Chaman Metallics Limited IPO Details – Chaman Metallics Limited IPO price and dates are fixed. The opening date of Chaman Metallics Limited is 04 Jan 2023 and the closing date is 06 Jan 2023. The company is going to raise ₹24.21 Cr through IPO and the issue type is fixed price Issue type. The Face Value of Chaman Metallics IPO is Rs 10/share. The reservation sequence is QIB= %, NII= 50%, and RII= 50%.
Table of Contents
About Chaman Metallics Limited
- Established in 2003.
- Business Model: Manufacture and Sell Direct Reduced Iron.
- Odisha, Maharashtra, and Chattisgarh are the major states where the company sells there services.
- The company’s manufacturing units are located in Chandrapur and Maharashtra.
Chaman Metallics Limited IPO Review
For Long Term:- Not Recommended
For Listing Gain:- Check GMP before applying
Chaman Metallics Limited IPO GMP Today
Chaman Metallics IPO GMP is Rs18.
| Date | GMP | Subject Rate |
|---|---|---|
| 02 Jan 2023 | ₹23 | ₹- |
| 01 Jan 2023 | ₹18 | ₹- |
| 31 Dec 2022 | ₹20 | ₹- |
Also Read: Income Tax in Stock Market 2022
Chaman Metallics Limited Financial Report ₹(in Lakh)
| Year | Assets | PAT | Revenue |
|---|---|---|---|
| Mar 20 | 5399.4 | 369.4 | 5837.1 |
| Mar 21 | 5872.4 | 523.07 | 14075.9 |
| Mar 22 | 7378.6 | 934.6 | 18546.3 |
| Sep 22 | 9085.5 | 681.7 | 11182.4 |
Chaman Metallics Limited IPO Date & Details
It is a Book Built issue type IPO with an IPO Size of ₹24.21 cr and it will list on NSE as well as on SME.
| IPO Open Date | 04 Jan 2023 |
| IPO Close Date | 06 Jan 2023 |
| Lot Size | 3000 Shares |
| Issue Size | ₹ 24.21cr (6,372,000 Shares) |
| Issue Type | Fixed Price |
| Fresh Issue | ₹ 24.21cr (6,372,000 Shares) |
| Offer For sale | ₹ – |
| Face Value | ₹10/Equity Share |
| Price Band | ₹ 38/Share |
| List On | NSE & SME |
| DRHP | Click Here |
| GMP | Click Here |
Objective
The main objective of Chaman Metallics Limited is to raise funds are:
- General Corporate Purpose
- Working capital requirements
- For Issue Expenses
Chaman Metallics Limited IPO Market Lot Size
Chaman Metallics issuing 6,372,000 shares of 24.21Cr out of which a Retail Individual investor can apply for a maximum of 1 lot in which they get 3000 shares and the payable amount is Rs 114,000.
| Minimum Lot Size | 1 Lot, 3000Shares |
| Minimum Amount | ₹114,000 |
| Maximum Lot Size | 1 Lot, 3000Shares |
| Maximum Amount | ₹114,000 |
Click Here to Check the Upcoming IPO of 2022
IPO Time Table
Chaman Metallics IPO Open date is 30 Dec 2022 and the closing date is 04 Jan 2023. The Allotment date is 09 Jan 2023 and the Listing Date is 12 Jan 2023.
| Chaman Metallics IPO Open Date | 04 Jan 2023 |
| Chaman Metallics IPO Close Date | 06 Jan 2023 |
| Allotment Date | 11 Jan 2023 |
| Refund Date | 12 Jan 2023 |
| Credit to Demate Account | 13 Jan 2023 |
| Chaman Metallics IPO Listing Date | 16 Jan 2023 |
Chaman Metallics Limited Company Promoters
- Chetan Agrawal
- Keshav Kumar Agrawal
- G.R. Sponge and Power Limited
- N.R. Sponge Private Limited
Chaman Metallics Limited Peer’s
- Bihar Sponge
- Lloyds Metal
Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: chaman.ipo@linkintime.co.in
Website: https://linkintime.co.in/
Address
Chaman Metallics Limited
A-26, M.I.D.C,
Tadali Growth Centre, Tadali,
Chandrapur, Maharashtra-442406
Phone: +91-771-4259100
Email: cs@cmlgrgroup.com
Website: http://www.cmlgrgroup.com/
Chaman Metallics Limited FAQ
What is Chaman Metallics IPO Price?
The Price of Chaman Metallics IPO cutoff price is ₹38 per share.
What is Chaman Metallics IPO Date?
The Chaman Metallics IPO opens on 04 Jan 2023 and closes on 06 Jan 2023.
What is Chaman Metallics IPO issue size?
The IPO Size of Chaman Metallics IPO is ₹ 24.21cr and issuing 6,372,000 Eq Shares.
What is Chaman Metallics IPO allotment Date?
The Allotment date of Chaman Metallics IPO is 11 Jan 2023.
What is Chaman Metallics Limited’s Listing Date?
The listing date of Chaman Metallics IPO is 16 Jan 2023 and the IPO will list on NSE and SME.
How to Apply for Chaman Metallics IPO through Zerodha?
1. Log in to the Zerodha Kite application on your mobile.
2. Go to Portfolio and Click on IPO.
3. You will see the IPO Name “Chaman Metallics ”. Click on Bid Button.
4. Enter your UPI ID, Quantity, and Price.
5. Submit IPO Application Form.
6. Now go to your UPI App on Net Banking or BHIM App to Approve the payment process.
How to Apply for Chaman Metallics IPO through Upstox App?
1. Log in to the Upstox application on your mobile.
2. Go to Portfolio and Click on IPO.
3. You will see the IPO Name “Chaman Metallics”. Click on Bid Button.
5. Enter your UPI ID, Quantity, and Price.
6. Submit IPO Application Form.
7. Now go to your UPI App on Net Banking or BHIM App to Approve the payment process.
How to Apply for Chaman Metallics IPO through Groww App?
1. Log in to the Groww application on your mobile.
2. Now you can see IPOs and Click on IPO.
3. You will see the IPO Name “Chaman Metallics”.
4. Click on Bid Button.
5. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form.
6. Now go to your UPI App on Net Banking or BHIM App to approve the payment process.
How to Apply for Chaman Metallics IPO through Paytm Money App?
1. Log in to the Paytm Money application on your mobile.
2. Now you can see Invest in IPOs Section and Click on IPO.
3. You will see the IPO Name “Chaman Metallics”.
4. Click on Bid Button.
5. Enter your UPI ID, Quantity, and Price.
6. Submit IPO Application Form.
7. Now go to your UPI App on Net Banking or BHIM App to Approve the payment process.
Conclusion:- I hope this article is helpful for you if you have any queries regarding IPO and upcoming IPO you can comment down below.