Chaman Metallics Limited IPO

NSE SME

Listed On: Jan 16, 2023 at ₹ 68.0

₹ 114000 /3000 Shares

Check Allotment

Chaman Metallics Limited IPO Details

04 Jan, 2023

Open Date

06 Jan, 2023

Close Date

11 Jan, 2023

Allotment Date

16 Jan, 2023

Listing Date

Issue Price

₹38 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Link Intime India Private Ltd

List Price

68.0

Listing Date

2023-01-16

Market Lot

3000 Shares (₹114,000/-)

Lead Manager

Hem Securities Limited

Issue Size

6,372,000 shares of ₹10(aggregating up to ₹24.21 Cr)

Retail Portion

N/A

Subscription

207.88 times

IPO Docs

DRHP RHP

Chaman Metallics Limited IPO Subscription 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

Earnings Per Share (EPS)

₹5.26/-

P/E Ratio

9.55

RoNW

24.54%

Net Asset Value (NAV) - Post Issue

₹21.44/-

Chaman Metallics Limited Company Financials All values are in ₹ Lakh

	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 The 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)

Pre Issue Share Holding: %

Post Issue Share Holding: %

Company Promoter(s)

Chetan Agrawal, Keshav Kumar Agrawal, G.R. Sponge and Power Limited, and N.R. Sponge Private Limited

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. The size of Chaman Metallics Limited IPO is 6,372,000 shares of ₹10(aggregating up to ₹24.21 Cr).

Ans. The IPO price band is set between ₹38 per equity share.

Ans. To apply for Chaman Metallics Limited IPO 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 allotment status for Chaman Metallics Limited IPO here.