247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Chaman Metallics Limited IPO (Chaman Metallics IPO) Details

Chaman Metallics Limited is an Steel - Iron based company, located in Chandrapur, Chaman Metallics Limited IPO size was 24.21 Cr. and was issued at 38.00 per share. The share of Chaman Metallics Limited were listed at 68.00 per share and are currently trading at 141.85 per share.

Type :
Sub Sector :
SME IPO
NSE EMERGE

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
223.64 Cr.

PAT :
13.64 Cr.

Pricing Report

Issue Price :
38.00

Listing Price :
68.00

Current Market Price :
141.85

Issue Price vs CMP :
103.85 (273.29%)

listing Price vs CMP :
73.85 (108.60%)

Performance Report (CAGR* wise)

CAGR : 92.17
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Chaman Metallics

Company Information
Incorporated in 2003, Chaman Metallics 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. Through their sponge iron business, they cater to the metallic requirements of steel producers in selected geographies. Their Company was under the control of MSP Group from 2006 to 2019. In 2019, the Company was acquired by Raipur-based GR Group which is in steel business since 1996. Their business operations are organized synergistically, and they derive benefits after their acquisition by GR Group, which operates in various segment of steel i.e. Ferro alloys, Sponge Iron, MS Ingots and re-rolled products. Their manufacturing unit is
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Object of Issue
  • To meet Working Capital requirements
  • General Corporate Purposes
  • To meet issue expenses

Chaman Metallics SME IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
Jan, 2023
IPO Size :
24.21 Cr.
Market Cap :
91.71 Cr.   
IPO Subscription :
207.88 X     
PE Multiple :
6.73
Merchant Banker :
Hem Securities Limited
IPO Registrar:
Link Intime India Private Limited
Anchor Investors:

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FAQs

Chaman Metallics operates in Steel - Iron and . The Issue is listed on NSE EMERGE in Jan, 2023. Chaman Metallics IPO size was 24.21 Cr. with Issue price of 38.00 .

Chaman Metallics IPO subscription was 207.88 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Chaman Metallics IPO listed at a listing price of 68.00 against the offer price of 38.00.

The current market price of Chaman Metallics is 141.85.

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