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Chaman Metallics Ltd

Chaman Metallics Ltd

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹38
₹38
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹38
Based on GMP
Min. Investment
₹114,000
1 lot × 3000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
04 Jan 2023
Close Date
06 Jan 2023
Allotment
11 Jan 2023
Listing Date
16 Jan 2023
Exchange
NSE SME
Price Band
₹38
Listing Price
See chart
Allotment Status
Price Band
₹38
Per share
Face Value
₹10 per share
 
Lot Size
3,000 Shares
per lot
Issue Size
63,72,000 shares (aggregating up to ₹24.21 Cr)
Total offering
Issue Type
Fixed Price IPO
 
Min Investment
₹114,000
1 lot
Pre-IPO Holding
1,77,62,764 shares
Promoters
Post-IPO Holding
2,41,34,764 shares
Promoters
P/E (Pre)
6.73x
 
UPI Deadline
2023-01-06
Mandate
Anchor AllotmentTue, 03 Jan 2023
Basis of AllotmentWed, 11 Jan 2023
Refund InitiationThu, 12 Jan 2023
Demat CreditFri, 13 Jan 2023
Listing DayMon, 16 Jan 2023
UPI Mandate Deadline2023-01-06
Sale TypeFresh Capital
Net Offer to Public60,48,000 shares (aggregating up to ₹22.98 Cr)
Market Maker Quota3,24,000 shares (aggregating up to ₹1.23 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Chaman Metallics Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 06 Jan 2023.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
324,000
₹1.23
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
6,372,000
100% ₹24.21
IPO Shares Offered
Chaman Metallics Ltd IPO total issue size: ₹24.21 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 324,000 ₹1.23
5.08%
Total 6,372,000 ₹24.21
100.00%
* Based on upper price band ₹38 per share
Lot Size & Investment
Lot Size
3,000
Shares per Lot
Issue Price
₹38.00
Upper Band
Min Investment
₹114,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)26,000₹228,000
Retail (Max — 13 Lots)1339,000₹1,482,000
S-HNI (Min — 14 Lots)1442,000₹1,596,000
B-HNI (Min — 68 Lots)68204,000₹7,752,000
* Issue Price ₹38 × Lot Size 3,000 shares
IPO Schedule
Anchor
03 Jan 2023
✓ Done
IPO Open
04 Jan 2023
✓ Done
IPO Close
06 Jan 2023
✓ Done
Allotment
11 Jan 2023
✓ Done
Refunds
12 Jan 2023
✓ Done
Demat Credit
13 Jan 2023
✓ Done
Listing Day
16 Jan 2023
✓ Done
Chaman Metallics Ltd — Live Price LIVE
₹38.00
INR · NSE
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Issue ₹38.00 Live Price
About Chaman Metallics Ltd
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.Some of the competitive strengths, Chaman Metallics is proud of, are:Strategically located manufacturing unitStringent quality control mechanism ensuring standardized product qualityLong-standing relationship with our customersWell Qualified and Experienced Management Team
Objects of the Issue
1
To meet Working Capital requirements
2
General Corporate Purpose
Chaman Metallics Ltd Financials (Amount in ₹ Lakhs)
Revenue from Operations
₹14,075.9
31-Mar-21
₹18,546.3
31-Mar-22
₹11,182.4
30-Sep-22
Profit After Tax (PAT)
₹523.1
31-Mar-21
₹934.7
31-Mar-22
₹681.7
30-Sep-22
Particulars30-Sep-2231-Mar-2231-Mar-21
Revenue from Operations 11182.43 18546.32 14075.89
EBITDA N/A N/A N/A
Profit After Tax (PAT) 681.74 934.65 523.07
Net Worth 4473.17 3807.94 2873.29
Total Assets 9085.52 7378.59 5872.40
Reserves & Surplus 2696.89 3018.48 2083.83
Borrowings 1608.17 2515.81 1392.81
EBITDA Margin (%) N/A
PAT Margin (%) N/A
Issue Structure & Shareholding
Total Shares Offered63,72,000 (100.00%)
Net Offer to Public60,48,000 shares (aggregating up to ₹22.98 Cr)
Reserved for Market Maker3,24,000 shares (aggregating up to ₹1.23 Cr)
Pre-Issue Promoter Holding1,77,62,764 shares
Post-Issue Promoter Holding2,41,34,764 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Hem Securities Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Chaman Metallics Ltd IPO subscribed?

Chaman Metallics Ltd IPO is subscribed 1.00 times by Jan 06, 2023. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Chaman Metallics Ltd IPO retail subscription status?

The Chaman Metallics Ltd IPO retail category is subscribed 1.00 times as of 06 Jan 2023. The retail portion is oversubscribed.

How to subscribe Chaman Metallics Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 04 Jan 2023 and closes 06 Jan 2023. Min investment: ₹114,000 (1 lot = 3,000 shares). UPI mandate: 2023-01-06.

How many times Chaman Metallics Ltd IPO subscribed?

The Chaman Metallics Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Chaman Metallics Ltd IPO allotment?

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 11 Jan 2023. Refunds: on 12 Jan 2023.

When Chaman Metallics Ltd IPO will be listed?

The Chaman Metallics Ltd IPO listing date is 16 Jan 2023, Monday. Listed on: NSE SME. Issue price: ₹38. Estimated listing: ₹38. GMP: NIL.

When Chaman Metallics Ltd IPO close?

The Chaman Metallics Ltd IPO closes on 06 Jan 2023, Friday. UPI mandate: 2023-01-06. Allotment: 11 Jan 2023. Listing: 16 Jan 2023.