Incorporated in 2003, Chaman Metallics Limited 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.
Chaman Metallics has been granted ISO 9001:2015 for its superior management systems, ISO 14001:2015 for environmental management systems, and ISO 45001:2018 for occupational health and safety management system proficiency.
The company manufacturing unit is based in Chandrapur, Maharashtra. The manufacturing facility is spread across an area of around 63 acres of land. The unit has a capacity of 72,000 MT (2 X 100 MTPD) for the production of sponge iron through two Rotary kilns as of March 31, 2022.
The company sell its products primarily in the state of Maharashtra, Odisha and Chhattisgarh. Some of the company’s customers include Rajesh Steel & Wire Industries (New), R.K. Steel Sales, SMW Ispat Pvt Ltd, Gajkesari Steels & Alloys Pvt. Ltd etc.
Chaman Metallics SME IPO Subscription Status Live
Last Data Updated on 06th January 2023, 06:00 PM (Refresh Page)
| Category | Day 1 | Day 2 | Day 3 |
| QIB | – | – | – |
| NII | 1.87 | 11.16 | 255.92 |
| Retail | 7.78 | 28.55 | 159.79 |
| Total | 4.83 | 19.86 | 207.86 |
Chaman Metallics SME IPO Dates & Price Band :
| IPO Open: | Jan 4, 2023 |
| IPO Close: | Jan 6, 2023 |
| IPO Size: | Approx ₹24.21 Crores |
| Price Band: | ₹38 per Equity share |
| Listing on: | NSE SME |
| Retail Portion: | 50% of the net offer |
| Equity: | 6,372,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
Chaman Metallics SME IPO Market Lot:
- Shares: 6,372,000 Shares
- Minimum Amount: ₹114,000
- Maximum Amount: ₹114,000
Chaman Metallics SME IPO Allotment & Listing:
- Basis of Allotment: Jan 11, 2023
- Refunds: Jan 12, 2023
- Credit to Demat accounts: Jan 13, 2023
- Listing: Jan 16, 2023
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Chaman Metallics SME IPO Listing Date