Chaman Metallics IPO Allotment status is to open on Jan 04, 2023. Chaman Metallics IPO Allotment status will close on Jan 06, 2023. Those people or investors who are eagerly waiting for the Chaman Metallics IPO status. The price band of the Chaman Metallics IPO allotment is fixed at ₹ 38. There is no chance of differing prices. If we talk about the Chaman Metallica company then Chaman Metallics is primarily engaged in the business of manufacturing and selling Direct Reduced Iron. This iron is also known as sponge iron. Chaman Metallics Started their company in 2003. So, get ready to take the IPO of Chaman metallic.
Chaman Metallics IPO Allotment Status
The chaman metallic company is a sponge iron producing company. Whose IPO will have to Come within one day. Tomorrow the Chaman Metallics IPO Allotment status will issue the IPO. In this post we are going to tell you about Chaman Metallics IPO Allotment status, what will be the date of issue the share, what is the valuation of Chaman Metallics IPO Allotment, what are the details of the company. To know all about Chaman Metallics IPO Allotment status stay with us in this post at last.
Chaman Metallics IPO Allotment
The company Chaman Metallics was primarily engaged in the business of manufacturing and selling Direct Reduced Iron. This iron is also known as sponge iron. The company made many profits in the last few years. So, the Chaman Metallics IPO allotment status will be released tomorrow. Sponge iron material is mainly used as a raw material for making steel in electric arc furnaces and induction furnaces.
The company Mainly do all the metallic work related to iron. Through the sponge iron business Chaman Metallics earn profit for his company. This company is Raipur-based GR Group which has been in the steel business since 1996.
Chaman Metallics IPO Allotment Status Overview
| Company name | Chaman metallics ipo allotment |
| year | 2023 |
| IPO release date | 4 January |
| ending date | 6 January |
| listening on | NSE |
| sector | metal |
Chaman Metallics IPO Allotment Date
In Chaman Metallics IPO Allotment status, the Chaman Metallics IPO Opening Date is from 4 January 2023 and Chaman Metallics IPO Closing Date is 6 January 2023. The Finalization on Basis of Allotment of this company date is 11 January 2023. Initiation of refunds 12 January 2023 of the company.
The Transfer of shares to demat accounts is on 13 January 2023. After this date the issues share will transfer in your account. Chaman Metallics IPO Listing Date 16 January 2023. After this the company will list in the nse. Till now the Opening Price on NSE is not released. The opening price date is Coming soon.And also the Closing Price on NSE Coming soon of Chaman Metallics IPO Allotment status.
Chaman Metallics IPO Allotment Status 2023
If we talk about Chaman Metallics IPO Dates as we know that it will between 4 – 6 January 2023. Chaman Metallics IPO Price is fixed at INR 38 per share. However in ipo it will not available in per share. You have to buy it in lost. The bundles of share or the group of share is know as a lot of share.
This Chaman Metallics IPO Allotment status Fresh issue is 63,72,000 shares (INR 24.21 crore). There will be no Offer For Sale Till now. So, if you buy it in bulk or single the same price will come to you. The Total IPO size of Chaman Metallics IPO Allotment is 63,72,000. The shares price of the company is (INR 24.21 crore). Minimum bid (lot size) is 3,000 shares (INR 1,14,000).
Chaman Metallics IPO Details
The previous datas of the company is given below of the previous three years. This will help you to analyze.
Years. 2020. 2021. 2022
ROCE (%) (2.56) 27.59 25.72
ROE (%) 15.72 18.20 24.54
Debt/Equity 0.84 0.48 0.66
EPS 2.08 2.94 5.26
PE ratio – – 7.22
RONW (%) 15.72 18.20 24.54
NAV – 16.18 21.44
Chaman Metallics IPO Valuation
So, you have to invest minimum this price to buy the share of Chaman Metallics IPO Allotment. If you do want to invest this money and invest less then you have to wait for the share for listing. The Face Value of this company is INR 10 per share. Retail Allocation is 50%. This will Listing On the NSE SME, national stock exchange. So, this is all about Chaman Metallics IPO Allotment Status. If you like Chaman Metallics IPO Allotment Status then do share with your friends and family.
FAQs related to Chaman Metallics IPO Allotment Status
When will the Chaman Metallics IPO Allotment be released?
The Chaman Metallics IPO Allotment status will release in 4 January and end in 6 January
What is the starting price of Chaman Metallics IPO Allotment ?
The fixed price Chaman Metallics IPO Allotment status is 38.
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