Chaman Metallics Limited

Company Profile
Company Name Chaman Metallics Limited
Open Date 04-01-2023
Close Date 06-01-2023
Exchange NSE SME
Lot Size 3000 Shares
Issue Price ₹ 38 per share
Issue Size 63,72,000 Equity Shares
Application Amount ₹ 1,14,000
Recommendation Apply
Incorporated in the year 2003, the company is engaged in the manufacturing of sponge iron at its manufacturing unit situated at Chandrapur, Maharashtra admeasuring 63 acres of land. The company was a part of MSP Group until 2019 after which it was acquired by the GR Group which has been in the steel business since 1996.
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Summary of Financials (All financials in Lakh)

For the Period Ended Mar-21 Mar-22 Sep-22
Total Assets 5,872.40 7,378.59 9,085.52
Net Assets 2,873.29 3,807.94 4,473.17
Total Borrowings 1,392.81 2,515.81 1,608.18
Total Revenue 14,075.89 18,546.32 11,182.43
Profit After Tax 523.07 934.65 681.74

Tentative Timeline

Opening Date 04-01-2023
Closing Date 06-01-2023
Basis of Allotment 11-01-2023
Initiation of Refunds 12-01-2023
Credit of Shares to Demat 13-01-2023
Listing Date 16-01-2023

Objects of the Issue

To meet Working Capital requirements
General Corporate Purpose
To meet issue expenses

Contact Information

Registered Office Chaman Metallics Limited A-26, M.I.D.C, Tadali Growth Centre, Tadali, Chandrapur, Maharashtra-442406
Phone +91-771-4259100

Registrar Details

Name Link Intime India Private Limited
Phone +91-22-4918 6270

IPO Reservation

Anchor Investor Shares Offered -
Market Maker Shares Offered 3,24,000 (5.08%)
Other Shares Offered 30,24,000 (47.46%)
Retail Shares Offered 30,24,000 (47.46%)
Total Shares Offered 63,72,000 (100%)

Shareholding Pattern

Pre Issue Share Holding (Promoters) 100.00%
Post Issue Share Holding (Promoters) 73.60%

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