Chaman Metallics Limited
ListedSMEMetals & Mining · NSE
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.
Price Band
₹38
Issue Size
₹24.21 Cr
Lot Size
3000 shares
GMP
₹30
+79.0%
Est. Listing
₹68
at current GMP
Subscribed
207.88x
overall
Open
4 Jan 2023
Close
6 Jan 2023
Allotment
12 Jan 2023
Refund
13 Jan 2023
Demat Credit
14 Jan 2023
Listing
16 Jan 2023
Last updated 12 days ago
Overall Subscription
207.88x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 3,185,526 | — | 0.00x |
| Non-Institutional (NII / HNI) | 955,658 | — | 0.00x |
| Retail Individual (RII) | 2,229,868 | — | 0.00x |
| Total | 6,371,052 | 0 | 207.88x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 743 | 154,455 | 207.88x |
| HNIs (10L +) | 5 | 1,039 | 207.80x |
| HNIs (2-10L) | 23 | 4,781 | 207.87x |
| Total Applications | 771 | 160,275 | 207.88x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About Chaman Metallics Limited Public Issue & Market Profile
Chaman Metallics Limited is bringing an initial public offering (IPO) in the Metals & Mining sector with an aggregate issue size of ₹24.21 Crores. The shares are offered at a price band of ₹38 to ₹38 per equity share on NSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
Bidding & Quota Instructions:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Allotment Reconciliation Schedule:
Following the close of bidding on 2023-01-06, the basis of allotment is scheduled to be finalized on 2023-01-12. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.
Frequently Asked Questions
What is Chaman Metallics Limited IPO GMP today?
The latest Grey Market Premium (GMP) for Chaman Metallics Limited IPO is ₹30 per equity share. Based on the upper price band of ₹38 to ₹38 per equity share, the estimated listing price is ₹68 (+79.0% expected listing gain).
What is the expected profit per lot for Chaman Metallics Limited IPO?
With a lot size of 3000 shares and current GMP of ₹30, the expected profit per application lot is approx ₹90,000 (+79.0% gain). Minimum application cost is approx ₹1,14,000.
What is the issue size and price band for Chaman Metallics Limited IPO?
The Chaman Metallics Limited IPO aggregate issue size is ₹24.21 Crores with an equity price band set at ₹38 to ₹38 per equity share. The retail lot size is 3000 shares requiring a minimum capital outlay of approx. ₹1,14,000.
How can I check Chaman Metallics Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 207.88x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
Where and when will Chaman Metallics Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2023-01-12. Investors can verify status using PAN card or application number.
When is the listing date for Chaman Metallics Limited IPO?
Chaman Metallics Limited shares are scheduled to list on NSE on 2023-01-16.