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.
|Date||GMP||Kostak||Subject To Sauda|
|16 January 2023||₹30||₹-||₹50,000|
|15 January 2023||₹25||₹-||₹50,000|
|14 January 2023||₹25||₹-||₹50,000|
|13 January 2023||₹25||₹-||₹50,000|
|12 January 2023||₹25||₹-||₹50,000|
|11 January 2023||₹25||₹-||₹50,000|
|10 January 2023||₹25||₹-||₹50,000|
|09 January 2023||₹25||₹-||₹50,000|
|08 January 2023||₹25||₹-||₹50,000|
|07 January 2023||₹25||₹-||₹50,000|
|06 January 2023||₹25||₹-||₹50,000|
|05 January 2023||₹25||₹-||₹50,000|
|04 January 2023||₹19||₹-||₹50,000|
|03 January 2023||₹19||₹-||₹-|
|02 January 2023||₹19||₹-||₹-|
|01 January 2023||₹19||₹-||₹-|
Chaman Metallics SME IPO Date & Price Band.
|IPO Open:||Jan 4, 2023|
|IPO Close:||Jan 6, 2023|
|IPO Size:||₹24.21 Crores|
|Price Band:||₹38 per share|
|Listing on:||NSE SME|
|Retail Portion:||50% of the net offer|
|Face Value:||₹10 per share|
Chaman Metallics SME IPO Market Lot
The Chaman Metallics IPO lot size is 3000 shares. A retail-individual investor can apply for up to 1 lots (3000 shares or ₹114,000).
Shares: Minimum 3000 shares
Minimum Amount: ₹114,000
Maximum Amount: ₹114,000
Chaman Metallics SME IPO Allotment & Listing:
- Basis of Allotment: Jan 11, 2023
- Refunds: Jan 12, 2023
- Credit to Demat accounts: Jan 13, 2023
- Listing: Jan 16, 2023
Chaman Metallics SME IPO Form
You can apply in Chaman Metallics IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services.
Chaman Metallics SME Company Financial Report
|Period Ended||Total Assets||Total Revenue||Profit After Tax|
Chaman Metallics SME IPO Valuation – FY2022
|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|
- 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
Chaman Metallics SME IPO Registrar
Link Intime India Private Ltd
About Chaman Metallics SME IPO
Chaman Metallics SME Allotment Status
Chaman Metallics SME IPO Listing Date Chaman Metallics SME IPO Subscription (Live)
Objects of the Issue:
- Financing the expenditure for opening new stores.
- To repay of short term borrowings.
- To meet Working Capital requirements.
- General Corporate Purpose.
- To meet issue expenses
Chaman Metallics SME IPO FAQs
What is Chaman Metallics SME IPO Open Date for QIB, NII, and Retail?
Chaman Metallics SME IPO will open on Jan 4, 2023
Chaman Metallics SME IPO Size?
Chaman Metallics IPO size is Approx ₹24.21 Crores
Chaman Metallics SME IPO Price Band?
Chaman Metallics SME IPO Price Band is ₹38 per share
Chaman Metallics SME IPO Minimum Lot Size?
The minimum bid is 3000 Shares with a ₹114,000 Minimum Lot Size.
What is Chaman Metallics SME IPO Allotment Date?
Chaman Metallics SME IPO allotment date is Jan 11, 2023
What is Chaman Metallics SME IPO Listing Date?
Chaman Metallics SME IPO listing date is Jan 16, 2023. The IPO is to list on NSE SME.