Chaman Metallics Limited
Fixed Price IPO · NSE
- Price band
- ₹38 - ₹38
- Lot size
- 3,000 shares
- Issue amount
- ₹24.21 cr
- Total subscription
- 207.88×
- Opens
- 4 Jan 2023
- Closes
- 6 Jan 2023
- Allotment
- 12 Jan 2023
- Listing
- 16 Jan 2023
Offer at a glance
Issue overview
- Issue size
- 63,72,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,14,000
- Fresh issue
- ₹24.21 cr
- Offer for sale
- ₹0 cr
- Registrar
- Link Intime India Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,14,000
- Issue type
- Fixed Price IPO
- Shares before issue
- 1,77,62,764
- Shares after issue
- 2,41,34,764
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 3,000 | ₹1,14,000 |
| HNI | 2 | 6,000 | ₹2,28,000 |
Share reservation
Subscription & GMP
Subscription by category
Subscription figures are awaiting publication.
GMP history
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Values |
|---|---|
| EPS | 0 |
| ROE | 0 |
| ROCE | 0 |
| RONW | 0 |
| PRE IPO(PE) | 6.73 |
| POST IPO(PE) | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Incorporated in 2003, Chaman Metallics Limited is engaged in the manufacturing and sale of Direct Reduced Iron (sponge iron), a key raw material used in producing steel through electric arc and induction furnaces. The company’s manufacturing unit, located in Chandrapur, Maharashtra, spans approximately 63 acres and has a production capacity of 72,000 MT (2 x 100 MTPD) through two rotary kilns as of March 31, 2022. Chaman Metallics holds ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications for quality, environmental, and occupational health management systems. The company primarily serves customers in Maharashtra, Odisha, and Chhattisgarh, with major clients including Rajesh Steel & Wire Industries (New), R.K. Steel Sales, SMW Ispat Pvt. Ltd., and Gajkesari Steels & Alloys Pvt. Ltd.
Promoters
Chetan Agrawal, Keshav Kumar Agrawal
G.R. Sponge and Power Limited
N.R. Sponge Private Limited
Registrar & documents
Lead manager
Hem Securities Limited
Registrar & contacts
Link Intime India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
A-26, M.I.D.C, Tadali Growth Centre, Tadali, Chandrapur, Maharashtra-442406
+91-771-4259100
[email protected]Company website ↗Understanding CMNL IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.