Chaman Metallics IPO – GMP, Date, Price, Review, Allotment – IPO Watch

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Chaman Metallics IPO Details: Chaman Metallics IPO Date is fixed, the IPO will open on January 4 and will close on January 6, 2023. Chaman Metallics is a NSE SME IPO to raise 24.21 crore rupees via OPI. The Chaman Metallics IPO price band is set at ₹38 with a lot of market 3000 shares.

Chaman Metallics Limited is one of the fastest growing integrated steel producers in India. They are manufacturers of basic iron and 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.

Chaman Metallics Limited has an annual installed capacity of 72,000 MT. Chaman Metallics Limited demonstrated the ability and expertise of the group to carry out overhauls and maintenance of steel units and turn them into profitable businesses. They sell their products in Maharashtra, Odisha and Chhattisgarh. Its few client names are Rajesh Steel & Wire Industries (New), RK Steel Sales, SMW Ispat Pvt Ltd, Gajkesari Steels & Alloys Pvt. Ltd. etc.

Objects of the issue:

  • To meet working capital requirements.
  • Financing working capital requirements.
  • To meet the issuing expenses.
date GMP Kostak Caught on
December 29 ₹- ₹- ₹-

IPO Open: January 4, 2023
Closing of the IPO: January 6, 2023
IPO Size: Approx ₹ 24.21 crores, 6,372,000 capital shares
Apparent value: ₹10 Per share of capital
IPO Price Range: ₹38 Per share of capital
IPO listing at: NSE SME
Retail Quota: 50% of the net supply
NII quota: 50% of the net supply
DRHP Prospectus Draft: Click here
RHP Draft Prospectus: Click here

The minimum market lot for Chaman Metallics IPO is 3,000 shares with an application amount of ₹114,000.

application Lot size Shares Amount
Minimal retail 1 3000 114,000 R$
Maximum in detail 1 3000 114,000 R$
S-HNI Minimum 2 6000 228,000 R$

Chaman Metallics IPO date is January 4th and IPO closing date is January 6th. The IPO award date is January 9th and the IPO could trade on January 14th.

IPO opening date: January 4, 2023
IPO closing date: January 6, 2023
Award basis: January 11, 2023
Refunds: January 12, 2023
Demat Account Credit: January 13, 2023
IPO listing date: January 16, 2023

You can check IPO subscription status i IPO award status on their respective pages.

How to apply for Chaman Metallics IPO? You can apply for Chaman Metallics IPO through ASBA available in your bank account. Just go to online bank login and apply through your bank account by selecting Chaman Metallics IPO under Invest section. The other option can be applied for Chaman Metallics IPO by downloading bid forms through NSE website. Check out the Chaman Metallics forms – click NSE IPO Forms Downloadfill out and submit to your bank or broker.

₹ in Crores
course income expense PAT
2020 ₹58.37 ₹ 60.19 -₹1.81
2021 ₹ 140.76 ₹ 133.34 ₹6.95
2023 ₹ 185.46 R$ 172.91 ₹12.55
2023 6M R$ 111.82 ₹ 102.89 ₹8.93

View Chaman Metallics IPO valuation details including Earnings Per Share (EPS), Price/Earnings P/E Ratio, Return on Equity (RoNW) and Net Asset Value (NAV) details ).

Earnings per share (EPS): ₹ 5.26 per capital share
Price/Earnings P/E ratio: 9.55
Return on equity (RoNW): 24.54%
Net asset value (NAV): ₹21.44 per capital share

peer group

  • Bihar Sponge Iron Limited
  • Lloyds Metals And Energy Limited
  • Chetan Agrawal,
  • Keshav Kumar Agrawal
  • GR Sponge
  • Power Limited and NR Sponge Private Limited

Link Intime India Private Ltd
Telephone: +91-22-4918 6270
E-mail: [email protected]
Website: https://linkintime.co.in/

Check Chaman Metallics IPO Award Status at Linkintime Website URL. Click here

company address

Chaman Metallics Limited
A-26, MIDC,
Tadali Growth Center,
Chandrapur, Maharashtra-442406
Telephone: +91-771-4259100
E-mail: [email protected]
Website: http://www.cmlgrgroup.com/

Chaman Metallics IPO FAQ

What is Chaman Metallics IPO?

Chaman Metallics IPO is an NSE SME IPO. They are going to collect ₹24.21 crores via OPI. The point is at the price of R$ 38 per capital share. The IPO must be listed NSE.

When will the Chaman Metallics IPO open?

The IPO will open January 4, 2023 for NII and retail investors.

What is Chaman Metallics IPO Investors Part?

The part of the investors for NII is 50%i Retail is 50%.

How to apply for Chaman Metallics IPO?

You can apply for Chaman Metallics IPO through ASBA online through your bank account. you can too apply for ASBA online through UPI through your stock brokers. You can also apply through your stockbrokers by filling the offline form.

How to apply for Chaman Metallics IPO through Zerodha?

Log in to the console on the Zerodha website or app. Go to Wallet and click on IPO. You will see the name of the IPO “Chaman Metallics”. Click the offer button. Enter your UPI ID, quantity and price. Submit the IPO application form. Now go to your UPI app in Net Banking or BHIM app to approve the mandate. Open a Demat account with Zerodha.

How to apply Chaman Metallics IPO using Upstox?

Log in to the Upstox app with your credentials. Select the IPO. You will see the name of the IPO “Chaman Metallics”. Click the offer button. Confirm your request. Now go to your UPI app in Net Banking or BHIM app to approve the mandate. Open a Demat account with Upstox.

How to apply for Chaman Metallics IPO using Paytm Money?

Login to Paytm Money app with your credentials. Select the IPO. You will see the name of the IPO “Chaman Metallics”. Click the offer button. Confirm your request. Now go to your UPI app in Net Banking or BHIM app to approve the mandate. Open a Demat account with Paytm Money.

What is the size of Chaman Metallics IPO?

Chaman Metallics IPO size is 24.21 crore rupees.

What is Chaman Metallics IPO Price Band?

Chaman Metallics IPO Price Band is ₹38 per capital share.

What is the minimum and maximum lot size of Chaman Metallics IPO?

The IPO offer is 3000 shares with 114,000 R$.

What is the allotment date of Chaman Metallics IPO?

The allotment date of the Chaman Metallics IPO is January 11, 2023.

What is Chaman Metallics IPO listing date?

Chaman Metallics listing date is January 16, 2023. The IPO to be listed on NSE SME.

Note: Chaman Metallics IPO details are officially announced. IPO gray market premium (Chaman Metallics IPO Premium) is updated on the relevant page. You can consult our Gray market IPO page for daily updates.)

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