Chaman Metallics IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Chandrapur and caters to Steel - Iron sector. Hem Securities is the merchant banker of Chaman Metallics IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 30th September 2022.
Chaman Metallics IPO open date is 4th January 2023 and close date is 6th January 2023. IPO Allotment Date is 11th January 2023 and Listing date is 16th January 2023.Chaman Metallics IPO size is Rs 24.21 Cr. crores with IPO price of Rs 38.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Hem Securities Limited is the book-running lead manager of the Chaman Metallics IPO. Link Intime India Private Limited is the Registrar and Market Maker is [●] for Chaman Metallics IPO.
Chaman Metallics IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Chaman Metallics IPO, based in Chandrapur, operates in the Steel - Iron sector with a focus on Manufacturing and selling of Direct Reduced Iron. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Chaman Metallics IPO size is ₹ 24.21 Cr. Crores with fresh issue size of Rs 24.21 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Chaman Metallics IPO is expected to be 11th January 2023, after the finalization of basis of allotment. Investors can check Chaman Metallics IPO allotment status on the registrars website, Link Intime India Private Limited. Chaman Metallics IPO refund dates are 12th January 2023.
Chaman Metallics IPO is expected to be listed on 16th January 2023.
The upper price band for the Chaman Metallics IPO is set at ₹ 38.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Chaman Metallics IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Chaman Metallics IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 6th January 2023. After submission, funds are blocked until the basis of allotment of Chaman Metallics IPO is finalised.
The merchant banker for Chaman Metallics IPO is Hem Securities Limited . Hem Securities Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Chaman Metallics IPO RHP for further details.
The registrar for Chaman Metallics IPO is Link Intime India Private Limited. Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Chaman Metallics IPO through their official website or helpline.
Chaman Metallics IPO was subscribed 207.88 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
Chaman Metallics IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Chaman Metallics Financial Review Page
Merchant Banker(s) of Chaman Metallics IPO: Hem Securities Limited
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 165.80.
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