of 72,000 MT. Chaman Metallics Limited proved the group’s functionality and experience in conducting overhauls & upkeep of metal items and turning them round into worthwhile ventures. They promote their merchandise in Maharashtra, Odisha, and Chhattisgarh. Their few consumer names are Rajesh Steel & Wire Industries (New), R.Ok. Steel Sales, SMW Ispat Pvt Ltd, Gajkesari Steels & Alloys Pvt. Ltd and many others.
Objects of the Issue:
- To meet Working Capital necessities.
- Funding working capital necessities.
- To meet subject bills.
| Date | GMP | Kostak | Subject to |
| 13 January | ₹25 | ₹- | ₹50,000 |
| 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 online supply |
| NII Quota: | 50% of the online supply |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
The Chaman Metallics IPO minimal market lot is 3000 shares with a ₹114,000 software quantity.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 3000 | ₹114,000 |
| Retail Maximum | 1 | 3000 | ₹114,000 |
| S-HNI Minimum | 2 | 6000 | ₹228,000 |
The Chaman Metallics IPO date is January 4 and the IPO shut date is January 6. The IPO allotment date is January 9 and the IPO would possibly record 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 examine IPO subscription standing and IPO allotment standing on their respective pages.
How to use Chaman Metallics IPO? You can apply Chaman Metallics IPO by way of ASBA accessible in your checking account. Just go to the web financial institution login and apply by way of your checking account by choosing the Chaman Metallics IPO within the Invest part. The different possibility you’ll be able to apply Chaman Metallics IPO by way of IPO varieties obtain by way of the NSE web site. Check out the Chaman Metallics varieties – click on NSE IPO Forms obtain, fill and submit in your financial institution or along with your dealer.
| ₹ 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 |
Check Chaman Metallics IPO valuations element like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) particulars.
| 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
- Chetan Agrawal,
- Keshav Kumar Agrawal
- G.R. Sponge
- Power Limited, and N.R. Sponge Private Limited
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/
Check Chaman Metallics IPO allotment standing on Linkintime web site URL. Click Here
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 elevate ₹24.21 Crores by way of IPO. The subject is priced at ₹38 per fairness share. The IPO is to be listed on NSE.
When Chaman Metallics IPO will open?
What is Chaman Metallics IPO Investors Portion?
How to Apply the Chaman Metallics IPO?
How to Apply the Chaman Metallics IPO by Zerodha?
How to Apply the Chaman Metallics IPO by Upstox?
How to Apply the Chaman Metallics IPO by Paytm Money?
What is Chaman Metallics IPO Size?
What is Chaman Metallics IPO Price Band?
Chaman Metallics IPO Price Band is ₹38 per fairness share.
What is Chaman Metallics IPO Minimum and Maximum Lot Size?
What is Chaman Metallics IPO Allotment Date?
What is Chaman Metallics IPO Listing Date?
Note: The Chaman Metallics IPO particulars are introduced formally. The IPO gray market premium (Chaman Metallics IPO Premium) is up to date on the respective web page. You can examine our IPO gray market web page for day by day updates.)
Follow IPO Watch for the upcoming IPO news and their critiques, additionally preserve following us on Twitter, Facebook, and Instagram. For our newest movies, subscribe to our YouTube channel.
– Source : IPOWATCH