58  Total SME IPOs listed in 2025

2,593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

Chaman Metallics Limited IPO (Chaman Metallics IPO) Detail

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.

IPO Category : SME
Exchange : NSE EMERGE
Issue Type : Fixed Price

Chaman Metallics IPO Date

Date of DRHP:
30th September 2022
IPO Allotment Date:
11th January 2023
IPO Open Date:
4th January 2023
Initiation of Refund:
12th January 2023
IPO Closing Date:
6th January 2023
IPO Listing Date:
16th January 2023

Chaman Metallics IPO Info, Size, Subscription

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.

IPO Size :
₹ 24.21 Cr.

Issue Price:
₹ 38.00

Market Capitalisation :
₹ 91.71 Cr.

PE multiple :
6.73

Subscription :
207.88 times

Pre Issue Promoter Holding :
100.00 %

Post Issue Promoter Holding :
73.60%

Chaman Metallics IPO Information

Sub Sector : Manufacturing and selling of Direct Reduced Iron
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 (Chaman Metallics IPO Objectives)

  • To meet Working Capital requirements
  • General Corporate Purposes
  • To meet issue expenses

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 Market Maker

[●]

Chaman Metallics IPO Registrar (RTA)

Link Intime India Private Limited

Chaman Metallics IPO Lead Manager (BRLM)

Hem Securities Limited

Chaman Metallics IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Chaman Metallics IPO?

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.

When is Chaman Metallics IPO allotment?

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.

When is Chaman Metallics IPO listing date?

Chaman Metallics IPO is expected to be listed on 16th January 2023.

What is the price band for Chaman Metallics IPO?

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.

What is Chaman Metallics IPO Review?

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.

How to Apply for Chaman Metallics IPO?

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.

Who is the merchant banker of Chaman Metallics IPO?

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.

Who is the Registrar of Chaman Metallics IPO?

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.

What is the Chaman Metallics IPO subscription?

Chaman Metallics IPO was subscribed 207.88 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

  • IPO Size: ₹ 24.21 Cr. Avg IPO Size (Sector Based) : ₹ 37.60 Cr.
  • Sector: Steel - Iron SME IPO so far: 7
  • Merchant Banker: Hem Securities SME IPO by BRLM so far: 47
  • City: Chandrapur SME IPO so far: 1
  • Revenue (annualised): ₹ 222.90 cr.
            PAT: (annualised): ₹ 13.62 cr.
  • PE Ratio: 6.73x Average Sector PE Ratio: 17.40x
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FAQs

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

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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