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

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 an NSE SME IPO to raise ₹24.21 crores via IPO. The Chaman Metallics IPO price band is fixed at ₹38 with a market lot of 3000 shares.

Chaman Metallics Limited is one of the fastest-growing integrated steel producers in India. They are manufacturer of basic Iron & 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 proved the group’s capability and expertise in conducting overhauls & maintenance of steel units and turning them around into profitable ventures. They sell their products in Maharashtra, Odisha, and Chhattisgarh. Their few client names are Rajesh Steel & Wire Industries (New), R.K. Steel Sales, SMW Ispat Pvt Ltd, Gajkesari Steels & Alloys Pvt. Ltd etc.

Objects of the Issue:

• To meet Working Capital requirements.
• Funding working capital requirements.
• To meet issue expenses.

The Chaman Metallics IPO minimum market lot is 3000 shares with a ₹114,000 application amount.

The Chaman Metallics IPO date is January 4 and the IPO close date is January 6. The IPO allotment date is January 9 and the IPO might list on January 14.

You can check IPO subscription status and IPO allotment status on their respective pages.

How to apply Chaman Metallics IPO? You can apply Chaman Metallics IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Chaman Metallics IPO in the Invest section. The other option you can apply Chaman Metallics IPO via IPO forms download via the NSE website. Check out the Chaman Metallics forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.

Check Chaman Metallics IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Peer Group

• 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

Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]n
Website: https://linkintime.co.in/

Check Chaman Metallics IPO allotment status on Linkintime website URL. Click Here

Company Address

Chaman Metallics Limited
A-26, M.I.D.C,
Tadali Growth Centre,
Chandrapur, Maharashtra-442406
Phone: +91-771-4259100
Email: [email protected]
Website: http://www.cmlgrgroup.com/

Chaman Metallics IPO FAQs

Note: The Chaman Metallics IPO details are announced officially. The IPO grey market premium (Chaman Metallics IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)

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